Re:High Inflation May Already Be Behind Us
by coverband on Tuesday June 28, 2022 @01:07PM
(#31910301)
They've literally done that though -- look at all the on-paper profits that have disappeared from the crypto, stock, real estate markets... Look also at the fact that you've already started paying more $ for the same essential products and don't expect them to go below today's levels...
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Re:High Inflation May Already Be Behind Us
by midislack on Tuesday June 28, 2022 @06:08PM
(#31913718)
That money's not gone, it's simply moved from suckers and rubes upwards.
Re:High Inflation May Already Be Behind Us
by s1artibartfast on Wednesday June 29, 2022 @12:31PM
(#31922422)
That's not how unrealized profits work. If your stock was up 10x and now down to 1x, nobody made money from you