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My favorite page on the StLouisFed .org (FRED) site:

"Buying eggs with bitcoins."

OVER THE PAST FIVE YEARS...

From October 2019 through October 2024, the price of a dozen eggs:

- In US dollars: Increased ⬆️ +163%, from $1.28 to $3.37.

- In #bitcoin: Decreased ⬇️ -67%, from 15,286 sats to 5,117 sats.

CONCLUSION: Life gets constantly more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.

Inflationary fiat currency versus neutral inelastic energy money...

The choice is yours.

Source:

https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/

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Alex 1y ago

I don't get it it shows USD

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The Other Guy 1y ago

See 2nd image, swipe to the left 👍

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