[Mr_Minderbinder]

> If you had bought gold at its 1980s peak, you would have been down in real terms ever since; adjusted for inflation it has never reached that value since, and may never do. While you can say that about some individual _companies_, of course, you would be hard pressed to find a major index for which that is the case.

The Nikkei 225 comes to mind. It only broke its 1989 peak last year.

[lanstin]

You really don't want a financial crisis in banking. All those regulations that crypto folks want to get rid of keep things like what happened to Japan in 1990 from happening with more regularity. Even 2008 in the US was painful and very long recovery, and mortgages were a smallish part of the overall economy.