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leongrado
3237 days ago
Completely agree. Yeah luckydude I can say with 100% certainty that if you took all of your money out right at this moment, you won't lose any money in the next crash. Give me the nobel prize in economics guys.
1 comments
empath75
3237 days ago
unless the 'next crash' is runaway hyper inflation.
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nycdatasci
3237 days ago
Great point! Important to look at crash in real, not nominal, terms.
More:
https://en.wikipedia.org/wiki/Money_illusion
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