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If currency devalue, S&P500 would go up since equities will hold value better than cash.
by aurareturn 10mo ago
If currency devalue, S&P500 would go up since equities will hold value better than cash.
- alecco 10mo agoIt's way more complex. Technology is driving deflation even for equities as extraction and refinement becomes cheaper. But the worst is mass migration an the bulge of the world population pyramid entering working age [1]. Labor costs down for corporations and our wages evaporate. Compound with AI and automation. I think the future is very unpredictable. [1] https://www.populationpyramid.net/world/2025/ https://www.populationpyramid.net/world/2025/
- maerF0x0 10mo agoI'm not sure how the cycle continues though if we dont have jobs, the companies do not have buyers?