pull down to refresh
I think it's a point about inflation rates driving Bitcoin price, rather than the more trivial point that Bitcoin prices are higher when there's absolutely more money circulating (which is true for everything).
reply
Do You mean CPI? If You only watch the Delta then rising cpi is an asset price killer I guess - at least in some sectors
reply
No, change in M2 is the rate of monetary inflation. That's what we're looking at, correct?
reply
Exactly. Inflation = growth of money supply
reply
To me it makes perfect sense
reply
this is an apples to oranges comparison. YoY% vs price. why? makes no sense