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Kynes on 14 May 2012
No, the thing I'm saying, and others, is that Sony now has a normalized market value of a 83% of what it had in 1982, as the accumulated CPI of Japan in these years is roughly a 20%, so now you need a market cap of a 20% more than in 1982 to have the same normalized market cap, so the company has much less value now than 30 years ago. This is why inflation is important.
