/biz/ - Business & Finance

https://www.youtube.com/watch?v=cehZNtoe6l0

>Watching the new Andy Scott video
>There's now 50x more money on the sidelines than there was back in 2007
>Bank cash balances are absurd and they're using them to create even more loans
>Delinquencies still low, mainly due to government programs.
>Consumer is still cashed up due to gov programs

What in the fuck.
50x more money than in -07 is fucking absurd and it's only getting crazier.
Especially when you consider that the market hasn't even fallen to 2020 levels. If 1.5 years worth of selling has created that amount of money, you can imagine how absolutely retarded amounts of money there are in the greater markets.
And that money can't stay on the sidelines, it has to go somewhere to avoid inflation.
I acknowledge that the potential in these markets is crazy, but I don't think that any of us truly grasps how much these stocks can go up when this market really starts rotating.
Some of those 100-500x predictions for stocks even from here don't seem all that absurd anymore when you start thinking about the money supply, which is without a doubt going to grow even more in the near future as they pumps even more free money into the system.

>Have never visited Chink store, decide to visit one few years ago. See that their rice costs fuckall.
>20kg bag of some gold medal winner rice was like €30 and tastes god tier
>Mfw same amount of Uncle Bens shit tier rice would have cost at least €160 here.

Rice is the biggest scam in the world.
Only buy it from the Vietnamese Chinks. Their quality and prices can't be matched.

That massive, near apocalyptic dip is now making us trend upwards

Doge is so volatile, I’m so scared to get back in

>most people aren’t selling but buying more
>meanwhile the hedge funds buy and sell shorts off each other to drop stock price
This can’t keep going forever, what’s going to happen?