Truflation is the only data I even remotely trust.
S&P tracks M2 money supply...Until just recently.
If I could borrow $1M @ 6% and buy SPY/QQQ...Then debt is a good thing.
Selling your labor for money is like throwing away your life in an unbacked fiat currency world. You will be ground down between the tri-millstones of taxes, inflation and mandated insurance. Most Americans do better than inflation by buying desirable real estate.
|