TD₿: The Ultimate Guide to Inflation by Lyn Alden
TL;DR Inflation is at highs not seen in decades, maybe it's time you learned exactly what it is.
Hey Bitcoiners,
This morning the new CPI numbers came in at +6.2%, the highest reported YoY increase in over 30 years.
To Bitcoiners this shouldn’t come as a surprise. We knew this inflation was inevitable given the irresponsible monetary and fiscal policy decisions made over the last several years.
Inflation is a complex subject, and no one breaks it down better than my friend Lyn Alden in her piece The Ultimate Guide to Inflation.
As inflation rears its ugly head, it’s becoming more and more apparent that the world needs money that can’t be inflated by central bankers and politicians.
The world needs Bitcoin.
Tick tock next block,
Cory Klippsten
Buy Bitcoin at Swan and protect your savings from inflation.
Quote of the Day
“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.” - Milton Friedman, Economist
Meme of the Day
