Comment by aprilthird2021
6 hours ago
Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wealthy country of all places. It's like that scene from margin call about normal people in big houses they can't actually pay for and big cars who pretend but would actually croak if things got really fair really quickly.
MBAs aren’t making the stock market go up.
Inflation is.
Inflation isn’t making anything go up faster than inflation though!
Well… yes.
But I think the undersold part would be inflation is likely far more correlated to rate and values the stock market going up, than the disclosed and reported inflation numbers given to you by the people directly responsible for monetary adjustments.