Charts for Pre-Coiners™️
CPI is *only* 3% and wages went up 3.6% from June 2022-23; wooo they did it!
Just don't eat food (average 6.2%), use electricity (5.4%), have shelter (7.8%), or use transportation services (8.2%), and you'll be just fine!!
Got #bitcoin ? 
Charts for Pre-Coiners™️
Are you in the bottom 90% of wage earners? If so, your wages have been stagnant for quite a while
While you may be able to reach the top 10% (or even 1%), an arguably better way to combat this is to save in the hardest money in history: #bitcoin 
Charts for Pre-Coiners™️
If you're reading this, you're almost definitely in that last column on the right
But if you're reading this, you may also know that the longer you save in #bitcoin , the better odds you might move to the left side of the chart 🤝 
Charts for Pre-Coiners™️
In 2021, workers' real wages were -2.4%, whereas CEOs in S&P 500 companies saw a pay increase of +18.2% (AFL-CIO).
While some may scream 'corporate greed', others suggest this is the Cantillon Effect at play.
Whatever your ratio is, you can improve it for yourself: #bitcoin 
Charts for Pre-Coiners™️
If you're in the top 1%, congrats. You're probably fine, as your average income is ~20x that of the bottom 99%.
But if you're in the bottom 99% of income earners, you may want to investigate #bitcoin as a long-term savings tool sooner than later. 
Charts for Pre-Coiners™️
On the surface, it appears that (nominal) wages have performed better post-Covid than after the GFC
However, after adjusting for inflation, (real) wages performed much worse
Saving in #bitcoin over time can protect workers from falling behind even more 
Charts for Pre-Coiners™️
For the 53.4% of American workers who face negative real wage growth, the median average was -6.5%
In Q2 2022, the median rate for this group was -8.6% (26.7% of workers are below this rate)
Workers earning negative real wages can benefit from #bitcoin , esp. the bottom quartile 
Charts for Pre-Coiners™️
We know that actual inflation is much higher than CPI.
But even just looking at CPI, over half of workers are not keeping up on wages.
These workers do not need to become investment experts to fix this.
They just need a superior savings tool: #bitcoin 
Charts for Pre-Coiners™️
You know things are bad when real wages (inflation adjusted) show zero improvement based on CPI.
And CPI is lower than regular expenses the majority of workers face, so the situation is much worse (negative real wages).
Saving in #bitcoin can fix this 
Charts for Pre-Coiners™️
One reason inflation is so easy to hide is that workers' nominal pay is going up over time, which leads them to believe things are improving
However, no matter what period of time we look at post-1971, there is little to no progress
Saving in #bitcoin long-term can fix this 
Formula used to compare to today 
Inflation does not have to be normal, contrary to popular belief.
From 1866-1889, for example, there was negative inflation, budget surpluses, and positive GDP.
Fiat fvckery is destroying our present and future; fortunately saving in #bitcoin long-term can save us 
From May 2022-2023, real average hourly earnings were 4.2% (CPI=4%), and after adjusting for fewer hours per week real earnings were actually 3.3%
In the same time period, shelter (8%) and transportation services (10+%) were more than 2x wages
Saving in #bitcoin can fix this 
Charts for Pre-Coiners™️
Of workers' three largest expenses, "transportation" is a tricky category in that there are many options.
However, for those using transportation services, trying to feed and house their families, wages aren't even close to inflation.
Got #bitcoin ? 
Zappid for maximum accuracy
This is an amusing observation and I agree.
Also, I’m one of them 😬
What the WH left out was the second part of the sentence from BLS:
'Decreases in the average workweek led to real wages of -0.3% monthly and -0.7% annually.'
Workers are still doing worse than CPI, and much worse on food and housing.
Saving in #bitcoin can fix this over time.
GFY