The tweet was deleted by the author.
But we saved everything 🙂.
Adam Livingston argues that the reported U.S. inflation rate of 3.7 percent understates the actual loss in purchasing power.
He states that even if the official figure is accepted, inflation at this level would reduce an individual's purchasing power by 51.6 percent over a 20-year period. According to his calculation, something costing $100,000 today would increase to about $206,812 in the same timeframe.
View post on X Loading...
Livingston has previously examined market resilience, noting that Bitcoin holders have endured severe market drawdowns and industry shocks. He has also pointed out that U.S. housing prices rose in dollar terms since January 2020 but fell sharply when measured in Bitcoin. These observations come amid ongoing debate about inflation and real-world purchasing power.