Stocks and your 401(k) may surge now that Fed rate hikes seem to be over, history shows
usatoday.com
News this week that inflation eased more than expected in October solidified the view that the Federal Reserve is done with its most aggressive rate-hike campaign in four decades.
And that could be a boon for the stock market and your 401(k).
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You shouldn't dismiss those as imaginary as money doesn't pop out of thin air. All those gains need to be created by real workers being exploited harder elsewhere.
When tech companies that have never made a profit are still being traded for significant amounts of money per share, I'd call it imaginary numbers.
I prefer potential money. Still imaginary, but “could be” money.
Interest means that money does, in fact, pop out of thin air.
The green line requires blood.
The numbers are imagined and have a weak relationship to how many ppl get exploited, but the system as a whole does make people exploit others.