The Debasement Desk

Building the rails for a stable currency standard that outlasts any nation state.

[The Debasement Desk @debasementdesk]

The FBI shut Silk Road in October 2013 to protect your money. Your money has been losing ever since.

You've been working since 2013. The $100 in your wallet has been shrinking since then.📉

Nobody stole from your wallet.

They just made the money in it worth less.

[The Debasement Desk @debasementdesk]

@vladtenev Building https://t.co/KDSPurHm04 on Robinhood Chain: it tracks the money supply of 138 currencies, and M69 trades here as fair money for people watching their savings shrink.

Every stablecoin on the chain today is a dollar one. Any plans for euro, yen or other currency tokens?

[The Debasement Desk @debasementdesk]

M69 on Robinhood Chain has no freeze switch. Nothing in its code can freeze, pause or block a wallet.

https://t.co/OP6VZFrDjr

[The Debasement Desk @debasementdesk]

At least $264B of the $300B in dollar coins can be frozen by the company that issues them.

USDT and USDC alone are $252B. This week Tether and Circle froze over $2.3B linked to the Binance hack.

[The Debasement Desk @debasementdesk]

Why almost every stablecoin is a dollar: https://t.co/CNcyu6O1Zn

[The Debasement Desk @debasementdesk]

The euro's page, with a calculator for any year since 1997: https://t.co/Ht7mYh2S0h

[The Debasement Desk @debasementdesk]

The ECB kept rates on hold today, after raising them in June and September.

Euro area inflation was 3.8% in September, nearly twice the ECB's 2% target.

Energy prices were up 18.9% on a year earlier.

[The Debasement Desk @debasementdesk]

The dollar's page, with a calculator for any year: https://t.co/SkW2ZhYtqI

[The Debasement Desk @debasementdesk]

The Fed held rates at 3.75% to 4% today, with two votes for a hike.

Over the past year, US prices rose 3.7% and average hourly pay 3.0%.

[The Debasement Desk @debasementdesk]

Every currency has its own calculator for any year, like https://t.co/SkW2ZhYtqI

[The Debasement Desk @debasementdesk]

Type in your own savings and see what they buy now:
https://t.co/SkW2ZhYtqI

[The Debasement Desk @debasementdesk]

Since last August, the US money supply grew by $3,645 for every person in the country.

Did your savings grow that much?

[The Debasement Desk @debasementdesk]

The dollar since 1987, live: https://t.co/SkW2ZhZ1gg

[The Debasement Desk @debasementdesk]

Black Monday took 22.6% off the Dow in one day and people still talk about it 39 years later.

$100 from that month buys about a third of what it did then.

Anyone remember what gas cost in ‘87?

[The Debasement Desk @debasementdesk]

How much money exists in each currency, updated daily: https://t.co/lmQwffifzi

[The Debasement Desk @debasementdesk]

A family of four in the 🇺🇸 United States: about $122,000 of new money created in their name over ten years.

In 🇨🇳 China it’s about $88,000.

In 🇮🇳 India, $5,600.

[The Debasement Desk @debasementdesk]

That gap is why Money2069 exists.

It tracks what 138 currencies actually buy and rates the projects trying to build money that holds.
https://t.co/SkW2ZhZ1gg

[The Debasement Desk @debasementdesk]

🧵14 October 2008: the US hands its banks $250 billion.

14 October 2026: the US reports prices up 3.7% in a year, gas up 9.1% in one month, and your pay, after prices, down 0.7%.

Same date, 18 years apart. The banks got rescued.

You got the bill, in instalments, at the pump.

[The Debasement Desk @debasementdesk]

The Fed decides on 28 October.

Higher rates make your mortgage and your car loan dearer.

They do not hand back a single dollar of what the last 18 years took.

$100 from 2008 now buys what $64 did. Where did your $36 go?