News for hackers. Stuff that matters.

A comment on Pandemic Villains: Robinhood. Parent comment

Re:Pandemic Villains: Robinhood by jessaustin on Thursday December 10, 2020 @08:14PM (#25381121)
No worries, but I remain unconvinced. There are nations that have seen high inflation, and that hasn't been so good for their stock markets.
[ Parent | on HN ]
Re:Pandemic Villains: Robinhood by lkjaero on Tuesday December 15, 2020 @02:58AM (#25428053)
Low inflation and high inflation are entirely different things, especially if you mean hyperinflation. During high inflation, monetary transactions break down because nobody wants to hold cash. Why would you sell things today if you would be better off selling tomorrow? Business breaks down, and that's reflected in the stock market.
[ Parent | on HN ]