DOW Hitting 88 Year Resistance

349
It can correct through time or price. One thing is clear #MMT endless deficits only benefit Asset Prices
While doing little to create economic growth.

Real GDP 2008 $15.7 Trillion Public Debt 10T
Real GDP 2021 $18.7 Trillion Public Debt 28T

We have gotten $3 trillion of GDP for $18 trillion of Public debt or $0.16 cents of GDP growth for every
new dollar created out of thin air by Gov't. While the DOW is up 138%, NDX up over 450% from 2007 highs.

We are getting less and less GDP growth while politicians talk about free money for all as a new norm when
it clearly doesn't work.

fred.stlouisfed.org/series/GDPC1

Stability Is Destabilizing ~ Minsky
How does this end?

Declinazione di responsabilità

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