all because of M2 money printer, it broke how money works , process of fiat money started in 1971 but with covid printing they made last nail in the coffin.
Numbers go up because they can print UNLIMITED $trillions, your work means nothing.
All the Fed, CBs and invesment bankers lies to you when you ask about how printing and fiat money works. They steal real value from you, they only create certain amount of value with banking but instead they OWN the money suppy and control.
chairmansteve•46m ago
Why has inflation been low then? I know there was a covid spike and it's a little higher now, but if money printing was out of control, wouldn't we have Venezuela or Zimbabwe levels of inflation?
anon191928•36m ago
because printed money mostly goes to stocks, private family funds + overseas. That level of inflation requires failed financial system + lack of fiancial people.
Why do you think sp500 and stocks are at ATH? they get printed fiat that's why. you as a worker dont get printed fiat now so you dont add to consumer inflation. They gave covid checks and business loans when inflation increased, you dont get that benefit anymore. They learn their lesson to steal value from you.
danielscrubs•8m ago
You might be on to something. Do you have any further reading?
metalman•1h ago
WRONG
simojo•1h ago
What would it take for something like the stock market to become illegitimate in the world's eyes? To the point of not investing, that is
toomuchtodo•58m ago
Value and return destruction dissuading capital flows to the asset class.
anon191928•56m ago
end of fiat money or WW3.
nradov•10m ago
Investors traded on stock markets even back when currency was backed by precious medals.
filereaper•42m ago
There's almost an underlying assumption that taxpayers will bail you out, or you that you won't go to jail for all these securities frauds, or miscalculating risk on pension funds assets is okay.
Rip away all these away and the Emperor is called out to be naked very quickly.
paulddraper•8m ago
In 2008, the SEC made it illegal to short financial institutions.
Do they exist to ensure fairness, or to prop up the winners?
anon191928•1h ago
Numbers go up because they can print UNLIMITED $trillions, your work means nothing.
All the Fed, CBs and invesment bankers lies to you when you ask about how printing and fiat money works. They steal real value from you, they only create certain amount of value with banking but instead they OWN the money suppy and control.
chairmansteve•46m ago
anon191928•36m ago
Why do you think sp500 and stocks are at ATH? they get printed fiat that's why. you as a worker dont get printed fiat now so you dont add to consumer inflation. They gave covid checks and business loans when inflation increased, you dont get that benefit anymore. They learn their lesson to steal value from you.
danielscrubs•8m ago