Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
SecondLeoTheSecond
on 07/12/2017, 19:25:30 UTC
But what if what we are seeing is in truth fiat-inflation?
There has so much money been printed and it is out there and yet the inflation is just at 15% since 2008 while the amount of money has increased by about 500%.
https://fred.stlouisfed.org/series/BASE?cid=124

Which means everything in dollar should theoretically cost about 5 times as much as it does today. Imagine 15$ for a coffee