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To: Mad Dawgg
You have indeed agreed with the premise that any asset loses the same 1% inflation per dollar

No. Wrong.

When inflation is 1%, every dollar loses 1%. Not every dollar asset loses 1%, as you originally claimed in post #85.

further destroy your claim of "purchasing power is not reduced by inflation" on assets other than cash.

Where did I make that claim?

Right here in Post 125: "My share purchases exactly a tank of gas, no matter what the rate of inflation."

So I never said "purchasing power is not reduced by inflation"? Thanks.

If your share does this then explain how you go about it

I don't have to go about it. My example merely shows your original claim was incorrect.

You're not sticking with your claim, "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, are you?

Uncle Sam wants his due on Capital gains. So now your share of 40.40 has at least lost 7 or more bucks trading in your share.

OMG! The share that I bought for $40 and sold for $40.40 is losing $7? You've got more math problems than I thought.

you claimed I said Assets won't increase in value

No, I showed that you said all assets priced in dollars lose the same amount as the inflation rate.

all of the dollars he mentioned would suffer the same loss in inflation.

Yes, we agree all dollars lose the same, not all dollar priced assets.

155 posted on 12/11/2010 3:48:55 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
[ Post Reply | Private Reply | To 153 | View Replies ]


To: Toddsterpatriot
"OMG! The share that I bought for $40 and sold for $40.40 is losing $7? You've got more math problems than I thought."

Ahh you said you could purchase the same amount of gas with an asset that increased at the same rate of inflation (1%) well your tank of gas example was 40.40 and you share price is 40.40.

So show us how you convert your share into legal tender to purchase the tank of gas.

Scotttrade charges 7 bucks to do such (which is about the cheapest broker fee going) and that doesn't include the SEC fee.

157 posted on 12/11/2010 6:06:04 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 155 | View Replies ]

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