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Politics : Formerly About Advanced Micro Devices
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To: Mongo2116 who wrote (939366)6/12/2016 9:46:19 PM
From: RetiredNow1 Recommendation

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Bonefish

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You have no idea what you are talking about. When the monetarists at the Fed flood the markets with zero interest loans and print money, that puts massive upward pressure on all asset prices including real estate and the stock market. That is what you are seeing. However, asset price inflation is not the same thing as a healthy economy. Asset price inflation is GREAT for the asset holders like me, the 1% and richer. However, it is TERRIBLE for the 99%, who get priced out of homes, have to pay higher rent when they can't afford to buy, and find out all manner of goods cost more, even as their wages stagnate.
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