Just like everything else, the dollar is suffering diminishing returns. Coupled with diminishing returns the dollar is also getting weaker.
Here we have a chart on the monthly and we can clearly see its in a downtrend, losing power and favor over time.
The only question that remains is, where are all these printed dollars going?
Comparing it to bitcoin, the bitcoin returns are diminishing as well but unlike the dollar bitcoin is gaining strength. How do we measure this? We do it with the purchasing power. Bitcoin continuously over time buys you more while the dollar buys you less.
My gut and more importantly, the charts claim the dollar has topped here. Lets pay close attention and see as the next couple months will reveal the true intentions of this move the last few months
So now I will ask you, What's in your wallet? Hopefully it's not debt.
Thanks
comments below.
Here we have a chart on the monthly and we can clearly see its in a downtrend, losing power and favor over time.
The only question that remains is, where are all these printed dollars going?
Comparing it to bitcoin, the bitcoin returns are diminishing as well but unlike the dollar bitcoin is gaining strength. How do we measure this? We do it with the purchasing power. Bitcoin continuously over time buys you more while the dollar buys you less.
My gut and more importantly, the charts claim the dollar has topped here. Lets pay close attention and see as the next couple months will reveal the true intentions of this move the last few months
So now I will ask you, What's in your wallet? Hopefully it's not debt.
Thanks
comments below.
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