Talk of The Villages Florida - View Single Post - If the S & P doesn't bounce back later today
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Old 03-02-2009, 04:36 PM
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So now the DOW has dropped over 50%. Was 14000, now under 7000. But guess what folks. It will have to rise 100% just to get back there. So what was the time period for the DOW to rise 100% in the past? What was the best performance period that got a 100% gain? Go look, it will surprise you. And then the bad news. By the time it does that fantastic rise, there will have been so much money printed that inflation will mean its only worth half that amount anyway.

Best way to redistribute wealth there is. Tax it and inflate it. When everyone is broke we will all be on equal footing. Of course except those of us retired who can't recover with inflated wages. We all need to vote for change again in 2010 and throw out our wonderful congress entirely and 1/3 our senate.
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