Last night we had the talk.

We discussed dollar devaluation history, inflation, QE, etc.

I was asked if allowance was going up since I would be getting paid more. I laughed and said oh no, here’s where we learn that wages don’t actually keep up with inflation.

Even the kids get it, and they’re not happy about it.

Reply to this note

Please Login to reply.

Discussion

Got to teach them early.

You don't pay their allowance in Bitcoin?

👀

Pokémon dealer doesn’t accept it, yet…

What clicked for my kids and when I asked about their most rare Pokémon card, and how many other people would want it if the government printed 100 of the exact same Pokémon cards for everybody… How many people would even want your ‘rare’ Pokémon card any more…

They got it.