The Austrian View on the Stock Market

Sally Kohn: Central banks of the world printed up obscene amounts of money last year to bribe voters into accepting lockdowns. She says that led to massive inflation, as money printing always does, so they ramped up rates really at the fastest pace since the 1970s. But starting this year, things got weird, where the economic numbers continued to drip out badly, she says. The market decided that we're due for a soft landing, right? All of these rate hikes are not actually going to take the GDP or the jobs numbers down very much,. And so they got optimistic, there is a possibility of that if what happened during the COVID plunge is that these sort of crappy

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