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trader_4 trader_4 is offline
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Default DOW record high.

On Thursday, January 26, 2017 at 10:08:51 AM UTC-5, (PeteCresswell) wrote:
Per vallor:

Inflation: more dollars for same value.

So if the dollar is worth less, the DOW will go up...


+1.... seems like Economics 101 to me: Print a trillion-or-so dollars
and the currency is debased.

Might take awhile - velocity of money or something.... but the eventual
outcome seems like it is pre-determined.
--
Pete Cresswell


Except of course, that is not what's happening. If the currency being
debased was the direct cause of the rise in the DOW, then prices of
everything, the PPI, the CPI would be way up, ie inflation everywhere
would be evident. The DOW is going up partly from the new money
because it's one of the best places to invest. Money can be borrowed for
near zero and put into stocks.