View Single Post
  #25  
Old 05-07-2007, 12:15 PM
pvn pvn is offline
Senior Member
 
Join Date: Jan 2004
Location: back despite popular demand
Posts: 10,955
Default Re: M3 = stealing from the laborer to give to the investor?

[ QUOTE ]
[ QUOTE ]
If you also correctly adjust bank accounts and bonds for the same inflation and higher tax rates the real after tax differential between them and the stock market makes the comparison much more favorable to stocks than just saying "10%". The trade off obviously is the high standard deviation.

[/ QUOTE ]

Yeah that's why I said the antipapermoneycrowd who advise hard assets, real estate, etc., over dollar denominated assets.

[/ QUOTE ]

You're conflating currency and investment vehicles.


[ QUOTE ]
I doubt the government would let gold get out of control when they can just use police powers, declare gold a terroriist weapon or something.

[/ QUOTE ]

It's happened before.
Reply With Quote