Fun use of an AI agent: take a quick video of books in a book exchange and ask the agent to extract the titles and recommended a book based on your interests. Thanks Hermes Agent!
I enjoyed the recent paper on the Bitcoin power law. So much so that I updated my Priced In UK Cost of Living explorer to include the Bitcoin power law as a denominator option. This smooths out the volatility, particularly in the early days of Bitcoin.
Paper:
Numbeo summary of price inflation in Exeter, UK. Has your salary kept up with these rises?!
Notice how proper food (eggs) is the worst affected.
My UK cost of living explorer has much more data and going back much further if you want to find out more:
This is an interesting piece from the Mises Institute: https://mises.org/mises-wire/we-are-living-fourth-american-republic
The evidence would point to the Fourth American Republic being over now, and it's now the rise of the American Empire. Some great lessons in history from the fall of the Roman Republic...
Inflation can mask the true value of your time and energy.
I built a web to explore the data and the results are suprising.
By changing the denominator and pricing houses, eggs, or butter in hard assets like Gold or Bitcoin you can strip away fiat currency devaluation and see what’s really happening your purchasing power.