Phil
๐ค SpeakerAppearances Over Time
Podcast Appearances
So they were literally getting money for almost free.
putting that money in the stock market just for it to grow.
So people that had assets and have wealth and stuff like that, they had a huge advantage, and it's because the government decided that they were going to have that policy.
And every time the government talked about raising interest rates, the stock market would take a tumble a bit, and then the government would get, oh, no, we can't do that, blah, blah, blah, blah, blah.
I think that interest rates were zero or around zero for almost a decade.
Quantitative easing was the worst policy they ever had.
They should have let the banks fail.
Klarna for your burrito.
I was thinking about like- Exactly.
But I mean, look, if you if you look at all the not all, but if you look at most people that have a lot of money, they're pinching their pennies all the time.
You know, like you're not going to.
All right, we're going to jump to this story here.
Sun, fly casual major American airport bans passengers from wearing everyday outfit.
And it's not everyday outfit.
It's literally pajamas.
Like, it's the same stuff that people just mope around their house in.