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Tell ’em:

Charlie also shared these charts:

Why isn’t the Fed raising rates?

Because they know the slightest uptick in rates could pop this whole bubble.

The Fed will tell you that they’re keeping rates low because the “real economy” hasn’t yet caught up to the market. But isn’t this an implicit indictment of Fed policy–that it’s only good for inflating the prices of financial assets like stocks, bonds and real estate (and digital art)? And the Fed absolutely knows what it’s doing. It is designed to funnel more and more money to the wealthy.

Plus, with federal debt approaching WW2 levels, inflation is the only real way out. Inflate the debt away.

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