quoting note10r6…c8fvHow well you need to do vs inflation to maintain your desired lifestyle (excerpted from LynAlden (npub1a2c…w83a)'s latest newsletter, linked below)
"-If someone wishes to buy finite things like prime real estate, fine art, bitcoin, or the leading tech monopoly stocks, their income and net worth better keep up with the growth of broad money supply.
-If someone wishes to own the median house, with a good healthcare plan and retirement savings, along with nutritionally-dense food and plenty of energy abundance, their income and net worth better surpass official CPI, even if it falls a bit short of broad money supply growth.
-If someone wishes to just get by, living in multifamily housing or with their relatives, with their time spent mainly in the virtual world with cheap mass-produced processed food and with cheap mass-produced consumer goods, then they can get by with less growth of income and net worth, in line with official CPI or lower."
https://www.lynalden.com/august-2023-newsletter/
TBZ on Nostr: 👆 nostr:note10r6sqrjdqmk9rcwxqqttvx6snze4l2r7qt6mz6p3xug9hculmgyqlhc8fv
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