TruthOut10
Active Member
- Dec 3, 2012
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The Dow Jones industrial average passed 14,164.53 today. Thats its highest reading ever. Huzzah!
Or not. That number doesnt adjust for inflation. As CNBCs Jeff Cox writes, in inflation-adjusted dollars, the Dow would need to hit 15,731.54 to break the record. In fact, in inflation-adjusted terms, the Dow is still well below its 2000 high.
The Dow Jones?s new high is fake
Or not. That number doesnt adjust for inflation. As CNBCs Jeff Cox writes, in inflation-adjusted dollars, the Dow would need to hit 15,731.54 to break the record. In fact, in inflation-adjusted terms, the Dow is still well below its 2000 high.
The Dow Jones?s new high is fake
