Why Your Savings Are Worthless

The Real Focus Should Be on Currency Devaluation

Carlos Pascual
Asymmetric Finance

Source: Dalle3

I’m genuinely exhausted from saying this repeatedly: if there’s one thing we need to focus on, it’s not valuations, but the devaluation of the currency.

Profits don’t really matter, what truly matters is how much our money is devalued.

Take the U.S. for example — it took the country 220 years to accumulate $12 trillion in debt, yet in just the last four years, that figure has skyrocketed by another $12 trillion.

What previous generations took decades to witness in terms of devaluation, our children have seen it happen before they even set foot in kindergarten.

This is a colossal issue we face, with central banks relentlessly expanding their balance sheets and driving prices higher and higher. As we’ve discussed many times before, this will ultimately lead to social unrest and widening inequalities. Those who are holding tangible, real assets are set to gain massive purchasing power, while those who remain consumers will be left behind.

Fortunately, there are many alternatives to this, which we regularly discuss in the…

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Responses (2)

What are your thoughts?

Where will the interest come from in a zero-sum economy?

I think you know that the fiat regime is responsible for devaluation and that the limited supply of Bitcoin is its primary appeal. If we were to replace the dollar with any currency that could not be arbitrarily reproduced without limits, interest…...

2

This was really helpful in understanding the macroeconomics around debt.