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I mean, they can only go meaningfully higher if people can afford those higher prices. I'm not convinced they can go much higher without wages going up substant
by rxhernandez 4y ago
I mean, they can only go meaningfully higher if people can afford those higher prices. I'm not convinced they can go much higher without wages going up substantially.
- chemmail 4y agoThe money came from the gov printing $2trillion for the pandemic from thin air. That got thrown into speculative investments like stocks, which had insane highs. Now the air wants it back. Everyone who had inflated net worth from stocks and other investments and leveraged from all those speculative assets will soon be in bad shape.