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Strategies & Market Trends : ahhaha's ahs

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To: Ron Dior who wrote (24353)	4/26/2014 12:10:01 PM
From: frankw1900	Read Replies (1) of 24758

Your first question. Can't answer your other ones though maybe some answer to them come from answer to 1st question. How can taxes be so outrageously high and inflation out of control yet corporate earnings are way up? 1 to 2% per year real inflation over 50 - 60 years which is the result of "easy way" of managing monetary policy, plus "easy way" of managing political problems - throwing money at problems instead of letting folk work things out for themselves - and here we are. Corporate managements (some, anyway) have been forced to work things out for themselves cuz they have to show some sort of profits. Can't over emphasize how pernicious the inflation effect is. It tilts "luck", which should be the result of effort and chance, in favour of those who already have assets and high income. Nothing wrong with having assets and high income but does one need extra luck, as well? I think that can lead to mistaken ideas with respect to entitlement and not just on the part of those who have assets and good incomes.

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