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Ignoring the fact that you’re implying a 100% USD inflation over the past year, you’d only have 25% of the purchasing power if you “invested” in BTC per the GPs
by Zanfa 4y ago
Ignoring the fact that you’re implying a 100% USD inflation over the past year, you’d only have 25% of the purchasing power if you “invested” in BTC per the GPs example.
- sp332 4y ago"Inflation" is an average of several things. Actual inflation doesn't have to be even across all items. Groceries went up more than other things. Edit: some examples https://www.ers.usda.gov/data-products/food-price-outlook/summary-findings/ https://www.ers.usda.gov/data-products/food-price-outlook/su... Retail egg prices went up 38% from July 2021 to July 2022.
- the_gastropod 4y agoYes. And eggs are the highest increase on that list, at 38%—still a far cry from 100%. Comparatively, fresh fruits are down 0.8%, and fresh veggies up only 0.8%.