More speculation than the 1920s. More overvaluation than the 1990s. More geopolitical and economic strife than the 1970s. Players grabbing the barrel of Kyle Rittenhouse’s rifle while @SECGov and @federalreserve nod approvingly.
American real wages – adjusted for inflation – are down 2.2% since Jan 1. Seems the ONLY truly meaningful thing that’s down this manic, manic year. Inflation is a massively regressive tax. Never forget it. pic.twitter.com/tsHRoRuh1Z
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