5 ms·
Almost all wage earning activities have had downward wage pressure on real wages for the last 5 decades. The only exception to this sees to be highly defensibl
by lumost 6y ago
Almost all wage earning activities have had downward wage pressure on real wages for the last 5 decades. The only exception to this sees to be highly defensible businesses/monopolies and the talent pool these businesses draw from.
I wouldn't be surprised for more daytraders to emerge playing games like GME/TSLA/BTC. With infinite printed money there never needs to be a greater fool. Shorts who go bust get bailed out, banks who bet long can pump the stock on near negative interest, Individuals can drive momentum to the point that other players leverage the money spigot.
After all as long as the money doesn't get withdrawn it doesn't impact the real economy right?