Subject: Re: End of an era - profit slowdown
How solid do we think that the inflation assumptions are when looking at past valuations? I'm having trouble wrapping my head around the money printing that has gone on during the last few decades, particularly in the last 3-5 years. As other countries also print money and/or also have increased funds because of the US monetary policy, how do we know/estimate what a reasonable price estimate is for US stocks if international investment increases?