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Mermelstein

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Mermelstein

Re: bbotcs post# 87918

Wednesday, 06/09/2021 11:16:01 PM

Wednesday, June 09, 2021 11:16:01 PM

Post# of 112793
1929 wasn't due to inflation. It was actually the opposite...deflation.

In case you haven't noticed, the U.S. dollar has been sinking for 100 years. Because that's what it's designed to do.

Since inception, the dollar has lost 99% of it's value. Over the next 100 years, it will lose 99% more.

Gold will keep up, but I'm arguing there are much better places for money...i.e. undervalued companies that can give exponential returns. Gold is never going to give an exponential return.
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