I think you misunderstand the chart. It's the valuation in dollars. Note the effects of the market bubble/crash.

That's certainly true. And it's probably very similar to what some Brits said in early 1900s, when the Pound was the global reserve currency. But people will want an alternative, and a number of cryptocurrencies might reasonably be held as a hedge against dollar decline.

Except that gold has outperformed the DJIA since the end of the gold standard under Nixon (Aug 1971), so it's not as though people of my "ilk" are without basis in our consistent criticism of fiat currency systems and inflation.

It's a benefit of positive karma for people who don't post AC (people posting registered with neutral karma only get +1). I turned mine off voluntarily and just use the +1.

Yeah, if you follow conventional wisdom. Which works, until it doesn't. Most likely you're guaranteed to lose purchasing value on a ten year note right now with a yield of 2.264%. Unless you really think inflation is going to be below that over the same time span. The US can't pay its debts without money printing. Between money printing and default, neither makes a 10 year note a great investment at this time. And the dollar won't be the world reserve currency forever.

What is the real estimated return on 10 year notes held to maturity right now?

I'd be really interested in a multiple-currency exchange. Also, why are you getting downmodded "overrated" for an interesting question?

Hahahahahahaha! You're so eager to launch ad-hominem attacks, you can't even be bothered to read that he addressed the Bush regime implicitly:

HAHAHAHAHAHAHAHAHA!

No, MSG is supposed to be the umami flavor.

Ever see GlassDoor? Seems like a great idea.

Uncertainty goes both ways. I never thought of it this way until reading this interesting blog post. Companies don't know how good the worker really is, either.

Nothing amazing about it. It's a system set up by academic boards and educational publishers. Because there's too much money in education up for grabs to those who know how to game the system.

It's probably a lot like the digital TV thing the FCC pushed, where they had a financial stake as individuals in companies poised to benefit from the new regulations. Surely Michael Powell or someone like him is invested in a company which is getting ready to offer part of the "solution".

You gonna eat that?

I probably would be considered more of a Morlock by most people, really, as I'm simply not ready to hand over control of energy markets to collectivist political entities, even though I think there's probably a degree of truth to AGW theory (though the degree to which it's true I am uncertain). I guess I should check my privilege. Or something. Will you please excuse me, I have women and minorities to oppress now.