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Benjamin Davies commented on idea #4141.
#4141·Dennis Hackethal, 5 days agoApparently, stocks have fallen since the dot-com bubble when measured in gold instead of dollars: https://x.com/elerianm/status/1976237139185574170
Some comments suggest measuring stocks in gold is arbitrary, others say this development is simply due to inflation.
Are they right or is this development a deeper sign that the economy is in trouble?
Funny you bring this up the day gold makes its biggest single-day USD move in history 👀