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Economy

Claustrum

(5,058 posts)

1. Well, that's expected when you keep printing money to pop up the stock market

Reply to left-of-center2012 (Original post)

Fri Jul 31, 2020, 12:03 PM

Jul 2020

Yes, they delayed the stock market crash and the rich is getting richer right now. But we, the normal American, will be paying the price for years to come, both with the debt and the inflation and devaluing of the American dollars.

There is no economic reason for the stock market to be at where it is right now.

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U.S. Dollar Suffers Its Worst Month in a Decade [View all] left-of-center2012 Jul 2020 OP

Well, that's expected when you keep printing money to pop up the stock market Claustrum Jul 2020 #1

Well, it won't be for long Warpy Jul 2020 #2

Trump and the GOP needed the stock market to at least say they are good for the "economy" Claustrum Jul 2020 #3

That is fine with me, but a lot of people will be furious Warpy Jul 2020 #5

Q1 SP500 Earnings per share: 2017: 27.46, 2018: 33.02, 2019: 35.02, 2020: 11.88 😲 👀 progree Jul 2020 #4

Yep. Been watching it every month. Warpy Jul 2020 #6

This is a good thing. OrwellwasRight Aug 2020 #7