Unfortunately, only a tiny % of the world, no more than 13%, are born with access to US-quality stock and bond markets, with rule of law and property rights guarantees Most people on earth, at least 87%, have just been completely rekt by fiat currency
Joe Carlasare
Joe Carlasare28.6.2025
Next time someone says, “The DOllaR HaS LOst 98% of its value SIncE 1914!!?” ask them: 1. Who’s been alive since 1914, exactly? 2. Why would anyone just sit on cash for over a century instead of investing it? 3 mon tbills returned about 3.3% CAGR from 1928–2023. That means $1 would have turned into over $24 WITHOUT touching stocks
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