Stay Strong Everyone

[markodochartaigh]

6. On the one hand,

since the Great Depression in 1929 the US has had an unparalleled expansion. After WWII the US was the only industrial economy still standing. The US had the reserve currency. The US benefited from the tail end of the Industrial Revolution. Then came the materials, medical, agricultural, computer, electronics, and weapons revolutions, each of which benefited the US disproportionately. And the US was able to successfully decouple the dollar from gold and silver, although it is still a metal backed currency, now lead and uranium. And companies have been allowed to buy back stock to support their stock price so their c-suite can get paid in stock which appreciates.
It's no wonder the US, and the stock market, rose so incredibly. This was a once in a civilization opportunity.
On the other hand, if Trump succeeds in continuing to destroy the value of the dollar, the Dow may hit 250,000 in dollar terms. And gold $25,000 an ounce, and tomatoes $25 a pound.