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Stocks are deflated because they aren’t expected to earn because people aren’t out buying and companies aren’t earning. Same for oil. Same for airline tickets
by state_less 7y ago
Stocks are deflated because they aren’t expected to earn because people aren’t out buying and companies aren’t earning. Same for oil. Same for airline tickets. It seems obvious that there is deflation. If you have a good paying job right now, you can buy a lot for less.