Tapering my ass. They can't taper shit. They knew the money they printed last year and this year was going to cause inflation yet they did it anyway. Now you believe they are going to take that money back? Then why did they print it in the first place?
Maybe they will taper some but it won't last for long and the moment stocks start crashing, they'll print even more.
That is what happens when people dont work to produce goods and get free money from the government and there are only few to produce goods, workers are at homes, less supply and still same or higher demand = inflation, prices rise. Competition drives prices down, no competition drives prices up, economics 101. Anyway, as tapering happens and people dont get anymore that free money from the government then they will have to go back to work and earn the money, product prices will once again drop because competition will once again be fierce. Anything that was overvalued during the pandemic will crash, ie. stocks, crypto etc... and subsequently, gpu price too and other things.
I agree with you that the price on world exchanges does not correspond to the situation in the world.
If the share price falls, then the cryptocurrency market may even rise, because Bitcoin can be the world's new gold, because its quantity is limited and inflation is very low. It's the same with Ethereum.