red states rule
Senior Member
- May 30, 2006
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- #41
No, it's not even close. You are very ignorant regarding economics.
It's ridiculous to say the Dow is up, and we can prove it's good because my 401(k) is up. That's not correct because you have no clue how to measure it.
When measured in any real value, the Dow is way down, RSR. However, there is an illusion that it is rising because the dollar continues to fall in value. If the dow, in real value, stays the same yet the dollar devalues, it will show up as a net gain for the Dow, even though there really was no gain.
These are not opinions up for debate. That is economic fact.
More doom and gloom
Yawn........