Stackchain archive / ledger

Inflation & You

DocumentedStackchain Magazine

Date: 2023-08-28 · basis: publication date recorded in the magazine inventory

Contributor

WaldoStackjoiner

What happened

WaldoStackjoiner walks through seven figures showing income and wealth shares for the bottom 90%, gains inside the top 0.1%, and median-wage versus cost-of-living trends since 1971, arguing that hard money constrained inequality while fiat money benefits those at the top. He criticizes CPI as a poor measure of lived expenses, citing a year where official CPI was 6% while food, rent, electricity and gas ran higher. The piece ends as a pitch to enter the bitcoin rabbit hole, noting gold's inherent flaws made leaving the gold standard possible.

Archive summary written from the sources below — not a quotation.

From the sources

Inflation. By now most Americans are familiar with its effects through direct experience, given its 40-year highs.https://www.stackchainmagazine.net/inflation-you/
this is the moment for which Bitcoin was built.https://www.stackchainmagazine.net/inflation-you/
The Middle Class has been dying ever since.https://www.stackchainmagazine.net/inflation-you/

Receipt

No receipt is held for this entry.

In plain English

Chart-based essay on how inflation has eroded American incomes since the 1971 end of the gold standard

Machine-written summary, not an editorial statement.

Provenance

Stackchain Magazine article, catalogue item 12, category economics-finance. Summarised by the archive from the published piece; quotes below are verbatim excerpts. Original: https://www.stackchainmagazine.net/inflation-you/

Uncertainty

Archive summary of a published article, not the article itself. Quotes are short verbatim excerpts; read the original for full context.
Part of the Stackchain community archive · the ledger. Coverage-limited: this records what the archive holds and says plainly what it does not. Sourced, testimony and uncertain material are kept visibly distinct and are never promoted by appearing here.