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A comment on Show HN: M1 Chart – The stock market adjusted for the US-dollar money supply. Parent comment
I think it's a pretty reasonable look at the value of stocks in something tangible.
Maybe you could compare the stock market to the price of a gallon of milk or something, but gold is a fairly natural choice.
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I think it's a pretty reasonable look at the value of stocks in something tangible.
Maybe you could compare the stock market to the price of a gallon of milk or something, but gold is a fairly natural choice.