Re:The Battle of GameStop
by imtringued on Tuesday January 26, 2021 @05:16PM
(#25921701)
This is true and not just true of the stock market. It's true of the economy as a whole. The stock market is just a manifestation of a specific part of the economy.
If inflation is low you can do the dumbest things imaginable and as long as you make your money back you can keep doing the dumb thing over and over again.
If there was decent inflation you would have to have at least some expectation of a future gain because inflation and by extension the increased interest rates would cause your net 0 investments to be a net loss.
If inflation is low you can do the dumbest things imaginable and as long as you make your money back you can keep doing the dumb thing over and over again.
If there was decent inflation you would have to have at least some expectation of a future gain because inflation and by extension the increased interest rates would cause your net 0 investments to be a net loss.