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33. Stock-to-flow: a deeper look

The Bitcoin Standard Podcast

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The Stock to Flow Ratio Is 0.1

For most market commodities, the stock to flow is in the range of one. For monetary commodities, for commodities that develop a monetary role, you're going to see a stock to flow ratio that rises above one. The higher it rises, the more likely it is to have a monetary role and be used as money. And so we see this across metals. Silver and gold are the only metals whose stock to Flow is significantly different than one.

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