US stocks close at a record high as Omicron fears abate

[mashu2959]

Absolutely nothing mentioned about the monetary supply.  Not a single peep.    I guess all those economists who used to teach that inflation is "Too many dollars chasing too few goods" no longer exists..  Monetarism is closely associated with economist Milton Friedman, who argued, based on the quantity theory of money, that the government should keep the money supply fairly steady, expanding it slightly each year to allow for the natural growth of the economy.  Monetarists argue that if the Money Supply rises faster than the rate of growth of national income, then there will be inflation.   I guess when the 1970's inflation rate returns in 2020's, monetarism will be in favor again.

[Thedaarick28]

I am surprised at what a good report this is.

[Mr_L30]

We need Unions and Political change to solidify our rights as workers & people.

[jibijaba]

I once heard someone say that something that cant last forever will end

[Hammer_Tank]

Nice ! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Elizabeth Wesley.

[rht21]

"Today They Announced that OmniCron is a Respiratory Infection" - "Are You Breathing" ?

[Bumblebee687]

I don't think liberals understand how the economy works.

[joelkidd]

The more I watch these short s I get this notion there pushing a narrative to make people just do as they want. Instead we must think outside of the box as too avoid group think

[coreman]

Hatchet job lol

[jojjecool09]

Cryptocurrency.

[culottes]

That's right RISK that's the one, oceans of liquidity yer, who is this guy I want to follow  Yer Opportoonity man  No the market is going g to crash no one wants to be the last holding the bag. Crypto gona crash too.

[canner]

Nobody goes to their employer and ask for a raise based on inflation. These economists live in dreamland. Probably 50% of Americans dont even know what inflation is because they dont even know who is the VP of the country now.

[Higuyby]

$DBA

[MBattlefield]

35% of all US dollars in existence were printed last year. So of course, interest is the result.  How could it be transitory? Unless people start burning their own money, we can't go back to a world where there was less US dollars in circulation, making each dollar worth less.  Plus, did you know for every dollar we print, we buy with interest from the Federal Bank, which is just as Federal as Federal Express?  Why do we continue to allow this to occur? We need to remove this leech from the USA and get back to being in control of issuing our own money

[MogAika]

It takes the  24 seconds to bring the first completely wrong statement.   Valerie Wilson: Nobody likes Inflation.  Somebody who has material assets for example in brick and mortar and also huge financial liabilities like a mortgage can like inflation as it is going help him to pay back the money he owes.