Evidence the economy has completely gone over into the Twilight Zone.
1) The FED announces that because the economy is in such bad shape and needs more stimulus, they will continue QE indefinitely.
2) The "free money" pumped into the system artificially inflates stock prices (at the expense of the dollar)
3) Companies that have no profits (e.g. Amazon), are seeing record high stock prices while many companies that actually make money are not.
4) The media reports the stock market record highs as evidence that the economy is doing great.
(Insert you own sound effects here by humming the Twilight Zone theme for a few seconds)
Some phrases come to mind. See if you can complete the following:
Circular ______
Lipstick on a _____
You can't polish a ______
What goes up, _______
The bigger they come, _________
1) The FED announces that because the economy is in such bad shape and needs more stimulus, they will continue QE indefinitely.
2) The "free money" pumped into the system artificially inflates stock prices (at the expense of the dollar)
3) Companies that have no profits (e.g. Amazon), are seeing record high stock prices while many companies that actually make money are not.
4) The media reports the stock market record highs as evidence that the economy is doing great.
(Insert you own sound effects here by humming the Twilight Zone theme for a few seconds)
Some phrases come to mind. See if you can complete the following:
Circular ______
Lipstick on a _____
You can't polish a ______
What goes up, _______
The bigger they come, _________