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The Realities of Money, AI, and the 2024 Recession | Raoul Pal PT 1

Tom Bilyeu's Impact Theory

NOTE

Price Reflects Inflation Caused by Money Printing

The S&P 500 price is influenced by the Fed balance sheet rather than company performance. The price adjustment is driven by the inflation caused by printing money, creating an optical and money illusion as the price rises to reflect the increased inflation.

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