Stimmy checks did a LOT of damage.

They printed $5 trillion with Biden and an additional, unnecessary, $2 trillion under Trump.

All that money was 'handed out' with zero products or services rendered.

Cash app cash app cash app 🤑

Dumb money took those stimmies, planted it into cryptocurrency, enquiries etc. While bond rates were low encouraging even more borrowing.

2021 was a wild time I look back on very fondly.

It was sadboys luv money, nft monkeys and just a whole lot of liquidity splashing around.

All that money ended up (as expected) with the largest corporations, and is why the valuation and revenues and cash on hand is so fucking astronomical. It's all that stimulus money.

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