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Thoughtful Money with Adam Taggart — Michael Green: The Stock Market Is Now A Giant Ponzi Scheme
Not scored yet1h 08m·2024-07-18·Money

Michael Green: The Stock Market Is Now A Giant Ponzi Scheme

Thoughtful Money with Adam Taggart

There is a mechanical force that pushes asset prices higher as capital flows passively into the market every month. As more money flows in, it must be used to purchase assets, at whatever current price they're trading at. That valuation-insensitive purchasing results in higher and higher prices. Today's guest refers…

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