Global Feed Post Login
Replying to Avatar Homem4de

Inflation from the perspective of a humble sat stacker.

I think it's warranted to potentially rethink Inflation through a Bitcoin lense. So I'll start with a my thoughts and we can see where this goes.

I think the US dollar finished its course of Inflation in 1971. As it sucked all or most of the monetary value from gold into itself. And I think bitcoin is well within its inflationary period as the US dollar continues to deflate.

The way most tend to think about inflation is the # of currency units. But what if we think about the purchasing power Inflating and Deflating?

Avatar
Homem4de 2y ago

Long story short. The US dollar is going through Deflation not Inflation, when viewed this way.

Reply to this note

Please Login to reply.

Discussion

No replies yet.