bitcoinlimit on Nostr: On average, countries print around 8-10% more money each year. In some Middle Eastern ...
On average, countries print around 8-10% more money each year. In some Middle Eastern and African countries, this rate skyrockets to 30-40%, effectively devaluing citizens’ wealth. The S&P 500 returns about 9-10% annually, meaning much of that growth is simply due to increased money supply. This is why #Bitcoin, which operates outside of centralized monetary policies, has no upper limit and is set to rise indefinitely.
Published at
2024-11-08 00:30:09Event JSON
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"content": "On average, countries print around 8-10% more money each year. In some Middle Eastern and African countries, this rate skyrockets to 30-40%, effectively devaluing citizens’ wealth. The S\u0026P 500 returns about 9-10% annually, meaning much of that growth is simply due to increased money supply. This is why #Bitcoin, which operates outside of centralized monetary policies, has no upper limit and is set to rise indefinitely.",
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}
