ALL FIAT CURRENCIES ARE MELTING ICE CUBES

As the U.S. continues to battle inflation, the value of the dollar could drop even further if it loses dominance in global markets.

Ten Reps

9/29/20231 min read

Look at this chart (credit: Charlie Bilello). This is how much your fiat money has lost in purchasing power vs the US Dollar.

Even so, the dollar showed an 8% decline in global reserves last year, leaving many to wonder if the dollar will cease to be the currency of the global economy at some point in the future.

The dollar itself has lost 98% in purchasing power since the gold standard was removed in 1971.

As the U.S. continues to battle inflation, the value of the dollar could drop even further if it loses dominance in global markets.

All fiats are melting ice cubes.

The only protection of your purchasing power is to park your money in hard assets such as bitcoin and gold.

Bitcoin’s annualized return since 2011 is currently 145%.