Articles & Perspectives

The Debasement Portfolio Explained
Tom Fletcher, CFA Tom Fletcher, CFA

The Debasement Portfolio Explained

Debasement is the result of a growing money supply and it dilutes the real value backing a fiat currency like the US Dollar. It is related to inflation, but not exactly the same. Inflation indicates less dilution in purchasing power, due to the offsetting forces of innovation and productivity increases.

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