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@julieb70 Idk if you are a troll or not but if you don’t intend to respond to questions then I think there is not much point to debate.

@julieb70 Yes the market outgrew inflation by about 4% a year. Also are you claiming that public investors are necessary for accurate asset pricing? It seems like you’re putting forward some intuitive opinions which the general mass of economist would disagree with.

@julieb70 Basis?