No, the #stockmarket isn't some giant pile of money that's growing exponentially ~10% every year…

It's a IMAGINARY pile of growing "value" that's only there as long as nobody is checking and trying to sell it.

Problem is: it's rated in the same units that people use to buy housing and food. So it's kinda messing up the prices for people who can't afford to gamble big time.

Taking out just a tiny sliver of that ridiculous "value" and buy a whole lot real value becomes more and more a problem with how slim the sliver has to be.

When it's 50% of the "value" you control? No can do!

When it's 15%? Might be hard?

When it's 1%? Sure! No problem!

10% growth makes the previous 50% only be 15% in 14 years and 1% in 42 years.

They're playing that game since at least WW2…

If a rich man in 1945 had to sell half his wealth to ruin your day, he now would have to sell 0.024% of his wealth.

> yeah, that's just #inflation, isn't it? Your wealth is growing too?

No, it's not inflation. It's growing a lot faster than inflation.

And since this is all exponential growth… things that grow with a lower factor don't really matter.

Besides… this is DRIVING inflation. So now inflation is a lot faster than the things you own/earn grow.

So now your wages shrink compared to inflation and housing/food becomes more expensive for you.

Only we didn't feel it that hard for some decades, because exponential growth isn't instantly a problem (but over time) and a whole lot of things (i.e. electronics, clothing, entertainment) became a lot cheaper.

So we're now at the point where you're REALLY feeling how things have grown out of your reach, while the things that have gotten cheaper are now so cheap, you won't really feel any great monetary relief if you stopped buying all that stuff.

It's only getting worse now until something's breaking.

That will hurt a lot…