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Ogboni – Isese Lagba

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Is Tesla’s stock a bubble? How the U.S Virtual Economy works

Here is a brief explanation of how the U.S virtual economy works, using Tesla’s stock as a case study. Tesla stock price is the product of the actions of the Fed and other central banks. In 2020, more than $12 trillion was printed out of thin air. All this money has been injected into the monetary and financial system. Interest rates were lowered to zero. Millions of savers were pushed into the stock market. All of them sought to buy ...