Inflation forces food producers to cut costs to keep prices βaffordable.β That means cheaper ingredients, more fillers, and worse nutrition. Your grocery bill stays the same, but your health pays the price.
Consumer Price Index (CPI) is manipulated to downplay true inflation rate. If steak gets too expensive, it's replaced with ground beef. If the cinema gets too expensive, it's replace it with Netflix.
True inflation is the increase of the AUD supply:
Most people underestimate the long game of Bitcoin. Itβs not just about priceβitβs about preserving your wealth across generations.
The strongest hands think in decades, not days.
The illusion of infinite money is what enables reckless spending, endless debt, and hidden theft via inflation. Bitcoin exposes the lieβfixed supply, no bailouts, no debasement. Opt out. π₯ #Bitcoin
If you are frightened of debasement of your currency, you can have an internationally based instrument called Bitcoin. Iβm a big believer.
~BlackRock CEO Larry Fink π