Point out that "to retard" is the opposite of "to advance" or "to make progress". Then point out that Rats would be better known as retards instead of progressives and that the word isn't bad used in that context. Who cares what they reply ... They'll known they're beaten.
Interesting. I am not sure I agree with the idea that money is being taken from the rich and givento the poor. The rich people will also benefit from the lower prices. And, the poor people are not suddenly owners of the assets "taken" from the rich.
Now, are rich people facing a potential 20 percent loss of value? Yes. But usually the rich know how to navigate this volatility so as to protect their wealth. My bet is that the non-rich who own 6 percent of stocks will have their asses handed to them.
I hope not. I'm one of those 6%ers. I'm so rich I can't even work a full time job lest the government takes away from my SS. ugh, the plight of trying to be "good" in America. I press on, though.
I think you'll be okay, as you are aware. My comment about the 6% was that there was a high likelihood that they are people who are not privy to the wealth-protection strategies that the very wealthy make use of. It's like it's a big secret club... and, I know I'm not in it. I wish you the best.
So true! And how many of them really understand the thousands of variables that affect their portfolio's value? They're just told, "The market goes up and down, but steadily upward, so don't panic."
When it's all said and done, most people invested as such are at the mercy of timing... will their portfolio be worth more or less when it is time for them to need it?
I literally moved 95% of all my retirement accounts out of the market and into low yield 5% non-loss funds. The people in my orbit who oversee/manage the retirement fund called me crazy. I have a feeling that in about 2-4 weeks, they'll be calling me asking if I can work there.
Planning to shift it all back to the market once it crashes out and nears the bottom. Poof! 2-3x'ed retirement fund.
That would be wonderful. Unfortunately, "gaming" the system can mean many things. There are illegal tactics, yes. But there are also legal strategies that are loopholes, or complex work arounds, etc. that the super rich are aware of and can take advantage of due to the leverage they have with their wealth.
According to Google's AI, 8.8% of Americans have a net worth greater than $1M. That correlates loosely to the 8% owning most of the stock, I suppose, but it's not a direct correlation without further evidence.
My personal opinion is that if you have a net worth of $1M or more, you're "rich", meaning that you can do things--eat a nice dinner when you want, have a home that is well-maintained, drive a car that is not at risk of breaking down, pay tuition for children, etc. This might sound like the middle class, but there are many rich people who do not buy the expensive stuff, too.
To me, the middle class (which is disappearing) are those who have less than a million in net worth and who have more opportunities than most, but are not yet at the point where they have the leverage to protect their wealth. Just my opinion, and I really have no basis for that. Just a personal perspective I use to guide my own decisions.
everyone that put some money into stonks because THE FED HAS DESTROYED THE DOLLAR.
everyone that put some money into stonks because INFLATION IS INSANE (and bonds pay shit).
everyone that put some money into stonks because banks savings accounts pay 0.1% interest with inflation (REAL inflation) way above 10%.
Yea, that will work. Thanks. Brilliant plan.
This is an inflation-deflation double whammy. First inflate prices, then crash prices. Everyone BUT the banksters lose. They did that before the fed. It was supposedly the reason for creating the fed.
The real problem is that we have con 'assets' everywhere. And banksters always win/loot.
Incidentally, REAL RICH PEOPLE do NOT have most of their assets in stonks.
Did I mention real estate? That's what real rich people have. And I don't mean your house you got with a 30 year slavery bondage. I mean 100s of houses and land around the world.
The dollar currency will still need to be addressed. The rich hedge against volatility with gold and other hard assets. If prices deflate and asset value comensurately deflate they still get their 10-20% return and their buying power is still the same relative to the rest of us.
I hope we get rid of the illegal, usurious Feral Reserve money. Instead, Trump still wants to bully other countries into giving it dominance. Somehow I don't think we can win unless we pull our own freight on a level playing field. We can do this, so lets play fair.
Eggs are getting cheaper because the large cull of November is about 20 weeks ago. That's how long it takes to get an egg laying hen. With production about to come online, if you're caught holding eggcess inventory it's going to plummet in value. Better to sell it now for a little less than sell it later for a lot less.
Also, the previous administration used PCR tests to search for bird flu, and then culled the entire flock if there was a positive result. Policy has now changed, meaning the production of eggs is going to skyrocket thanks to less premature kills. Stable, predictable supply chains are going to re-enable lower cost futures contracts and get buyers out of the spot market, which had to surge in price to meet demand. Most grocery stores and food producers contract out their egg purchases. The ones that don't (like Aldi) see the most sticker shock when supplies are scarce.
