Rising inflation erodes the purchasing power of money over time.
High levels of national and personal debt can devalue currencies.
Financial crises and recessions can lead to a loss of confidence in currencies.
Money backed by nothing but faith and trust can be vulnerable to instability.
The rise of cryptocurrencies challenges the traditional value of fiat currencies.
Excessive money printing by central banks can devalue currencies.
Economic disparities between nations can impact the value of currencies.
Advancements in technology are changing the way we transact and perceive money.
Changing patterns in global trade can impact the value of currencies.
Loss of trust in financial institutions or governments can undermine the value of money.