BLOCKCHAINYOGI on Nostr: Most American households lose 2 to 3 percent of their purchasing power each year ...
Most American households lose 2 to 3 percent of their purchasing power each year because of the Federal Reserve’s inflation target of 2 percent. In reality, inflation often runs higher, especially in essentials like food, housing, and healthcare. Over ten years, this can lead to a 20 to 30 percent loss in the real value of your savings.
Imagine working hard for a decade, saving $20,000, and keeping it in a traditional savings account. Ten years later, that same $20,000 buys you significantly less. You didn’t spend it, but inflation slowly drained its value.
That’s not just a flaw in the system. That is the system. And Bitcoin was created to fix it.
Published at
2025-05-06 02:08:49Event JSON
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"content": "Most American households lose 2 to 3 percent of their purchasing power each year because of the Federal Reserve’s inflation target of 2 percent. In reality, inflation often runs higher, especially in essentials like food, housing, and healthcare. Over ten years, this can lead to a 20 to 30 percent loss in the real value of your savings.\n\nImagine working hard for a decade, saving $20,000, and keeping it in a traditional savings account. Ten years later, that same $20,000 buys you significantly less. You didn’t spend it, but inflation slowly drained its value.\n\nThat’s not just a flaw in the system. That is the system. And Bitcoin was created to fix it.",
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