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by coned88
1485 days ago
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I'm worried about a complete crash that would plummet everything. Imagine if every year the stock market represented real industry and work and value. It would be strong and sturdy. But with this money being so loose. It's similar to if I just gave you decks of cards year after year and said build, build, build. That house of cards is not going to be great and can collapse. What happens in 80 years when milk is $34 a gallon? |
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Milk was $0.14/gallon 80 years ago[1] ($.13/gallon 81 years ago), and $3.77/gallon last year[2].
$34/gallon in 80 years would seem to represent a slowdown of inflation.
[1] https://www.lmtonline.com/lifestyles/article/Milk-went-for-1... [2] https://www.ams.usda.gov/sites/default/files/media/2021Retai...