One pie is worth 3.8 million US dollars. Why do you say that?
The total global monetary liquidity hit a record high of 80.75 trillion!
After the US interest rate hike in 2022, market liquidity fell by 7.6%. From the beginning of 2024, liquidity began to rise and reached the current 80.75 trillion. There is more money in the market!
If the pie completely replaces the global monetary liquidity today, the total global currency volume (80.75 trillion) / the total amount of pie (21 million) = 3.8 million.
So, one pie is worth 3.8 million US dollars!
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