Chapter
The US Stock Market and Infinite Growth
The US stock market's growth is not infinite due to the eventual end of human civilization, but it is likely that it will continue to grow in the next 15 years, after adjusting for inflation and including dividends. Language should be carefully considered in discussing growth, and some agencies may have ulterior motives in misleading people.
Clips
The long-term stability of the stock market is not guaranteed, as factors such as astronomical events could render it obsolete, despite short-term predictions supporting its growth.
35:59 - 40:03 (04:04)
Summary
The long-term stability of the stock market is not guaranteed, as factors such as astronomical events could render it obsolete, despite short-term predictions supporting its growth. While language may be used to obscure ulterior motives, it is important to consider the fallibility of predictions and the potential for unforeseen circumstances.
ChapterThe US Stock Market and Infinite Growth
Episode#232: Nick Maggiulli [VIDEO] – From Blogging To Getting Mentioned On Tim Ferriss
PodcastThe Danny Miranda Podcast
The dominance of the US dollar in global transactions gives the US a market power advantage.
40:03 - 42:39 (02:35)
Summary
The dominance of the US dollar in global transactions gives the US a market power advantage. The production of physical goods determines the value of currency in transactions.