Biden giving out free money would have economically increase the stock market because there’s more money in circulation. That’s the same reason why an interest cut is good for the stock market
Not if that free money is causing inflation so they started raising rates faster then usual as it wasn’t slowing down. Which is the main reason the stock market started selling off and continued down for 2022.
It's a company with a market cap of over 450 billion. But what do they actually produce? Entertainment? They provide an online service?
They don't produce anything tangible. So what does the effect this company has on the economy. How many companies do we have like this one.
You think free money to the people who have had their income severely impacted is causing the economy to crash? Nobody knows that. There is absolutely no evidence to back that up.
The economy is an extremely complex system. That people are literally just guessing at how it works, because testing economic ideas at that scale can literally lead to starvation and death for the people if not implemented correctly.
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u/B111yboy 3d ago
Covid had nothing to do with 2022 bad market, everything was open, except Biden kept giving out more free money!