It was initiated as a justification for Bitcoin, I believe, so there's a certain silly meme-ness to it, definitely. But it doesn't change the fact it provides

It was initiated as a justification for Bitcoin, I believe, so there's a certain silly meme-ness to it, definitely. But it doesn't change the fact it provides valuable information about the changing economic landscape. I'm not wanting to point at Bretton-woods singularly, or even necessarily as a major reason, hence my saying 'economics is complex beast'. Reaganomics[0] is another factor in the overall fabric. I'm primarily trying to point out that this little 'blip' of inflation right here right now is a mere extension of the last 40-odd years, and anyone saying that "this dip in real wages is also transitory" exists firmly on the 'investment returns' rather than 'labor provision' side of the economics equation. [0]: https://en.wikipedia.org/wiki/Reaganomics https://en.wikipedia.org/wiki/Reaganomics