steve dekorte
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2009 11 02      Inflation Adjusted Dow Jones Industrial

Chart

It's not clear to me why a market in a well developed economy would significantly increase in value except nominally through inflation (via money printing) or increasing the distribution reach of the represented products and services overseas.

In the absence of money printing or massive technological change (free energy, human level AI, etc), it seems like it should maintain a relatively steady state with value gradually decreasing as the market matures and margins approach zero.