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Housing, health care and education are all massively inflated. The price of steak isn't a major expense in comparison.
by solosoyokaze 6y ago
Housing, health care and education are all massively inflated. The price of steak isn't a major expense in comparison.
- UncleMeat 6y agoEven if inflation literally only tracked those things, it is still many orders of magnitude off BTC's growth.
- solosoyokaze 6y agoPeople can follow the trend and see where it's going.
- chillacy 6y agoInflation as measured by the fed tracks a basket of stuff more like steak than housing. I’ve seen people instead measure how USD tracks against BTC though, which then does become tautologically correct that USD suffers massive “inflation”