this post was submitted on 13 Feb 2026
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[–] Lembot_0006@programming.dev 19 points 1 day ago (7 children)

Trump: squandi-schwandy, but I am now a few beautiful billions richer. Suck covfefe!

[–] newthrowaway20@lemmy.world 17 points 1 day ago* (last edited 1 day ago) (4 children)

He's billions richer. But he's also caused what feels to me like the fastest devaluation of the dollar and rapid loss of purchasing power for Americans.

So we all lose and he makes a small fortune.

It's only been 1 year too.

[–] School_Lunch@lemmy.world 7 points 1 day ago (3 children)

I had a thought the other day that I'm not nearly financially literate enough to know how true it is, but with all the talk about stocks going up, couldn't that be an effect of the dollar going down?

[–] mattyroses@lemmy.today 2 points 22 hours ago

Yes. You need to look at the cost of stocks in constant dollars to avoid measuring inflation.

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