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Basic monetary explanation: The current 'rescue' has pumped $6 trillion via CARES and Fed asset purchase. Some of it is competing for the only thing going up- n
by peter303 6y ago
Basic monetary explanation: The current 'rescue' has pumped $6 trillion via CARES and Fed asset purchase. Some of it is competing for the only thing going up- not goods, not wages, not bonds, but stocks.