Ask Paula: Is a Crash Coming?
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I Feel the Fear, but Do It Anyway
The fed flooded the market with liquidity, nine trillion to ten trillion dollars worth of liquidity. In an environment with such excess liquidity, all assets went up. It is no surprise that valuations rose at a time when our society was flooded with liquidity. The money that's being removed from the system, it's got to come from somewhere - not only the federa reserve, but also the government.
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