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re: Reading "Liar's Poker" now....

Posted on 2/7/11 at 12:12 pm to
Posted by LSURussian
Member since Feb 2005
126994 posts
Posted on 2/7/11 at 12:12 pm to
Do you believe the following from your quote to be true?:

quote:

the only real force that ultimately makes the stock market or any market rise (and, to a large extent, fall) over the longer term is simply changes in the quantity of money and the volume of spending in the economy.
Posted by Tiger4
Member since Jan 2009
8761 posts
Posted on 2/7/11 at 1:08 pm to
quote:

Do you believe the following from your quote to be true?:

No, but I agree that if there is inflation, stock prices go up.

On a side note I wonder why people run to gold when there is inflation when stocks can protect against inflation too. Both are good investments.
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