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The differences between 1929 and Today

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#23

11-29-2007, 07:17 PM

lehighguy

Senior Member

Join Date: Nov 2004

Posts: 4,290

Re: The differences between 1929 and Today

Perhaps you should think in real terms nominal terms. Sure the market went up on the 50bp, but the dollars it was price in lost a huge amount of value. Nominal, not real, gain.

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