Yet the dollar is at record highs, and commodities are at record highs, and the stock market is at record highs, and real estate is at record highs, and Bitcoin is at record highs. So who is hedging what exactly?
If commodities are at record highs, then the dollar is at record lows. Just because other currencies are inflating more, doesn’t mean the USD is getting stronger.
> Yet the dollar is at record highs, and commodities are at record highs, and the stock market is at record highs, and real estate is at record highs, and Bitcoin is at record highs.
I'm not even sure what this means and what you're trying to say.
One can compare two things, say bitcoin and dollar. Dollar is at record lows compared to bitcoin. It's at record lows also compared to the stock market, commodities, real estate, etc.