I don’t know why this chart fascinates me so, but it does…
After stumbling upon this item at the Telegraph with an infographic on the history of money, I went searching for the source, only to find that there are tons of infographics on the subject as shown below:
You’d think the central bank powers that be would have some appreciation for this subject and, more importantly, a recognition of how far we have strayed from whatever might have been considered “normal” for the last few thousand years, but they probably don’t.
Billionaire Silicon Valley venture capitalist and hedge fund manager Peter Thiel talks with the folks at CNBC about central bank money printing and asset valuations.
We’ve been in this world where people have been printing money at the Fed for six years and it is a very strange question of what happens when it ends … I think the thing that is most distorted is the bond market and fixed income, and perhaps less on the equity side, but we certainly are back in a government bubble of massive size.