2 ms·
> MSFT gained 30% over 6 months (that's compared to pre COVID levels), what's changed that much? 1) assets are denominated in dollars 2) the amount of dollars
by johnvanommen 6y ago
> MSFT gained 30% over 6 months (that's compared to pre COVID levels), what's changed that much?
1) assets are denominated in dollars
2) the amount of dollars in circulation has increased about 40% in 2020
3) Therefore, asset prices go up
That's all there is to it.