Posted by DigiNomad on 2nd of Feb 2024 at 02:36 pm
Yep. And the market isn't in stupid mode. That's been my mistake
at times along the way. The U.S. might as well be lighting
the currency on fire. Don't bother comparing to other fiat
currencies doing the same thing - just look at asset prices to see
what's happening to your purchasing power. If you were a
weird kid, like me, and ever said something like "daddy, what would
it be like if we had hyperinflation" ...the correct answer would be
that asset prices, including the equity market, would go into
berserko mode. Global warming could actually be from the huge
bonfires where they're incinerating our currencies
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Yep. And the market isn't
13 out of 14 straight SPX weekly closing highs.
Posted by DigiNomad on 2nd of Feb 2024 at 02:36 pm
Yep. And the market isn't in stupid mode. That's been my mistake at times along the way. The U.S. might as well be lighting the currency on fire. Don't bother comparing to other fiat currencies doing the same thing - just look at asset prices to see what's happening to your purchasing power. If you were a weird kid, like me, and ever said something like "daddy, what would it be like if we had hyperinflation" ...the correct answer would be that asset prices, including the equity market, would go into berserko mode. Global warming could actually be from the huge bonfires where they're incinerating our currencies