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Chart Of The Week Inflation is yet another way for governments around the world to shove a middle finger in the working class’ face. That money you slaved away for over the last year? It’s worth less now than before, meaning you’re going to pay more for goods and services. A dollar today does not have the same buying power as a decade ago, not to mention a century ago, and so the financial enslavement of the masses continues as governments keep printing more money. Along comes bitcoin. Instead of theoretically being able to create more money wherever and whenever indefinitely, Satoshi Nakamoto decides there will be a limit to the amount of bitcoin created over time, with the supply capped at 21 million. We all know the story. What this in turn meant was that many believed that bitcoin would be an ideal hedge against inflation and the devaluation of fiat currencies by the governments that control them.

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