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Kaboom? Sorry, the Stock Market isn't really at a record high
New York Sun ^
| 12/24/2014
| Seth Lipsky
Posted on 12/24/2014 7:33:03 AM PST by SeekAndFind
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To: SeekAndFind
What is the DOW level Adjusted for inflation since 2008?..................
2
posted on
12/24/2014 7:35:18 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Red Badger
3
posted on
12/24/2014 7:36:22 AM PST
by
knarf
To: SeekAndFind
What is the DOWs adjusted level when taking out all the obama taxpayer bailouts and stimulus money?
4
posted on
12/24/2014 7:36:27 AM PST
by
2banana
(My common ground with terrorists - they want to die for islam and we want to kill them)
To: knarf
5
posted on
12/24/2014 7:38:31 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: SeekAndFind
“Daddy says if you read it in the Sun, it’s so...”
6
posted on
12/24/2014 7:41:26 AM PST
by
Old Sarge
(Its the Sixties all over again, but with crappy music...)
To: Red Badger
Heck, I don't know ... but when I heard 18K on the radio the other day and analyzed
my financial reality, I shook my head and realized I was in a cartoon world .... Bizarro ...
7
posted on
12/24/2014 7:44:46 AM PST
by
knarf
To: knarf
As a wise man once said, “The Stock Market is NOT the economy!”...............
It’s a casino for the uber riche..............
8
posted on
12/24/2014 7:48:16 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: SeekAndFind
What the story failed to note is that the value of the Dow that is, its worth in ounces of gold is nowhere near a record. That's a perfect example of how you can cherry-pick statistics to reach any conclusion that you want.
I suppose that if gold were not so high, the author would have replaced "ounces of gold" with "barrels of oil", or some such thing.
9
posted on
12/24/2014 7:51:31 AM PST
by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: SeekAndFind
10
posted on
12/24/2014 7:51:58 AM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: SeekAndFind
The Dow = taxpayers monthly bailouts.
To: knarf; Red Badger
12
posted on
12/24/2014 8:03:25 AM PST
by
M Kehoe
To: SeekAndFind
Oh, one more thing, 1.2 trillion from the Fed.
5.56mm
13
posted on
12/24/2014 8:05:10 AM PST
by
M Kehoe
To: SeekAndFind
The communists Democrats are doing everything they can to lie about our economy in an effort to keep Americans in the dark as long as they can. Their only effort is to kill America and rebuild into a dictatorship. They are making it.
When all the bailouts and confusion ends America will experience a crash that will make the big crash of 32 look like a cake walk. Millions of Americans will parish.
To: Leaning Right
I suppose that if gold were not so high, the author would have replaced "ounces of gold" with "barrels of oil", or some such thing. It's a perfectly valid comparison.
Gold is often used as a benchmark and is much, much more accurate than the jury-rigged government inflation statistics. Oil wouldn't make a good comparison as its price is so affected by supply -- as we're seeing now.
15
posted on
12/24/2014 8:08:26 AM PST
by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas.)
To: M Kehoe
Did I mention that GDP is now calculated differently? Much has been included in the numbers, such as intellectual property.
Yep, this isn’t your father’s GDP.
5.56mm
16
posted on
12/24/2014 8:10:20 AM PST
by
M Kehoe
To: Red Badger
You are not following the Gruber line. You are a Divergent!!!!!
17
posted on
12/24/2014 8:16:11 AM PST
by
FreeAtlanta
(Liberty or Big Government - you can't have both.)
To: FreeAtlanta
You are a Divergent!!!!!...............
18
posted on
12/24/2014 8:18:33 AM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Leaning Right
Bingo! I noticed that too. Why not valued in silver, or board feet of lumber? Because that isn’t what they’re hyping today?
19
posted on
12/24/2014 8:21:04 AM PST
by
Beagle8U
(If illegal aliens are undocumented immigrants, then shoplifters are undocumented customers.)
To: SeekAndFind
it's amazing how high the stock market will go... when you deflate the dollar every month
to see the real market situation, you need to change from a dilutable unit of measure (the dollar) into a non-dilutable unit (gold)
why is gold non-dilutable? because they aren't making much more of it.
source: link
20
posted on
12/24/2014 8:33:51 AM PST
by
sten
(fighting tyranny never goes out of style)
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