The dollar is heading for its worst year since 1973, falling more than 10% year-to-date while nearly every other major asset class explodes upward. Just last night, Bitcoin hit a new all-time high of $125,000, pushing its total market value to $2.5 trillion, as Cryptopolitan reported. Gold is now close to $4,000 an ounce after […]
  • chisel@piefed.socialEnglish
    12·
    9 days ago

    Well, 25 years is a long time. Using actual numbers sourced below, we’re looking at 88% inflation since then. It sounds high, but that’s only 2.5% per year, which is widely accepted as the ideal inflation rate, so it’s actually a pretty good number.

    Keep in mind this article was written by a crypto company with every incentive to shake your trust in the dollar so that you buy their totally cool and amazing investment nftcoin.

    According to this calculator, a 2025 dollar is worth $1.88 in 2000, and they quote the Bureau of Labor Statistics as the dollar having 53% purchasing power as compared to 2000.