• School_Lunch@lemmy.world
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    1 day ago

    So would it be safe to say that everyone should pull their money out of the stock market before Powell’s term is up? Its a good bet that whoever replaces him will just be a yes-man, and things will crash.

    • Buddahriffic@lemmy.world
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      23 hours ago

      No, it wouldn’t be safe to say that because if the next guy just prints money like it’s 2020, inflation will get crazy again and that cash you saved will be worth less than the stock you got rid of.

    • Optional@lemmy.world
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      1 day ago

      Well we could put it all in bonds which . . . oh wait no . . umm . . . hangon . . Uh. . . Anyone know anything about the NIKKEI?