Come listen to the man who knew we'd finally had enough, so we started up a podcast and called upon his friends.

No matter where you're from or your unique political bend, here's the story of our perfect

American ass. Max in 99 with the facts to blow your mind.

The nanny with the wicked sound design.

So grab a seat and pour yourself a glass of writer's tears.

Un-sucking the republic is about to begin.

Fuck you too, Milton Friedman. What to begin. What goes up must come down.

Unless, of course, the what in question is the U.S. stock market, in which case the sky is the limit.

It's probably the question that I get the most when I'm covering financial

topics, and it's often used as a retort by conservatives when they're defending U.S. policy

or the Trump administration in recent years. If things are so bad, then why is the stock market

so good? And it's a fair question. I mean, maybe Tesla or NVIDIA are worth a trillion dollars. Maybe Tim Cook is

better than Steve Jobs. Maybe Larry Fink and Jamie Diamond are vastly superior to every other

Titan of Finance who came before them. Maybe. So I'm going to answer it in a simple way first, and then I'll offer a more

detailed explanation, along with some resources that help contextualize this rather stunning

growth over the past half century. But before everything else, we have to start with our mantra.

The stock market is not the economy. Now let's go.

Okay, so we'll start with the simple answer.

Money goes to money.

So today is a discussion and not a full-blown technical analysis, though I have some resources

that I'll link in the description that I used as source material for anyone who wants to dig into this further. To understand what's

really happening, we need to talk about money supply. Economists measure money in different ways,

...