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/biz/ - Business & Finance

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24637025 No.24637025 [Reply] [Original]

What happened then?
Why did the stock market tank during two decades in a row while overall prosperity grew?

>> No.24637059

>>24637025
I would kill myself if I had to live through a bear market longer than 2 or 3 years

>> No.24637112

>>24637025
Because most people didnt really give a fuck about the stock market and the marketshare of smaller businesses that weren't publically traded was a lot higher

>> No.24637139

>>24637025
1970s and 1980s had the oil crisis and all.
And also this >>24637112
Corporations didn't dominate the market completely yet. Family owned small businesses still played a big part in the overall economy.

>> No.24637141
File: 3.41 MB, 2398x2888, currency.png [View same] [iqdb] [saucenao] [google]
24637141

>>24637025
Because the bretton woods gold standard didn't allow governments to do brrrrrr and confiscate wealth by inflation.

Look at pic related and the chart , monetary base vs stocks.

>> No.24638407

>>24637025

Do you want the long story or the short story? The short story is that the US economy is run on oil, especially during that period. High oil prices led to a stagnant economy, with high unemployment and high inflation, known as Stagflation.

>> No.24639473

>>24638407
Oil shock was in 1975, so in the middle of the two red bars. There's another 15 years before that to account for. What's the long story?

>> No.24639535

>>24639473
the long story is that you take nigger dick in the ass!!!!!