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Trump dealgoing forward....
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69Cat
Posted 6/1/2024 07:58 (#10758986 - in reply to #10758767)
Subject: RE: Trump dealgoing forward....


I agree. I came to the conclusion the worse the economy gets, the better the stock market will do and we have obviously seen that response in the last couple years. It's nothing to do with corporate earnings, reports, or other such things that used to actually represent a company (or group of companies that makes the stock market) and it is basically all to do with the fiat currency. When a country keeps printing infinite wealth to give to itself then that currency looses value and so all things measured in that currency will go up. The stock markets are valued in US dollar. So the worse the economy gets, the more US dollars will be printed into existence and so stock market goes up to respond to the ever increasing devaluation.

Each time bad economic data is released the stock market surges higher. This actually is not how a capitalist system works. But it is how our centrally planned and controlled system does work. The higher stock market is response to expectations of the money printers flooding the world with more currency.

An entity can print its way to wealth until other entities call BS. If no one calls BS then the circus continues. And that is what we are seeing playing out in the world. Other countries are calling BS on the US printing infinite wealth and moving away from $US.

The central planning scheme remains unchanged no matter who is in government. It's a matter of understanding who is really in control.
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