Good question. That was exactly the topic with the last so called all time high. People were pumped to have another ATH, but they totally forgot that the dollar itself has lost a ton of value since the ATH at the start of the year. Measured in euros for example, that wasn't even an ATH. But even the euro has lost value, just slower than the dollar.
Maybe we should measure it in silver instead. I've heard that a chicken still costs the same amount of silver as it did 1500 years ago. 😉
