RE: RE: Show LEO: A 1938 Cost of Living in comparison to today! Crypto is a must INVEST Asset!
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RE: Show LEO: A 1938 Cost of Living in comparison to today! Crypto is a must INVEST Asset!

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6y

What I'm stating here, is that MILK is MILK, GAS is GAS. These haven't changed, yet why are they 100x their cost from 100 years ago? I know the reasons of coarse, but my point here is these type of good should be going DOWN in cost, wouldn't that make sense in a civilization that is improving its quality of life and improved tools?

You spoke of improved wages, maybe for a skilled worker. Let's look at 90% of the population who get MIN Wage. You think $15/hour is comparable to the inflation? I don't think so.

Also, as noted here my other point was that you need to be investing in assets like BTC, GOLD, as hedges against inflation because this type of behavior will continue for the rest of our existence. And just having a typically salary, will bring you a typical kind of life.