{"id":6337,"date":"2013-03-21T21:46:51","date_gmt":"2013-03-21T12:46:51","guid":{"rendered":"http:\/\/haakondahl.com\/blog\/?p=3986"},"modified":"2013-03-21T21:46:51","modified_gmt":"2013-03-21T12:46:51","slug":"dow-jones-14000-sort-of","status":"publish","type":"post","link":"https:\/\/balldiamondball.com\/blog\/dow-jones-14000-sort-of\/","title":{"rendered":"Dow Jones 14,000 &#8212; Sort Of"},"content":{"rendered":"<p>With all the huh-bub surrounding the Dow breaking its old record set immediately before the last collapse, I haven;t heard one fact pointed out: that in inflation-adjusted terms, it has to get to over 15,500 to beat the 12% cumulative inflation we&#8217;ve seen since October 2007.  In inflation-adjusted (&#8220;2007 real&#8221;) dollars, the Dow is currently somewhere around 13,000.<br \/>\nWhen you take into account the pumping effect of Bernanke stuffing funny money into certain investors&#8217; hands, the apparent value of the Dow is even less.<\/p>\n<div class=\"pld-like-dislike-wrap pld-template-1\">\r\n    <div class=\"pld-like-wrap  pld-common-wrap\">\r\n    <a href=\"https:\/\/balldiamondball.com\/blog\/wp-login.php\" class=\"pld-like-trigger pld-like-dislike-trigger  \" title=\"\" data-post-id=\"6337\" data-trigger-type=\"like\" data-restriction=\"user\" data-already-liked=\"0\">\r\n                        <i class=\"fas fa-thumbs-up\"><\/i>\r\n                <\/a>\r\n    <span class=\"pld-like-count-wrap pld-count-wrap\">    <\/span>\r\n<\/div><div class=\"pld-dislike-wrap  pld-common-wrap\">\r\n    <a href=\"https:\/\/balldiamondball.com\/blog\/wp-login.php\" class=\"pld-dislike-trigger pld-like-dislike-trigger  \" title=\"\" data-post-id=\"6337\" data-trigger-type=\"dislike\" data-restriction=\"user\" data-already-liked=\"0\">\r\n                        <i class=\"fas fa-thumbs-down\"><\/i>\r\n                <\/a>\r\n    <span class=\"pld-dislike-count-wrap pld-count-wrap\"><\/span>\r\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>With all the huh-bub surrounding the Dow breaking its old record set immediately before the last collapse, I haven;t heard one fact pointed out: that in inflation-adjusted terms, it has to get to over 15,500 to beat the 12% cumulative inflation we&#8217;ve seen since October 2007. In inflation-adjusted (&#8220;2007 real&#8221;) dollars, the Dow is currently somewhere around 13,000.<br \/> When you take into account the pumping effect of Bernanke stuffing funny money into certain investors&#8217; hands, the apparent value of the Dow is even less.<\/p>\n<p> <a href=\"https:\/\/balldiamondball.com\/blog\/wp-login.php\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"6337\" data-trigger-type=\"like\" data-restriction=\"user\" data-already-liked=\"0\"> <i class=\"fas fa-thumbs-up\"><\/i> <\/a> <a href=\"https:\/\/balldiamondball.com\/blog\/wp-login.php\" class=\"pld-dislike-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"6337\" data-trigger-type=\"dislike\" data-restriction=\"user\" data-already-liked=\"0\"> <i class=\"fas fa-thumbs-down\"><\/i> <\/a><\/p>\n","protected":false},"author":34128,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6337","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/users\/34128"}],"replies":[{"embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/comments?post=6337"}],"version-history":[{"count":0,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/posts\/6337\/revisions"}],"wp:attachment":[{"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/media?parent=6337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/categories?post=6337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/balldiamondball.com\/blog\/wp-json\/wp\/v2\/tags?post=6337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}