BankSith on Nostr: Loss of Purchasing Power vs Gold since 1971: 🇯🇵 Japanese Yen: Since 1971, the ...
Loss of Purchasing Power vs Gold since 1971:
🇯🇵 Japanese Yen: Since 1971, the Japanese Yen has lost around 98% of its purchasing power against gold.
🇺🇸 US Dollar: Since 1971, the US Dollar has lost around 98% of its purchasing power against gold.
🇨🇭Swiss Franc: Since 1971, the Swiss Franc has lost around 92% of its purchasing power against gold.
🇪🇺 Euro: The Euro was introduced in 1999, but its predecessor, the European Currency Unit (ECU), can be used for comparison. Since 1971, the ECU/Euro has lost around 97% of its purchasing power against gold.
Loss of Purchasing Power vs Bitcoin since 2009:
🇯🇵 Japanese Yen: Since 2009, the Japanese Yen has lost around 99.99% of its purchasing power against Bitcoin.
🇺🇸 US Dollar: Since 2009, the US Dollar has lost around 99.99% of its purchasing power against Bitcoin.
🇨🇭Swiss Franc: Since 2009, the Swiss Franc has lost around 99.99% of its purchasing power against Bitcoin.
🇪🇺 Euro: Since 2009, the Euro has lost around 99.99% of its purchasing power against Bitcoin.
👇🏻
Commodity-based currencies, like Bitcoin, outperform fiat currencies over the long term. Hard assets have a production cost that limits their supply, while fiat currencies can be printed at will by politicians with virtually no cost. This unchecked printing not only contributes to permanent national debt but also leads to a consistent erosion of purchasing power through ongoing inflation.
#proofofwork #gold #silver #bitcoin 🧡
🇯🇵 Japanese Yen: Since 1971, the Japanese Yen has lost around 98% of its purchasing power against gold.
🇺🇸 US Dollar: Since 1971, the US Dollar has lost around 98% of its purchasing power against gold.
🇨🇭Swiss Franc: Since 1971, the Swiss Franc has lost around 92% of its purchasing power against gold.
🇪🇺 Euro: The Euro was introduced in 1999, but its predecessor, the European Currency Unit (ECU), can be used for comparison. Since 1971, the ECU/Euro has lost around 97% of its purchasing power against gold.
Loss of Purchasing Power vs Bitcoin since 2009:
🇯🇵 Japanese Yen: Since 2009, the Japanese Yen has lost around 99.99% of its purchasing power against Bitcoin.
🇺🇸 US Dollar: Since 2009, the US Dollar has lost around 99.99% of its purchasing power against Bitcoin.
🇨🇭Swiss Franc: Since 2009, the Swiss Franc has lost around 99.99% of its purchasing power against Bitcoin.
🇪🇺 Euro: Since 2009, the Euro has lost around 99.99% of its purchasing power against Bitcoin.
👇🏻
Commodity-based currencies, like Bitcoin, outperform fiat currencies over the long term. Hard assets have a production cost that limits their supply, while fiat currencies can be printed at will by politicians with virtually no cost. This unchecked printing not only contributes to permanent national debt but also leads to a consistent erosion of purchasing power through ongoing inflation.
#proofofwork #gold #silver #bitcoin 🧡