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Re:Show HN: Inflation-adjusted stock charts – Total Real Ret... by whatshisface on Wednesday July 13, 2022 @04:29PM (#32088352)
There are three charts on the linked website - bonds, dollars and stocks. None of them are exactly measures of wealth. My question is about how their properties as mutual numeraires could allow them to all fall at the same time.
Re:Show HN: Inflation-adjusted stock charts – Total Real Ret... by someguydave on Wednesday July 13, 2022 @07:40PM (#32090122)
People are willing to pay fewer dollars for each asset class.
Re:Show HN: Inflation-adjusted stock charts – Total Real Ret... by whatshisface on Wednesday July 13, 2022 @10:03PM (#32091140)
People can't be willing to pay fewer dollars for the third asset class, which is dollars.
Re:Show HN: Inflation-adjusted stock charts – Total Real Ret... by someguydave on Thursday July 14, 2022 @05:00PM (#32101393)
you absolutely can pay fewer dollars for dollars delivered at some point in the future
Re:Show HN: Inflation-adjusted stock charts – Total Real Ret... by chordalkeyboard on Wednesday July 13, 2022 @11:02PM (#32091515)
tautologically the price of one dollar will always be one dollar but they can be less willing to spend those dollars on anything, and simultaneously less willing to sell assets they already own for dollars.