Naturally, people want to take advantage of the good times by spending money on such things as a new home. Their 401k balances are bursting, saving is increasing, they’re receiving free government “stimulus” money, etc. The government uses all the new money for unsustainable spending campaigns.

First, the Federal Reserve massively increases the money supply while charging ultra-low interest rates. Let’s examine how to create a textbook bubble in the real estate market that benefits the super-rich.

No White Flag on Red Flag Laws – Kurt Schlichter Quote of the Day