Endless trillion of money printing has been ongoing for a long time now. The dangers of this has been the normalization in people's minds that it is somehow natural, good, simulative and healthy. As the charts shows in reality it has never been so unnatural, bad, surprising and unhealthy.
During this time we have given a voice to crazy economists (Ie #MMT) that have made a careers running around telling people we need more of the same. False profits with promises of riches is as old as prostitutions.
I hope this chart tickles your curiosity just enough to make a difference.
I guess this eventually goes the way of all ponzi's, hope I am not around to see it.
3809a18b5fcc49de89b212a85501ab
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what can we do?
RealMacro
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@3809a18b5fcc49de89b212a85501ab, Household income Dissaving = Profit Savings = Higher asset prices. Reducing Gov't funding Household income will force Profit Savings to fund it instead leading to an eco-system feedback loop between households and profit savers. That would increase the wealth of the real economy with appropriate amounts of deficits relative to economic growth and wealth.
Alternatively, Gov't keeps fueling a massive asset bubble with endless debt to the point where there is no longer economic growth and we end up like a 3rd world country.