The cheap helicopter money was the grand party everyone was enjoying. Then bartender Powell announced he will do his job and the bar is closed. Now everybody hates Powell (FED) for doing their job.
I did not hear many howls when artificially cheap money was being thrown from the helicopter. The federals try to suppress normal economic cycles, and only succeed in creating bigger bubbles and bigger busts.
Yeah there weren’t many of us bitching but the artificially inflated asset prices sucked
Been basically sitting on cash, renting a house and not making any major purchases because the amount of cheap money chasing goods
I intend to do some auction buying of things probably starting pretty soon