Life became harder, even as on paper you were making nominal gains in your salary, whether through the bleed of inflation and a growing money supply, or the policy decisions that failed to account for that inflation, reaching deeper in households pockets than ever intended through taxation and surveillance. The Squeeze #7/7
Printing, it seems harmless to those that don't understand and is wonderfully opaque as a tool for those with power. The results, even as the indexes and anchors caused untold harm on a nominal basis, the damage on a real basis to the median household is so much worse. A dime for your time..... Squeeze #6/7
I'm data curious by nature and now can visualize my curiosity and share it. A project that I wouldn't be able to do in my existing free time is now possible. The Squeeze is a condition I've been thinking about when nominal changes and real changes converge or diverge over time. Here's part 1: The Wage Mirage
He paid someone in town 10k BTC to go buy him up a couple of pizzas. The person was the intermediary BTC service, the pizza shop just made him the pizza.
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