There is a mechanical force that pushes asset prices higher as capital flows passively into the market every month.As more money flows in, it must be used to purchase assets, at whatever current price they’re trading at. That valuation-insensitive purchasing results in higher and higher prices.Today’s guest refers to this current system as the “giant mindless robot”.And, in his view, has deformed our financial markets into a gargantuan ponzi scheme of unprecedented scale.One that someday must go bust, as all ponzis do.For all the details on this, we’ll spend the next hour with Michael Green, portfolio manager & chief strategist at Simplify Asset Management.Video Length: 01:08:15More By This Author:What If A Coming Recession And Bear Market Are The Least Of Our Worries? Stocks “Running On Fumes”, Risk Of A 30-80% Crash”It Will Feel Like A Recession” When Unemployment Hits 4.5% By Year-End
