Economics

The power of inversion: showing a cumulative inflation chart would trigger a “meh” response in most people, but showing a decreasing purchasing power chart will get their attention.

Chart from @QCompounding on X

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

(I didn’t fact check the data on the chart, FWIW. The argument stands)

Would love to see this compared with wages.

creating and destroying; built flying cars & autonomous vehicles, now building roc.camera, writings: july.rocks

The chart framing is powerful (assuming numbers are correct).

This reminds of @july today talking about stories. E.g. Musk says before PayPal he was eating on $1 budget per meal (boil cheap pasta yourself, etc).

And humour too, like Dr. Evil asking for a ransom adjusted to inflation. Today I’d be 7T.

Part of me wants to say we only accelerate this, while introducing reduced barriers to spinning moneys up. 

Over time they will all trend downward because it moves to a new medium. Maybe I’m seeing it wrong.