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To: donmeaker

Fair? Hmmmmm?

Market closes above 16,000

I don’t know,, making it up as ya go along catch can come back and bite ya in the butt.

Here’s hoping!


16 posted on 11/21/2013 1:30:01 PM PST by NormsRevenge (Semper Fi)
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To: NormsRevenge

Pump 85 billion a day into the money supply and you will indeed see prices go up in the stock market. Money kept under your mattress loses value to inflation. Money in the stock market derives its value from the businesses owned, which may be either helped, hurt, or passed by by the increase in the money supply, but if passed by the stock price would go up as the value of the dollar decreased.

Eventually all that money will try to buy something as people get used to perpetual inflation, as the Weimar economy adjusted to it. One fellow borrowed money, hired workers, rented factories, and produced products, which sold for thousands of times what he paid to produce them, so that a single item would repay his investment. He died about the time that inflation was stopped by the Weimar Republic. So long as your assets are not hard denominated in currency, you can adjust to high inflation rates.


19 posted on 11/22/2013 1:58:03 AM PST by donmeaker
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