> It's not even a claim to say that the dollar is devaluing against assets, it's just like tautologically what it means that asset prices are booming. Yep. Thi

> It's not even a claim to say that the dollar is devaluing against assets, it's just like tautologically what it means that asset prices are booming. Yep. This is true. The issue is that the OP seemed to suggest that the price of assets (e.g., housing) was wholly explained by the devaluation of the dollar.