Everything is inflating except my portfolio

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vrporn=pmf

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Yesterday 32 Comments

This economy is f*cked. Everything is inflating except my portfolio

It feels like a concerted effort to bankrupt everyday Americans by squeezing our finances at both ends — the items we’re purchasing are getting more expensive and investments are at rock bottom. A dollar in 2012 gets you about $0.45 of goods today.

Where did all the money go that was flooded into the market? I’ll tell you, into the hands of hedge funds and billionaires. It’s now probably making its way to offshore bank accounts.

Whoever hasn’t seen this clip of George Carlin should watch:
https://youtu.be/cKUaqFzZLxU

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TOP 32 Comments
  • Lmao. This has been happening since forever. Money always flows from the working class -> business class. But, you can’t ever bring it up in this country unless you want to be labelled a “communist.” 😂 They let you play culture wars so you stay away from class wars.
    Yesterday 4
    • Wealthy in the US control have grown beyond pointless censorship of speech. 😂 They just muddy the narrative and make everything so emotionally charged that people no longer care about facts. Economy going down -> “Hey, but those effing immigrants are pouring in stealing your jobs”, CEOs making unprecedented bonuses while warehouse workers starve -> “Hey, but what about bathrooms and transgender people.” Climate getting destroyed -> “Kim Kardashian has her ass out” “You won’t believe what X comedian said about Apple pie” and so on. No wonder why every Billionaire wants to own a piece of media. 😂
      Yesterday
    • Flagged by the community.

  • Amazon
    fishdikk

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    fishdikk
    They're robbing us in broad daylight..

    And then distract sheep with "crime" on the streets 🙄
    Yesterday 0
  • Amazon
    YRId51

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    YRId51
    Wait until student loans are forgiven and that injects hundreds of billions of $$ into the US market. Inflation shoots up
    Yesterday 2
    • Datadog
      babadrame

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      babadrame
      I used to say no way we’ll ever pass such a cash grab as student loan cancellation legislation. But not so sure anymore.

      It’ll be followed by other millennial fever dream wishlist items like free SFHs for everyone in upscale neighborhoods etc
      Yesterday
    • Amazon
      YRId51

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      YRId51
      It’s not even through legislation. Then, at least we’d have a debate. It’ll be enacted through executive order
      Yesterday
  • Google
    IAmRemote

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    IAmRemote
    This is what it must feel like to live in a country with shitty prospects / economy / inflation.

    It’s only been a few months like this and people here are losing their minds. Imagine this being the reality of your life.
    Yesterday 1
    • Amazon
      fishdikk

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      fishdikk
      Inflation is one thing if it affects everyone, including the wealthy. It's been more of a wealth transfer to the wealthy. That's the real concern.

      I'm from a country with very high inflation that had to kick out multiple 0s from the currency.
      Yesterday
  • Fk Joe Biden
    Yesterday 0