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To: Toddsterpatriot
"I'm not talking about incomes, just your claim that any asset valued in dollars will suffer the same loss in value as the dollar will suffer."

Either the dollar decreases in value or it doesn't, Investing dollars does not increase the value of a dollar no matter how hard you try.

I've never said anything different.

113 posted on 12/10/2010 6:47:22 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg
Either the dollar decreases in value or it doesn't,

We already agreed that the dollar in your example decreases in value by 1%. Our disagreement is with your claim that all assets priced in dollars will also decrease in value by 1%.

Try this example. I have one share, the only share, in a company whose only asset is one tank of gas, currently priced at $40. Next year, the tank (and my share) are now worth $40.40.

My asset did not drop in value even though it is priced in dollars.

115 posted on 12/10/2010 6:55:20 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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