All-In with Chamath, Jason, Sacks & Friedberg
Ray Dalio | The All-In Interview
David Friedberg
I always tell people, and everyone screams, oh, the markets are going up, the markets are going up. But I say, the markets are going up in dollar denominated value. And there's more dollars. So, you know, the nominal, meaning that the actual, you know, index might go up, the NASDAQ might go up, the Dow might go up. But if you've got a lot more dollars, a dollar is worth less.
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