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by ezconnect 1483 days ago
There's no other place to park cash right now. Central banks have zero and some negative interest rates. Having cash on bank is very expensive so the stock market is the new bank.
2 comments

This is probably the worst time to be buying fixed income assets like bonds. You'll get crushed as the interest rates go up.

Commodities is a good place to be. This war does not look like it's going to end. You can expect high commodity prices as long as it continues.

I'm worried about a complete crash that would plummet everything. Imagine if every year the stock market represented real industry and work and value. It would be strong and sturdy. But with this money being so loose. It's similar to if I just gave you decks of cards year after year and said build, build, build. That house of cards is not going to be great and can collapse.

What happens in 80 years when milk is $34 a gallon?

> What happens in 80 years when milk is $34 a gallon?

Milk was $0.14/gallon 80 years ago[1] ($.13/gallon 81 years ago), and $3.77/gallon last year[2].

$34/gallon in 80 years would seem to represent a slowdown of inflation.

[1] https://www.lmtonline.com/lifestyles/article/Milk-went-for-1... [2] https://www.ams.usda.gov/sites/default/files/media/2021Retai...