The dollar has lost roughly half its purchasing power since 1996. Run the arithmetic and that is about two and a half percent a year, and the line is dead straight. Same slope in 2005, in 2012, in 2019. Nothing about it has changed. Which raises the real question. If debasement is a constant, it cannot explain gold up thirty five percent in a year or an index at record highs. So what else is doing the work, including passive retirement flows that buy every payday. Education, not a recommendation. ๐ tastylive: https://www.tastylive.com/ ๐ฐ Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters ๐ FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 ๐ฑ Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 What he actually said 0:35 The purchasing power math 1:16 Where the data backs him 1:55 Pulling up the long chart 2:42 Why inflation explains the drift 3:30 One way to offset it 4:32 The passive flows nobody sees 5:41 Where people park cash instead 6:23 Bitcoin as the digital version 7:27 Every fiat currency does this 8:26 What he wants from you #tastylive #inflation #gold #dollar #bitcoin #spx #optionstrading #investing #mathcheck #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.