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Politics : Formerly About Advanced Micro Devices
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To: Rarebird who wrote (1302793)6/4/2021 4:06:52 PM
From: Tenchusatsu1 Recommendation

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Maple MAGA

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Rarebird,
The strength of the stock market over the past year is primarily due to government spending, stimulus checks and QE.
Wrong. The stock market is forward-looking. The market knew that the pandemic, as bad as it was, was temporary and wasn't going to decimate capitalism as we knew it.

Government spending, stimulus checks, and QE are accomplishing little in terms of relief, but they are doing one hell of a job convincing people not to go back to work.

We're seeing a spike in inflation right now. That's undeniable. The only question is whether the spike is temporary, or whether we will be returning to the Carter era of double-digit inflation.

Tenchusatsu
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