/biz/ - Business & Finance

>>29959231
And let me put it into very simple terms here, just because I know it might be confusing for people that arent into financial markets and macro stuff.
>USD has been expanded by around 40% in 2020 alone
this can be measured via M1/M2/M3 money supply, which the Federal reserve used to publish on a weekly basis. This means that in terms of scarce assets (real estate, stocks, precious metals, bitcoin, art) the USD has lost 40% of its purchasing power in a single year. There are reasons as to why you do not necessarily see this quickly as a consumer, it has to do with the way our economies are built to scale and how the quality of goods diminishes quickly over time
>US National debt is not attractive any longer
this is why the market was shaken up last week, the federal reserve pretty much had to buy up all the bonds because people lose confidence in the USA and it's ability to actually generate the tax revenue it needs to make good on the bonds without just inflating the debt away
>the Eurozone depends on a weak Euro
which is hard to do for the ECB because the US abuses it's reserve currency status to basically inflate at insane levels, so the Eur remains 20% stronger, but make no mistake about it, it is also losing value almost as rapidly as the USD
The long and short:
Sell your fiat money for scarce assets that are likely to outgrow inflation (which is around 8-10% over a 10 year period. This means growth stocks or Bitcoin.
For my money, it's bitcoin, as it is perfectly scarce and actually deflationary, which is the antithesis to fiat money.