Along with $20 bread and milk...
The FED is buying stocks!!! To prop up the stock market! At some point we will stop buying and the stock market will dive!!!
I heard the other day (Rush, I think), that the Treasury or the Fed, or both (maybe the Treasury printing unbacked $ for the Fed) is buying about $80+ billion per month of stock.
Worthless toilet paper buying stock - somewhere, sometime the dust has to settle and somebody gots to realize that money ain’t worth what it was. I wish I had a bunch of stock in the market at its high now - I’d sell all of it.
Yup. Inflation.