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You're right, asset prices are not immune from inflationary pressure, and may in fact rise in nominal terms. However, I still see the Dow below 4000 within the next few years and a real decline beyond that as well.
Dec 03 13:00 pm
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All Comments by User 196790 »The American Crisis and the Case for an Inflationary Depression [View article]
On Dec 03 10:55 AM paultaut wrote:
> Thank you all, I only got into this article because N. S. appeared
> to be getting a bum rap. I personally disagree with the 3,300 level
> since I can't see inflation without inflated assets of some sort.
>
>
> There are opinions and then there are opinions held by only one person.
> Those who are selfopinionated will never listen to anyone else. Hopefully,
> I will, at least listen. IMHO