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To: Mad Dawgg
"My asset did not drop in value even though it is priced in dollars."

Show me where I claimed otherwise...

Post #85

two problems with your attempted gloss over of the built in loss on owning American Dollars...

1. Trying to separate out CASH from REAL assets in attempt to show less of a monetary loss is not only mildly amusing it would give any CPA worth his salt a severe case of the giggles being that any asset that is valued in Dollars suffers the same loss (and I notice you conveniently left out the devastating effects of compounding being such also works when you compound a loss over time.)

117 posted on 12/10/2010 7:19:24 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 116 | View Replies ]


To: Toddsterpatriot
" any asset that is valued in Dollars suffers the same loss"

So then you are claiming that each of those dollars did not lose 1% purchasing power?

118 posted on 12/10/2010 7:23:40 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
[ Post Reply | Private Reply | To 117 | View Replies ]

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