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"content": "Well said Logan.\n\nI agree about the potentials for cultural innovation and revitalization on a Bitcoin standard. It's one of the most inspiring dimensions of hard money - when we no longer need to think about money and inflation and can focus on more important matters of culture.\n\nI was curious some time ago to explore how much of our savings are lost due to inflation.\n\nAs I went ahead and wrote a short program, I found that at 2% yearly inflation and zero taxes, we experience a ~35% loss of purchasing power on our accumulated savings over a 45 year career.\n\nSince we are aware that the CPI figures are politically cherrypicked and don't measure the actual cost of living, a ~7% yearly inflation will better matche the expansion of the money supply (M2) and the value increase of the stock market.\n\nAt 7% yearly inflation and zero taxes, we lose ~71% of purchasing power on savings over a 45 year career.\n\nAdd taxes and we lose more than 80% of our purchasing power on savings during a normal career.\n\nBelow are four different examples of cumulative inflation visualized on a year-by-year basis.\n\nBy showing the data I hope to visualize the problems of inflation with some additional clarity. When we have ~3% left of our savings from 45 years ago, we enter mindboggling territory of theft.\n\nhttps://image.nostr.build/5d5a6d70d01d34df73297e4ae75196ce39a3f3a64560a1939ea7ea2f69880df2.jpg\n\nhttps://image.nostr.build/1d81d64c1986bf407a521e0dcf9e088618a4df59df263292936efbad331c7c9a.jpg\n\nhttps://image.nostr.build/0902852ae0f7e4977115bda795a64bc9075962e7c7701cd20596d6e9c9594972.jpg\n\nhttps://image.nostr.build/29e105b5087f3106e6d507f77721cd326a57276beadf7529ce815821cf1f7207.jpg\n\n#Inflation",
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