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There's one thing I've never quite understood. There seems to be some sort of obsession with inflation and Fed policy among the HN/Reddit demographic. Could it
by ASinclair 5y ago
There's one thing I've never quite understood. There seems to be some sort of obsession with inflation and Fed policy among the HN/Reddit demographic. Could it be the crossover with interest in Cryptocurrencies?
I could be wrong but it's just something I've noticed over the years.
- ultra_nick 5y agoInflation hedging is to inflation as vaccines are to pandemics.
- symlinkk 5y agoHN and Reddit has a younger crowd that doesn’t have a lot of major assets (like a house, big stock portfolio) so they’re getting the worst of all worlds - the price increases from inflation without the corresponding rise of asset value.
- missedthecue 5y agoStocks and assets don't necessarily increase in value as inflation occurs. During the decade of the 1970s, there was some phenomenal levels of inflation, and the S&P500 inflation adjusted returns for the decade were about -20%