Let them eat stonks
(Downvotes? "Let them eat cake" is the traditional translation of the French phrase "Qu'ils mangent de la brioche", spoken in the 17th or 18th century by "a great princess" upon learning that the peasants had no bread.)
(Downvotes? "Let them eat cake" is the traditional translation of the French phrase "Qu'ils mangent de la brioche", spoken in the 17th or 18th century by "a great princess" upon learning that the peasants had no bread.)
The government's monetary policy, along with widespread retail call option trading, have turned certain "hot" parts of the stock market into stonks, prices rising parabolically or exponentially, making gamblers very rich
Behold: https://www.reddit.com/r/wallstreetbets/
Low interest rates have recently produced extreme asset price inflation (e.g., record stock market prices) despite suffering in the real economy
The wealth gap is widening in an unprecedented way
Or "Gamestonk" <g> -- as Elon Musk so eloquently tweeted...
https://twitter.com/elonmusk/status/1354174279894642703
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?...
"A rising tide (of monetary policy) lifts all boats, er, stocks, er, stonks..."
Related:
"And I heard a voice in the midst of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” "
-Bible, New King James Version, Revelation 6:6
I think it's not meant to suggest a typo, but rather the slurred accent that comes with being overenthusiastic and loud. I'd compare it to using "Murica" instead of "America" to sugges that somebody is being nationalistic -- and I think there's supposed to be a significant (but not perfect) overlap between the two groups.