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What I'm watching... 👀

The fiat brains are astonished by the INCREDIBLE STRENGTH OF THE US DOLLAR, as shown in the $DXY daily chart, which is up nearly 7% since the beginning of 2024.

Relative to other nation state fiat currencies, this is quite a bold move.

However, what fiat-brained economists, journalists, and their teleprompter writers fail to understand is that the US dollar has actually lost -52% in real (#bitcoin) terms over the same time period.

Their "dollar wrecking ball" has basically been cut in half over the past year, when using an appropriate measuring stick.

Lesson:

Choose your denominator wisely, or you will be as foolish as a fiat brain.

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Ghost of Truth 1y ago

Nice attack on MSM, Doc! This sector had been my fiat mine for over 26 years. And it was terrible. Have a nice week-end

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