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Old 03-11-2025, 09:46 AM
Ronnie73 Ronnie73 is offline
Ron Kornacki - Uncle Nacki
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Join Date: Sep 2011
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I voted no. Mainly because my card spending money comes from a completely different source. Personally I think the stock market is finally starting to adjust to it's true market value. There's been way too many gains over the last 9 years that just don't match up to the surrounding income and expenses, along with the value of the dollar. I could agree with the reason of the previous few years of market gains to equal or match the adjustment of inflation and what a dollar bill can currently buy you in real life.

For example, Say our dollar is worth a dollar and can buy you a dollar's worth of items. While at the same time, say the stock market is at 30,000. If the dollar loses half of it's buying power due to inflation and the over printing of money. I would also expect the stock market to increase to 45,000. Now that increase of the stock market looks great, and people are making nice dividends, and feeling good about that stock market price. But the reality is the stock market increased by 50 percent, only because the dollar value and buying power decreased by 50 percent.

This is obviously just my opinion, and simple math.
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