I've been enjoying taking advantage of the opportunities to enlarge some stock positions I hold (and lower the average spend significantly). I spent a good decade wishing for another buying opportunity like 2009, and here we have one.
All efforts at social economics fail (Sorry Mom and Dad, but it was WWII, not FDR, that ended the great depression). Fraud is rampant. See today's news stories on that subject. Pumping unearned money into the economy always leads to inflation. Poor policies start the economic woes that only get worse with attempted cures by the feds. Relief should be at the subsistence level - not the maintenance or improvement level.
No problem. It's a matter of where the unearned money is sent and how much. Use it to buy votes and finance political objectives or political cronies (Solyndra for example), it is a guaranteed failure.
I've been enjoying taking advantage of the opportunities to enlarge some stock positions I hold (and lower the average spend significantly). I spent a good decade wishing for another buying opportunity like 2009, and here we have one.
Poor economic policy is good for younger people who pay attention. They can expect to see it corrected at some point.
All efforts at social economics fail (Sorry Mom and Dad, but it was WWII, not FDR, that ended the great depression). Fraud is rampant. See today's news stories on that subject. Pumping unearned money into the economy always leads to inflation. Poor policies start the economic woes that only get worse with attempted cures by the feds. Relief should be at the subsistence level - not the maintenance or improvement level.
"Pumping unearned money into the economy always leads to inflation."
The problem with that statement is that we've been doing it for the past two decades and we are only getting inflation now that we had a pandemic too.
No problem. It's a matter of where the unearned money is sent and how much. Use it to buy votes and finance political objectives or political cronies (Solyndra for example), it is a guaranteed failure.