Re:Show HN: M1 Chart – The stock market adjusted for the US-...
by tylerhou on Monday February 15, 2021 @03:52AM
(#26140604)
How are stonks going up causing people to suffer? (Besides distributional issues.) People can still buy food and water, which is the primary objective.
Also, the Fed can't change asset prices without slowing growth. Is that desirable?
> dollar has dropped 10% against a basket of the largest foreign currencies.
No reasoning from a price change. Another explanation for the drop in the dollars value is decreased demand. And since CPI is still stable, more likely IMO that it's a decrease in demand.
Also, the Fed can't change asset prices without slowing growth. Is that desirable?
> dollar has dropped 10% against a basket of the largest foreign currencies.
No reasoning from a price change. Another explanation for the drop in the dollars value is decreased demand. And since CPI is still stable, more likely IMO that it's a decrease in demand.