I read the main points of the article, most of which I agree with. The problem arises though, where do we put our money in hyper inflationary times?
Gold? Cash? Stocks?
Tell me that and we can all be rich
Thanks for the post. I found his explanation of "equilibrium" quite useful.
I ask those more knowledgeable on finance to give us their opinion on the correctness of his explanations and conclusions.
But, his market commentaries appear to support international securities more than anything else.
First, if inflation occurs you'll bank a lot on the currency differential between the dollar and the foreign curreny + the return in the market.