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It's not going to happen for a while yet. There is more money chasing fewer opportunities so we see equity asset inflation. This is exacerbated by increasing
by rjbwork 6y ago
It's not going to happen for a while yet. There is more money chasing fewer opportunities so we see equity asset inflation. This is exacerbated by increasing industrial centralization and the longest period of low interest rates on record, causing the average retail investors' only logical choice to be to put it in the market - be that index funds or individual "meme stocks". And if you don't? Inflation will slowly eat away at the money you've worked hard for. Classic TINA and "No Good Choices"/Catch-22.
But hey, I've 4x'd and 2x'd my GME bets on both spikes so who am I to talk, really?
- ericmcer 6y agoIt is kind of miserable though, either invest in a very shaky market, or watch inflation chew through your savings. It would be a fun game if working 40-50 hours a week wasn't the cost of a ticket to play.
- ManifestTendy 6y agoI believe this is an argument for the coin. Pick your poison, really.