My favorite page on the StLouisFed .org (FRED) site:
"Buying eggs with bitcoins."
OVER THE PAST FIVE YEARS...
From September 2019 through September 2024, the price of a dozen eggs:
- In US dollars: Up +177%, from $1.38 to $3.82.
- In #bitcoin: Down -55%, from 14,119 sats to 6,310 sats.
CONCLUSION: Life gets constantly more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.
Inflationary fiat currency versus neutral inelastic energy money...
The choice is yours.
Source:
https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
Amazing stats and perspective
This was a great conversation.
Thanks for having me on your show, nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk! ⚡️
nostr:note1kjfju0ac34efgt3wsqu7zjxd0zvkq5v3ynzj9d8a3y5jufgptkcq3mgu5a
Thanking you for the insight and experience in this space
After a long and choppy bull-crab market, Dr. Ross notes that the bull market is here!
nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l founder, Vailshire Capital Management, joins me to discuss the ongoing sentiment in the markets, global liquidity, pitfalls and opportunities of this bull cycle, holistic living and more!
I really enjoyed the conversation. Thank you for sharing your experience and insights