Y Combinator co-founder Paul Graham warned on Thursday that Americans need an 11% increase in net worth just to maintain purchasing power following the dollar’s significant decline since President Donald Trump‘s inauguration. Dollar Index Shows Sharp ...
No, you’ve become poorer if you didn’t pivot your non-real assets out of the US. I’m beating inflation simply by having shifted to APAC and EU.
One of the problems showcased here is the continued USD-centric thinking.
The USD is no longer a safe bet. I pick the Euro for long term stability, tbh.