We all know that CPI is lower than costs such as food and electricity, things we need to consume daily
But real average wages still haven't even tracked with CPI for the last two years:
3/21-22: CPI = 8.5%, real earnings = -2.4%
3/22-23: CPI = 5%, real earnings = -0.7%
What happens when people are slowly getting poorer and most don’t know there’s a clear reason for it? What might that stress do to their lives and their interactions with others?
A #Bitcoin Standard does fix this. But till then, people can take matters into their own hands and start saving in bitcoin today to combat this.
WaldoStackjoiner /
npub1mv…esx77
2023-04-14 13:05:16
Author Public Key
npub1mvm0wzfrfxx559u36c8kkplav0p0lxnhhjh2nvza07snx65nkkjseesx77Published at
2023-04-14 13:05:16Event JSON
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"pubkey": "db36f70923498d4a1791d60f6b07fd63c2ff9a77bcaea9b05d7fa1336a93b5a5",
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"content": "We all know that CPI is lower than costs such as food and electricity, things we need to consume daily\n\nBut real average wages still haven't even tracked with CPI for the last two years:\n3/21-22: CPI = 8.5%, real earnings = -2.4%\n3/22-23: CPI = 5%, real earnings = -0.7%\n\nWhat happens when people are slowly getting poorer and most don’t know there’s a clear reason for it? What might that stress do to their lives and their interactions with others?\n\nA #Bitcoin Standard does fix this. But till then, people can take matters into their own hands and start saving in bitcoin today to combat this.",
"sig": "235eb5e00fb3ddeaa4c7ca95ef3f200932faae8d81ba4284dfd5d53b75f6ff76f0c34de179103cb76c75629a0622ec983ec8e927df18ebb081702dd2ea87ede7"
}