Printing money is NOT like a stock split because when a stock splits the share of ownership / value held by existing holders does not change.
If you haven't read what Ross wrote at the end of the year, you should.
https://www.nydig.com/research/stone-ridge-2024-investor-letter
Printing money is NOT like a stock split because when a stock splits the share of ownership / value held by existing holders does not change.
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