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Apples for sale
(lemmy.ml)
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this post was submitted on 10 Jan 2024
690 points (96.2% liked)
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The hell of it is, some people would still be happy to buy his apples. Look, I ain't got time or health insurance to be fucking around climbing an apple tree, here's some cash, apples pls. But that's not good enough for the investors, who want guaranteed 5% growth every quarter, so now we've got to pour kerosene on the extra apples and force people to go hungry.
You've read The Vines of Wrath.
It's The Grapes of Being A Bit Miffed actually
Much better than the sequel, The Apricots of Annoyance.
The porn Adaptation, Plums of Pleasure, is a banger though, pun intended.
Fun fact: A stable company may appear to be growing by ~3% a year if you don't account for inflation.
I guess that's a silver lining because then investors don't see a stable company as stagnating.
Congratulations, you just discovered nominal value.
Are you really trying to put forth the incredibly naive proposition that the stock market is not aware of inflation?
I... guess so?