You are viewing a single comment's thread from:
RE: How much Inflation is there Really? [100% SP]
"...and the stock market is supposed to be equal to the whole economy. Nothing can be farther from the truth...."..!!
This is something I have been banging on about for years but most people think I am crazy. They have been brainwashed into thinking that The Stock Market is The Economy. IT ISN'T..!! Brilliant post. Shared on twitter. Stephen
https://twitter.com/StephenPKendal/status/795554724388962304
Thanks, yes the keynesian theory is pretty irrational. The funny thing is that the fake stock market pumping is not even good for the stock market, not to say what it does for the rest of the economy. A stock investor only earns as much as he can earn after inflation, so an inflation adjusted stock return is what counts, but I guess those people can't understand that simple fact.
I could not agree more. Keep the posts coming. Stephen
Disclaimer: I am just a bot trying to be helpful.