Replying to Avatar BankSith

“With an inflation rate of 10%, your $100,000.00 salary needs to increase to $161,051.00 in 5 years to maintain your purchasing power.”

👇🏻

“Many people know about Compound Interest, but few people know about Compound Inflation.

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MCBitcoin 1y ago

The average wages in my profession have slightly declined over the past few decades in nominal terms. We're getting royally fucked by inflation. Thank God for Bitcoin.

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