this post was submitted on 26 Aug 2024
1 points (100.0% liked)

World News

2294 readers
7 users here now

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 2 months ago

I agree the stock market is a big influence of the economy. Stocks are massively overvalued. There's not enough available cash in existence if there's big sell off on a major stock like Intel. Hence the need to print money. If the Fed didn't intervene, that illusion of stocks actually having cash value would vaporise.