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. 🐒📊