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Title: 2013-03-07 Daily Reckoning - The Dow Hits Procrustean Record Post by: David M on March 07, 2013, 08:15:19 AM http://www.dailyreckoning.com.au/the-dow-hits-procrustean-record/2013/03/07/
Quote Tellingly, US stocks are NOT at an all-time high in terms of gold...or oil...or virtually any other commodity of real world value. They are, however, at an all-time low...adjusted for bitcoin. Title: Re: 2013-03-07 Daily Reckoning - The Dow Hits Procrustean Record Post by: grondilu on March 07, 2013, 08:29:02 AM Quote Or, to switch metaphors, it's easy to declare yourself a giant when you shave 97% off the value of a meter. Measurements matter, in other words. I can't help thinking this guy may have been hanging around here, possibly reading a post where I made a similar analogy (https://bitcointalk.org/index.php?topic=135270.msg1440711#msg1440711) |