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The valuations are in part a leading indicator of inflation, as governments print money. It's no good having cash, buy a stream of inflation adjusted revenue.
by andrew_v4 6y ago
The valuations are in part a leading indicator of inflation, as governments print money. It's no good having cash, buy a stream of inflation adjusted revenue.
Also whatever the opposite of trickle down economics is. As more concentrated wealth chases investment opportunities, prices go up.
- alisonkisk 6y agoThat's what trickle down economics is, definitionally: money being poured on wealthy people to spend.
- andrew_v4 6y agoWhat I had in mind was money being given to the masses through covid related benefits and then quickly concentrating into the hands of a few.