SatsVenture on Nostr: The US dollar is buying less and less overtime through the action of money printing. ...
The US dollar is buying less and less overtime through the action of money printing. This number is truly closer to 7-12% rather than the 2-3% inflation rate the government tries to convince to the citizens.
Now I live in Australia 🇦🇺, our dollar is now $1.60 to the US… it was $1.30 in 2020. So we are printing even more than the US.
Australia’s money supply has increased 40-50% in less than 5 years … you’ve lost that amount of purchasing power here in Australia.
It’s time to buy some BITCOIN
Maple Bitcoin (nprofile…v49l) jor (nprofile…5479) rajatsonifnance (npub13wl…np8z) takingbackcrypto (nprofile…5tkj)
Now I live in Australia 🇦🇺, our dollar is now $1.60 to the US… it was $1.30 in 2020. So we are printing even more than the US.
Australia’s money supply has increased 40-50% in less than 5 years … you’ve lost that amount of purchasing power here in Australia.
It’s time to buy some BITCOIN
Maple Bitcoin (nprofile…v49l) jor (nprofile…5479) rajatsonifnance (npub13wl…np8z) takingbackcrypto (nprofile…5tkj)