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Bitcoin and S&P 500 Look Weaker After M2 Adjustment
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Bitcoin and S&P 500 Look Weaker After M2 Adjustment
Adjusting asset prices for U.S. M2 money supply growth paints a less flattering picture for both bitcoin and the S&P 500 than headline prices imply. On this basis, the S&P 500 has only recently reclaimed its dot-com-era peak.
BITCOININFLATIONSP-500