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Is Bitcoin going up a sign the USD value is going down?


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I heard someone say this the other day during a podcast I was listening to and it kind of concerned me. If the value goes up and keeps going up for Bitcoin and is showing us that the value of USD is going down, it means our buying power is dropping and our wages are dropping as well. 

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Yes that is likely one of the reasons the value of Bitcoin and Real Estate have been skyrocketing. I am sure greater adoption is playing a rule but if the money printing presses don't stop running of course the value of the currency is going down when measured against other asset classes. 

It is why inflation is so bad. Inflation will outpace wages and puts us into tricky situations while the economy readjusts. 

There should be some interest rate hikes coming so hopefully they can get it under control. 

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