Phat's Bookshelf

Since all currencies are fiat currencies, the dollar is the best currency right now, period. Since gold is traded globally, this isn't surprising. Most internationally traded goods will become cheaper as the dollar strengthens since a stronger dollar has more purchasing power. The stronger the dollar is to the Chinese yuan the cheaper those Chinese imports will be for Americans. The price of gold is also set based on what people in other countries will pay for it, and if their currency is weaker than the dollar then the price of gold will go down with respect to the dollar. Go to a grocery store. They have little signs everywhere that tell you what the value of the dollar is.

Getting back to this claim . . .Of course, this all depends on how far back you go. I'm sure there was some point in history where there was 1/5th the amount of currency in circulation than there is now. That looks to be around 1990-95 according to this chart (select MAX):https://tradingeconomics.com/...n%20in%20January%20of%201959.There was a spike in 2020 because of you know what, but it wasn't a 5x increase. It was about a 20% increase, or a 1/5th increase. I'm guessing that Phat got the denominator and numerator mixed up.

You mean the stuff that only has value because we say it does?

All Democrats are saying is that there is one reality. That seems too much for Republicans to handle given their propensity for inventing fantasy worlds and alternate facts.

Yet another boogey man that Conservatives use to scare people. The only impact CRT has had on society is Conservatives telling people to be scared of it.

Americans don't have standing in African or Middle Eastern courts, and Americans have no say in the governments in those regions. That would be the difference.

It's called being self aware, understanding why you have a privileged position in the world. Why is that disturbing? Fantasies are not a replacement for reality.

Diversification and hedges are always a good idea. I mentioned I bonds before:I bonds — TreasuryDirectThe return on I bonds shifts with inflation so you are always protected. You can buy a max of 10k per year.