Y Combinator co-founder Paul Graham warned on Thursday that Americans need an 11% increase in net worth just to maintain purchasing power following the dollar’s significant decline since President Donald Trump‘s inauguration. Dollar Index Shows Sharp ...

Graham wrote on X: “Unless your dollar-denominated net worth has increased by at least 11% this year, you’ve become poorer. The dollar has decreased about 10% in value since Trump took office.”

  • reallykindasorta@slrpnk.netOP
    22·
    1 day ago

    Graham noted sarcastically that Trump could claim creating “unprecedented billionaires” when measuring in “Trump dollars, which are only worth .9 [Former President Joe] Biden dollars.”