Unit of Account

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PlanBยท 2025-08-28 15:07
How will there be diminishing returns when debasement is exponential?All asset prices increased exponentially last 10y (driven by money printing):- gold 3x (~$1k to ~$3k)- S&P 3x (~$2k to ~$6k)- bitcoin 250x (~$400 to ~$100k)IMO it is a unit of account phenomena. https://t.co/uwCrm926xT ...