Thanks for the response.

I've heard this argument time and time again, and unfortunately, it's born of naiveté and misjudgement. The narrative you describe is one fed to us by the political powers you yourself deemed to benefit from market irrationality and predictability.

When money is born of nothing, and is given to you to make you feel better about your bank balance, (or so you can 'purchase human labor'), the written value of any market tradable asset is artificially inflated. The beneficiaries live on the sell-side of labor, goods, and investment vehicles. Assets and contractual future labor stray further away from 'fair value' and force you to pay more for labor than you otherwise should.

It's a simple concept. An AP Macroeconomics class would cover it in less than a week.

You're right about one thing though: I am a trader who seeks market inefficiencies to turn a profit. Allow me to pose a question. What do you think happens when psychological traders fade inefficiencies? The market inherently correct itself and establishes fair value. Active volume in any markets--money markets, stock markets, crypto markets, etc.--made up of inefficiency-hunting traders corrects pricing mishaps! How else would any money print consistently? That's just intuitive, and the evidence is in the psychological patterns observable in any market.

So. Good point, and I'm glad you brought it to the table. I appreciate you taking the time to read my work and respond to it with your opinion. It takes healthy, civilized, targeted, objective conversations to make any tangible progress anywhere.