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Graham wrote on X: “Unless your dollar-denominated net worth has increased by at least 11% this year, you’ve become poorer. The dollar has decreased about 10% in value since Trump took office.”

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[-] reallykindasorta@slrpnk.net 23 points 1 month ago

Graham noted sarcastically that Trump could claim creating “unprecedented billionaires” when measuring in “Trump dollars, which are only worth .9 [Former President Joe] Biden dollars.”

[-] UnderpantsWeevil@lemmy.world 20 points 1 month ago

A feature, not a bug, for gold bugs and domestic in-sourcing advocates. A weakening US dollar plays the same role as the tariffs - driving up the cost of imports and cheapening the labor of American domestics. This is a prelude to the American government instituting a Shock Doctrine on itself. Finally, all those lingering public lands and utilities and amenities can be privatized. A return to Coolidge Era Economics, at long last. Took them nearly a century, but the Republican Revolution will finally be complete.

[-] Alexstarfire@lemmy.world 6 points 1 month ago

Checked my investments. 11.12% gain YTD. Yeah baby. Got my 1% real gain.

this post was submitted on 12 Aug 2025
127 points (98.5% liked)

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