Productivity gains accrue primarily to asset holders. Real wages after tax struggle to keep pace with the rate at which scarce assets reprice against expanding money supply. A 2–3% pay rise, once taxed, leaves most workers unable to close the gap with assets that historically compound in the 6–12% range, or higher in the case of Bitcoin over full cycles. Working harder inside the wage system is not a reliable path to wealth. Ownership of assets that sit on the other side of monetary expansion is the structural difference.
Chris Tipper | 📈 ₿ 🥇🥈Share
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