Google and Money Supply, M2
I've read that it's primarily the increase in money supply that's pushing up these valuations.
From a quick look, that only partially explains it.
Google's PE is a bit on the historically high side, trailing 33, forward 26.
But nowhere near previous peaks.
From a quick look, that only partially explains it.
Google's PE is a bit on the historically high side, trailing 33, forward 26.
But nowhere near previous peaks.
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