Asset Bubbles & Financial Instability Global QE surge: The ECB printed over €5 trillion (~$5.8T) post‑2015, which stoked bubbles in real estate and financial assets, while leaving the bank system unstable once reversals hit in 2022.M3 growth signals: Rapid expansion in institutional money pools often foretells increased lending—and often risky leveraged investments Inflation & “Crack-Up” Risk Hyperinflation examples: Economies like Zimbabwe and Weimar Germany printed excessive money, triggeri...

Asset Bubbles & Financial Instability Global QE surge: The ECB printed over €5 trillion (~$5.8T) post‑2015, which stoked bubbles in real estate and financial assets, while leaving the bank system unstable once reversals hit in 2022.M3 growth signals: Rapid expansion in institutional money pools often foretells increased lending—and often risky leveraged investments Inflation & “Crack-Up” Risk Hyperinflation examples: Economies like Zimbabwe and Weimar Germany printed excessive money, triggeri...