Protecting Your Purchasing Power: Dollar Alternatives Reviewed

by | Apr 14, 2024 | Fidelity IRA | 1 comment

Protecting Your Purchasing Power: Dollar Alternatives Reviewed




The US dollar loses value due to factors such as inflation. Beat Inflation on your savings and retain purchasing power by using various dollar alternatives. Each Friday we review our alternatives progress, such as commodities like gold/silver, and cryptocurrencies like bitcoin/ethereum.

00:00 Intro
00:59 Gov’t Debt Update
06:54 Cathie Wood : Currency Devaluation
08:45 Weekly Cash Alternative Update

————— Show References —————

US Debt Danger:
US Interest Payments:
Fortune:
Growth of $100:

Alternatives to the Dollar
Inflation:
Checking/CDs/Treasury:
Gold/Silver & Crypto Prices:
U.S. 10 Year Treasury Note:
————— End Show References —————

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Brokerages (Stocks)
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Gold & Silver
➤ Vaulted :

IRAs for Crypto
➤ iTrustCapital :
➤ Bitcoin IRA :
➤ BitIRA :

Crypto Purchasing
➤ Coinbase :
➤ Crypto.com :

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As the value of the US dollar continues to decrease, consumers are finding themselves losing purchasing power. Inflation rates are climbing, prices are rising, and the value of the dollar is weakening. This has left many individuals looking for alternatives to protect their assets and ensure their money holds its value.

One option that has gained popularity in recent years is investing in alternative currencies. Cryptocurrencies, such as Bitcoin and Ethereum, have seen significant growth in value and are seen as a hedge against inflation. These digital currencies are decentralized and not tied to any government or central bank, making them immune to the effects of inflation.

Another alternative to the US dollar is investing in precious metals, such as gold and silver. These metals have been used as a store of value for centuries and have proven to be a reliable hedge against inflation. With the price of gold and silver on the rise, many investors are turning to these metals to protect their assets.

Real estate is another popular alternative to the US dollar. Investing in property can provide a stable source of income and a hedge against inflation. Additionally, real estate prices tend to increase over time, making it a valuable long-term investment.

Stocks and commodities are also options for those looking to diversify their portfolios and protect against inflation. By investing in companies or assets that are likely to increase in value over time, investors can mitigate the effects of inflation on their purchasing power.

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In conclusion, as the value of the US dollar continues to decline, it is important for individuals to consider alternatives to protect their assets and ensure their money holds its value. Investing in alternative currencies, precious metals, real estate, stocks, and commodities are all viable options for those looking to stop losing purchasing power in the face of inflation. By diversifying their portfolios and staying informed about market trends, investors can safeguard their assets and secure their financial future.

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