Most people's minds are blown when they realize that S&P 500 largely just acts as a volatile hedge to monetary inflation, which is also volatile. nostr:nevent1qqs2jjl8s9kr80hj65mazdhmjz592lvefj0qswsvunu4ngwtups434gpz4mhxue69uhk2er9dchxummnw3ezumrpdejqygx6kmrqvhzrnwd6lv9s78l45rrgyuauuhqetxjptzkk5uy9rag8kcpsgqqqqqqs0527xl
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With monetary inflation, it is even more interesting - we have no idea what monetary inflation there is. Thanks to shadow banking and eurodollar, no one knows how many dollars are in circulation. Even tether, dai, lusd are electronic form of dollars, in circulation, causing rising prices...