Major U.S. stock indexes on track to close out one of their best years on record.

[Jarod]

Only those who make $160k a year have profited since the 2008 economic collapse. The rest of us were forced to downsize.

If you save some and put it in the stock market you would’ve profited.

 

[Jack]

We have less than 3 years to see what happens.

Yes. It will fluctuate.

 

[Jack]

No one gains by higher prices.

Inflation means prices are going up, for the government as well as for anyone else.

Higher Prices = Greater Profits.
(as the money continues to flow in)

 

[Althea]

Why are you trashing success for the people?

Name these successes please.

And I'm not talking about people like myself who are enjoying their dividends.

I'm talking about the homeless and starving.

 

[goat]

Yes. It will fluctuate.

More like flatulate. The fed can no longer afford to keep the zombie bubble going.

 

[Jarod]

More like flatulate. The fed can no longer afford to keep the zombie bubble going.

Yes, pull all your money out NOW!

 

[Jack]

More like flatulate. The fed can no longer afford to keep the zombie bubble going.

--->"In one famous incident, when asked by a passerby what the stock market was going to do next, Morgan responded simply: "It will fluctuate." Unfortunately, Morgan probably never quite said that — according to Barry Popik's research, the earliest appearance of the quote dates back to 1934, decades after the man's death.Oct 17, 2016

What You Can Learn From J.P. Morgan - Business Insider"

 

[Celticguy]

https://www.google.com/amp/s/mediabiasfactcheck.com/dnyuz/?amp=1




QUESTIONABLE SOURCE

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a blind squirrel could see this nut.

there is zero question that the fed does this with the inflation Pedo JOe has given us.

 

[Althea]

https://www.google.com/amp/s/www.ws...hat-to-know-about-latest-proposal-11635432820


Stock buyback taxes proposed by Biden


What do you say?

What exactly does that have to do with this discussion?

 

[Althea]

I sure do, close this loophole

and I support raising the capitol gains tax to at least 20%

This isn't a loophole per se. It happens every day.

In this case, corporations are getting cash from the Fed that they don't need, and doing nothing to create jobs or reduce prices. They're driving up share prices and then taking profits by dumping inflated stock.

That's why the market is breaking records. It has been propped up by the Fed for no reason at all.

 

[Althea]

a blind squirrel could see this nut.

there is zero question that the fed does this with the inflation Pedo JOe has given us.

Tell us exactly what Biden did to create inflation.

Contrast that with trump's supply chain nightmare that brought higher prices when he imposed tariffs on all of our former trade partners.

And tell us why trump cut oil production in an election year.

 

[Old Trapper]

If you save some and put it in the stock market you would’ve profited.

Save some of what? With the cheap wages your masters are paying there is nothing left to save. And definitely nothing left to invest. Ever looked at the food lines? Hell, even the military families are in line.

But hey, as long as the wealthy get wealthier the right wing will continue to honor their gawds, and to hell with everyone else. That is the "new christian" way.

 

[Old Trapper]

a blind squirrel could see this nut.

there is zero question that the fed does this with the inflation Pedo JOe has given us.

Unfortunately your masters are still in control of the market:

"Faiz Shakir/November 22, 2021
The Real Inflation Problem Is Corporate Profiteering

Don’t be hoodwinked. It isn’t Joe Biden who’s making record profits and gouging U.S. consumers. That would be corporate America.

The prices of everyday goods are going up, and everyone from members of Congress to talking heads on cable news have their own diagnoses as to why it’s happening. But they’re all missing the biggest piece of the puzzle about what is to blame—namely, corporate profiteering.

You’ve heard a dizzying array of explanations about inflation. Biden administration officials have said the Covid pandemic resulted in supply chain disruptions, which are now being ironed out. Republicans are blaming Biden’s policies for putting too much money into the hands of working families. Corporate leaders are blaming it on an inability to hire workers and a workforce that wants better pay and working conditions. Economists say that while inflation is indeed occurring, the expectation of inflation is truly what’s altering consumer attitudes and behavior.

What all these arguments miss is that, despite whatever rising costs exist for raw materials or transportation or other underlying factors, the incontestable truth is profits are way up for the largest corporations in America."

newrepublic.com/article/164505/inflation-corporate-profiteering-biden-consumers

 

[Into the Night]

Higher Prices = Greater Profits.
(as the money continues to flow in)

Nope. Higher prices are accompanied by higher costs or lowered sales.
Apparently you don't know what 'profit' means.

 

[Into the Night]

Tell us exactly what Biden did to create inflation.

Printed $7 trillion with no corresponding increase in wealth.

Contrast that with trump's supply chain nightmare that brought higher prices when he imposed tariffs on all of our former trade partners.

What supply chain nightmare? The supply chain problems didn't start until Biden.

And tell us why trump cut oil production in an election year.

He didn't.

 

[Into the Night]

Save some of what? With the cheap wages your masters are paying there is nothing left to save. And definitely nothing left to invest. Ever looked at the food lines? Hell, even the military families are in line.

But hey, as long as the wealthy get wealthier the right wing will continue to honor their gawds, and to hell with everyone else. That is the "new christian" way.

The myth of the zero sum game. Doesn't exist, dude.

 

[Celticguy]

Tell us exactly what Biden did to create inflation.

Contrast that with trump's supply chain nightmare that brought higher prices when he imposed tariffs on all of our former trade partners.

And tell us why trump cut oil production in an election year.

if you believe that nonsense you will never understand

 

[Althea]

if you believe that nonsense you will never understand

We agree. Biden has nothing to do with trump's inflation.

 

[Jarod]

Save some of what? With the cheap wages your masters are paying there is nothing left to save. And definitely nothing left to invest. Ever looked at the food lines? Hell, even the military families are in line.

But hey, as long as the wealthy get wealthier the right wing will continue to honor their gawds, and to hell with everyone else. That is the "new christian" way.

I’m with you in that it needs to change, I just don’t see how it will. VP Harris has some great ideas, but she will never get elected.

 

[ExpressLane]

What action caused the inflation idiot?

Increasing the price of energy had inflationary effect on every thing that is grown manufactured or shipped...everything basically. Been to a grocery store lately idiot?. Canceling pipelines stopping fracking stopping new leases on federal lands all negatively effected energy production reducing production increases energy prices. Also printing too much money dilutes everyone's dollar. Raising the minimum wage also inflates many things by increasing business costs. Other than those thing Joe is doing great.