“The problem with fiat is that simply maintaining the wealth you already own requires significant active management and expert decision-making.
“You effectively need to earn your money twice with fiat, once when you work for it, and once when you invest it to beat inflation.”
The Fiat Standard, pg 91, @saifedean
What I’ve learned from @Jeff Booth (auther of The Price of Tomorrow) is:
Everything whould be WAY cheaper if productivity-driven deflation wasn’t being drowned under a flood of inflation.
You wouldn’t need a 401(k) to save for retirement if your dollars didn’t keep losing purchasing power.
You could just keep your cash in a non-interest bearing bank account and you’d be fine.
T-shirt design.
Every Floor Is A Dance Floor™ Rodeo vibes with Country Western Cowgirl boots!
Version 1: Full House
Version 2: Fight card
#designstr #dance
Question: Do you enjoy wearing synthetic t-shirts or cotton t-shirts?
Customer made a good comment: “I've gotten away from synthetic fibers. Cotton and wool only for me.”
Synthetic = tri-blend (50% polyester, 25% rayon, 25% cotton)
Natural = 100% cotton
Workers think begging their boss for a raise is a normal part of keeping up with inflation.
It shouldn’t be normal to have to beg simply because someone else manipulates the money supply.
Fix the money, fix the world. #bitcoin #designstr
Bitcoin’s Store of Value is its dis-inflationary issuance and its fixed supply.
Price fluctuations do not affect #Bitcoin’s issuance or its supply. Value remains the same.