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When hundreds of billions of foreign reserves are released from overseas and spent, where do you think they go? They mostly recycle back where they came from. That increases the domestic money supply and we get inflation. Please don't fall for the dollar as a store of value. It's only a medium of exchange. The money supply has tripled in the last 10 years. It will at least double in the next ten. Stocks are simply inflating up at this point. It has nothing to do with earnings. Foreigners are also net buyers of U.S. large cap stocks as domestic is still net sellers. Overseas buying is outweighing domestic selling by 4 to 1 last time I checked.
Last edited by NoRush993/951; 01-18-2017 at 05:43 PM..
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