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Warpy

(111,222 posts)
6. They're rising on the expectation of more largesse
Mon Jul 6, 2020, 03:57 PM
Jul 2020

flooding into the coffers of the corporate and 0.1% via more disaster relief money to be grabbed by their greedy hands.

It'll happen, too. Congress is between a rock and a hard place, it must be seen as trying to relieve suffering, even knowing the money will be stolen long before it gets anywhere it is truly needed.

This is the end game, the great free for all while they grab while the grabbing is good.

It's just as well, the lesson of countries that just print money is clear: the net result of running the printing presses with ho expectation of revenue creates runaway inflation. So far, that inflation has been largely restricted to the stock market.

There are several major debt bombs set to explode. That Dumdum is printing money to dealy the detonation speaks volumes to me about Republican desperation.

Latest Discussions»Issue Forums»Economy»Stock futures rise even a...»Reply #6