patrick.net

Stocks and homes are assets priced in U.S. dollars -- therefore, their
soundly shown price histories are inflation-adjusted ("real"). But,
such histories are seldom seen, because: Well apparent therein are our
nation's serial, massive mispricings!

Look at this rare one from the 1999 Wall Street Journal (the Dow):

Look at this rare one from the 2006 New York Times (homes):

Holy cow! Think they would get updated a lot!? NOT in our USA, where it's
"Fool ‘em if you can!”. BUT, here they are up to date, by a citizen:


See why they are seldom shown? -- roller coaster reality is NOT good
advertising!
QE is "Quantitative easing”, an unconventional monetary policy: Central bank
prints money to buy financial assets.
http://en.wikipedia.org/wiki/Quantitative_easing

Here together are the above two.

From http://www.showrealhist.com/RD_RJShomes_PSav.html
which includes current mispricings, as reckoned, just below the chart.

^*"The financial crisis that afflicts the country is largely a result of speculative bubbles, built on false hopes, in the housing and stock markets.” Robert J. Shiller (Yale Professor, Nobel Laureate 2013), here: http://www.nytimes.com/2008/11/09/business/09shiller.html

#housing