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Stock prices also go up when dollar loses value. When our dollar was backed by gold it was $35 an ounce and now it is backed by faith and worth around $950 an ounce. People are still losing their jobs and homes.
World war 2 the people backed the debt with savings bonds, now the country turns to Japan, China and oil exporters. Americans never seen a rainy day so they spend more than they make. The debt clock is 11.7trillion and growing. The politicians have proven they do not know how to spend money to benefit the people.
We will never go back to the way things were. We are living in a false reality. It takes loans, cheap materials, cheap foods, cheap labor, credit cards to maintain the lifestyle right now.
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