attempt to determine whether social security is a fricking scam
https://old.reddit.com/r/FluentInFinance/comments/1fal25p/social_security_is_broken_this_is_why_financial/?sort=controversial
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Yeah the s&p 500 will continue to grow exponentially for the next 40 years
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Yeah the dollar will continue to shrink exponentially for the next 40 years
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Stocks represent ownership of businesses with assets that have value. If a dollar is worth 3% less every year and the assets still exist, how could a broad index possibly trend down over the long term? Are you hedging against deflation?
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The line always goes up!
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