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Why High Inflation won't Crash the Market?

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Many people thought that high inflation and high interest rate could crash the market. Unfortunately historical data prove it wrong. We have been in high inflation and high interest rate before between mid 70s and 80s. And the market doesn't seems to be impacted by the inflationary pressure. It just keep going up, even though may be the return is lower compared to the return during low inflationary period. It doesn't make any sense though. Any thought on this? Put your comment down below. Appreciate for your thought. Thank you.

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