We could also have entitled this essay How to Measure Your Own Capital Destruction. But this headline would not have set expectations correctly. As always, when looking at the phenomenon of a credit-fueled boom, the destruction does not occur when prices crash. It occurs while they’re rising. But people don’t realize it, then, because rising […]
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https://monetary-metals.com/wp-content/uploads/2018/12/bubbles.png 668 1069 Keith Weiner https://monetary-metals.com/wp-content/uploads/2022/08/monetary-metals.png Keith Weiner2018-12-24 05:55:342018-12-24 01:18:17Are Stocks Overvalued, Report 24 Dec 2018
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