The Fed Will Lose an Inflation Fight – Ep 775
The Peter Schiff Show Podcast
00:00
What Happened to the Dow Jones?
If you invested a thousand dollars in the nike in 19 50, by 19 89, that thousand dollars was worth one million dollars. That is an enormous increase. In contrast, what happened to the da during that period of time? Well, in 1950, the dal jones was at 200, and in 19 89 it was at 20, 713 and a half times. I think we can see something similar in the us. Certainly in real terms. And if not for the daljones, for the nasdek. I think the nasdk is the nike of this bull market, and i think it's going to experience a similar type of decline relative
Transcript
Play full episode
