How Stupid Are Things Getting In The Everything Bubble? Pretty Freaking Stupid.

Businessweek says on its cover that sneakers are a "new asset
class". Valuations for most assets are through the roof. People
with no idea how markets work and no knowledge of valuing
companies or understanding what they are buying are making money
hand over fist. Is this normal or is it a result of too much
money being created by central banks that is enabling rampant
specualtion?