Replies to post #1379 on ProShares UltraPro QQQ ETF (TQQQ)

[luckydude777]

I think there's another component neither the Fed nor the Corporate community is giving much press about is "good old fashion GREED [Survival???]" causing a lot of the inflation.

Businesses hurt BAD during the two years of Covid lockdowns. NOW they are trying to make up for lost revenues to STAY in business, (many of them anyway).

I believe a huge reason for the current inflated fuel prices is also a result of people traveled so little during the 2 year lockdowns. Profits went way down. People are now "out of lockdown prison" this summer and they are making up for lost opportunity. Thus the petro energy industry is taking full advantage of it.

This is the year for "making money while you can. Another lockdown might be staring us in the face come next winter!" Or an earthquake ripping up a major city that needs trillions to put it back together. Or - or - or ...