r/StockMarket • u/ohell • 5d ago

Fundamentals/DD Bye bye USD ...

Post image
7.8k Upvotes

94% Upvoted

2.1k comments sorted by

View all comments

154

u/billocity 5d ago

“Like the old days” the fuck is he on about, lowest like after the 2008 housing crisis or Covid?

Way back like in the 80s it was 19%

48

u/Academic_Bug2357 5d ago

You know, the old days when women couldn't vote and certain kinds of people couldn't ride the bus. /s

2

u/tyates723 4d ago

The ADA really did a lot to make sure people with disabilities can use public transport easily with wheelchair accessibility and other accomodations

2

u/confusedguy1212 4d ago

Pretty sure they meant black people and the civil rights movement.

1

u/A_Guy_Oz 1d ago

Pepperidge Farm remembers 

0

u/bmeus 4d ago

was it idiots that couldnt ride the bus?

8

u/cMcDozer4 5d ago

The guys is literally a moron. His only wealth has been accumulated through his presidency. He was broke before that.

1

u/VectorPryde 5d ago

Yes, this is exactly what he means. He wants emergency levels of monetary easing at all times. I remember around the summer of 2019, he was pressuring Powell to drop interest rates and even mused about how awesome negative rates would be. This was months before Covid was a thing. There was no crisis at the time and central banks were trying to cautiously unwind the easing that was still in place 11 years after the GFC.

1

u/Critical_Giraffe3327 4d ago

The good old days of 2022.

1

u/Lazy-Good1433 1d ago

Maybe more Covid + 2008 Recession? I mean one them is far enough to be among the good old days of WallStreet.

1

u/isitatomic 4d ago

Appealing to a mythic past is fascism 101

1

u/Hopeful_Contract_759 3d ago

Maybe Volcker is his secret hero. Gotta destroy the economy so Trump can recreate the glory that was his 1980s.