What caused me to pivot the hardest was the realization that CPI was not talking about the increase in prices, but that it was the long term record of the loss in purchasing power of the US Dollar. $1000 put into savings today should be able to buy $1000 worth of goods and services in 1 year, 10 years or 100 years. Those specific goods and services might change, but milk is milk, an acre is an acre, and an hour of labor time is an hour of labor time. With technological advances, we should be seeing the costs for goods and services come down as we use technology to find higher and higher levels of efficiency. Instead, we have middle men taking our value out of the supply chain one penny and one percentage point fee at a time.
This affects everyone, and is unavoidable for as long as we use a currency where the circulating supply can be increased or decreased at will, by fiat. Only by locking that supply to a fixed number can we change whether we have a foundation or not. Right now that foundation is being eroded from under our feet every monthly CPI report.
Bitcoin is not a hedge, it's not an escape valve, it is THE solution to this madness.
And none of this has to do with partisanship. Money is not partisan, it just counts.