A-A-Ron on Nostr: ...

quoting nevent1q…a03m

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/