Still, the other side of the #moat … a Fed-funded Wall Street could care less about Main Street labor force! $10 TRILLION in stimulus in 2 YEARS! TWO!
Fed s Kaplan: “I worry that bond buying has some distorting impact on price discovery, that they encourage excessive risk taking, & excessive risk taking can create excesses & imbalances that can be difficult to deal with in the future.” pic.twitter.com/hnbky2g2Qx
On a fully diluted (accurate) basis, $TSLA, which has 1% share of global autos, is run by a CEO who can t deny having committed securities fraud & has never generated + cash flow, is valued higher than GDP of all but 15 countries