In this week's Off The Cuff podcast, Chris and Wolf Richter discuss:
- The Pricing Of Risk Is Kaput
- Today's assets are priced at truly insane levels
- As A Result, Safe Yields Are Non-Existent
- Which is killing savers
- The Masses Are Being Betrayed
- Sacrificed for the benefit of a rarified few
- The Housing Bubble 2.0 Appears Set To Pop
- More data is showing a topping out
Wolf returns this week to discuss the toxic repercussions of today's gross mis-pricing of risk. It leads to increasingly dangerous mal-investment, elevating the heights from which prices will fall during a correction. The worst part about this is that this current Mother Of All Bubbles is a deliberate act of policy by the central planners, who are sacrificing the future of the many to benefit the today of an elite few:
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