btcclub on Nostr: From 1990 to 2016, Australia printed $700 billion dollars, marking a 1,644% increase ...
From 1990 to 2016, Australia printed $700 billion dollars, marking a 1,644% increase over 26 years, or an average inflation rate of 7.17% annually.
To real estate owners: your property may have increased over time, but only at the rate of inflation.
If property doubles in value every 10 years, so does the money supply.
Here is the evidence.
Full blog about Australian Money Supply history, and the reason more countries are accepting unsustainable immigration levels.
https://proofofwork.com.au/australian-money-supply/If you do read the post, please let us know in the comments on your thoughts.
#australianmoney #australianmoneysupply #bitcoin #bitcoinasia
Published at
2024-05-13 11:17:14Event JSON
{
"id": "632c32f3966966d31a4c39587cc22f1173270576027ac79595786731443ceb89",
"pubkey": "b4a13102284bd6879d7330accc8b3c22878d7e6699f9cb02fe2d1a44dd04beef",
"created_at": 1715599034,
"kind": 1,
"tags": [
[
"t",
"australianmoney"
],
[
"t",
"australianmoneysupply"
],
[
"t",
"bitcoin"
],
[
"t",
"bitcoinasia"
]
],
"content": "https://m.primal.net/IGLo.jpg \n\nFrom 1990 to 2016, Australia printed $700 billion dollars, marking a 1,644% increase over 26 years, or an average inflation rate of 7.17% annually. \n\nTo real estate owners: your property may have increased over time, but only at the rate of inflation.\n\nIf property doubles in value every 10 years, so does the money supply.\n\nHere is the evidence.\n\nFull blog about Australian Money Supply history, and the reason more countries are accepting unsustainable immigration levels. \n\nhttps://proofofwork.com.au/australian-money-supply/\n\nIf you do read the post, please let us know in the comments on your thoughts. \n\n#australianmoney #australianmoneysupply #bitcoin #bitcoinasia",
"sig": "4812abf1b9ccd0ac75cd5ed0e3271d5dc2d0ea7dc6ef88e1d280ac5bafc9ae1ffe2927316898462e44d068ee700fd2c2a2f85df937c76b89e2c8fef1bab87131"
}
