Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wealthy country of all places. It's like that scene from margin call about normal people in big houses they can't actually pay for and big cars who pretend but would actually croak if things got really fair really quickly.
> Everyone likes to deride idiot MBAs while also enjoying a stock market that returns on avg 8-10% per year vastly outpacing inflation in a developed, stable, wealthy country of all places
Sounds great until the wheels fall off because MBAs decided to save a few bucks on "unnecessary" bolts to hold them on
But I think the undersold part would be inflation is likely far more correlated to rate and values the stock market going up, than the disclosed and reported inflation numbers given to you by the people directly responsible for monetary adjustments.
I have been getting the vibes that Sony is positioning themselves to back out of videogames. I don't think we're going to see a PS6.