| ▲ | batshit_beaver 12 hours ago | |
What's interesting is that the strength of US dollar vs other currencies is barely budging in the meantime. Seems like everyone else is inflating away their problems too, so it all evens out in the end (unless you're poor with no assets, in any country). | ||
| ▲ | ProllyInfamous 7 hours ago | parent [-] | |
Swiss franc is strongest of fiats — but still fiat. Many historians of many generations contend that debased currencies fail first slowly, then fast. Watching gold has been eye-opening to all living generations. Just a few months ago my lawyer didn't believe me when I told him "gold just broke four thousand dollars!" [day of this post gold hit ATH of $5400] | ||