this post was submitted on 12 Aug 2026
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If you compare it with Gold - against which the USD moved in lockstep until the US left the Gold Standart - it's a lot worse than just a 50% loss since 2013, more like a 65% of value.
The fall is probably the same in terms of real inflation (as actually felt by people in terms of how much less their money buys) - the official inflation figures understate inflation (probably because the mathematical calculation for GDP involves raw GDP being deflated by inflation, so the less the official inflation is the more politicians can harp about how much they made GDP "grow") and this has been going on for decades, which is why a single blue collar salary that used to be enough for a good house, a car and the expenses for a family of 5 in the 60s, now can barelly pay the rent of small appartment in a major city.
That's because the Bretton Woods system set the price of gold to $35 per troy ounce. It would be dumb to pay more than $35 per ounce on the market because you could just exchange $35 for an ounce of gold from the government.
Gold is just massively inflated compared to the USD because people do not understand the benefit of fiat currency.
I find it hard to believe that people actually think gold is less volatile than the USD when it has inflated in "value" by 12,516.60% in the last 50 years. If you don't think that the vast majority of that increase isn't due to over speculation then I have a bridge to sell you.