Replying to Avatar WaldoStacker

Charts for Pre-Coiners™️

When asked which expenses workers would pay first if they missed their next paycheck, they selected housing, food, and electricity well above the rest.

These three categories have been higher than both wages and CPI for years.

Got #bitcoin ?

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BTC_P2P 2y ago

Second chart says it all. Wage inflation NEVER keeps up with goods / services / asset inflation.

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WaldoStacker 2y ago

Exactly. Since historically it’s such a slow bleed — for those who don’t understand inflation, they likely blame everything else for this phenomenon once they realize it over time.