3 ms·
Agreed. Because the stock market rose 50% in a year and their money is just most likely in index funds?
by Racing0461 3y ago
Agreed. Because the stock market rose 50% in a year and their money is just most likely in index funds?
- SV_BubbleTime 3y agoHang on, am I missing something? We have rampant inflation - why would you not expect the NUMBER attached to the stock market to go up?
- tunesmith 3y agoWe didn't experience 50% inflation; investing in those parts of the stock market meant that the investment went up by more than inflation.
- randomdata 3y ago> We have rampant inflation Do we? I could have sold wheat for $15 per bushel two years ago. Now I'm lucky if I can get $7. It looks more and more like a disinflationary/deflationary environment to me. CPI continues to show inflation, but the CPI basket measures that which at the end of the supply chain (it is a consumer index, after all), which means that it always lags significantly behind what's going on in the rest of the world.
- anigbrowl 3y agoWhich country are you living in? The US does not have rampant inflation.
- deleted 3y ago[deleted]