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Posted on 5/17/24 at 6:22 am to FLTech
quote:
Nobody gives a frick about the stock market - only the rich give a frick about the stock market.
“Rich” is a relative term. Most middle class folks have significant money in the stock market. That includes pension funds, BTW. Obviously the rich will benefit more, because they have a higher percentage of their wealth in stocks.
In inflationary times the stock market has to go up just to maintain the status quo.
This post was edited on 5/17/24 at 6:28 am
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