Boing Boing

Boing Boing

Investors turn to gold, bitcoin, and stocks as protection against currency debasement and ballooning government debt

Ellsworth Toohey
Oct 09, 2025
∙ Paid
2
Share

PrachPhoto/shutterstock.com

Investors are buying gold, bitcoin, and shares in what’s being called the “debasement trade” — a strategy driven by concerns about government debt, currency weakness, and central bank independence.

The debasement trade refers to investors moving away from fiat currencies like the dollar toward “harder” assets that might protect…

Keep reading with a 7-day free trial

Subscribe to Boing Boing to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Happy Mutants LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture