Dr. Martin Hash Podcast

Money is increasing at a much faster rate than the amount of real things to purchase with it. Money concentrates into the hands of a few, so all of the newly created money, trillions & trillions of dollars, needs to go somewhere; the stock market is perfect. Ostensibly, stocks are supposed to be a representation of the underlying value of a company, and in the vast majority of the cases, they do, but there is a class of stock, a meme stock, that is simply a way to store the vast amount of imaginary money. Stock Market indexes, like the DOW & NASDAQ, are mostly composed of meme stocks, which is why they increase at the same rate as the national debt. Since many retirement funds are invested in the stock indexes, and the indexes keep going up due to the high deficits, people in those funds think the economy is great, at least the imaginary part they’re sharing in, and as long as the government can run up the debt without penalty, this illusion is a reality. Because of this, average people and the ultra wealthy alike, at least share one thing, even if it’s a delusion. The question is: how long can deficits continue, and what happens when they stop?