The Dow is measured in US dollars and inflation is just getting started. It can go to 100,000 and leave with you with a lot less real value in your retirement accounts than you have today.
That’s exactly what yesterday’s main story on Zero Hedge said...it’s reflecting an increase in monetary supply.
Exactly right. The Dow did quite well under the hyperinflation and unemployment of the Jimbo Carter administration. You can look it up.
That’s true, my account gained a goodly amount the last few days... if that keeps up it might keep pace with BidenFlation.
“The Dow is measured in US dollars and inflation is just getting started. It can go to 100,000 and leave with you with a lot less real value in your retirement accounts than you have today. “
My mutual funds are way outperforming the inflation numbers.
Does a blue chip increase with i flation?
Do you mean that we CAN'T hyperinflate ourselves into fabulous prosperity???
Curses, foiled again!!!!
Guess I'll have to go back to my old job of making bricks without straw... drat.
You’re right...