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What if this is the new standard?

What if with COVID, people realized they had a lot of unused money laying around and they decided to invest it in stock, bitcoin, gold and even collectibles (pokémon, magic and figures have seen huge spikes on extra-rare items).

Of course, there is the side of people getting free checks and the government money printing. However, people who were getting free money were not the people who have a lot of buying power.

People with buying power became those who substituted money from transport to benefitting from tax relief for their romote work (electricity, internet, etc).

I can only see a crash happening when COVID is over and everything reopens (I thought this would've already happened but look at where we are now). Then again, would people start selling off their stock/investments to go to the restaurant or to the bar?



Submitted January 25, 2021 at 09:51PM by BodomDeth https://ift.tt/2M20bgc

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