Currency has been the biggest scam of all time since 1933 for euros and 1971 for dollar and everybody understand the gold standard abandoned resulted to these kind of crisis.
The Euro was born as a currency in 1999. Aren't you mistaking that for
the Executive Order 6102?
The proper way of indexing the currency value will be comparing it with the gold then we realise how much we are trapped in this shitty centralized system which they call it as money.
That was the only way we had until recently, now we also have Bitcoin.
Luckily for us you are not in charge of any finance aka money.
Only due to loosing value its a scam?
if you don't understand the bases of cryptocurrency and other cryptocurrencies you will not know that scam is every where...
I don't know what you two are about. Aside from the error I mentioned, what Findingnemo says makes a lot of sense. Since the gold standard was abandoned, currency became a scam, that's why it is called fiat currency, because it is not backed by anything and can be printed as much as it pleases.
What I wanted to focus on here is the difference between CPI and the debasement of the currency, but you two smart guys don't get into it either.