>>992
>there could be 100% inflation
>this means your money halves every year in REAL TERMS
>the S&P500 could go up but you're still losing in REAL TERMS
>unless you look at the USD Index or the gold price in USD or CPI inflation rate you will never know
For example the stock exchange in Berlin went up 1128% in 1922 (measured in Papiermark) but in gold terms it actually went down 69%.