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Charlotte Real Estate, Development, and Construction News: Mecklenburg Times > Columnists > Berko > Why economy’s pains don’t stop market’s gains
Why economy’s pains don’t stop market’s gains
I am 63 and recently got laid off after 31 years with a Fortune 500 company. Considering the economy here and overseas, why would stocks increase in price? We have a record national debt, and the Federal Reserve prints $85 billion of new money every month and gives it to the banks that won’t lend it to consumers, who are charged $49 to bounce a check.
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