> But that can still result in negative returns on your investments. Negative nominal returns, especially in the short term, yes. I don't dispute it, and if I

> But that can still result in negative returns on your investments. Negative nominal returns, especially in the short term, yes. I don't dispute it, and if I said anything in the thread to suggest otherwise, I apologize. I'm concerned about long term real returns, in terms of something like purchasing power parity.