3 ms·
Why isn't shares in the top 100 world companies an option?
by mywittyname 5y ago
Why isn't shares in the top 100 world companies an option?
- missedthecue 5y agoBecause Palantir is worried about the USD (and presumbably other major currencies such as the pound and euro) devaluing. There isn't an escape from that. Mars doesn't print its own currency yet.
- gameswithgo 5y agoSo this is ultimately all about Thiel and Musk having a fued about the mars colony and whether that will work out.
- Scoundreller 5y agoWhy wouldn’t a stock (e.g. a gold mine or google) escape a USD devaluation? The only companies I see screwed are those that make long-term loans at fixed interest rates.
- missedthecue 5y agoBecause the cost of production inputs rise faster than they can pass on the costs to their customers. If no one suffered from inflation, we wouldn't bother measuring it.