Warsh being against QE is the most bullish thing, and again, only the 7% see it. QE floods the system with liquidity that inflates asset prices without even really driving real economic productivity, which creates an artificial wealth effect that makes markets increasingly dependent on central bank intervention. It's great for quick parabolic crypto gains, which is why so many like it so much (I was once in that camp as well). But when the Fed eventually has to unwind that balance sheet or stop printing, you get the kind of harsh correction that we've been in for years. You get economic contraction and suppression. We have only ever seen crypto bull markets in times of economic expansion. Warsh's #1 objective is economic health and growth. Many are not bullish enough.(Dan Gambardello)