|
Pittsburg, Kansas | Kyle Bass likes to point out that one of the best performing stock markets of all time was the Zimbabwe stock market. Then when you were all done with your investments in the market you could take all of your profits and buy a cup of coffee.
A loss of confidence in government and the bond market would definitely be fertile ground for hyperinflation and stock markets go up - a lot - in a hyperinflationary environment.
Like I said, I'm not predicting hyperinflation for the US. Unless we keep up the current monetary and fiscal madness indefinitely. Then at some point it becomes as much about math as it does anything else.
John
Edited by John Burns 1/24/2016 20:58
| |
|