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Economy

sanatanadharma

(4,074 posts)

14. Inflation is bad we are told...

Reply to rampartc (Original post)

Sun Oct 7, 2018, 04:59 PM

Oct 2018

...too much money chasing too few goods, rising prices, inflation, is bad we are are told.

However, in the stock market, rising prices are lauded. More money chasing fewer goods and doing no actual productive work, after the initial offering.

Just rich people encouraging lesser rich people to buy and sell ownership of the hammer used by labor to create actual value.

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how much of the stock market is a ponzi scheme? [View all] rampartc Oct 2018 OP

The whole damn thing. democratisphere Oct 2018 #1

i don't trust wall st with my money. rampartc Oct 2018 #3

2008 was only a hint of what is now and what is to come. democratisphere Oct 2018 #11

Essentially all of it. shanny Oct 2018 #2

i think the bank robber was willie keeler rampartc Oct 2018 #5

bank robber sounds right--I couldn't remember the name shanny Oct 2018 #10

All of it. Only fools, like all Republican politicians : ) think that Autumn Oct 2018 #4

the 1929 crash is the reason social security exists rampartc Oct 2018 #6

Yes it was. I laugh when TV idiot heads are so excited the stock market is Autumn Oct 2018 #7

don't get me wrong, i own stock rampartc Oct 2018 #8

So do I, lost about half my 401K in 08. To depend on either of those would Autumn Oct 2018 #9

Doing "well" one day and "going to hell" the next. democratisphere Oct 2018 #12

It's not perfect, but not nearly as bad as others are suggesting unblock Oct 2018 #13

Inflation is bad we are told... sanatanadharma Oct 2018 #14

Yup, Farmer-Rick Oct 2018 #16

its all a CASINO. 401k's are bullshit. it was a wall street protection scheme. pansypoo53219 Oct 2018 #15