10baggerbamm
BFSkinner
:
that's bidenomics... baby. and the only way to avoid the devaluing of your dollar is buying equities that's why people buy stocks because over time it outpaces the devalue of the dollar because that's the fed's mandate to devalue the dollar by 2% a year and that a shame they intentionally by design plan on devaluing your purchase power by 2% a year
73876651 : what impact it will have ?
BFSkinner : Inflation. Devalue of the dollar
10baggerbamm BFSkinner : in other words in plain English a weaker dollar is good for stocks
BFSkinner 10baggerbamm : Yea but I don’t want to pay $15 for a 24-pack of water
10baggerbamm BFSkinner : that's bidenomics... baby. and the only way to avoid the devaluing of your dollar is buying equities that's why people buy stocks because over time it outpaces the devalue of the dollar because that's the fed's mandate to devalue the dollar by 2% a year and that a shame they intentionally by design plan on devaluing your purchase power by 2% a year