Dollar Recent History

in #steem7 years ago

Remember where you were one calendar year ago? I offer the following charts to jog your memory. a1drjohnthumb.JPG

First let's look at a daily chart of the Steem price.

steemyear.png

The price of Steem was about 1/3rd of a dollar ( $.33 ). We are now at $2.24. That is almost 7 times higher.

Now let's look at the US dollar index.

dollar-year.png

One year ago the dollar index was about 100. Today it is just over 90. Roughly, the dollar is worth 10% less today than one year ago.

The lesson is where you put your trust. I personally have zero faith in the dollar. History shows that all fiat currencies have failed. The value of a dollar is heading to zero. It will become worthless.

Here is today's beauty. You might consider the value of saving jelly-beans rather than dollars.

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Silver and gold to help you make it through. All I can say about your picture is it is pure sugar and while I always eat them but the resulting sugar high is not worth the enjoyment of eating them. Have a great day.

Nailed it , that's the reason why I put all my trust and love in crypto rather than fiat . Good days ahead :)

Wrote about a very good topic. Very bad condition of our country. The price of food is increasing day by day but the value of the money is decreasing. It is difficult for people to live life. Employees are struggling to run the life with their little salary.

So, the point is we do not have to be too hopeful on the dollar, is that so?
i believe what you say is true john.
but other than steemit do you have income from other ways? or have enough deposits? please teach how to invest