Biden blaming shrinkflation on greed ...lol ... greed has done much damage in our country but it's not the cause of shrink flation .
Another stock market record
- Thread starter sammyk
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Biden blaming shrinkflation on greed ...lol ... greed has done much damage in our country but it's not the cause of shrink flation .
@sammyk didn't bother to post on here yesterday's huge sell off in stocks due to the latest inflation numbers. It goes back to what I posted to him earlier ITT, inflation distorts the seemingly impressive stock numbers because investors do not realize all the gains the see on paper, and corporate earnings ultimately squeeze profits which are eaten away by ever increasing costs of doing business.
Maybe one day he'll learn?
When he'll freezes over he will learn ...@sammyk didn't bother to post on here yesterday's huge sell off in stocks due to the latest inflation numbers. It goes back to what I posted to him earlier ITT, inflation distorts the seemingly impressive stock numbers because investors do not realize all the gains the see on paper, and corporate earnings ultimately squeeze profits which are eaten away by ever increasing costs of doing business.
Maybe one day he'll learn?
Socialists won't learn until they are starving...