Tesla, Bitcoin, GameStop Bubbles All Have Roots In Tokyo

Tesla. Bitcoin. GameStop. U.S. Treasury bonds. Everywhere investors look these days, they find history-making bubbles staring back at them. The commonly cited culprit is central banks refilling the proverbial punchbowls too often and too liberally. Too much monetary liquidity chasing too few good bets is always and everywhere a recipe for runaway froth.