[ryanwaggoner]

“I’m decades away from retiring, so I’m happy to let these businesses fall apart, destroy trillions in value, and layoff millions of people so I can buy some shares at a cheaper price!”

This is like letting your neighbor’s house burn down because you’ve always wanted to buy the land under it.

[dlp211]

This isn't an either let all businesses fail or prop up the entire stock market with cheap cash choice and your framing of it as such is intellectually dishonest.

[ryanwaggoner]

I didn’t frame it as an either/or. I literally just reframed what you said: that people far away from retirement shouldn’t care if the stock market crashes, because they’ll benefit if it does.

[dlp211]

The market making a correction != businesses failing. The market is severely overpriced as-is, it didn't need to be propped up. Companies don't fail because their share price has dropped.