I only own stock bc I just inherited in Jan. from my sister with no heirs who died last Fall. For now I just watch it go up and down. I have a meeting with a financial advisor tomorrow to decide what to do with it. I know they will take a fee out of it if I decide to transfer it.
The last time I inherited stock from my parents after they died when Obama got into office I took it out and converted it to physical gold and junk silver. So I’m all set there
BC of my age I have to take out my first distribution from my IRA this year. So I will probably put it into a treasury bond like I did with the money I inherited from the sale of my sister’s home. I’m really at the age now where I don’t want to play around in the stock market. I prefer something safer since I may have to live on the money I take out now that I’m on social security.
I was buying into the whole 4chan meme until it got to "this is also why eggs are cheaper." Thanks for spelling this out. If the 4chan shitposter doesn't understand this basic economics they are wrong about everything else.
I don't know who Anonymous is in that screenshot, but they don't understand inflation. If fed lowers interest rates it causes interest rates to go up.
The fact is, inflation is the dilution effect of currency being manufactured (increased supply) + increase spending to make that new currency flow around teh economy (this is why inflation isn't instant every time the fed prints a trillion dollars - it takes a year or more).
Inflation can only be fought using 2 tools: Raising interest rates (which slows down spending - the "flow of money" part) or destroying currency and reducing the amount of actual supply (they never do this)
Egg prices aren't inflation. Biden's FDA manufactured a "bird flu" excuse to slaughter chickens and dispose of eggs. Supply was massively cut, demand stayed teh same so prices skyrocketed. The same thing happened during Covid, though they might have claimed chickens got covid instead of bird flu.
I'll bet the 8% of the stock being owned by the US population doesn't take into account 401(k)s. That's where companies like Vanguard, State Street and probably others play a part.
It also solves inflation by sending the inflated stock prices to money heaven. Hopefully common people can ride out the storm, but they've had plenty of warning.
"For the retards in the back." Heh.
I love calling out the retards!
It's my most favoritest word🤣 Guaranteed to offend liberals, who routinely use the most profane foul dirty language (but that's okay in their book?)
Point out that "to retard" is the opposite of "to advance" or "to make progress". Then point out that Rats would be better known as retards instead of progressives and that the word isn't bad used in that context. Who cares what they reply ... They'll known they're beaten.
It's a actually compliment considering their inability to reason at all. Retards do have some reasoning ability
Thanks. I needed that.
Interesting. I am not sure I agree with the idea that money is being taken from the rich and givento the poor. The rich people will also benefit from the lower prices. And, the poor people are not suddenly owners of the assets "taken" from the rich.
Now, are rich people facing a potential 20 percent loss of value? Yes. But usually the rich know how to navigate this volatility so as to protect their wealth. My bet is that the non-rich who own 6 percent of stocks will have their asses handed to them.
I hope not. I'm one of those 6%ers. I'm so rich I can't even work a full time job lest the government takes away from my SS. ugh, the plight of trying to be "good" in America. I press on, though.
Some of those strategies are potentially on this site if you look around.
Use yandex.
I think you'll be okay, as you are aware. My comment about the 6% was that there was a high likelihood that they are people who are not privy to the wealth-protection strategies that the very wealthy make use of. It's like it's a big secret club... and, I know I'm not in it. I wish you the best.
The problem is, a lot of normal people have their retirement money in 401Ks.
So true! And how many of them really understand the thousands of variables that affect their portfolio's value? They're just told, "The market goes up and down, but steadily upward, so don't panic."
When it's all said and done, most people invested as such are at the mercy of timing... will their portfolio be worth more or less when it is time for them to need it?
I literally moved 95% of all my retirement accounts out of the market and into low yield 5% non-loss funds. The people in my orbit who oversee/manage the retirement fund called me crazy. I have a feeling that in about 2-4 weeks, they'll be calling me asking if I can work there.
Planning to shift it all back to the market once it crashes out and nears the bottom. Poof! 2-3x'ed retirement fund.
👍 Good strategy, and the market will come around when our country is back on it's feet
Maybe certain people will not be able to game the system anymore, and there will be better opportunities for the lesser folks.
That would be wonderful. Unfortunately, "gaming" the system can mean many things. There are illegal tactics, yes. But there are also legal strategies that are loopholes, or complex work arounds, etc. that the super rich are aware of and can take advantage of due to the leverage they have with their wealth.
I'm all in mutual funds for the relatively long-haul. Hopefully any hit this year will more than recover in the following years.
I wonder what a persons net worth is to be considered "rich"?
"Rich" is a state of mind.
Wealthy is another matter.
