From 3% down to -3%
Oct 29, 2021
now let’s look at the situation in “real” terms (adjusted for inflation)
in 1880 the dividend yield was 6% and inflation was 3%
real return on capital was 3%
today (10/29/2021) the dividend yield is 1.29% and inflation is 4.29%
real return on capital is -3%
invest your money and lose 3%
what does it say about the capitalist system?
