🇮🇷 Iran has issued a new 10,000,000 Iranian Rial note today, worth just $7. https://t.co/btef2P8Bcv ...

🇮🇷NEW: IRANIAN RIAL NOW WORLD'S LEAST VALUABLE CURRENCYThe Iranian Rial has hit a new record low. Per reports, it is now the world's least valuable currency,"...The currency opened trading this morning with another sharp drop and is now trading at around 1.67 million rials per U.S. dollar," @visegrad24 reports.The currency has lost 16% of its value since Sunday. ...

Mr. . President, with the current value of the dollar, you think it's declined too much. No, I think it's great.I mean, the value of the dollar. Look at the business world. No doubt that it is doing great.You know, it's very interesting. If you look at China and Japan, I used to fight like hell with them because they always wanted to devalue their. Yeah.And, you know, the yen and the one and they'd always want to devalue it. They devalue, devalue, devalue. And is it not fair that you devalue because it's ha ...

RT Peter Girnus 🦅 (@gothburz)I'm a Reserve Manager at a central bank.My job is buying gold.297 tons this year.Quietly.While we print money.Loudly.Gold hit $5,000 an ounce yesterday.We've been buying since it was $1,800.That's called "reserve diversification."Diversification means we don't trust our own currency.But we can't say that.So we say "diversification."The Governor went on television last month.He said inflation is "anchored."Anchored means 6%.Used to mean 2%.We moved the anchor.That's monetary poli ...

Group 1 - Currency devaluation impacts all investors, necessitating investment in products that outperform inflation [1] - The STKd 100% Bitcoin & 100% Gold ETF (BTGD) will be analyzed for its potential as an investment option [1]

In 2016, this Japanese company issued a public apology. For the first time in 25 years, they were hiking the price of a popular ice cream by 10 yen, or about $0.06%. And they were deeply sorry.Now, in any other country, this might have been an overreaction, but in Japan. Inflation is just completely alien as a concept. For three decades, the country saw stagnant or even decreasing prices, which is why a 10 yen price-hike for an ice cream was such a big deal.But a huge slide in the yen is helping change that ...

Core Viewpoint - Billionaire investor Ray Dalio warns that all major fiat currencies are "in trouble" due to unsustainable debt levels, predicting significant currency devaluation similar to historical periods in the 1930s and 1970s [1][2]. Currency Devaluation Mechanics - Dalio emphasizes that "money is debt," explaining that fiat currency represents a promise to receive payment. As governments accumulate unsustainable debt, such as the United States' $38 trillion, they are compelled to devalue their currency to manage these liabilities [2][3]. - Developed nations are trapped in a cycle where raising taxes or cutting spending sufficiently to balance budgets could lead to social unrest, leading policymakers to print more money, which dilutes currency value [3]. Structural Economic Challenges - This issue is not limited to the U.S.; similar dynamics are observed in the UK and France, where the political cost of austerity is deemed too high. The UK's instability, evidenced by the turnover of four prime ministers in five years, highlights the economic pressures faced [4]. Shift to Gold - As confidence in fiat currencies diminishes, central banks are increasingly selling debt-based assets and purchasing gold, which Dalio describes as the "oldest money" and a non-liability asset. This shift is seen as a defensive strategy against impending devaluation of paper money [6]. - The U.S. Dollar Index Spot has decreased by 9.63% year-to-date, while Gold Spot has reached $4,550.11 per ounce, marking a 67.25% increase over the year [7]. ETF Performance - Performance data for dollar ETFs shows varied results, with the Invesco DB U.S. Dollar Index Bullish Fund down 9.07% year-to-date, while the Invesco DB U.S. Dollar Index Bearish Fund has gained 10.25% [8].

Argentina’s central bank said it would allow the peso to move more freely, responding to investors who have demanded President Javier Milei’s government correct an overvalued currency. https://t.co/HcZWJGKfNi ...

JUST IN: India’s rupee falls to a fresh record low of 90 per US dollar https://t.co/q3K6aOvUVI ...

Taiwan’s secret economic weapon? A deliberately weak currency. It’s made the island’s exports dominate globally—but left everyday Taiwanese paying the price at home https://t.co/lQx853URS7 ...