After the world transitions to a Bitcoin standard (and equities are demonetized), would PE ratios increase in accordance with a continual decrease in time preference?

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Hey, at least it’ll be a huge improvement for economists to just acknowledge time preference

BROTHER WHER WE'RE HEADED THERE ARE NO CORPORATIONS

Interesting idea. Always assumed hard money would compress it but may be the best companies have higher pes.

Would definitely go through a valley of repricing though