Originally posted on 01/22/2023:

Quote Originally Posted by ChuckyTheGoat View Post
Morning, Mike:

yet nobody talks about how all fiat currencies become worthless

Of course, your comment is a good one. I would argue that A LOT of people are starting to talk about this. Yellen just asked for the debt ceiling to be raised again, what a joke.

If "asset value" was defined in ability to buy a Dozen eggs...that value has eroded by 50% in the Last 6 months.

I think people are waking up to the $$ printing. That's my basic point on the BTC price. Just as a response to inflation, I expect BTC price to rise in lock-step.

Have a great day. Hope you cash some tickets.
weird thing about the south, most of these places don't even seem to care that inflation is rising faster than they label their prices... just in the past 2 days, i bought a hostess honey bun that was marked $2.39 and rang up at $2.99, and cans of modelo at a different convenience store that were marked $3.19 and rang up $3.69

and when you point out their prices are fukked up, they laugh cuz they know you're buying it anyway