Earlier quoted context omitted.
M1 and the Fed's balance sheet are down since 2022, though. What "money printing" do you mean?
The $4T that businesses got handed in march 2020, aka 20% of all USA currency ever printed. Don't think they aren't still playing with it.
Stock markets are booming but the good times are unlikely to last
41–50 of 71 posts
Re: Stock markets are booming but the good times are unlikely to last
#42Earlier quoted context omitted.
Which money printing are you referring to?
I think the US printed a couple of TRILLION dollars during COVID. The money hasn’t gone anywhere so if you’re American and don’t have the $80000 per person someone else has your cash. Edit: not sure why you’re downvoting! It was actually $3.3tn in 2020 alone which is wild.
Re: Stock markets are booming but the good times are unlikely to last
#43Re: Stock markets are booming but the good times are unlikely to last
#44I'm heartened to see the comments here because they seem to support what I've slowly been realizing, which is that nobody knows what will happen next. There will always be a steady stream of people telling you both that the sky is falling and that we're on the upswing. As far as we can detect there's a near equal probability of either being true. Writers have their own biases and economic homeostasis is dependent on…
Re: Stock markets are booming but the good times are unlikely to last
#45Re: Stock markets are booming but the good times are unlikely to last
#46if technology continues to improve productivity, then the market will continue to rise accordingly.
Improving productivity isn’t perfectly aligned with what is good for tech stocks. Does Netflix want you to be more productive? Meta? Google and Amazon maybe.
Yes. If you can support yourself while only working 10 hours a week then you have another 30 hours you could be spending on watching Netflix or shit posting on Facebook.
Re: Stock markets are booming but the good times are unlikely to last
#47Earlier quoted context omitted.
Which money printing are you referring to?
I think the US printed a couple of TRILLION dollars during COVID. The money hasn’t gone anywhere so if you’re American and don’t have the $80000 per person someone else has your cash. Edit: not sure why you’re downvoting! It was actually $3.3tn in 2020 alone which is wild.
Re: Stock markets are booming but the good times are unlikely to last
#48if technology continues to improve productivity, then the market will continue to rise accordingly.
Technology is improving productivity? We're still down half of what overall productivity was 20 years ago. https://www.thirdway.org/report/missing-the-juice-whats-happ...
Re: Stock markets are booming but the good times are unlikely to last
#49if technology continues to improve productivity, then the market will continue to rise accordingly.
Technology is improving productivity? We're still down half of what overall productivity was 20 years ago. https://www.thirdway.org/report/missing-the-juice-whats-happ...
Re: Stock markets are booming but the good times are unlikely to last
#50Earlier quoted context omitted.
Improving productivity isn’t perfectly aligned with what is good for tech stocks. Does Netflix want you to be more productive? Meta? Google and Amazon maybe.
> Does Netflix want you to be more productive? Meta? Yes. If you can support yourself while only working 10 hours a week then you have another 30 hours you could be spending on watching Netflix or shit posting on Facebook.