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Dollar’s 10% slide under Trump has cost you — Paul Graham issues stark wealth warning and explains how much
The Economic Times· 2025-10-07 12:44
: Y Combinator co-founder Paul Graham is sounding the alarm for Americans’ wallets, warning that many may be poorer than they realize, even if their bank balances haven’t changed. In a post on X (formerly Twitter), Graham said that Americans need at least an 11% increase in their net worth just to keep up with the dollar’s decline since US president Donald Trump’s inauguration, as per a report. His warning comes amid a notable weakening of the US dollar, which has quietly chipped away at purchasing power.H ...