Hyperinflation is that transition period when a paper money is clearly failing as a store of value but has not yet died as a medium of exchange. This blog is to look at this and any other interesting economic issues. Vincent Cate
Saturday, August 7, 2021
Devil in the Details
The low on the S&P 500 in 2009 crash was 666. If we multiply that by 6.66 and round off just a bit we get 4444. A factor of 6.66 in 11 years should qualify as "frothy". Seems like 4444 is a good number for a high.
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Looking for polite debate on ideas. Never attack a person. Be nice.
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Looking for polite debate on ideas. Never attack a person. Be nice.