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The US stock market appears to be directly correlated to the amount of money the FED prints. With the current QE, there will be more dollars printed. I'm not h
by nine_zeros 7y ago
The US stock market appears to be directly correlated to the amount of money the FED prints.
With the current QE, there will be more dollars printed. I'm not holding my breath. However, day-to-day workers and young people will be destroyed by this asset inflation.
- technics256 7y agoHow will they be destroyed?
- Terretta 7y agoI think the idea is that their cash flow is constricting relative to assets they would need/want buy to establish their place in the world.
- nine_zeros 7y agoBy simply spending too much of their income to buy said overpriced assets