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1 sat \ 0 replies \ @zuspotirko 27 May 2022
People don't know how to save money in a secure currency that is always 1 out of 21m. So they spend now instead of getting less for it in the future. And then they have no reserve for small emergencies in life. It's actually pretty sad.
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1 sat \ 2 replies \ @faithandcredit 27 May 2022
Fascinating chart. People are spending like crazy.
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31 sats \ 1 reply \ @gmd 27 May 2022
Shit's getting so expensive it's impossible for most to save...
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22 sats \ 0 replies \ @JustDavids 27 May 2022
You nailed it.
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0 sats \ 0 replies \ @higuyslol 28 May 2022
To be fair — saving is a dumb thing to do during high inflation
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0 sats \ 0 replies \ @jackie 27 May 2022
Boutros Boutros-Ghali.
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0 sats \ 0 replies \ @cozy 27 May 2022
From 9% to 22% of Americans have bought Bitcoin. I'm guessing they don't include that in their statistics. If a reader of this considers Bitcoin a form of value storage, then FREDs model is broken, so this is kind of a useless metric.
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0 sats \ 0 replies \ @JustDavids 27 May 2022
Thanks Fred 👍
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