Years of Lag for Markets and Company Valuation to Reprice after a Run of Inflation
by Brian Wang from NextBigFuture.com on (#6QNKJ)
A theory I have is that eventually stock markets and company value will inflate after a run of inflation. If prices double then eventually all inputs and outputs are repriced at double. In 1972, the price of an average car like the Chevy Vega or Pinto was about $2000. The Nasdaq was trading at about ...