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dataviz1000 • yesterday at 9:45 PM • 0 replies • view on HN

> retired boomers

That isn't where the money propping up the SP500 is coming from. It is a ponzi scheme, yes. It is held up by $40,000,000,000,000 in national debt. That can is getting kicked down the line to one or two generations that haven't been born yet.

You and I don't need to worry about it because we will be long gone by then.

All we know is that Elon isn't getting any more freshly minted currency.