[dmoy]

I think they meant the stock market more generally? S&P 500 is up what, like 4x in the last 10 years?

[Muromec]

If I would drink 4x more beer that would concerning, but the number going up 4x should make things better how exactly?

[ludwik]

This was said in the context of a person predicting a stock market bust, so of course a stock market index price is the relevant number here.

[Muromec]

Yeah, fair. I still can't shake off the nagging feeling most of it being a scam somehow and not the business as usual scam. The gut feeling that things proclaimed and observed don't add up.

[tardedmeme]

That's just inflation, which is primarily controlled by the government via the money supply. It doesn't mean anything. What does mean something is the severe deflation in wages and consumer goods - why is all the money printing remaining in the rich person's realm instead of trickling down?

[dmoy]

Inflation is not up 4x in the last 10 years...

[tardedmeme]

Depends what you measure. I already said it hasn't been affecting wages or consumer goods and that's weird.

[dmoy]

Very, very few things even in isolation have inflated 4x in the last 10 years.

But as for this

> why is all the money printing remaining in the rich person's realm instead of trickling down?

Always has been, it's kinda one of the defining features of capitalism

[tardedmeme]

> Very, very few things even in isolation have inflated 4x in the last 10 years.

The assets in the S&P 500 have, that's what was brought up.

[dmoy]

Right, but that's a separate thing from inflation, so I don't think you can describe it as "that's just inflation".

[Muromec]

Peasants aren't picking up enough shit after the rich to distill traces of gold from it, that's why