Hi i'm monolica
คาสิโนA quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."
sagameWhat is USD? Just paper banknotes but that has purchasing power and that purchasing power also depends on supply. Imagine you are the only company that produces smartphones, demand will be huge and your item will be pricey but now see current situation where there are huawei, samsung, apple, sony, xiamo and etc, price are far low cause demand is still high but supply is a lot. Dollar has the same case. Government prints a lot of money so there is a lot of usd in circulation that causes money inflation. Imagine there was very limited supply of water, you would pay a lot just to drink it but when it's like unlimited, it's not pricey.
Btw Germany did great job in improving their economy, it amazes me, so quickly and so highly and from so low economy where prices were changing like timer.