The Simplest Bitcoin Book Ever Written
Another way to look at it is the following:
In 1971 , the cost of a house = 2.5 times an average annual salary.
In 2024 , the cost of a house = 8.6 times an average annual salary.
In 1971 , a new car cost about 1/3 of an average salary.
In 2024 , a new car cost over 3/4 of an average salary.
I trust that it is now clear that inflation does not work in your favor
Note: All of these numbers are averages, and variable based on many factors. The point remains, inflation is a hidden tax and is time-theft on our real labor and production.
Hard money fixes this.
Bitcoin is hard money.