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The dollar went down, so you needed less "real" money to be a dollar millionaire.
by gk (g k quattro due due sette "at" gmail.com) on Thu Mar 11th, 2010 at 03:01:37 PM EST
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Probably not a lot of impact there unless the wealthy were putting all of their assets in currencies, which would be pretty risky.  There wasn't much movement in the major currencies over the year.  Dollar was down a few cents against the euro and pound.

But the dollar was up in 2008 after the panic hit and everybody dove for liquidity, and the number of millionaires still declined a lot.

All this really means is that asset prices were up in 2009.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Thu Mar 11th, 2010 at 05:35:48 PM EST
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