Posted on 07/15/2018 1:24:17 PM PDT by OddLane
No wonder my listeners demanded this episode. Saifedean Ammous takes an economic perspective informed by the Austrian School and applies it to Bitcoin and why it matters. He discusses the various roles Bitcoin can play, and parries common objections. (We also take an animated detour into the BCH/BTC discussion, for those of you interested.)
The problem with your chart is it’s starts during a period of low prices, following much higher prices in the years before. Much higher than now. Personally in my area (CA) I’m seeing prices as low or lower on meat than I have in many years. Last week my local grocery store had bone in pork sirloin for 99 cents a pound. This week split chicken breasts 88 cents a pound. Tri-tip 2.48 Lb. Back around 2010 they would have been 2-3 times that.
You can deny reality but reality is still there proving you wrong.
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