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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 804914"><p>Good news for the stock market this weekend. Terrible news for retirees and the middle and working classes. Fed Chairwoman Janet Yellen said inflation has been too low for far too long. Just let that sit in for a minute.</p><p></p><p>First of all, the notion inflation has been 'low' is ridiculous. Second, since when is inflation ever possibly too 'low'??? Who here by show of hands enjoys when things they buy get more expensive? Good lord these people are ****ing idiots. The good news for equity investors is they will continue to promote deficit spending and high inflation, which will continue to drive people to equities.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 804914"] Good news for the stock market this weekend. Terrible news for retirees and the middle and working classes. Fed Chairwoman Janet Yellen said inflation has been too low for far too long. Just let that sit in for a minute. First of all, the notion inflation has been 'low' is ridiculous. Second, since when is inflation ever possibly too 'low'??? Who here by show of hands enjoys when things they buy get more expensive? Good lord these people are ****ing idiots. The good news for equity investors is they will continue to promote deficit spending and high inflation, which will continue to drive people to equities. [/QUOTE]
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General Investing and Economics Discussion - No Politics
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