Adding to this, the wealth disparity is going to continue to increase with those who have equities dramatically increasing their personal capitol, while the middle class is going to fall further behind.
I’m convinced a major part of inflation that goes completely ignored is the staggering amount of wealth generated by equities. People have literally seen 1 million become 2 or 3 over the last few years. They have been spending money with complete disregard… Watching what people buy at Costco is insane!
It’s saving me a hell of a lot of man hours on incredibly tedious tasks that would require looking up individual items in a wiki or the like and then directly populating the answers into a spreadsheet… Our team doesn’t have the budget to hire someone to do it, so it basically just wouldn’t get done without it.
Useful party trick for me!