3 ms·
So the assumption is that stock prices increase on an infinite time scale? Seems a bit naive...
by cryoshon 11y ago
So the assumption is that stock prices increase on an infinite time scale?
Seems a bit naive...
- duderific 11y agoProbably as measured with fiat currency, which can be created out of thin air, yes, stock prices will "increase" infinitely. Measured against an actual real-world asset such as gold, oil etc., probably not. http://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-historical-chart http://www.macrotrends.net/1378/dow-to-gold-ratio-100-year-h...
- acjohnson55 11y agoNot necessarily, assuming there's still a whole lot of economic development, growth, and innovation left before we achieve stasis. I think we've got generations left to go before we shift into a new paradigm.