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But even if stocks double or triple, isn't there a likely scenario that a dollar wouldn't buy you the same thing as today or that some supplies or furniture wou
by johnchristopher 7y ago
But even if stocks double or triple, isn't there a likely scenario that a dollar wouldn't buy you the same thing as today or that some supplies or furniture would have considerable different price tags than today ?
- skookum 7y agoIf stocks double and everything costs twice us much, you're 2X better off having invested than held cash. If stocks double and everything costs the same, you're 2X better off having invested than held cash. If stocks double and everything costs half as much, you're 2X better off having invested than held cash. Note I'm not claiming stocks will double or triple, but if that's the starting assumption then there's no need to ask what inflation or deflation will do.