According to Google's AI, 8.8% of Americans have a net worth greater than $1M. That correlates loosely to the 8% owning most of the stock, I suppose, but it's not a direct correlation without further evidence.
My personal opinion is that if you have a net worth of $1M or more, you're "rich", meaning that you can do things--eat a nice dinner when you want, have a home that is well-maintained, drive a car that is not at risk of breaking down, pay tuition for children, etc. This might sound like the middle class, but there are many rich people who do not buy the expensive stuff, too.
To me, the middle class (which is disappearing) are those who have less than a million in net worth and who have more opportunities than most, but are not yet at the point where they have the leverage to protect their wealth. Just my opinion, and I really have no basis for that. Just a personal perspective I use to guide my own decisions.
1M in 2025 is 200k in 2014.
1M does not make you 'rich'. It just means you can maybe send your kids to private school.
It also depends on where that 1M is. Is it in liquid assets, or is it the price of your house?
Most boomers have houses with prices (not values) way above 1M. Way, way above. Those houses were bought at 50k or so. Does that make them rich?
"Rich people":
Yea, that will work. Thanks. Brilliant plan.
This is an inflation-deflation double whammy. First inflate prices, then crash prices. Everyone BUT the banksters lose. They did that before the fed. It was supposedly the reason for creating the fed.
The real problem is that we have con 'assets' everywhere. And banksters always win/loot.
Incidentally, REAL RICH PEOPLE do NOT have most of their assets in stonks.
They have:
The dollar currency will still need to be addressed. The rich hedge against volatility with gold and other hard assets. If prices deflate and asset value comensurately deflate they still get their 10-20% return and their buying power is still the same relative to the rest of us.
I hope we get rid of the illegal, usurious Feral Reserve money. Instead, Trump still wants to bully other countries into giving it dominance. Somehow I don't think we can win unless we pull our own freight on a level playing field. We can do this, so lets play fair.
Eggs are getting cheaper because the large cull of November is about 20 weeks ago. That's how long it takes to get an egg laying hen. With production about to come online, if you're caught holding eggcess inventory it's going to plummet in value. Better to sell it now for a little less than sell it later for a lot less.
Also, the previous administration used PCR tests to search for bird flu, and then culled the entire flock if there was a positive result. Policy has now changed, meaning the production of eggs is going to skyrocket thanks to less premature kills. Stable, predictable supply chains are going to re-enable lower cost futures contracts and get buyers out of the spot market, which had to surge in price to meet demand. Most grocery stores and food producers contract out their egg purchases. The ones that don't (like Aldi) see the most sticker shock when supplies are scarce.
I only own stock bc I just inherited in Jan. from my sister with no heirs who died last Fall. For now I just watch it go up and down. I have a meeting with a financial advisor tomorrow to decide what to do with it. I know they will take a fee out of it if I decide to transfer it.
The last time I inherited stock from my parents after they died when Obama got into office I took it out and converted it to physical gold and junk silver. So I’m all set there
BC of my age I have to take out my first distribution from my IRA this year. So I will probably put it into a treasury bond like I did with the money I inherited from the sale of my sister’s home. I’m really at the age now where I don’t want to play around in the stock market. I prefer something safer since I may have to live on the money I take out now that I’m on social security.
I was buying into the whole 4chan meme until it got to "this is also why eggs are cheaper." Thanks for spelling this out. If the 4chan shitposter doesn't understand this basic economics they are wrong about everything else.
I'm sorry about your sister
I don't know who Anonymous is in that screenshot, but they don't understand inflation. If fed lowers interest rates it causes interest rates to go up.
The fact is, inflation is the dilution effect of currency being manufactured (increased supply) + increase spending to make that new currency flow around teh economy (this is why inflation isn't instant every time the fed prints a trillion dollars - it takes a year or more).
Inflation can only be fought using 2 tools: Raising interest rates (which slows down spending - the "flow of money" part) or destroying currency and reducing the amount of actual supply (they never do this)
Egg prices aren't inflation. Biden's FDA manufactured a "bird flu" excuse to slaughter chickens and dispose of eggs. Supply was massively cut, demand stayed teh same so prices skyrocketed. The same thing happened during Covid, though they might have claimed chickens got covid instead of bird flu.
I love it when a plan comes together!
I'll bet the 8% of the stock being owned by the US population doesn't take into account 401(k)s. That's where companies like Vanguard, State Street and probably others play a part.
It also solves inflation by sending the inflated stock prices to money heaven. Hopefully common people can ride out the storm, but they've had plenty of warning.
Love my President & his crack team of merry men & women! 👍❤️🇺🇸