I submit exhibit 1: the US monetary supply. [1] We're 'printing' money like there's no tomorrow. Up ~6% in a single year, well over a trillion dollars. That's obviously going to make an economy look increasingly nonsensical.

I increasingly get the same feeling I did as back in the early 2000s when there were endless 'house flipping' shows on TV where somebody would go buy a house on an insta-improved loan, add some granite counter tops and mop the floor, then resell it within a couple of weeks for $20k profit and repeat. Not sure how people didn't see that was basically 'Bubble - The TV Show!'

[1] - https://fred.stlouisfed.org/series/M2SL