The Denominator Matters.
Joined July 2022
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The Denominator Matters.
UPDATE: The price of a dozen eggs... 🥚
TL;DR Groceries are still expensive.
A dozen eggs costs 63% more in US dollars than it did ten years ago, $2.27 vs $1.39.
Now measure the same dozen in hard money:
• In gold, it's 47% cheaper (about 0.00056 oz, down from 0.00106 oz).
• In bitcoin, it's 99% cheaper (about 2,850 sats, down from 226,000).
Young people aren't wrong to be angry today. Wages paid in a debasing currency can't keep up with a basket of goods that only gets more expensive.
Prices aren't really going up. The dollar is going down.... It is constantly and methodically being debased.
The fancy word for it is #inflation.
Learn the difference between price and value. Then decide what you want to measure your life in.
Source: (BLS average price, eggs, Grade A large, US city average, via FRED. Monthly points through Sep 2026, with Oct data due Nov 10, priced in gold and BTC as of Oct 26.)
(Disclosure: I am long BTC. Not individual investment advice.)
Remember kids…
You are the exit liquidity.
The dollar, yen, euro, etc are debt.
Every liability you have is someone else’s asset.
Every deposit of “cash” in your bank account is contingent upon another person being in debt.
The reason being is because without perpetual credit expansion, currencies stop circulating.
The fiat game is zero sum.
If you want to play a positive sum game, starve the creature.
This is why I always say…
The Denominator Matters.
MORE DOLLARS, LESS WEALTH? Why the Denominator Matters | SimpMe youtu.be/RMlZNAtCofQ?is=nraZ… via @YouTube
The scariest thing about our economy is that your debt is someone else’s income.
Think about that.
You buy a sandwich with a credit card.
The restaurant records revenue.
The owner takes that money and buys sneakers from Nike.
Nike pays its employees.
The money keeps circulating.
Meanwhile, your original debt still exists.
Today’s debt becomes someone else’s income.
Now multiply that by trillions.
We’ve built an economy where debt fuels spending, spending creates income, and that income is used to service more debt.
The system doesn’t just run on money.
It runs on the promise that tomorrow can always pay for today.
And here’s the part nobody wants to confront:
We’ve become so dependent on borrowing from the future that we mistake the spending it creates for wealth.
The real question isn’t how much money is circulating.
It’s how much prosperity survives when the borrowing stops.
This is why you save in hard money they can’t be printed.
The Denominator Matters.