Home › Forums › Housing › Peter Schiff: Housing prices will go back to 2000 or lower… › Stocks did outpace inflation
Stocks did outpace inflation from 2003-2007.
… even if you use shadowstats estimates of CPI which averaged 6 to 7% in this period.
Even if you used shadowstats projected M3 money supply growth, stocks outpaced that.
Your mistake is assuming that commodity prices correspond 1:1 to inflation. They do not.
