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It used to be a casino. Now it's a matter of monetary policy transmission and a national security issue. They fully and shamelessly embraced the wealth effect a
by vladimirralev 2y ago
It used to be a casino. Now it's a matter of monetary policy transmission and a national security issue. They fully and shamelessly embraced the wealth effect as the driving force of the economy. Market always has to go up or else bad things are going to happen.
- ryandvm 2y agoThis. The people with the wealth have captured every regulatory environment. As long as that situation persists, do not bet against the wealthy because they will move heaven and earth to make sure they always come out on top.