During the 27 years after Alan Greenspan became Fed chairman in August 1987, the balance sheet of the Fed exploded from $200 billion to $4.5 trillion. Call it 23X. Let’s see what else happened over that 27 year span. Well, according to Forbes, Warren Buffett’s net worth was $2.1 billion back in 1987 and it is now … Continue reading The Warren Buffett Economy——Why Its Days Are Numbered (Part 1)