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This is incorrect. The inflation is indirect. Asset prices for stocks, and housing, will go up. What will happen, is the CEOs push up the stock prices. They g
by blackrock 6y ago
This is incorrect. The inflation is indirect.
Asset prices for stocks, and housing, will go up.
What will happen, is the CEOs push up the stock prices. They get a nice payout in the millions of dollars. The upper management get nice bonuses, in the hundreds of thousands of dollars each, which adds up to millions in total.
Then, they start to buy things in the real world, like houses, or apartments. Or they invest in businesses that buys houses and apartments. This drives up housing costs, which drives up rental costs, which drives up the prices for everything else.
And there you have it. Inflation that eats up your paycheck.
You work hard to try to make more money on one hand, and society just takes the money out of your pocket while you’re not looking.