The market going up should be nice evidence that it has little to do with the actual economy.
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Markets go up when some large uncertainty decreases and predictability increases, which is what the relief bill brought (compared to uncertainty of what was going to happen prior to it).
Yup, it’s a kind of squaring the circle of the idea that we can borrow money/productivity from the future to build things now, and so we can also fund things now to have money in the future! But it relies on thinking the future probably has money in it.
