This Bubble's Got Legs
So my vague understanding is that QE and stuff is technically printing money, but the resulting money isn&#x27;t really being used for anything.<p>Is a bubble a bubble if the extra bubbly-ness is from stuff that doesn&#x27;t get used?<p>EDIT: actually, answered my own question. QE raises asset prices (even if the sellers aren&#x27;t really doing anything with the money), and at one point people will be like &quot;wait, none of this is worth the price it&#x27;s at&quot; and then panic (unless QE Infinity).