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I don't understand your argument, if asset prices are what they were pre-covid, then doesn't that represent a stabilization of the economy, not some sign of sig
by dlp211 6y ago
I don't understand your argument, if asset prices are what they were pre-covid, then doesn't that represent a stabilization of the economy, not some sign of significant growth in the future.
Also, the stock market is not the economy. Those treasuries are what allowed us to send money to people, to subsidize student loan interest, to fund extended UI benefits, to fund Operation Warp Speed, to purchase 100's of millions of doses of vaccines.
There are valid critiques of our system, free markets, capitalism, and even some modicum of truth that the government does a lot to reward already successful people, but your pushing a bunch of rhetoric that is borderline conspiracy and not really backing it up an understanding of how the economy works.