“””Cheap money leads to bad investments,redundant companies, make work employment, a weak currency, high real estate valuations, & bloated equities.”””
Economic recessions are necessary to clean out the shysters who create this garbage when money is cheap.
The shysters (banksters) are the ones who allow the asset bubbles on purpose then pull the rug from the common idiots - gathering the underlying assets of the promissory notes and creating yet another largest transfer of wealth in world history.
History repeats. This one will be worse than 2007/08.