Wanted to get feedback from #nostr on something I’ve been thinking about re purchasing power. If money supply expands at 7% and market returns 7%, real return is break even and that’s why #bitcoin is the best savings vehicle. But if fiscal dominance continues and printing is the only way out, given diminishing returns from each liquidity bazooka, wouldn’t money supply presumably increase at even higher rate and outpace market returns? So could the narrative on breaking even in public market returns turn negative? I just think focusing on CPI defined inflation and nominal rates is a fools errand and we need to think about what drives the decline in fiat purchasing power

Just my two sats! Welcome all thoughts - thanks friends!