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![dampedspring Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1546222940.png) Andy Constan [@dampedspring](/creator/twitter/dampedspring) on x 171.8K followers
Created: 2025-07-20 19:31:49 UTC

Very broad wealth increases is very good for NGDP as it lets folks leverage their wealth creating sensible money and dissave. Plus corporations can issue and fund investment at cheap WACC 

BUT most people own stocks weighted by market cap and some bonds.  That thing hasn't gone up much at all this year.  Modestly above cash. And if you are foreign your domestic cash wealth has fallen. 

Unless the economy is going to be powered by those getting richer holding BTC and Crypto and precious metals (wait im being told those folks HODL and don't spend).  Then FC is not easing much at all.


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**Related Topics**
[market cap](/topic/market-cap)
[stocks](/topic/stocks)
[investment](/topic/investment)
[money](/topic/money)

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