WaldoStacker 1 year ago

Charts for Pre-Coiners™️ Headline CPI ≠ workers' two highest expenses September 2023-2024: Shelter prices = +4.9% Transportation prices = +8.5% Are your wages keeping up with this? If not, you may want to start studying #bitcoin, especially if you're in the bottom income quintiles

WaldoStacker 1 year ago

Charts for Pre-Coiners™️ Headline CPI ≠ workers' two highest expenses Shelter prices = +5.2% Transportation prices = +7.9% Did your wages over the last year keep up with this? If not, you may want to start studying #bitcoin

WaldoStacker 1 year ago

Charts for Pre-Coiners™️ It’s no wonder two-thirds of Americans think the American Dream is dead Owning a home, after all, may have been the most important sign of achieving it While things may seem dark, there is hope to revitalize the American Dream for you and your family again: #bitcoin ₿

WaldoStacker 1 year ago

Charts for Pre-Coiners™️ Credit card debt has reached record highs and savings rate record lows Expectations for income fixing this are plummeting Workers may feel hopeless, but there is a superior tool to save whatever they’re able to: #bitcoin ₿

WaldoStacker 1 year ago

Charts for Pre-Coiners™️ Headline CPI ≠ workers' two highest expenses Shelter inflation = 5.1% Transportation inflation = 8.8% Are your wages keeping up with this? If not, you may want to start studying #bitcoin

WaldoStacker 1 year ago

Charts for Pre-Coiners™️ People aren't stupid: they know things are increasingly more expensive compared to what they earn People expect this to get worse, not better What many don't realize, yet, is that saving in #bitcoin can fix this

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Happy New Year! Looking back at the last 10 years, wages have not kept up with the costs of many mandatory expenses (BLS data). As you look to 2024 and beyond, perhaps now is a good time to learn more about the hardest money in human history: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're living in one of these OECD countries, you're falling behind. To combat this, you don't have to pick the right investment where others control your fate. Instead, you can just save over time in the hardest money in human history: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Stack both bars on top of each other and notice the variation among income quintiles on real wage growth over this 9-year period. Lower-middle and middle income earners are falling behind by a large margin. Saving in #bitcoin  long-term can fix this.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Small nominal raises in wages around 3% give workers the impression of progress. Meanwhile, real wages are near 0% when compared to *official* inflation, and negative when compared to experienced inflation (mandatory goods and services) Got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ While *official* CPI inflation is 3.2%, many expenses workers need are still much higher: Food = 4.9% Shelter = 7.7% Transportation = 9% This is the time theft of inflation. Saving in #bitcoin  over the short-term won't fix this, but over time, it can.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If the *rate* of inequality were the same, there would still be nominal inequality But when both nominal and real wages favor the top, inequality widens Workers not in the top can protect themselves from this over the long-term by saving: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ When wages don't keep up with inflation (housing, food, transportation, electricity), workers have to turn to something to pay their bills All-time-highs in credit card debt is not a long-term solution, however Saving in #bitcoin  over time can fix this

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're not a Baby Boomer, odds are you're not that confident about your upcoming bills This is due to the fact that inflation in housing, electricity, transportation, and food far outpace your wages Fortunately, over time you can fix this: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ When asked which expenses workers would pay first if they missed their next paycheck, they selected housing, food, and electricity well above the rest. These three categories have been higher than both wages and CPI for years. Got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ High proportions of workers are living check-to-check Relatively high proportions of workers have zero savings The less one makes, the harder it is to save given high costs on mandatory expenses Whatever one can save, a superior tool exists: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Be wary of metrics that involve averages on wages, as these are pulled up by the top 1% The better metric to ascertain progress is median wages, which have flatlined since 1971 The situation is worse as CPI is lower than actual inflation Got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ A snapshot of the income distribution at any point post-1971 reveals the same picture Imagine if the top 1% didn't exist; arguably this would be a fairer version of inequality But with the top 1%, inequality becomes extreme For the 99%, got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're not in the top 1% of income earners, your income has not increased in the last 40 years at a rate that beats the inflation you face every day. Fortunately, you don't need to become part of the top 1% to combat this; you can just save: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ For most of the 20th century, the share of income flowing to the top 1% in the US was falling. In 1971, the pattern reversed and has been rising ever since. If you're not in the top 1%, you've been experiencing the opposite trend. Got #bitcoin ?