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VisualMod t1_j27o9w7 wrote

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Stonk_owner OP t1_j27ob2w wrote

This interactive chart tracks the ratio of the Dow Jones Industrial Average to the price of gold. The number tells you how many ounces of gold it would take to buy the Dow on any given month. Previous cycle lows have been 1.94 ounces in February of 1933 and 1.29 ounces in January of 1980.

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BubsCapital t1_j27opzl wrote

What’s your interpretation of this? I’m not sure what to think about it tbh

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dolbysurnd t1_j27p9y4 wrote

Replying to Stonk_owner (#1,172,562)

this chart tells you "how real is the value of the stock market" by comparing it to a very real resource with all kinds of practical and perceptual value.

the stock market, well...it's just a fancy casino

−1

Salt_Vault_8 t1_j27pr9m wrote

I live in Wendys Matrix, also i like Turtles 🫠

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Stonk_owner OP t1_j27q85j wrote

Replying to BubsCapital (#1,172,655)

Right now its about 18 ounces for a dow jones share. This has happend multipule times in history. What this draws is a perfect picture of inflation. For example; in 1959 this was also the case, 18 ounces for 1 dow jones share. Then again in 1972, then 1997, then 2006, then 2017, then 2019, then 2021 and then this year.

For the record the price of a down jones share in 1959 was; around 6k 1972 was; around 7k 1997 was; around 7,5k 2006 was; around 11,5k 2017 was; around 22k 2019 was; around 26k 2021 was; around 34k

Now what this means, is that the true value of this particulair stock has not changed allot. Only the number of dollars has increased.

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SuspiciousStable9649 t1_j27vq9u wrote

Hours of work for 20% down payment on a house. That’s the only metric that really matters and that metric has gone to shit since 1980.

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Lilbluefroggies t1_j28053z wrote

You can turn the chart upside-down and still get the same readings

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tehs1mps0ns t1_j2868cg wrote

Is there a point in comparing pre- and post-fiat?

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Dothemath2 t1_j28rl4t wrote

Real af. When we first came to the America we had 2 suitcases and 10K usd. We had to send back 4K because someone died suddenly. 15 years later, we have realized the American Dream. Now solid middle class. Work and save your money, invest and the returns are real. The loses to. You can buy actual things and luxuries with it, feed your family.

How do you know it’s real? It’s a piece of cotton paper but you save it and it’s still there. You give it to someone and they will give you things or their time energy and skill regardless of how you got that piece of paper. That’s as real as it gets.

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LilZuse t1_j298my5 wrote

Sir, this is a Wendy's.

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Icy-Subject-6118 t1_j29qa1t wrote

Real when you have it. Fake when you don’t. Go cry into your forever poverty because of your bad yolos

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