Now pause 🐒 If the unit you measure with keeps getting longer… everything you measure will look like it’s growing.
What actually happened? We didn’t just get a stock bull market. We got massive currency dilution.
Stocks went up in nominal terms But when priced against a hard yardstick like gold?
📉 A lot of that “growth” disappears.
Gold didn’t beat stocks because it’s aggressive. Gold beat stocks because it stayed honest.
Gold reflects: → currency debasement → monetary expansion → loss of purchasing power
The S&P 500, when adjusted for money supply, has spent long periods running in place, not compounding.
This is why measuring wealth only in dollars is dangerous.
When you print the ruler: → assets look taller → gains feel real → purchasing power quietly dies
✍️ Conclusion: Gold isn’t screaming “number go up.” It’s calmly saying, your money is shrinking.
And that’s the real lesson since 2000: It wasn’t a historic bull market… It was a historic money-printing cycle.
Measure wisely. 🐒📊
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📏 THE BIG LIE SINCE 2000: GOLD EXPOSED IT
People keep asking why Gold has “outperformed” stocks since 2000.
The answer isn’t magic, fear, or shiny rocks.
It’s the denominator.
Let’s talk numbers⤵️
→ M2 Money Supply (2000): $4.6 trillion
→ M2 Money Supply (2025): ~$22.3 trillion
That’s a 4.8x expansion of dollars in 25 years.
Now pause 🐒
If the unit you measure with keeps getting longer…
everything you measure will look like it’s growing.
What actually happened?
We didn’t just get a stock bull market.
We got massive currency dilution.
Stocks went up in nominal terms
But when priced against a hard yardstick like gold?
📉 A lot of that “growth” disappears.
Gold didn’t beat stocks because it’s aggressive.
Gold beat stocks because it stayed honest.
Gold reflects:
→ currency debasement
→ monetary expansion
→ loss of purchasing power
The S&P 500, when adjusted for money supply, has spent long periods running in place, not compounding.
This is why measuring wealth only in dollars is dangerous.
When you print the ruler:
→ assets look taller
→ gains feel real
→ purchasing power quietly dies
✍️ Conclusion:
Gold isn’t screaming “number go up.”
It’s calmly saying, your money is shrinking.
And that’s the real lesson since 2000:
It wasn’t a historic bull market…
It was a historic money-printing cycle.
Measure wisely. 🐒📊