> People are fleeing stocks (including cryptocurrencies) to hold USD. This is a really wild thought in a high inflation environment. Not that I disagree. Equit

> People are fleeing stocks (including cryptocurrencies) to hold USD. This is a really wild thought in a high inflation environment. Not that I disagree. Equities can lose dollar value on top of the dollar itself losing value. Some portion of it has to be going back to risk-off assets that were not worthwhile in a zero-rate environment.