god on Nostr: The reason that the middle class is eroding (getting poorer) is that wages are ...
The reason that the middle class is eroding (getting poorer) is that wages are stagnant while cost of living rises. The only way to escape? Get assets, which are also rising. This requires some extra cash, which can be hard to come by if your wages are stagnant and cost of living has been rising. I’m so bullish on #bitcoin but I’m also trying to find a way to keep my head above water so I can buy more, all while living in a way that’s somewhat fulfilling. Entrepreneurship seems like the only way to possibly avenue to escape the “stagnant paycheck, get rekt by price inflation, get poorer” doom loop.
Published at
2024-08-27 15:34:49Event JSON
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"content": "The reason that the middle class is eroding (getting poorer) is that wages are stagnant while cost of living rises. The only way to escape? Get assets, which are also rising. This requires some extra cash, which can be hard to come by if your wages are stagnant and cost of living has been rising. I’m so bullish on #bitcoin but I’m also trying to find a way to keep my head above water so I can buy more, all while living in a way that’s somewhat fulfilling. Entrepreneurship seems like the only way to possibly avenue to escape the “stagnant paycheck, get rekt by price inflation, get poorer” doom loop.",
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