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> Open question: won't inflation lead to mechanically higher stock prices, specially if it's demand driven?

this has been answered already but I want to add something that wasn't mentioned: if you are thinking about it now, the market thought about it months before you and it's probably already baked in the current price.

so don't expect a 10% increase in 1 year on spy even if everything goes up 10%. that 10% was grabbed by the better informed the moment the money printers were turned on.



Which raises the question of how the bogleheads strategy weathers an inflationary economy. Since apparently that's all Main St. can do.




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