Gotta be somewhere in the hundreds of trillions i would say, if not eventually all value #asknostr
(felt like quoting would obscure the fact that this question was not asked to me) nostr:note1p8z78ekueeq3zevl32lw5sf4mtyxp3xa6d5f3yyd5p7z2yw240vsmdv23a
The highly rational answer is half, $450T. Half the world is money, half is other stuff. I respect that answer, fair lower bound.
Personally, I think more like $700T or 3/4ths because of the disgusting amount of leverage and monetary premium on equities and real estate, plus bonds and money are pure monetary premium.
P.S. don’t forget to divide by the fraction to give equivalent purchasing power in today’s dollars. 😉
real value is in real wealth, not money. the value of money is the percent of liquid capital a market values as a medium of exchange
