In my many years of building businesses and other various income sources there's one thing that always sticks out and that's inflation. It's a nasty made up thing by those in power in order to continue to keep them on top while crushing your power over time. In just my life time that purchasing power of a dollar has fallen nearly in half.
As an example of this say I got $100 in the year 2000. If I wanted to buy something that was $100 then compared to the same thing now it would cost me around $192.56 in order to buy the same thing. A staggering 93.91% inflation over just those years alone.
You see... Inflation is made up. It's a way for debt to constantly be built and unless you have assets that keep up with that inflation you will continue to fall further and further behind. This is why things like savings accounts will almost always never make you enough to keep ahead and instead stocks, real estate, gold and silver are often looked at as ways to hedge against this inflation as these assets should closely match the inflation of the fiat currency.
The biggest take away for all of this should be this understanding...
In the world we live in today and continued to live in for your entire life would you say you have access to more things?
But are those things cheaper?
That's the kicker. Inflation when you put it against production power we should be seeing prices of items constantly fall and not rise. As less man power is needed, less overhead costs, better efficiency you should see this chart opposite where your money allows you to buy more now compared to before. This clearly shows us just how out of control everything is and most likely always will be.
This is one of the many reasons many people are still interested in bitcoin. It has a finite supply of which only so many will ever be made and most likely some will constantly be lost which would cases a deflation in the asset class further driving up its value.
What assets are you building up?
P.S I wanted to start blogging again a bit but my focus has now shifted. My goals now are to build physical. That means land, power production, asset building in physical gold and silver but still keep pressure on the digital space as well.
