08-14-2021, 11:54 PM
Your dollar just lost 5.2% of its value in buying consumer goods, in 1 year.
<!-- SC_OFF --><div class="md"><p>Consumer Price Index (CPI) inflated 5.4% in 1 year from June 2020 to June 2021.</p> <p>The Fed plans to print 65.9% more US dollar bills in 2021 from 2020 - Which is $430B. And this is only just paper currency.</p> <p>The national debt increased $2T in the span of a year.</p> <p>M2 U.S. money supply has has increased 26% since February 2020 to 2021.</p> <p>Bitcoin up 300% since last year.</p> <p><a href="https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm">https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Iiau_"> /u/Iiau_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p42m9w/your_dollar_just_lost_52_of_its_value_in_buying/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p42m9w/your_dollar_just_lost_52_of_its_value_in_buying/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Consumer Price Index (CPI) inflated 5.4% in 1 year from June 2020 to June 2021.</p> <p>The Fed plans to print 65.9% more US dollar bills in 2021 from 2020 - Which is $430B. And this is only just paper currency.</p> <p>The national debt increased $2T in the span of a year.</p> <p>M2 U.S. money supply has has increased 26% since February 2020 to 2021.</p> <p>Bitcoin up 300% since last year.</p> <p><a href="https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm">https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Iiau_"> /u/Iiau_ </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p42m9w/your_dollar_just_lost_52_of_its_value_in_buying/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p42m9w/your_dollar_just_lost_52_of_its_value_in_buying/">[comments]</a></span>Kind Regards R
