Expect asset price “aberrations” to multiply
There has recently been a number of asset price “aberrations”, that is sharp price rises followed by sharp price falls. Examples include the share prices of GameStop and AMC and the prices of silver and Bitcoin. These are not just bubbles (as in that in US technology companies) , but drastic fluctuations in asset prices. Unfortunately, such situations should be expected to multiply. Given the extremely rapid money supply growth, a group of investors can easily coordinate to collectively buy a financial asset using the massive liquidity available and drastically drive up its price. These investors then sell this asset and its price collapses.