
The Federal Reserve Chairman, "We print money digitally. As a central bank, we have the ability to create money."
Stock Jock
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@StockJockAT
Full time day trader | Twitch Partner | Youtuber | Tweets will be stocks and crypto, not financial advice | Business contact: [email protected]

The Federal Reserve Chairman, "We print money digitally. As a central bank, we have the ability to create money."

$SPX Stock markets have historically suffered significant declines in the first three months following the arrival of a new Fed Chair. S&P 500 3-Month Decline • Jerome Powell: -7% • Janet Yellen: -4% • Ben Bernanke: -2% • Alan Greenspan: -33% • Paul Volcker: -10% • William Miller: -3% • Arthur Burns: -7% • William Martin: -8% • Thomas McCabe: -4% • Marriner Eccles: -8% • Eugene Black: -21% • Eugene Meyer: -32% Average: -12%




@beerandtokens In 1985, I was making $5/hr and paying $400/month for a 1-bdrm apartment; so like 60%+ of my monthly salary went to pay my rent. Avg price in my city for an apt now is $1200-1400, with min wage at $15. It's about the same ratio of income as the 80s.


@mcuban Run the numbers. Charge the lowest possible but still profitable amount to undercut competitors. Exclude all preexisting conditions, high risk, and low socioeconomic populations from coverage so I stay competitively priced for normal people



@mcuban @GovBillLee Or just let the free market compete and get the government out of Healthcare. A free market would inevitably lead to lower costs for consumers.



I’m 24. Economy close to unlivable for the average American. Stock market? ATH Inflation? Running hot. If qqq crashes BTC probably gets dragged down with it. wtf am I supposed to do with my money? Stack cash for a crash? Gets printed into oblivion. I feel so stuck.





JUST IN: 50% chance S&P 500 hits 8,000 this year



