What evidence is there that the USD is depreciating? | Hacker News

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		TenJack on June 5, 2021 \| parent \| context \| favorite \| on: El Salvador to adopt Bitcoin as legal tender What evidence is there that the USD is depreciating?

lowkey on June 6, 2021 | [–]

1 year price inflation rate:

#BITCOIN: 543% LUMBER: 372% CORN: 126% COPPER: 104% GASOLINE: 69% COFFEE: 56% HOME SALES: 16%

US DOLLAR: 2% if you believe the official CPI

bombcar on June 5, 2021 | [–]

It’s down relative to Bitcoin. (People will say this with a straight face).

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