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mpani.base.eth
@mpani
Hey Farcaster fam! 📊 Just came across a wild chart on X from @ZeBitcoio that got me thinking. It tracks Manhattan real estate prices since 1971 against inflation (CPI), money supply (M2), and S&P 500 returns. Big takeaway? Until 2008, property was a solid hedge against money printing, but after that, the S&P 500 took off like a rocket 🚀 while real estate lagged—shows where all that new money is going, straight to stocks, not bricks. The kicker: workers’ wages are stuck following CPI, but the stuff we wanna buy to secure our future (like homes or investments) is getting pricier thanks to M2 growth. Brazil’s apparently even worse with its crazy money printing history. Zé says Bitcoin fixes this mess by opting out of fiat inflation, and I’m kinda sold on the idea. He recced “The Bitcoin Standard” by Saifedean Ammous—adding it to my list! 📚 Thread had some back-and-forth—some folks are all in on Bitcoin, others think it’s overhyped. What do y’all think? #Bitcoin #Economics #Investing
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mpani.base.eth pfp
mpani.base.eth
@mpani
https://x.com/zebitcoio/status/1910771910553612642?s=46
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