ArthurAmendt on Nostr: I usally use to find out how much my eggs should be costing me. Now the FED is ...

I usally use https://www.pricedinbitcoin21.com/chart/agriculture/WEGGS
to find out how much my eggs should be costing me. Now the FED is showing me how important it is to save for eggs in bitcoin.

quoting
note1zjq…une6

My favorite page on the StLouisFed .org (FRED) site:

"Buying eggs with bitcoins."

Since they started keeping track in January 2015 through July 2024, the price of a dozen eggs:

- In US dollars: Up +46.0%, from $2.11 to $3.08.

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- In #bitcoin: Down -99.5%, from 925,406 sats to 4,903 sats.

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CONCLUSION: Life gets ever more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.

Inflationary fiat currency versus neutral inelastic energy money...

The choice is yours.

Source: https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/