theprogressivist @lemmy.world to politics @lemmy.world · edit-27 months agoTrump advisers are plotting to deliberately devalue the dollar if he’s re-elected, report sayswww.independent.co.ukexternal-linkmessage-square68fedilinkarrow-up1339arrow-down17
arrow-up1332arrow-down1external-linkTrump advisers are plotting to deliberately devalue the dollar if he’s re-elected, report sayswww.independent.co.uktheprogressivist @lemmy.world to politics @lemmy.world · edit-27 months agomessage-square68fedilink
minus-squareSwingingKoala@discuss.tchncs.delinkfedilinkarrow-up1·7 months agoNow compare the USD to stocks, gold, yadda… you know, not other currencies that devalue faster.
minus-squareKevonLooney@lemm.eelinkfedilinkarrow-up1·7 months agoYou have to compare apples to apples. But also, gold is not a good inflation hedge on short timescales (years). It only really holds its value over a hundred years.
Now compare the USD to stocks, gold, yadda… you know, not other currencies that devalue faster.
You have to compare apples to apples. But also, gold is not a good inflation hedge on short timescales (years). It only really holds its value over a hundred years.