The Federal Reserve System in America directs all world central banks in the manipulation of the money supply. The increase in the supply of money and credit is called inflation. One of the effects of inflation is the increase in prices, such as stock, bond, real estate and general prices. When central banks inflate the money supply, it’s called a ‘boom,’ such as the roaring twenties and the current ‘economic boom’ that society is in. The ‘bust’ follows when central banks shrink the money supply. This happened in 1929, 2009 and all of the crashes in between. There is no mystery to the stock market and most financial professionals and news media are aloof to this fact.
If after ten minutes at the poker table you do not know who the patsy is—you are the patsy.
– Poker Proverb
