OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,880
- 265
- Thread starter
- #181
Inflation is caused by greed. High inflation in the 70's and 80's was caused by investors wanting a higher return on profit.
Inflation is caused by greed.
Inflation is always and everywhere a monetary phenomenon - Milton Friedman
High inflation in the 70's and 80's was caused by investors wanting a higher return on profit.
As opposed to any other point in human history when investors didn't want a higher return on profit.
DERP!
Inflation is bad. It hurts no one but the poor and the poor-with credit.
In the 70's the ROI went from 12% to 50%, thus higher inflation.
Inflation is bad. It hurts no one but the poor and the poor-with credit.
And retired people with bonds. And investors with bonds. And banks with bonds.
In the 70's the ROI went from 12% to 50%,
Link?
Inflation is GOOD for bond holders? How so?
Oil up 870% - Gold up 1000%. Commodity returns were up 21%
Stock investors feeling left out demanded 50% of profits up from 12%.
Inflation is GOOD for bond holders? How so?
You said "It hurts no one but the poor and the poor-with credit".
I said it hurts bondholders. How many bonds do the poor own?
Stock investors feeling left out demanded 50% of profits up from 12%
Cool story bro. Post your proof.
Already answered.