“Inflation” is not what the Fed tells you it is. Inflation is simply the increase in new Fiat currency within the system. For the US, it’s the M2 monetary supply. That’s the best metric for actual inflation.

I’ve been waiting to make this post for some time now, not so much because of the new ATH but because this song is great. Thanks for @Lyn Alden for turning me on to this band. #bitcoin