Article says that there is an increase of 40% from 2024 to 2026 for political donations.
Interestingly, the NASDAQ over the same time has also grown 40%.
Interestingly, the NASDAQ over the same time has also grown 40%.
It feels like they discovered in 2008 that you just never let the stock market go down. Then corporations have endless funds and excess can flow freely into politics.
They just have to convince everyone the market going up is good for the average person. The big problem is most people can't afford to invest so they don't give a shit what it does.
Fortunately they are creating a $1000 investment account for all newborns so everyone will be addicted to the market remaining green from birth.
There is an argument to be made that quantitative easing produces more asset-price inflation than consumer-price inflation in economies where wealth is concentrated at the top (and the new money also mostly goes there).
That could help explain why the massive QE programs after 2008 in both the US and Europe coincided with unexpectedly low consumer-price inflation but large increases in stock, bond, and property prices.
In a way, stocks and property are just consumer products for (relatively) rich people.