Instead of just giving out $1200. stimulus checks.
If the government gave out $1200. in an S&P index.
The masses would have so much money over time.
Conversation
That might work, if we had a government that cared for the masses. Generational poverty is an intended feature of our govt not a side effect. Keeps the masses in check, easily manipulated in wage slavery, and ensure there are always bodies to send off to war.
You realize over 30 years time frame at 7% return that's only $9,134.70 right?
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That just inflates the market and if there's a crash, it would be compounded by a wave of inexperienced investors pulling their money out. It would be Black Thursday part deux.