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QE hurts the elderly

Discussion in 'Politics' started by RCG Trader, Apr 27, 2011.

Ricter
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Quote from denner:

...It should also be noted that a small privately owned business is analagous to a NON-asset holder in so far as a concerted effort to devalue the currency and revalue assets higher (i.e. stock prices) does very little to benefit a private corp that does not have a publicly traded stock. Instead, it continues to absorb the rising input costs, with very little margin or reserves to play the waiting game....
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Excellent point.

#81 Apr 28, 2011

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