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16
DeusVult2020 16 points ago +25 / -9

The stock market is completely detached from reality. Let's be honest. The Fed is literally buying junk bonds. This is the party before the collapse.

8
ThatGuyFromFark [S] 8 points ago +10 / -2

I don't see it. Yeah, the Fed has been doing some reckless shit but I tend to agree with the President. All my positions are long and we should be on a rocketship once we start fully no bullshit reopening.

4
Peppers 4 points ago +5 / -1

CAPE Schiller index. Im all in for Trump, but not putting my faith in the market. I prefer the other things he's doing for the Economy

2
DeusVult2020 2 points ago +5 / -3

Lol. Ok. Guess we can just print money forever at 0% interest. That's definitely sustainable

3
TrumpTrain 3 points ago +3 / -0

It’s not, but it is for the next 20 years at least. We’ve been creating inflation for a long time, and so has everyone else. If we get the wall built, bring jobs back home, and put America first, we can tackle that issue next, but we can’t do both at the same time, and we can’t tackle it at all as long any party doesn’t have a super majority

1
lucidvein 1 point ago +1 / -0

The danger of that is inflation. But we have almost no inflation at the moment even with all the money that's being printed. The fed did that to combat deflation because money velocity wen't way down because people got scared or were forced to stay at home because of covid.

0
ColbyP 0 points ago +1 / -1

I'm no economist, but I've never understood why deflation would be a bad thing. Seems to me like having your dollar go further would only be good for average person.

5
electricboogaloo 5 points ago +9 / -4

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3
Fremium2020 3 points ago +3 / -0

For what purpose?

People love to say this stuff, but they never furnish a point.

At a certain point a few of you basically are just parroting the same "I hope the economy fails" rhetoric the Dems use because some of you seem really pissed that we aren't in a total economic Depression right now.

1
DeusVult2020 1 point ago +3 / -2

Funny how people that call them "conservatives" have no conception of sound money or understand the problem of money printing.

4
Fremium2020 4 points ago +4 / -0

Funny how people that claim they do have been warning me of "certain economic collapse since 2001" seem to keep predicting it even when every warning never leads to what they swear is going to happen.

People that damn good with money should be millionaires by now instead of acting like the kook with a sign on a street corner.

-2
deleted -2 points ago +1 / -3
-2
MerchantMan99 -2 points ago +1 / -3

2001? We had a massive collapse in 2008. This one will be much, much worse than 2008.

2
rrobalyw 2 points ago +2 / -0

Fed' newly printed money is going to stocks, and when demand grows prices rise. And what I hate about this is that it's very similar to the 08 crash where income inequality sky rocketed.

I don't care about income inequality if it was real money but printed (cheap) ( fake) money chases out the real money and that's stagnation like Japan!

Asset inflation isn't a good thing, specially when it's incurred via debt to be paid by taxes from the people.

2
sixfingerdildo 2 points ago +3 / -1

Stop reading zerohedge. Stay in bonds unless you're a day traitor.

Faith in the US is going back up. Covid was a farce. Mercantilism will still exist, just not concentrated in China.

Us doesn't auto cap but China does.