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Things don't need to "keep growing." The nominal value of the market can continue going up even as its real value goes down. Hypothetical example: Today, SPY
by boring_twenties 6y ago
Things don't need to "keep growing." The nominal value of the market can continue going up even as its real value goes down.
Hypothetical example:
Today, SPY is 339 and DXY is 92.82.
One year from today, SPY is 500 and DXY is 45. Is this valuation higher or lower than today's?