@derryb said:
Face it, the equity market is nothing more than a poker table for those with the money to play. Where would SP500 be without the infusion of massive amounts of dollars into the economy? No coincidence that the unprecedented money printing since 2008 drove most all stock indexes sky high.
It would be at the same level, more or less.
If you think MSFT's business model doesn't work under a different monetary regime.....
more money chasing the same number of shares
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
And let's not forget the affect 11million+ illegal immigrants have on the US job market and on the economy. Keep in mind that those jobs pay low because the people holding them will accept low pay. After all, that is why they get hired.
Can't wait till those 11 million job vacancies get filled by honest hard working 'Mericans at $20/hrs with benefits.
Not much left after taxes,partial health insurance cost,high rent, food. Okay I guess if one wishes to just survive or to be just an average, ordinary American.
Point here is that to replace those "illegals", companies will have to offer much higher wages and benefits. These higher costs would be passed to the consumer--YOU.
If you wanted lower prices, you ain't gonna get them.
Is gold $3000 too low?
The passing on of higher costs to the consumer would be contingent on what that consumer specifically consumes.
Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
Comments
more money chasing the same number of shares
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
The future is always written silently in the price action.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
We eat out from time to time. Always inquire with the server if this is their career. Some respond> @cohodk said:
The passing on of higher costs to the consumer would be contingent on what that consumer specifically consumes.