Post
Topic
Board Economics
Re: Buy Crypto Or Have Fun Staying Poor!
by
kaya11
on 16/01/2022, 23:46:40 UTC
If you're still primarily holding fiat, you're not paying attention to what we do here on a daily basis. Inflation, according to Elon Musk, is the most regressive of all the tasks. The US dollar has been the strongest currency for the past 100 years, yet it has lost 95% of its purchasing value since 1913. Fiat currency will always lose value over time, but cryptocurrency will always gain value over time; the two are moving in different directions. According to recent studies, 40% of all US dollars in circulation were printed in the last twelve months. Every day, they are printing away our wealth. Opt out and invest in cryptocurrency instead.



How true that 40 percent of all circulating supply of Dollars was printed just last year? It is hardly a fact, in those 100 years of existence how come it is possible? It is very alarming at this rate maybe in the next 12 months another 30 percent or more will be printed? America's economy is a sinking boat in that case?