
149. Superabundance with Gale Pooley
The Bitcoin Standard Podcast
Is There a Difference Between Inflation and Time Prices?
From 1980 to 2020, we see a 75.2% reduction in the price, in the time price. An hour of work in 2020 could buy you 4.03 times as much of the basic commodities as could buy you in 1980. So this is truly astounding because it's a great measure of just how much our life is getting better.
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