Calling the dollar “strong” because some prices didn’t rise while the money supply multiplied is confusing prices with value.

If money grows 10× and bread “is still $1,” that’s not stability:

it’s forced productivity, hidden costs, and silent redistribution through non-neutral inflation.

Inflation doesn’t hit everything at once.

It benefits those who receive new money first.

Then it punishes savers and wages.

Apparent stability isn’t monetary strength.

It’s temporary distortion.

Sound money doesn’t need dilution to function.

It needs limits.

Reply to this note

Please Login to reply.

Discussion

You're conflating the dollars value with monetary expansion under the term "growth."

What the chart shows is that Bitcoin was never needed; the dollar is working.

I'm sorry it's lost on you that productivity from having such a massive network makes things cheaper.

productivity > monetary expansion.

The same reason Dogecoin has a higher marketcap than Litecoin.

Utility and adoption > structural "purity."