Quote:
Originally Posted by bypass
So if no one is paying high interest you will never get high interest on savings accounts. That is the main reason the stock market has been on the raise. The banks borrow money for practically nothing.
No one said a word when the previous administration was giving the rich a tax break so they could build more factories in another country. It is amazing how you can notice it now. I guess if you say it is to create jobs enough times they get the dummies to think it is for us.They let all the good jobs leave this country. USA is nothing more than a warehouse service center. I have been here when the USA was no one in manufacturing.
Inflation just didn't happen in the past 10 months it started when people couldn't go to work or they had a chance to get the virus and die. It is going on two years now.
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LOL - So you combine a boatload of misinformation in one post. I will give others some sage advice. Don't follow Bypass for investing advice if the above is an example of his knowledge (or lack thereof)
The market is not high because people can't get high interest on savings in a bank. That is laughable. Do you understand exactly what the Fed has done the past 18 months or so? Those actions led to the market going giddy over that time. And when the Fed starts to taper and stops printing money hand over fist, the market will react negatively
I see you are still spreading your lies about the Trump tax cuts. You have been exposed as being wrong about them a multitude of times - yet you still spread your misinformation (and always with zero facts to support it)
I hope you enjoy paying so much more for all those goods and services today thanks to Senile Biden's Inflation