Surviving in an inflated world

Somebody paid 400 million dollars for an ugly painting by Michelangelo. OK, there are many collectors with much money out there and only one Michelangelo. Real estate is expensive beyond imagination, a two room derelict apartment in Tel Aviv sells for one million dollars. Digital tokens like bitcoin are inflated, because anybody who wants to transfer out money from countries like Venezuela and Brazil (and Israel) buys bitcoins and sells it in the USA.

In comparison, commodities and industrial products are stable and cheap, and stocks are reasonably priced. Industrial shares are cheap because they operate in a ferociously competitive environment and hardly survive. Interest rates are lower than the inflation rate, so there is nowhere to put one's savings.

TASE, the Tel Aviv Stock Exchange, is a failure. This year it is 30% behind the NASDAQ. The best companies, like Mylan, are leaving. Should I leave too?