The dollar will keep devaluing long term, not just because of the inflation and the printer go brrr, but also because the most adequate world economies are giving up on it as the reserve currency. Euro, yuan, even the Russian ruble if you feel adventurous, and of course gold.

    • Dinkdink [none/use name]
      ·
      3 years ago

      The problem is that every other country's currency is worse. If anyone wants to mess with the USD there are a dozen aircraft carriers waiting to drop a smart bomb on your place of business. The US doesn't give a shit if it's full of babies, they'll do it anyway.

      The USD's strength is that you can use it anywhere, and anyone will gladly accept it. Can that be said of Chinese yuan?

    • MarxMadness [comrade/them]
      ·
      3 years ago

      That's a fair point, but it's a lot different than "printing too much money will cause inflation."