>>60834949 >inflation is rampant
I've lived through years of 13%-15% annual inflation - and those were the official numbers that had been cooked to hell and back to make things look good. This is fucking nothing. >unemployment is high
Not really. It's been a lot higher in the past, e.g. 1980-'82, 2008-'09, 2020-'21. Also skill issue, git gud faggot &c.
>>60834721 (OP)
Inflation? Lots of excess cash is keeping the market afloat because it has nowhere else to go. It will crash when it becomes obvious to everyone that it's just one giant bubble economy.
>>60835048
What you are talking about is a one time price increase from the covid stimulus checks. The rate of inflation that we have now is not the same rate had back then, it stabilized back to normal. It’s been back to normal for over a year.
Unique once in a lifetime inflationary events like that don’t really even hurt stocks in the long term. It only hurts a little afterward when the federal reserve tries to strengthen the dollar to combat it.(see 2022). Stocks are an inflation hedge.
>>60834721 (OP)
the funniest thing about integrity dao is how people outside think it’s a gimmick
i’m fine riding this train as long as it keeps printing
