News for hackers. Stuff that matters.
Re:Day trader army loses all the money it made in meme-stock... by prepend on Monday May 09, 2022 @06:19PM (#31320587)
It certainly stimulated GameStop stock.

I think the criticism is that the stimulus worked too well and we’re suffering inflation and whatnot now.

Re:Day trader army loses all the money it made in meme-stock... by adra on Monday May 09, 2022 @06:39PM (#31320795)
Inflation is hitting most countries aggressively now. The US may actually be on the conservative end of inflation which may have been buffered using government subsidies/influence, but the net takeaway is the rapid expansion in the world can't be explained by simply looking at the US's free-money-keep-buying scheme.
Re:Day trader army loses all the money it made in meme-stock... by mr_toad on Monday May 09, 2022 @09:01PM (#31322047)
Most countries adopted the same loose fiscal and monetary responses, with the same predictable results.
Re:Day trader army loses all the money it made in meme-stock... by spekcular on Monday May 09, 2022 @07:26PM (#31321231)
Re:Day trader army loses all the money it made in meme-stock... by fomine3 on Monday May 09, 2022 @09:54PM (#31322457)
The graph shows until this Feb. JPY has been plunged about 13% recently, and even without it import energy/food/everything price is increasing for obvious reason. Let's see whether salary catch up (I doubt).