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RE: $1 isn't really $1 anymore ?!?

in LeoFinance2 years ago

People under estimated the inflation over all the years and especially nowadays. Yes, they see that everything got more expensive but they can't really understand it is the inflation and devalue of the currency. Someone asked on another site what the world most stable currency is and the vast majorly of answers was the US Dollar. People still think the Dollar is strong and some people even believe it's still backed by gold.

Came from ListNerds and voted there!

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some people even believe it's still backed by gold.

Someone believing that might get hurt in the near future. And talking about "most stable currency", the dollar doesn't even fit in the top 5 with the Swiss Franc, Japanese Yen, and the currencies from the nordic European countries being in front.

Thanks for you reply and vote!