>>60731871
>Why project the graph from the top?
I didn't make the graphics, but I tend to agree with the fact that whenever one tries to predict valuation of money through the lens of a depreciating, inflationary currency, (with exception to bitcon wich was manufactured to be deflationary intentionally by glowniggery) that the trajectory uis always the sunken cause fallacy.
There's a reason why governments don't really care about currency competition because they have a monopoly on it and violence to enforce it. Money, on the other hand, isn't something that can be monopolized. Sure, corporatization and trade being heavily regulated is the means by which the currencies are instituted and enforcement is delegated, but ultimately, supply and demand break the backs of the governments that ignore this reality. Empires come and go, along with their currency, but the elements of value remain in silver and gold.