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UncleMeat
1945 days ago
That's obviously false, given that the price of steak is not up ten million fold or whatever over the last decade.
1 comments
solosoyokaze
1944 days ago
Housing, health care and education are all massively inflated. The price of steak isn't a major expense in comparison.
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chillacy
1941 days ago
Inflation as measured by the fed tracks a basket of stuff more like steak than housing. I’ve seen people instead measure how USD tracks against BTC though, which then does become tautologically correct that USD suffers massive “inflation”
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UncleMeat
1944 days ago
Even if inflation literally only tracked those things, it is still many orders of magnitude off BTC's growth.
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solosoyokaze
1944 days ago
People can follow the trend and see where it's going.
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