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re: Dow futures drop 800 pts

Posted on 11/26/21 at 8:45 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263358 posts
Posted on 11/26/21 at 8:45 am to

quote:

Your alarmism only works on those who are ignorant.


Anyone with a basic understanding of economics would be worried right now.

Most of us are losing purchasing power.
Posted by Bass Tiger
Member since Oct 2014
46710 posts
Posted on 11/26/21 at 8:50 am to
quote:

quote: Your alarmism only works on those who are ignorant. Anyone with a basic understanding of economics would be worried right now. Most of us are losing purchasing power.


This^^^^. The financial/investment gurus understand real inflation YOY is north of 15%.....Middle class Americans are getting crushed ......at some point Wall Street investment dollars (401Ks, IRAs, etc.) will be drastically reduced as average Americans need their money for daily/monthly expenses due to inflation.
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