Dr. Jeff on Nostr: The dollar "wrecking ball." lol... against other fiat currencies, sure. The $DXY is ...
The dollar "wrecking ball."
lol... against other fiat currencies, sure.
The $DXY is up about 12% over the past five years relative to basket of other major currencies.
However, in real (#bitcoin) terms, the dollar has lost -91% of its value over the same time period.
LESSON:
Choose your financial denominator wisely... or you may be chronically mislead (and debased).
lol... against other fiat currencies, sure.
The $DXY is up about 12% over the past five years relative to basket of other major currencies.
However, in real (#bitcoin) terms, the dollar has lost -91% of its value over the same time period.
LESSON:
Choose your financial denominator wisely... or you may be chronically mislead (and debased).