Meathead
Diamond Member
Enlighten us, what does store of value mean?So where is the graph showing the dollar in comparison?Listen you idiots. What Trump usually says, however bombastic, is what people shout at theri TVs.
Trump actually talks to people in his way as they are people and not a media spun and holstered device.
If we're paying attention, I'm not the idiot here.
Trup doesn't like crypto because he says its value is highly volatile and based on thin air.
So, Mr. Smart Guy, what's the value of the dollar based on, then? What's the unit of account for just one of them? Trump says it's stronger than ever and desnlt want any competition toward it.
We're trying to better understand his logic. You see?
Will you help us to better understand it?
Trup doesn't like crypto because he says its value is highly volatile and based on thin air.
View attachment 498381
About 37% lower than one month ago......yeah, that's volatile.
Also note that not all cryptocurrency is Bitcoin.
So where are those graphs?
Hmm?
So where is the graph showing the dollar in comparison?
Ummm....the same one.
View attachment 498386
Unit of account......on the left.
Also note that not all cryptocurrency is Bitcoin.
So where are those graphs?
Knock yourself out......
Federal Reserve Economic Data | FRED | St. Louis Fed
Download, graph, and track 823,000 economic time series from 113 sources.fred.stlouisfed.org
Toddster, that doesn't tell us the unit of account for $1
Do you even know what a store of value means?
I thought you were supposed to work in the financial industry.
All you're doing is beating around the bush. You;re hiding from the question.
Come on, man. Defend your guy here.
There is no graph or chart (at least not a valid one anyway) for the unit of account for a dollar.
And you and I know precisely why that is. Right?