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A comment on Show HN: M1 Chart – The stock market adjusted for the US-dollar money supply. Parent comment

Re:Show HN: M1 Chart – The stock market adjusted for the US-... by JMTQp8lwXL on Saturday February 13, 2021 @08:31PM (#26128857)
> Money supply does not determine the prices as we have learned over last two decades.

I don't think we can just accept this as fact, based on two decades evidence. The Phillips curve held for much longer for two decades, until it didn't. 2 decades of verified observation cannot be extrapolated into an infinite future.

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Re:Show HN: M1 Chart – The stock market adjusted for the US-... by jkhdigital on Saturday February 13, 2021 @09:16PM (#26129078)
Especially when there is also centuries of past evidence that conflicts with this assertion
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