When it takes more bread to buy bread

With inflation at 40-year highs, a war in Europe, and natural disasters happening regularly, I suspect some people are turning to the Book of Revelation, hoping to find clarity regarding the looming apocalypse. This week, The New York Times headline practically jumped off the web page: Bread Prices Skyrocket as Inflation Grips Europe.

My early childhood was in the late 1970s, and it was an economics lesson, to be sure. Gas and food prices were increasing at a much faster rate than my mom's payc

shaneraynor's Recent Blog Posts

Bitcoin maximalists (those who believe that Bitcoin will be the only necessary digital asset in the future) sometimes get annoyed at the number of coins and tokens available in the crypto space. (…
2 years ago
Mark Twain allegedly said, "Everybody talks about the weather, but nobody does anything about it."  Those in the crypto space talk much about decentralization, but it's mostly just…
2 years ago
Mark Twain allegedly said, "Everybody talks about the weather, but nobody does anything about it."  Those in the crypto space talk much about decentralization, but it's mostly just…
2 years ago
If you're new to cryptocurrency, you won't be in the space long before you hear the rallying cry, "Be your own bank." Most of us dislike banks, and if we could avoid setting foot…
2 years ago
Prominent hedge fund Elliot Management has issued a global hyperinflation warning, saying that the ingredients are present for the most significant economic crisis since World War II. That's an…
2 years ago