The consensus remains convinced that Treasury Bonds are massively overvalued. Here is a brilliant and highly credible explanation why that may be completely wrong, with the bonus of some additional very well reasoned economic insight.
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Dollars Distort Our Understanding of Wealth
Most investors measure wealth in dollars — but what if the ruler itself is shrinking? Since 2000, the S&P 500 is up nearly 5x in dollar terms, yet priced in

