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mk  ·  3139 days ago  ·  link  ·    ·  parent  ·  post: Stocks Off Sharply as Market Upheaval Grows

This is all true.

But it should be remembered that in addition to stocks, what people are willing to give you for money changes as well. This time last year, 1 USD would give you 1.08 CAD, today it buys you 1.32 CAD. On top of that, if you want a loan, the bank looks at your in-the-box stock value and your in-the-box house value when determining how good you are for it.

Stocks are a very crazy box, but not even money gets you out of boxes. In fact, if the Fed had it's way, the money box would shrink to 1/2 its size every three decades.