In 1971, one US dollar bought you 1/35th of an ounce of gold.
Today that same dollar buys you 1/5,085th of an ounce.
The dollar didn't get weaker. It worked exactly as designed.
Fiat currencie...
No, the dollar is doing great ATH in terms of purchasing power.
You mean the fake dollar: FEDERAL RESERVE NOTES a.k.a worthless promissory notes issued by a private bank with no reserves…
You mean the fake dollar: FEDERAL RESERVE NOTES a.k.a worthless promissory notes issued by a private bank with no reserves…