If the dollar has devalued, as the post talks about gas and company profits, wouldn't the same reasoning apply to stocks and they now look over inflated, again?
The stocks may go up in price, however you can't buy as much with the same amount of money that they were worth a year ago.
If the dollar has devalued, as the post talks about gas and company profits, wouldn't the same reasoning apply to stocks and they now look over inflated, again?
ReplyDeleteThe stocks may go up in price, however you can't buy as much with the same amount of money that they were worth a year ago.