3min chapter

The Compound and Friends cover image

Zombieland

The Compound and Friends

CHAPTER

Stock Options - Is That the Medicine to Cool the Economy?

The wealth effect real estate and stocks, really is a huge driver of the economy. If your stock prices at all time highs, forget about buying the second home or whatever. There are people buying second boats, e from from like the stock market that we've experienced for the last few years. And then you have the average home price up 20 % in two years. All of that feeds into the strength of the economy,. And it's got to work. In reverse. It can't only work in one direction, absolutely, right? So that's the fed getting what it's want though. Amin dus to prove that the fed matters, right? It can create wealth, get people

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