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> why people become so paranoid about the value of the dollar when it’s proven to be so incredibly stable Every fiat currency that ever existed collapsed at so
by Hendrikto 3y ago
> why people become so paranoid about the value of the dollar when it’s proven to be so incredibly stable
Every fiat currency that ever existed collapsed at some point.
> Gold is not money. It’s never going to be money again. So why care?
Gold survived all of them. It’s still being used as a financial instrument, after thousands of years, countless wars, changes of government, complete societal collapse and reorganization…
Gold is definitely a safer long-term bet.
- baron816 3y agoGold as a long term bet: https://www.reddit.com/r/FluentInFinance/comments/16upmcj/gold_vs_sp_500_over_the_last_3_decades/ https://www.reddit.com/r/FluentInFinance/comments/16upmcj/go...
- Hendrikto 3y agoWhat’s your point? I can also point to timespans where gold outperformed any other currency. If you make the period long enough, it is all of them.