The big lie about inflation is that is rises at a higher or lower rate. Although this is technically true, the fact is that it is still rising regardless of the rate.
In other words, no matter what you do, each dollar you own is worth less now than it did two seconds ago, two hours ago, two days ago, two weeks ago…
It’s all about value. The value of your work doesn’t change (assuming you’re consistent), but the value of each unit of your payment does. The value of a dozen eggs doesn’t change, but the value of each individual dollar does.
That is, unless you’re paid in inflation-resistant currency.
NextGenFuturist /
npub1aq…20tyw
2023-06-14 01:44:36
Author Public Key
npub1aqg7sue8d0k7t5pe6zyjgtlrmhj93p6657zsnvda9sj92n7yjusqt20tywPublished at
2023-06-14 01:44:36Event JSON
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"content": "The big lie about inflation is that is rises at a higher or lower rate. Although this is technically true, the fact is that it is still rising regardless of the rate. \n\nIn other words, no matter what you do, each dollar you own is worth less now than it did two seconds ago, two hours ago, two days ago, two weeks ago…\n\nIt’s all about value. The value of your work doesn’t change (assuming you’re consistent), but the value of each unit of your payment does. The value of a dozen eggs doesn’t change, but the value of each individual dollar does. \n\nThat is, unless you’re paid in inflation-resistant currency.",
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