Phigroup1的部落格

葛林斯班為了拯救網路泡沫化後的美國經濟
採取寬鬆的貨幣政策，將利率將到1%，
造成大量資金在全球各類資產亂竄
全球房地產、股市、債市、石油、黃金、貴金屬、基本金屬等原物料全面大漲

然而天下沒有白吃的午餐
終究要付出代價
所有資產前後見頂
從房地產開始，到股市、債市，最後是原物料

Ludwig Mises:
There is no means of avoiding the final collapse of a boom brought about by credit expansion. 

The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

我是個積極的悲觀主義者