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by alchemist1e9
781 days ago
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Japanese yen is down 20%+ in 2 years. How are property prices in Tokyo in €£$? Nigerian Naira is down 75% in two years. How are property prices in Lagos in €£$? Turkish Lira is down 80% in 4 years. How are property prices in Istanbul in €£$ shall I continue? USD can absolutely have a 50%+ depreciation in next 5-10 years. That is completely possible. Will it lose reserve currency status? No absolutely not. There is no viable replacement. But when we measure in purchasing power or gold or other stable pricing reference it can happen and property prices will not fall in those terms. Printing currency doesn’t strictly cause economic collapse in simply causes a loss in value and faith in the currency. |
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