Cash is literally treated as if it is radioactive waste. Buy ANYTHING you can at ANY price just so long as you get rid of any and all cash as quickly as humanly possible.
Asset based economy doesn’t help the poors. Average person that doesn’t have a multi-million $ stock/crypto portfolio can’t afford to eat. But Trump and his billionaire buddies can buy a new country daily with their risk asset windfalls. Golden Age of grift FTW.
Alternate headline: Fed to ignore inflation and financial stability and blow up a stock market bubble to appease Trump. Welcome to the Banana Republic of the USA.
Are we really still doing this? How many time does he have to TACO before we finally stop pretending he would ever allow the stock market to drop more than 3%?
