Are we currently going through the worst stock market crash in history?

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No. Look at SPY. Only about 2 years of gains have been lost. Its still above start of plandemic levels.

Do you realize that inflation makes those US dollar units the "gains" are measured in worth less?

I'm sorry about your mental retardation. No, far more than 2 years of "gains" have been lost when you adjust the stock market for the inflation across food/gas/real estate (not using their bullshit CPI). The US dollars it is measured in are worth 30%+ less in just 2 years..

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[–] • 1 pt

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I'm not sure how you are measuring stock return but generally it is measured against the currency. When inflation goes up the cost of everything goes up in relation to the currency. If the market is crashing would be to imply that everything is crashing.

You should be more concerned about the economic health:

-Are people still employed? Yes. Unemployment is still relatively low. -Are corporations still able to produce affordable goods and services? Yes, people can still afford to buy food and drive to work. -Is innovation continuing to drive down the costs of production? Yes.

-Within the past two years there has been a WFH revolution. I personally spend less on gas and car maintenance then I ever have despite $5.5/gal in San Diego now that I don't have to commute. Not to mention an additional 8 hours of time spent in traffic now being spent on leisure and additional workplace productivity. WFH is a massive societal efficiency unlock which will lead to more productive, happier workers in the long term with lower costs of employment. Companies can hire just about anywhere now which will result in a higher, more efficient quality pool of employees. At my own company our best programmers are from shithole countries like Brazil and Russia. People that would never be utilized to their potential if constrained to the home country.

-The 5G/low orbit internet satellite revolution means that people can go out and buy a home in the middle of nowhere for cheap and still have a high paying job in many industries. This means that service workers in those otherwise poor areas will be able to charge more for their services. Once the rich former Californians roll in I think that resentment will be replaced with $$$.

-Flexible evolution of the gig economy allowing people to craft their own work schedules and work as hard or as little as they like.

Despite a 20% drop in my 401k from the peak I've never felt more satisfied with my current state of living and in general I feel like I have more than I did 2 years ago. Inflation sucks but its the economy that matters.

There are positives to inflation:

-Any long-term debt you hold will be inflated away. I have a half-million dollar 30 year mortgage at 3.375%. Due to my income bracket a big chunk of the interest is tax deductible. If innovation continues companies will be able to keep up with inflation, your pay will rise, and that 30-year mortage will be whittled to nothing

-A higher push to innovate to keep profit margins high.

-Reduced waste. People buy what they need and don't waste their time behaving like consumerist whores.

I'm not sure how you are measuring stock return but generally it is measured against the currency. When inflation goes up the cost of everything goes up in relation to the currency. If the market is crashing would be to imply that everything is crashing. You should be more concerned about the economic health: -Are people still employed? Yes. Unemployment is still relatively low. -Are corporations still able to produce affordable goods and services? Yes, people can still afford to buy food and drive to work. -Is innovation continuing to drive down the costs of production? Yes. -Within the past two years there has been a WFH revolution. I personally spend less on gas and car maintenance then I ever have despite $5.5/gal in San Diego now that I don't have to commute. Not to mention an additional 8 hours of time spent in traffic now being spent on leisure and additional workplace productivity. WFH is a massive societal efficiency unlock which will lead to more productive, happier workers in the long term with lower costs of employment. Companies can hire just about anywhere now which will result in a higher, more efficient quality pool of employees. At my own company our best programmers are from shithole countries like Brazil and Russia. People that would never be utilized to their potential if constrained to the home country. -The 5G/low orbit internet satellite revolution means that people can go out and buy a home in the middle of nowhere for cheap and still have a high paying job in many industries. This means that service workers in those otherwise poor areas will be able to charge more for their services. Once the rich former Californians roll in I think that resentment will be replaced with $$$. -Flexible evolution of the gig economy allowing people to craft their own work schedules and work as hard or as little as they like. Despite a 20% drop in my 401k from the peak I've never felt more satisfied with my current state of living and in general I feel like I have more than I did 2 years ago. Inflation sucks but its the economy that matters. There are positives to inflation: -Any long-term debt you hold will be inflated away. I have a half-million dollar 30 year mortgage at 3.375%. Due to my income bracket a big chunk of the interest is tax deductible. If innovation continues companies will be able to keep up with inflation, your pay will rise, and that 30-year mortage will be whittled to nothing -A higher push to innovate to keep profit margins high. -Reduced waste. People buy what they need and don't waste their time behaving like consumerist whores.

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