Stocks and Inflation


I understand how Inflation works and I understand somewhat how the stock market works. What I don't understand is why is everyone asking questions about the great stock market when inflation is through the roof…

Inflation doesn't make the price of things go down so wouldn't that make this just an inflated stock market? I feel in order to be wondering how the stock market is hitting record highs you have to believe/assume that stock prices are not affected by inflation at all.

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