Fairio on Nostr: Hey jack mallers, inspired by your thought that money is an abstract form of time and ...
Hey jack mallers (npub1cn4…3vle), inspired by your thought that money is an abstract form of time and energy, I’ve tried to explain with an example how much life time is really stolen through inflation. The way you explain it is already very clear, but when you back it up with concrete numbers, it’s an extra mind blow.
The true historical inflation over the last 50 years is about 7% for real estate and stocks.
You work and save $100 every month for 35 years, which adds up to $42,000.
By the end, your purchasing power is around $15,000, just a little over 1/3.
Or in other words:
It’s like you only worked 12 years or
worked barely 3 out of 8 hours a day,
with 2/3 of your lifetime stolen.
Even after spending a lot of time thinking about inflation, I could hardly believe the scam is this severe.
I hope with these thoughts, I can give some inspiration back to you and the community 🧡✌️
The true historical inflation over the last 50 years is about 7% for real estate and stocks.
You work and save $100 every month for 35 years, which adds up to $42,000.
By the end, your purchasing power is around $15,000, just a little over 1/3.
Or in other words:
It’s like you only worked 12 years or
worked barely 3 out of 8 hours a day,
with 2/3 of your lifetime stolen.
Even after spending a lot of time thinking about inflation, I could hardly believe the scam is this severe.
I hope with these thoughts, I can give some inspiration back to you and the community 🧡✌️