/biz/ - Business & Finance

Couple quick numbers:

1. Congress is 99% boomers, who do you think they went to school with? Who do you think they play golf with? Who do you think paysdonates to their political campaigns? Other boomers.
2. S&P500 CEO Average age. 58 years old. These boomer CEOs went to school with boomers from congress.
3. Boomers are YOLOed to the balls into stock market. They are not going to retire with half their net worth wiped out. They are going to push their buddies in the congress to QE the fuck out of this dip. By any means necessary. The younger generation is going to pay for it, but who cares about a bunch of purple haired fembois.

Simple as that. Everything else i.e. longreads from "economists" (a profession as practical as a gender studies degree) is smoken mirrors.
The moral is simple: get aboard the boomer train, we're going to the moon.