Comment Re:Do their employees still need food stamps to li (Score 1) 50
Inflation is the drain on the nation. The reason for all of these 1 Trillion dollar companies is that there are all of these money created by the various governments and banks propped up by government entities, all of the bail outs, money printing, quantitative easing (money printing), etc., all of it is inflation, i.e. expansion of the money supply. Much of it is driven by the pathetically low interest rates, manipulated by the government over the last few decades (as the governments got off the gold), all of it means simply that prices for things (including stock valuations) go up, none of it is increase in any actual productivity, all of it is bad for the world and global economies no matter what the likes of Paul Krugmans and other Keynesian charlatans are telling you.
Basically a trillion dollars is not what it used to be, it used to be inconceivable, now it is just another Tuesday.