Deutschland hat Goldreserven von mehr als 400 Milliarden Euro. Ein Teilverkauf würde viele Finanzprobleme lösen. Ökonomisch wäre es sinnvoll und politisch machbar, schreibt @mfratzscher vom @diw_berlin. #Bundeshaushalt#Schuldenbremse https://t.co/uZAMmEVmCI
I think we’ve witnessed a stock market crash over the past six months, where stocks crashed, but $SPY didn’t.
SPY somehow bypassed it.
I’ve never seen anything like that before.
But one thing I do know is this:
when stocks are already crashed, that’s when you buy them.
And that’s exactly what happened,
SPY recovered the entire move in a single day.
Now imagine what happens if stocks start rallying
over the next 24 months from these lows.
It is curious to me that so many appear confused by how the economic analysis of a situation may not seem to support the solution that might, to you, appear politically expedient. But this should be expected: the role of economics is not and never was to support political aims.
When people say: "I have nothing to hide"
what they mean is: "I am privileged enough to live comfortably within the norms imposed on me, therefore I'm not interested in fighting for your right to privacy".