Real estate is not in a bubble.

Stocks are not in a bubble.

Gold is not in a bubble.

#Bitcoin is not a bubble.

The currency we price said assets in is the bubble.

When the currency bubble begins to unwind, we misdirect toward asset prices and excuse new stimulus to keep it up.

Do you think this is a reasonable conclusion?

Reply to this note

Please Login to reply.

Discussion

Things aren’t getting more expensive… The value of the currency is going down.

Yes, reasonable. We don’t know the actual price of anything. Money has been twisted and manipulated for so long that it’s impossible to know what’s real.

That is my thought too. Perhaps all those assets are in a bubble, however I have no idea how much because the currency isn’t such a bubble it dwarves everything else.

Completely agree. Truly impossible to know. The money bubble is such that we’ve moved into some perverse version of capitalism…maybe, narrative driven capitalism? Money printed, pushed and pulled to whatever the narrative of the day is.

More air/inflation in fiat balloon raises the asset basket

But....do u think world derivative market is in a bubble😂😂

Nah, it only a quadrillion or so.

Discover an insightful take 🔶👀

#[0]