It’s a question rather than a comment because I haven’t quite got my head round it, but what would the charts look like if they were inflation adjusted.
We all know fiat currencies are routinely devalued to reduce the real value of sovereign debt which is the only way any of the major currencies have any hope of paying down the existing massive debt burden they have
Hi Colin, in answer to your question which I can no longer seem to find, Charlie is a good mate whose opinions I have a lot of time for. I actually did that video for his channel but as a favour I offered to put it on mine which has a bigger audience.
It’s a question rather than a comment because I haven’t quite got my head round it, but what would the charts look like if they were inflation adjusted.
We all know fiat currencies are routinely devalued to reduce the real value of sovereign debt which is the only way any of the major currencies have any hope of paying down the existing massive debt burden they have
Good to know you’re coming up to God’s country 👍
Hi Colin, in answer to your question which I can no longer seem to find, Charlie is a good mate whose opinions I have a lot of time for. I actually did that video for his channel but as a favour I offered to put it on mine which has a bigger audience.
I wonder what gold is like vs the FTSE. I'm increasingly thinking, from a UK perspective,
gold is almost like an exposure to $, except with it's own potential upside.
BTW car guys say FIAT stands for "Fails Immediately, All the Time". Bar the "Immediately " , could this be used for currencies as well? 🤣