Peter St. Onge

See, we have to use the dollars.

because of legal tender laws, which Lincoln passed and which the Supreme Court unwisely judged, incorrectly judged his constitution.

But at any rate, we have to use dollars.

We're the only country in the world that has to use the dollars.

So foreigners don't want those dollars.

They come dumping back here.

We get inflation that ultimately...

if there's twice as many dollars, then inflation would ultimately be about a hundred percent.

So that would be catastrophic.

The main thing to watch there is does bricks or somebody else get serious about backing with gold.

Yeah, I mean, you know, partly you want to decide what you think the big trend is in the economy.

So, you know, what is the economy producing today?

What do you think it's gonna produce tomorrow?

What are the companies that are gonna benefit from that?

But if you zoom out, you know, what we were talking about earlier, how there's this K-shaped economy where the rich get richer,

That has been bought and paid for.

They spent very good money lobbying to create that economy.

And you're a fool to bet against it, I think.

So when you're looking in the long run, going back to the year 2000, for example, stocks have returned 11% nominal.

That's extraordinary.