If you make a comment like this, but don't explain why it is up 207%, in my opinion you are lying by omission.
author
el gato malo
Nov 9, 2023
Author
up, yeah. the SPX was about 1400. it's currently 4300, so up 207% since then.
meanwhile, the alleged SS trust fund (an imaginary accounting entity) earns negative nominal returns.
you sure you've got your math right?
Perhaps he should explain what price the market would be if no bailouts had happened in 2008 and again in 2020. 15 years of 0% rates and QE. Does that seem fair to you?
If you make a comment like this, but don't explain why it is up 207%, in my opinion you are lying by omission.
author
el gato malo
Nov 9, 2023
Author
up, yeah. the SPX was about 1400. it's currently 4300, so up 207% since then.
meanwhile, the alleged SS trust fund (an imaginary accounting entity) earns negative nominal returns.
you sure you've got your math right?
Perhaps he should explain what price the market would be if no bailouts had happened in 2008 and again in 2020. 15 years of 0% rates and QE. Does that seem fair to you?