Only hold money in US dollars that you can afford to lose. Buy #Bitcoin 💰.
Despite higher interest rates from the Fed, CPI inflation has stabilized at around 3-4% year-over-year, well above the Fed's target of 2%.
The difference is significant:
At 2% inflation, the purchasing power of the dollar is cut in half in about 35 years.
At 3-4% inflation, the purchasing power of the dollar is cut in half in just 23-17 years.
To make things worse, the CPI inflation rate is manipulated lower by the Bureau of Labor Statistics, so the purchasing power of the dollar is actually declining at a rate faster than 3-4%.
Assuming the real inflation rate is closer to 5-6%, the purchasing power of the dollar is cut in half in just 14-12 years.
High inflation makes the dollar unusable as a long-term savings tool. People will choose to use #Bitcoin instead.
