Congrats I guess?
The monetary supply went up so much in 2020, profiteers need to park that money somewhere! They know the value of the dollar is going to shit with the printing presses running hot!
Gold, BTC and yes, even Stocks. All of them surge because the supply of money exploded while your average joe looses his job, slides into poverty and gets a $600 check to stfu.
Just look at this shit:
M0 supply went from 3,4 Trillion to over 5 Trillion in 2020
M1 supply went from 4 Trillion to over 6 Trillion in 2020
M2 supply went from 15.5 Trillion to over 19 Trillion in 2020
M3? Yeah, they stopped reporting that in 2006.. wonder why.
What does that mean in reality? Every dollar you had at the end of 2019 is now worth less - MUCH less. Should be pretty apparent shortly, when prices go up across the board especially all the garbage imported from chy-nah.
I was listening to the ceo of homes depot on Fox biz a while back and he almost let it slip that his biggest concern in the coming years was wages but then backtracked and said something else.
Reading between the lines you can see why fortune 500 aka the market would rally around a Biden admin. Depressed wages once again for America workers and less small business competition. Crony capitalism at its finest.
The Dow has shot up like 2,500 points since the election. The markets like Biden, it seems.
Congrats I guess? The monetary supply went up so much in 2020, profiteers need to park that money somewhere! They know the value of the dollar is going to shit with the printing presses running hot! Gold, BTC and yes, even Stocks. All of them surge because the supply of money exploded while your average joe looses his job, slides into poverty and gets a $600 check to stfu.
Just look at this shit:
M0 supply went from 3,4 Trillion to over 5 Trillion in 2020
M1 supply went from 4 Trillion to over 6 Trillion in 2020
M2 supply went from 15.5 Trillion to over 19 Trillion in 2020
M3? Yeah, they stopped reporting that in 2006.. wonder why.
What does that mean in reality? Every dollar you had at the end of 2019 is now worth less - MUCH less. Should be pretty apparent shortly, when prices go up across the board especially all the garbage imported from chy-nah.
if the feds and the treasury consolidate into one, imma loose my shit.
Bingo. This is a cherry on top of a soon-to-crumble shit mountain.
I was listening to the ceo of homes depot on Fox biz a while back and he almost let it slip that his biggest concern in the coming years was wages but then backtracked and said something else.
Reading between the lines you can see why fortune 500 aka the market would rally around a Biden admin. Depressed wages once again for America workers and less small business competition. Crony capitalism at its finest.