It's not unusual nowadays for an entrepreneur to start a new company, take it public and make more money on the stock of that company than from the income and earnings of what that company produces. In other words, you can often make more money in speculation than production. You can make more money with public offerings, mergers, acquisitions, spin-offs and takeovers than you can producing and selling. Loose monetary policies make such inequities possible.
Easy money is responsible for soaring stock markets.
It promotes an orgy of speculation and financial excess. But this vast credit and debt expansion cannot go on indefinitely. The excess of credit in the U.S. is unprecedented in history and carries with it the seeds of its own destruction. For the first time more Americans work in government than manufacturing. Such excesses can only lead to further devaluation of the dollar.