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i completely agree with that. but let me ask what happens in a highly inflationary environment when Cantillionaires get a shitton of new money? do you agree Nvidia is accurately valued? what about Tesla? the new money seeks the highest-perceived returns. it creates an overbought condition over the entire upper layer of the economy. eventually that new money decide to exit and crashes the market. in such a situation people arent aware the price they see in the chart isnt the "honest price" or real social utility of the item. its because a bunch of degen gamblers think itll go higher. i think not understanding that is a problem. you can call it the free market functioning if you like, and you're not technically wrong. but prices are fucked on a fiat standard.
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