3 ms·
Are you sure about the German stock market? I've googled and found this https://commons.m.wikimedia.org/wiki/File:CDAX-Kursindex.png https://commons.m.wikimedia
by armanboyaci 6y ago
Are you sure about the German stock market? I've googled and found this https://commons.m.wikimedia.org/wiki/File:CDAX-Kursindex.png https://commons.m.wikimedia.org/wiki/File:CDAX-Kursindex.png
- svachalek 6y agoYou've always got to consider inflation over the long term, and in this case there is a well known hyperinflation period during the Weimar days. (I don't know about the GP statistic but this graph is clearly not meaningful)
- ianhorn 6y agoIf your currency is going to undergo hyperinflation, aren't equity or physical goods exactly where you want to keep your money?
- thephyber 6y agoI suspect the parent's statement might be accurate if you invested with another currency. The problem (or uncertainty) is that both the US and Germany left the gold-backed systems during those years and the exchange rate between our currencies changed quite a bit during the 1914-1924 period (which is probably why your parent chose that year). If you notice your image's description, it is denominated in 3 different currencies, depending on the years you are looking at.