4 ms·
Exactly - when equities, commodities, prices of goods, crypto, .... are all up, this tells us that the real situation is that currency is down.
by EgregiousCube 1y ago
Exactly - when equities, commodities, prices of goods, crypto, .... are all up, this tells us that the real situation is that currency is down.
- jeffrallen 1y agoOr that rich people need to pay more taxes. Cc: Gary's economics @ youtube
- r_lee 1y agoThat is what he means... Inflation of all assets caused by bad fiscal policy and both deregulation and regulation causing most of the money to only move around in the upper echelons of society this really can't keep going on forever. the weekly "ATH" and everything going up is like a pressure bomb that keeps getting pressurized more and more each day. And because this is all assets, the more assets you already have, the more you gain. And the central banks/etc. will make sure the party keeps on going for you.
- foxyv 1y agoA rising sea, raises all boats. But if one boat shoots up like a rocket, then expect a tidal wave.