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FIAT Money all over the world is debasing faster than during Covidians

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Tom Geo

It's all about debate. Great song

Beans of Green

Interesting how the years when Biden was president, the trajectory changed, but when Trump came into office it started shooting back up

Cmoney$$

Confused bc marty claims there has been no new money in the system since the rate cuts started happening, then how is M2 rising so fast jimmy?

P Bear

Yup, Biden was a genius and very in tune with everything. Sharp as a tack they said. No denying he was the greatest and most-respected president ever. And no president could fall going upstairs quite like the amazing Mr. B.

ShadowMoon

Not faster, the slope is not steeper than earlier years.. but man those axis values are hard to read, how come it is not a clean screenshot?

Chewie

Fiat has failed. Question of when BTC becomes the standard

Marina Gadaborshev

We won't get rid of FIAT. It will continue to debase and most people won't know why their money is not going anywhere.

RyHo

I LOVE this argument. Has anyone actually read what the US govt has written into "law (and mind you laws can easily be changed". Until their "clarity" act comes out and specifically tells us AND AND AND AND the Fed Bank gets on board and backs said asset, AND that token/asset actually makes money (unlike XRP and their wishful thinking currently) then as of right now 99% of it is paper scam money and Wall Street just found a new group of suckers.

RyHo

And dont forget; most crypto traders play a very liquid game in the USA and run tokens through trusts/charitable trusts to which they pay themselves and get tax write offs. Meaning, its like an IRA retirement account. They can freely trade on it AND not pay taxes till they pay themselves.

mrbnab

debt per tax payer is 3 bitcoin