The Current System Does Not Protect What You Own

The constant increase in the amount of money in circulation that the current system allows costs you a lot.

If you live in a rich country, you probably don’t realize the disastrous effects of inflation that has been virtually halted for 40 years.

In poorer countries, this reality is the daily lot of millions of people.

For these people, it is no coincidence that Bitcoin has become Plan A and their only hope for a better future.

Let us return to the example of the United States, which is the world’s leading economic power.

According to the U.S. Bureau of Labor Statistics, current prices are 212% higher than average prices in 1980. Thus, the U.S. dollar has experienced an average inflation of 2.96% per year over the past 40 years.

The real value of the U.S. dollar has declined steadily since 1980.

An American must therefore have $312 in his possession in order for his buying power in 2019 to be equivalent to his buying power of $100 in 1980:

In other words, the U.S. dollar of 2019 lets you buy less things than the U.S. dollar of 1980.

To fully understand the loss of buying power that you are experiencing, this second graph shows the evolution of a $100 buying power over time since 1980:

U.S. dollar’s value evolution over the last forty years clearly shows that you have no guarantee that 1 USD = 1 USD for the future.

The U.S. dollar is devalued year after year by central bankers’ decisions to further increase the money supply in circulation.

Unfortunately, the people have no say in these arbitrary decisions that devalue what they own.

In 2020, a person who would believe that 1 USD = 1 USD is a guarantee for the future would be either a fool or a person with blind faith in the commercial banks, the Federal Reserve, the Department of the Treasury, the President of the United States or the Congress.

In view of past events, this person would probably be a madman!