USD losing ground

makeithappen (61)in #bitcoin • 7 years ago

The USD is loosing ground fast now.

One of my favourite quotes from Thomas Jefferson is:

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

Do you think that superinflation is coming?

#cryptocurrency #steem #money #market

7 years ago in #bitcoin by makeithappen (61)

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makeithappen (61) 7 years ago

USD is winning some ground again. September will be interesting to see which way we will be heading because we are at a support area.

$1.53

2 votes

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makeithappen (61) 7 years ago

Steemit as a hedge @1,59 USD?

$0.60

1 vote

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makeithappen (61) 7 years ago

Back at 1,19 level. The US debt is close to 20trillion mark. Also japan GDP debt ratio is increasing rapidly. It just can't continue this way without mass inflation.

$0.59

1 vote

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makeithappen (61) 7 years ago

Real time US debt 19.977billion!

$0.58

1 vote

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makeithappen (61) 7 years ago

20.000billion+ now!!!

$0.51

1 vote

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kokoliso (56) 7 years ago

If it weren't for the incredible increases in productivity by automation and internet that are intrinsically deflationary we would be in hyperinflation since long ago.

Anyhow all FIAT currencies tend to reach their true value, zero, sooner or later.

$0.04

1 vote

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