TLDR
The Consumer Price Index, or CPI, has been near zero for a decade. 90% of all world transactions occur in dollars or currencies that are pegged to dollars. The US dollar is the world’s reserve currency, and everyone who holds dollars or dollar-denominated debt is suffering. From 2020 till now, it surged to about 35% due to increased money printing. If you owned stocks, you watched your wealth rise by 35% last year, but if you didn’t, you could not keep up and got poorer.via the TL;DR App
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Written by ras | Bitcoiner
