The Dow Jones index has risen from 800 in 1980 to 43,000 in 2024, but this reflects currency debasement more than real economic value creation; despite making more money in 2024 than in 1985, people lived better in 1985 due to lower purchasing power erosion.
causalpending
Speaker
Bubba (Todd Horwitz)Evidence Quote
“I make a lot more now than I did in 1985 but I lived a hell of a lot better in 1985 [31:02]”
Source
Todd 'Bubba' Horwitz on China, Gold, The Problem With the Markets + Emperor Metals CEO Interview— Resource TalksCreated: 8/12/2026, 6:40:34 PM
My Notes
Loading notes...