DrJeff 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).
Published at
2025-01-15 20:53:14Event JSON
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"content": "The dollar \"wrecking ball.\"\n\nlol... against other fiat currencies, sure. \n\nThe $DXY is up about 12% over the past five years relative to basket of other major currencies.\n\nHowever, in real (#bitcoin) terms, the dollar has lost -91% of its value over the same time period.\n\nLESSON:\n\nChoose your financial denominator wisely... or you may be chronically mislead (and debased). \n\nhttps://m.primal.net/NiNy.png ",
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