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It seems to me the assertions are mostly junk. Just from the title: >The Stock Market Is Selling Its Soul and the Fed’s Independence to Trump Because ZIRP Brok
by tim333 1y ago
It seems to me the assertions are mostly junk. Just from the title:
>The Stock Market Is Selling Its Soul and the Fed’s Independence to Trump Because ZIRP Broke The World
"The stock market doesn't have a soul" - it's a market where you can buy and sell equities which have done for some decades
"Fed’s Independence to Trump Because ZIRP Broke The World" - I don't think so. Trump is bullying the Fed because he wants to print money to compensate for his dumb tariffs.
"ZIRP Broke The World." Well, it caused problems but it would make almost as much sense to say I put on three pounds last week because ZIRP Broke The World. Cause and effect don't really line up.
- soganess 1y agoI'm sorry, but is one of your honest arguments: well actually "the stock market doesn't have a soul"? Fun fact, neither your parent nor the person who wrote article thinks the stock market has an actual soul. (fwiw: this comment should not be construed as me agreeing with the article. I really don't have enough knowledge to even kind of consider it's veracity)
- tim333 1y agoI get annoyed be "the dollar is eyeing going up due to waves of liquidity, but feels stable in it's soul" type word salad.