<oembed><type>rich</type><version>1.0</version><title>Hanshan wrote</title><author_name>Hanshan (npub1lx…6svxa)</author_name><author_url>https://nostr.now/npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxa</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>i completely agree with that.&#xA;&#xA;but let me ask what happens in a highly inflationary environment when Cantillionaires get a shitton of new money?&#xA;&#xA;do you agree Nvidia is accurately valued?&#xA;what about Tesla?&#xA;&#xA;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.&#xA;&#xA;in such a situation people arent aware the price they see in the chart&#xA;isnt the &#34;honest price&#34; or real social utility of the item.&#xA;its because a bunch of degen gamblers think itll go higher.&#xA;&#xA;i think not understanding that is a problem.&#xA;&#xA;you can call it the free market functioning if you like,&#xA;and you&#39;re not technically wrong.&#xA;&#xA;but prices are fucked on a fiat standard.</html></oembed>