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Not only is that adjacent to, but itself, a wrong statement, what does it even have to do with anything?

• andirk 4y ago
  • shuckles 4y ago
    Inflation is a measure of purchasing power. I have all the dollars in my pocket and, depending on what I'm trying to buy like shipments of containers from Shanghai to Los Angeles, I could possibly buy more goods and services from last year. I think your comments are below the level of quality the HN community demands.
    • andirk 4y ago
      For most consumers, 8% of the dollars in your pocket are gone. It means you have less money now than you did a year ago. > I have all the dollars in my pocket OK, you must be talking physical paper? > I could possibly buy more goods Most consumers are currently hurting from inflation.
  • tartoran 4y ago
    Inflation is horrible but what alternatives does crypto provide? It seems like 7-10 is still more acceptable than 90% or even 100% loss. I did buy some crypto and its value tanked so much it’s not even worth selling it anymore. Wish I just left the money in my banking account or done something with it… I did buy into the hype but fully admit I was an idiot for doing so. At least I learned that it’s best to stay as far away as possible from this space. What’s even more interesting is that Im adverse to gambling and all that…