FoxtrotDeltaTango@sh.itjust.works to Lemmy Shitpost@lemmy.world · 6 days agoTerribly performing memecoinlemmy.worldimagemessage-square12linkfedilinkarrow-up1212arrow-down15file-textcross-posted to: [email protected][email protected]
arrow-up1207arrow-down1imageTerribly performing memecoinlemmy.worldFoxtrotDeltaTango@sh.itjust.works to Lemmy Shitpost@lemmy.world · 6 days agomessage-square12linkfedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareGlowstick@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down5·6 days agoJust because i hate people being misinformed about what’s true, the US dollar hasn’t lost value since 2013. Click “full chart” and pinch zoom to see data starting from 2013 https://www.tradingview.com/chart/?symbol=TVC%3ADXY
minus-squareMontagge@lemmy.ziplinkfedilinkarrow-up21·6 days agoThat’s when compared to other currencies. It has lost value when compared to itself in 2013. https://www.macrotrends.net/4534/cpi-purchasing-power-of-the-dollar
minus-squareGlowstick@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down6·6 days agoWell according to that measure the us dollar has lost purchasing power every single year since 1955. (excluding 2008). And that’s the most important measure! But it still totally invalidates the point of the meme
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up4·6 days agoThe point of the meme is that our inflation is bad.
Just because i hate people being misinformed about what’s true, the US dollar hasn’t lost value since 2013.
Click “full chart” and pinch zoom to see data starting from 2013
https://www.tradingview.com/chart/?symbol=TVC%3ADXY
That’s when compared to other currencies. It has lost value when compared to itself in 2013.
https://www.macrotrends.net/4534/cpi-purchasing-power-of-the-dollar
Well according to that measure the us dollar has lost purchasing power every single year since 1955. (excluding 2008). And that’s the most important measure! But it still totally invalidates the point of the meme
The point of the meme is that our inflation is bad.