...wait until you see your retirement accounts when the market is tanking. Government and the FRB can stretch the laws of economics for a period of time, but the longer they do, the more severe the results when those laws reassert themselves. Hyperinflation + tanking stocks are going to hammer many many people's investments. Many buying opportunities are headed our way, stay frosty.
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Inflation is up, and so are corporate profits....odd.
Hmm, it's almost as if they're taking advantage of the pandemic.
The dozen or so wealthiest people in the world double their money over the last year or two.
What does that say?
I suppose we can blame Biden, but these things started two years ago.
And the other guy was POTUS back then, so....
Remember when you couldn't find any TP? People started hoarding things and that caused prices to rise because gauging is profitable.
Some folks have very short memories and may not be getting their information from the best sources.
Did OP get lost on the way to an investing forum?
The only clown here is the one that politicizes literally everything in the world. If you are pro-high inflation, just say so. Own that stupidity and stop deflecting and projecting like someone that has no substantive arguement whatsoever. It's safe to say that the vast majority don't like inflation that outpaces their increases in income. Don't like it? Get over it. You're not convincing anyone that losing buying power every year is a good thing.
'ohhh, mmmm, geeeeeee, like, you only dislike getting paralyzed in a car wreck because you're SOOOO political! Your dislike of accidental amputation just has no merit because I say so and you must believe in a political ideology of some kind. I'm so smart and things!'
Please tell me you don't do anything important for this company.
You clowns are so transparent lol It's wild how do you think you're fooling anybody, making these id--tic daily fox news talking point posts and then acting like you're suddenly above politics when someone points it out.
You assume much. Enjoy those food vs meds decisions in your retirement. In the meantime, enjoy raises that are smaller than cost of living increases. It's funny that you think that only people on one side of the aisle care about this. Do you honestly think that people from ANY political group actually likes slowly losing ground in their finances?
You get a few thousand $ a year in raises, then inflation takes away double that in purchasing power. Then some tool on an anonymous forum tells you that 'you only don't like it because you're (insert whatever political group here)'. Yeah, ok, THAT'S what it is. There's some truly special people here.
@inm+1eXO9aUd you must know then that your guy and party are causing it.
Silly rabbit, the market never goes down.
So inflation is a global supply and demand issue which the Fed will reign in when they start tapering. If you don't hedge your retirement investments against it, yep ... you'll be in trouble. Not much the politicians can do about it (not that I'd trust them to either way). Oh well.
Sure buddy, your paranoia about the government interfering in your precious economy has nothing to do with politics 😉 But good luck, I’m sure the free hand of the market is going to help you out.
lol, not liking inflation has nothing to do with politics. But, by all means, when you're retired and your nest egg goes from living great to not being able to afford groceries, come back to tell us how awesome it is.
You don't have to be a libertarian lunatic to post here, but it helps.
Got 20 years left until I need that money. No need to change anything, yet.