Replying to Avatar Marty Bent

When the fiat economists lose control they begin to rationalize the train derailment as a good thing, actually.

There’s no sane world in which any amount of increasing price inflation is beneficial for the common man.

These people have lost their minds.
Avatar
Fiat Shenanigans 🤡🌎 2y ago

A 3% average annual inflation will over 40 years have destroyed about 60% of the purchasing power of your savings.

nostr:note1kl5g52agzd6pnwdugppevc07acuxynsk2ky3r4hv0gqnsz2r6c0sjn42jg

Reply to this note

Please Login to reply.

Discussion

Avatar
dr.fred 2y ago

it took bitcoin only two years to destroy your purchasing power by 60%

60% in 40 years is mild compared to that

Avatar
Ivan 2y ago

Also gov reported 3% you'll have 100% wiped out in 20 years actually.

Avatar
Himel 2y ago

in my country inflation is like 100%