The Short Term Dynamic of How We Value Growth

The generally accepted view is that rising inflation, and hence your expectation of continual y rising interest rays have changed the dynamic of how you value growth. I hate the undue certainty that people tend to have about this. Itplies both to the top down and to the bottom arg just as much as i hate people sending me a diagram of precisely what tesla should be valued at. So i don't think itis right to be too dogmatic about this, but let me trya few comments about this. The discount rates is different lande suggest that profets in the future are wore significantly more than they would be under a different manetary regime. Think ther's something odd going here