It’s a Bubble, Part 19: Insanity Remains Undefeated

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After all, have any of my readers tried arguing with an insane person to a logical conclusion?

The post-pandemic free money let’s print and invest in anything, yes including cockroach ready to eat meals, apparently has not had a violent enough conclusion for the human race to learn a lesson; yet.

For example, this beaut from TikTokInvestors on X:

nah we really running 2021 back aren’t we pic.twitter.com/YRXibCgL5B
— TTI (@TikTokInvestors) March 6, 2024

I wonder how much a dog poop coin would make or would I have to wait for a quarterly report on trailing earnings?

Of course with America’s political elites on the ball watching over everything, what could go possibly go wrong with kids getting credit cards and buying imaginary digital currency. Then again, the video below might answer that question for my readers (NSFW).

The craziest 60 second clip you’ll ever see of Jay Powell. @federalreserve pic.twitter.com/Arz2P8kMae
— Aaron ✌️ (@Silver_Gold_U) March 7, 2024

Poor Jay Powell. He has to make up answers about inflation, employment, and business conditions because his economists are using antiquated models and now he has to listen to Sex Lives of the FDIC while allegedly giving economically related testimony.

Thankfully, there is no bubble.