HODLmitch on Nostr: If current inflation rate is ~15% How fast does $100k lose purchasing power? ...
If current inflation rate is ~15%
How fast does $100k lose purchasing power?
Substitute inflation for decay:
$85k - 1st year ending balance
$72k - 2nd vear..
$61k - 3rd...
$52k - 4th...
$44k - 5th..
You lost 56% of your money... but you don't see that because inflation invisible
Buy #bitcoin
Published at
2023-04-22 21:49:38Event JSON
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"content": "If current inflation rate is ~15%\nHow fast does $100k lose purchasing power?\nSubstitute inflation for decay:\n$85k - 1st year ending balance\n$72k - 2nd vear..\n$61k - 3rd...\n$52k - 4th...\n$44k - 5th..\nYou lost 56% of your money... but you don't see that because inflation invisible\nBuy #bitcoin",
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