Why is "end of Bretton Woods" before "1933 deval"?
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30 sats \ 2 replies \ @kr 23 Feb
i think because the x-axis isn’t actually time, it’s volatility. so all the bubbles are sorted based on factors other than time
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Thanks. So, is each bubble a commodity-year, then?
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30 sats \ 0 replies \ @kr 23 Feb
i think it’s a commodity-month
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I've no idea what's going on that graph it looks like piss or whatever
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25 sats \ 3 replies \ @kr 23 Feb
so if i’m reading this one correctly, it’s basically saying that the excess growth of money supply is correlated to bitcoin outperformance (which is more volatile and has higher upside than gold or silver)?
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this chart goes back to 1700 and shows the price change for gold, silver, and more recently Bitcoin (vertical) against their 12-month volatility (horizontal). Until 1970, gold’s price was fixed under the gold standard and later the Bretton Woods system, but since the dawn of the Fiat Era (1970-present), the volatility of both gold and silver (and now Bitcoin) have waxed and waned to reflect the prevailing monetary and inflation regimes of the time
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but this chart isn’t actually a time progression, right? it says the x-axis is volatility
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What's the significance of the location of the bubbles, how they're drawn? Are they separate datasets?
It says the x-axis is the 12-month volatility. As we move along the x-axis and have assets with increasing 12-month trailing volatility, we expect to see increasing returns on a 1-month time frame. This makes sense, higher volatility higher returns.
The fact that the bubbles (even silver) have show up in colored clusters gives us an idea of the how each assets is grouped in different volatility ranges? OP halp
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