Markets don't plunge over a long period of time without a reason. This year has been a terrible one for investors and since we're all investors one way or another, that's been bad for us all.
Markets don't plunge over a long period of time without a reason. This year has been a terrible one for investors and since we're all investors one way or another, that's been bad for us all.
Why are markets acting as though the U.S. is about to enter another recession? . Because inflation remains stubbornly high and that reflects badly on the people who caused that to happen.
Monetary debasement is a lot like addiction: easy money is pleasurable at the beginning. It causes investment values to rise; it fills the people's bank accounts, and it allows greater consumption of goods and services. But over time, it creates many problems, including inflation.