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> To be fair, the traditional inflation hedge of gold is largely flat over the last year and has underperformed BTC over longer time periods. However, the US do
by danuker 4y ago
> To be fair, the traditional inflation hedge of gold is largely flat over the last year and has underperformed BTC over longer time periods. However, the US dollar index is at 20 year highs!
The USD index is defined in terms of other fiat currencies. It is meaningless; only shows how fast currencies are debasing against each other.
> And many commodities are at 20 year highs to the dollar!
This means the dollar is at its least worth in the past 20 years, so inflation HAS occurred.