The US dollar is quietly stealing everyone’s purchasing power. From January 2020 to now, according to this chart: 美国 The purchasing power of the dollar has evaporated by about 23.6%. In other words: $100 in 2020 Now only has about $76.4 worth of purchasing power. The scariest part is— The number in your bank account hasn’t decreased at all. You still have $100. It’s just that what $100 could buy back then might cost you a lot more dollars now. This is the truly terrifying thing about inflation: Cash doesn’t necessarily show you a "loss," but your purchasing power slowly disappears where you can’t see it. So the real question has never been: "Will holding assets be volatile?" But rather: "If I only hold cash long-term, how much purchasing power will I have left?" This is also why more and more people are allocating long-term to: Stocks, real estate, gold, Bitcoin, and other scarce/productive assets. ⚠️ Of course, Bitcoin itself is highly volatile, and you can’t just assume BTC will rise because the dollar’s purchasing power is declining. But there’s one thing everyone should remember: Not investing is also a form of asset allocation. Holding 100% cash is still making a bet. ₿