Explain the recent stock market hammering to me like a child.
#AskNostr
Discussion
Sometimes they go up.
Sometimes they go down.
🤷
Japan leant me unlimited free money to buy whatever I wanted. Now they tell me the money isn't free anymore, so I have to sell things to pay them back.
this is good
When a private banking cartel and a moving interest rate target love each other very much, they make a special baby called fiscal monetary policy.
Unemployment goes up
Economy expected to slow down
As such, the rich sell assets now with a plan to buy them back at a later date.