"GOBankingRates recently surveyed 1,000 Americans ages 18+ and found that 32.9% have no more than $100 in their savings account. In a similar study conducted in 2022, 22% of Americans responded they had $100 or less in savings." Prices go up, wages don't keep up, got #bitcoin ?

Charts for Pre-Coiners™️ Don't be fooled by CPI categories such as "energy" or "less food and energy". Food is higher than CPI, and "energy" is getting pulled down by subcategories that not everyone uses. However, everyone does use electricity, which is also higher than CPI. Got #bitcoin ?

Charts for Pre-Coiners: The top 1% owns more wealth than both the rest of the top 10% as well as the bottom 90%. Disentangling the bottom 50% from these groups, the picture is even more bleak. As easy money flows to the very top, the 99% need a fair, equal access savings tool to build wealth: #bitcoin

Charts for Pre-Coiners: We hear a lot about "the 1%", but within this group, the top 0.01% have pulled away from the pack, skewing the data More important, the bottom 50% has been left behind on both income and wealth #Bitcoin  provides an opportunity for all groups to build and store wealth equally

Aside from the fact that inflation compounds, average hourly wages are still not keeping up with workers' daily expenses on items such as food, shelter, electricity (nor even CPI) Saving in #bitcoin  doesn't fix this right away but it can long-term, especially if starting now (Source: BLS data)

Consumer loans have experienced a 5x increase in the last 20 years. This is a precarious situation for workers, particularly as rising unemployment is a Fed policy objective There is a better way but it takes patience and determination: start saving in the hardest money #bitcoin

When wages don't track with inflation on daily expenses, such as food, electricity, and housing, workers deplete savings. They also go deeper into credit card debt. What would these graphs look like for someone who started saving in #bitcoin  at the peak savings rate in 2020?

Inflation's not so bad if you don't need food or energy. As central banks manipulate money and the media and politicians play the blame game, people have to live this reality by draining their savings and taking on more debt. Fortunately, there is a better way: #bitcoin

From March 2022-2023, wages did not track with inflation (CPI), nor on items people need every day, such as food, energy services, and shelter. To note, wages did beat things like apparel, medical care services, and used cars, but these are not regular costs. Got #bitcoin ?

Dividing earners into groups can be useful for comparison, but it's important to note the top group is always skewed by the very top sub-group The differences among groups are not as stark when excluding the very top Easy money flows to the top 1%; for the 99% there is #bitcoin

When income levels are different but the *rate* of change is similar, everyone wins When income is different and the rate favors the top more than the bottom, fewer people win, thereby widening inequality A Bitcoin Standard can fix this. You can also start fixing it by saving: #bitcoin

In the 45-year period from 1967-2012, real household income (inflation adjusted) for the bottom 50% of working Americans was nearly flat While all income groups can benefit from saving in #bitcoin , the bottom half especially could benefit from this savings technology to combat inflation over time

According to John Haar, “The median price of a US home in 1940 was a little under $3k. Today it's around $450k. That's an average increase of ~6.25% per year. If that rate continues, in 30 years the median price of a US home will be over $2.6 million.” ******************* Taking John’s math and combining it with income, we see the *rate* of housing increasing twice as fast as wages, forcing many people to go deeper and deeper into debt should they want to own a home: The estimation of median wages in 1940 = $774 (US Census, average men/women) In 2023, estimated median wages = $57,200 (BLS) In 1940, rate of housing-to-wages = 3.9x In 2023, rate of housing-to-wage = 7.9x 1940-2023, wages = 74x 1940-2023, housing = 150x Got #bitcoin ?

Payscale Inc.’s 2023 Compensation Best Practices report stated 80% of companies surveyed said they plan to give raises this year, compared to 92% in 2022 Just 11% of companies (compared to 18% of companies last year) said they’ll increase base pay by more than 5% Got #bitcoin ?

Only negative inflation would reduce the compounding effect of inflation, but YoY we see very little of that, and definitely not enough to make an impact. Instead we see things getting more expensive in perpetuity. Saving in the best hard money in history fixes this: #bitcoin

According to ECI (change in the hourly labor cost to employers) and "official" CPI, wages have been keeping up with inflation (BLS), albeit barely. But we know that CPI is artificially low and that *real* inflation is much higher. Same problem; same solution: #bitcoin

The inflation story's always the same; whether 1971-2023, this past year, or in this case, a two-year period from April 2021 to April 2023, wages aren't keeping up for the majority of Americans To resolve this, people can simply save in the best savings tool in history: #bitcoin

#[0]​ for ur NYT collection if useful 🤝🧡

We all know that CPI is lower than costs such as food and electricity, things we need to consume daily But real average wages still haven't even tracked with CPI for the last two years: 3/21-22: CPI = 8.5%, real earnings = -2.4% 3/22-23: CPI = 5%, real earnings = -0.7% What happens when people are slowly getting poorer and most don’t know there’s a clear reason for it? What might that stress do to their lives and their interactions with others? A #Bitcoin Standard does fix this. But till then, people can take matters into their own hands and start saving in bitcoin today to combat this.

GM "Real average hourly earnings decreased 0.7%, seasonally adjusted, from March 2022 to March 2023” (BLS) The slow bleed of working the same and making less continues due to inflation Workers don't need to be market experts to fix this; they just need superior savings: #bitcoin