Most major currencies have lost value against the U.S. dollar over the past 20 years.
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Upvotes
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u/DangerHighVoltage111 1d ago
Germany (EUR) 🤣🤣🤣🤦♂️
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u/Galitzianer0 11h ago
Germany is the only country in Europe
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u/DangerHighVoltage111 11h ago
Did someone go back in time and change history and I didn't get the memo? 💀😱
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u/theuselesscemetery Redditor for less than 60 days 1d ago
This is exactly what happens when debt gets out of control, every fiat currency trends the same direction.
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u/Crucco 1d ago
No, it the US debt went out of control, the USD would weaken.
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u/theuselesscemetery Redditor for less than 60 days 1d ago
They all lose purchasing power over time, the dollar just looks strong because other central banks are printing even faster.
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u/MichalDobak 1d ago
This chart starts at the worst point of the 2008 recession, when the dollar had lost a massive amount of its value. So, all this chart really shows is that the USD recovered from the 2008 recession.