Re:Temporary pause of Bitcoin withdrawals on Binance
by jokethrowaway on Monday June 13, 2022 @06:48PM
(#31732717)
The indexes used to measure inflation are picked to stay under 2%.
I kept track of my groceries and rent for 10 years up to last year and my perceived inflation was way higher than 2% (even allowing some margin of error). This year is being completely insane but it's hard for me to compare as I moved.
Wages don't grow with inflation (the sad 1% yearly raise) unless you job hop.
Stocks don't give you always the best window to withdraw your annualised 7-8% profit. If you'll need to buy a house or if you'll go to pension you may end up withdrawing at bad times.
Houses have been mostly going up.
Good to beat inflation, terrible for youngsters who need a place to live without paying someone else's mortgage.
I kept track of my groceries and rent for 10 years up to last year and my perceived inflation was way higher than 2% (even allowing some margin of error). This year is being completely insane but it's hard for me to compare as I moved.
Wages don't grow with inflation (the sad 1% yearly raise) unless you job hop.
Stocks don't give you always the best window to withdraw your annualised 7-8% profit. If you'll need to buy a house or if you'll go to pension you may end up withdrawing at bad times.
Houses have been mostly going up. Good to beat inflation, terrible for youngsters who need a place to live without paying someone else's mortgage.