Dollar in Danger? ‘Debasement’ Searches Skyrocket to All-Time Highs

Google searches for dollar “debasement” soared this quarter to the highest level in history, reported BarChart on Sunday.

The chart, sourced from Bloomberg and Google Trends, has been widely shared across crypto social media today.

A search for the keyword “debasement” on Google Trends actually shows that it spiked in 2012 and has spiked again recently as fears grow.

Searching for the term “dollar debasement” shows the highest ever levels in recent weeks in the United States.

DXY Down … M2 Supply Up

Fears and curiosity have grown this year as the greenback has had a rough ride, losing more than 10% against certain currencies.

The US Dollar Index (DXY), a measure of the US dollar against a basket of other currencies, has declined since the beginning of this year.

It remained range-bound from late 2022 to late 2024, rising to a two-year high of 110 in January 2025. However, it plunged by more than 12% to a three-year low of 96.3 in mid-September and remains only slightly higher than that level currently, according to Tradingview.

This means that the dollar has steadily weakened against many other currencies worldwide this year.

Additionally, the phrase “debasement trade” came to light this year as investors sought ways to distance themselves from the plunging currency.

In October, entrepreneur Anthony Pompliano said financial institutions are quickly waking up to the debasement trade, realizing that “no one is ever going to stop printing money.”

This is clearly evident in the M2 money supply chart, which has reached an all-time high of $22.3 trillion. With the Federal Reserve ending QT (quantitative tightening) and beginning QE (quantitative easing), liquidity and money printing will increase, further debasing the dollar.

Strong Macro Setup For Crypto

“This chart is one of the biggest signals for crypto right now,” said analyst “Bull Theory” on Sunday.

“If the Fed begins T-bill purchases on top of rate cuts, the liquidity impact will be massive,” they added.

This will weaken the dollar and cause a liquidity expansion, which, historically, has been very bullish for crypto markets.

The post Dollar in Danger? ‘Debasement’ Searches Skyrocket to All-Time Highs appeared first on CryptoPotato.