Asset inflation. It’s a thing.

Popular Twitter icon, business commentator, and cultural writer Naval posted these alarming statistics over the weekend.

Asset inflation (~) 2 yrs:

• Non-tech stocks: 33%
• Stocks: 45%
• Tech stocks: 75%
• Crypto: 10x
• Real Estate: 15%
• Oil: —
• Gold: 40%
• Commodities: 25%
• Agriculture: 25%

National savings being spent.

If your portfolio isn’t up 30-50% (taxes), you’ve lost ground.

— Naval (@naval) May 9, 2021

Yikes.

As they say elsewhere on Twitter, this is what happens when #moneyprinter goes #brrrr.