You Are Losing Money - But You Can Stop It!

You Are Losing Money - But You Can Stop It!

By Scott Cunningham | Crypto & Things | 5 Dec 2020


23.6% of all US dollars were created in the last year. This is a recipe for an economic collapse. You are losing the value of your money at a higher rate than you ever have before. So, what’s the solution?

This affects everyone regardless if you live in the US or not. The only way to counteract this is your fiat currency into something that is appreciating in value or at least not losing value.

This is one article that looks at US money supply over the last year: https://www.thestreet.com/mishtalk/economics/23-6-of-all-us-dollars-were-created-in-the-last-year

This is another link: https://tradingeconomics.com/united-states/money-supply-m2

This is the official data: https://www.federalreserve.gov/releases/h6/current/default.htm

This is the real-time value: https://www.tradingview.com/symbols/FRED-M2/

Consider this. You work for 40 hours a week for $1000. Then when you get your paycheck, you see that you only received $764. You question what happened, but you are told this is how it has to be. You look at other jobs and realize that this has happened to everyone. You are given a raise of 5% for all your hard work and yet somehow you are still only making 81.40% of what you were supposed to earn. This isn’t even taking into account taxes, but this is one way to visualize what’s happening to your income, wealth, and everything you own due to hyperinflation. This hasn’t been fully realized yet, but about 10% has. This will continue to get worse and the only defense is investing in assets. The problem is we can’t see it in this context, and this is only one year… this will continue. You end up fighting a zero-sum game of trying to beat inflation.

This chart lets you see how the USD has performed over a given period of time. I look at the 1 year chart: https://tradingeconomics.com/united-states/currency.

This is a visualization of the loss of buying power for the USD over the past 100 years: https://howmuch.net/articles/rise-and-fall-dollar.

Whether you decide to invest in real estate, gold, bitcoin, stocks or otherwise. You need to action into securing your finance before it’s too late. Now I will say that the stock market may also collapse with the economy, but gold and bitcoin are solid assets. Real estate may be volatile too, but it will always have value.

What are your thoughts on all of this? What are you investing in? Do you think the economy is sustainable? Are we headed for an economic collapse? Let me know in the comments below and don’t forget to like, share, and subscribe as well!


Scott Cunningham
Scott Cunningham

I am the host of Crypto & Things and a huge social blockchain enthusiast using what I believe to be the next level of social communication. I make educational content, review platforms, and interview cool people. Links: http://www.scottcbusiness.com/


Crypto & Things
Crypto & Things

I am the host of Crypto & Things and a huge social blockchain enthusiast using what I believe to be the next level of social communication. I make educational content, review platforms, share my passive & crypto income journey, and most importantly, I get the opportunity to interview and chat with so many amazing people in the blockchain, cryptocurrency, and tech space every week and share it all with you. Links: http://www.scottcbusiness.com/

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