I argue that inflation is an increasing lack of purchasing power. We're off roug... | Hacker News

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		bb88 on Nov 4, 2022 \| parent \| context \| favorite \| on: Robinhood cuts losses after transaction revenue dr... I argue that inflation is an increasing lack of purchasing power. We're off roughly a third of the BTC peak last year, so would that not be 300% inflation looking at BTC alone?

JumpCrisscross on Nov 4, 2022 [–]

> We're off roughly a third of the BTC peak last year, so would that not be 300% inflation looking at BTC alone?

Yes. I was trying to be generous.

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