The Euro is collapsing.

Since its inception in 1999, the Euro has plummeted by 40% in value.

To put this starkly: 1 Euro today buys only 60% of what it could back then.

Opt out of fiat.

#Bitcoin is the solution https://image.nostr.build/999e70f724d04d72ade2931b8bfafd754c0322bbef76a27077bdaa91b5d332b0.jpg


⚡ LIVE FREE ⚡


Yikes.😬


That seems way less than the actual loss. Is this measured in dollars or something? How do they calculate value loss here?


Around 1999-2000 EURUSD pair had peaked. So probably this is a measurement against USD.


Inevitability of all fiat currencies
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All fiat currencies are collapsing.


Yes.


Woe to him who amasses what is not his  and makes himself rich with many loans!  How long will this go on?’
Will not your creditors suddenly arise  and those who disturb you awaken?  Then you will become their prey.

Habakkuk 2:6-7


My income went up. Did yours?


BUT MY EXISTING MONEY GETS DEVALUED AND I FORGOT TO SPEND IT OR PUT IT IN A BANK


Is CPI ajusted or gold adjusted or money supply adjusted ?
I'm sure it's more than that


This comparison pertains to the USD pair. I agree that when adjusted for CPI, gold, and money supply, the value should be significantly lower.


If you have skills, you can always earn more.

Mind you, the devaluation is a bit of a problem. We want to be able to save long-term, including retirement.

The best option right now is a stock portfolio, very few people keep cash around.

But the current "cost of living" of crisis is not about that, it's about current earnings not going up as fast as current expenses.

But then you're just on the wrong side of the equation. If you're spending more someone else is earning more because the money doesn't go away ya know?


Oh yeah


Uh oh ol' Habakkuk musta caught a glance at my credit card bill. 😮