>>171Because historically, the inflation-Wall Street relation has existed in a closed system. Inflation happened because the Fed printed too much money, people start buying expensive shit because they can't save anyhow, companies make money, the owners get rich, they go around and buy more stuff/create new companies/invest. Overall wealth (regardless of how many paper notes that wealth is represented in) moves from the poor (who invest comparatively less of their typical income) to the investing rich but the total wealth of the US remains mostly unchanged.
But if the inflation is happening because the global status of USA as an economical mediator declines, surely this will actually damage the US economy itself? In that case, the real value of the companies you are buying stock of would also decrease.