Comment by inigyou
4 hours ago
SPY has been flat when measured in other currencies btw. Everything's 20% more expensive and SPY is up 20% because US money is worth 20% less.
4 hours ago
SPY has been flat when measured in other currencies btw. Everything's 20% more expensive and SPY is up 20% because US money is worth 20% less.
Yeah, so I'm not buying unnecessary crap this year.
If the "system" wants to drive more consumption, it's on the "system" to put more buying power into my hands. Double my salary, reduce my taxes, make BTC do a big run up, something. Otherwise I'm happy staying put.