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Market making new highs - Trump economy on fire
invite response
2019 Nov 19, 11:11am 536 views 7 comments
Comments 1 - 7 of 7 Search these comments
2
clambo
2019 Nov 19, 6:52pm
Anyone who has an IRA, 401k, or just investment accounts is not going to vote against Trump; those who don't have no money and they're the natural Democrat voters.
Sometimes my mind is blown when I track my net worth over the months recently; it's almost surreal.
When Trump wins again in November 2020, I'm going to drown myself in Pol Roger and Bollinger Champagne.
Sometimes my mind is blown when I track my net worth over the months recently; it's almost surreal.
When Trump wins again in November 2020, I'm going to drown myself in Pol Roger and Bollinger Champagne.
3
NuttBoxer
2019 Nov 20, 8:21am
NuttBoxer
2019 Nov 20, 8:21am
Inflation != economic success
Would think people alive for 2003-2008 would remember this...
Would think people alive for 2003-2008 would remember this...
4
komputodo
2019 Nov 20, 8:31am
komputodo
2019 Nov 20, 8:31am
Its really obamas economic policies just starting to kick in....You see, obama planted the seeds and got the green shoots going..now they have taken root and blossomed...nothing to do with TRUMP....timmy told me and marcus verified in our meeting.
5
Shaman
2019 Nov 20, 9:27am
Shaman
2019 Nov 20, 9:27am
NuttBoxer says
Inflation sure does help homeowners though! Anyone alive for 1975-1985 should know that. 400% inflation might suck for savers, but it sure helps debtors whose house price went from 40k to $160k in about eight years with a commensurate rise in wages.
Inflation != economic success
Would think people alive for 2003-2008 would remember this...
Inflation sure does help homeowners though! Anyone alive for 1975-1985 should know that. 400% inflation might suck for savers, but it sure helps debtors whose house price went from 40k to $160k in about eight years with a commensurate rise in wages.
6
NuttBoxer
2019 Nov 20, 9:39am
NuttBoxer
2019 Nov 20, 9:39am
Shaman says
I'd replace homeowners with the more general debtors, and agreed... Until the chickens come home to roost and debtors are relieved of assets they never owned.
Also, you forget to mention that inflation is directly correlated with a decrease in purchasing power. Just because we print truckloads of money, making it less valuable, doesn't mean we can't suddenly increase food production, or any production of everyday products people need, at the same rate. So well you enjoy your bubble valuation, you grocery bill just jumped another $100 an outing..
Inflation sure does help homeowners though!
I'd replace homeowners with the more general debtors, and agreed... Until the chickens come home to roost and debtors are relieved of assets they never owned.
Also, you forget to mention that inflation is directly correlated with a decrease in purchasing power. Just because we print truckloads of money, making it less valuable, doesn't mean we can't suddenly increase food production, or any production of everyday products people need, at the same rate. So well you enjoy your bubble valuation, you grocery bill just jumped another $100 an outing..
7
mell
2019 Nov 20, 11:06am
NuttBoxer says
yea but record low UE is a sign of a strong economy so are wage gains across the classes esp. in the lower ones. House prices mostly rise due to the underlying land value pressured by illegal and legal immigration. Inflation in globalized goods and services will likely stay low as there is no scarcity, localized services and good are the ones rising fastest. Not a fan of ZIRP but it's hear to stay, even more so in Europe. It's the new normal to throw money at people at ridiculously low rates to invest.
Inflation != economic success
Would think people alive for 2003-2008 would remember this...
yea but record low UE is a sign of a strong economy so are wage gains across the classes esp. in the lower ones. House prices mostly rise due to the underlying land value pressured by illegal and legal immigration. Inflation in globalized goods and services will likely stay low as there is no scarcity, localized services and good are the ones rising fastest. Not a fan of ZIRP but it's hear to stay, even more so in Europe. It's the new normal to throw money at people at ridiculously low rates to invest.
#MAGA