Many Bitcoiners have seen or shared around the images that show Labour Compensation (wages and other benefits) diverging from Labour Productivity since 1971, particularly from sites such as wtfhappenedin1971.com. Rejoining me today is Gene Epstein to break down why this chart is flawed! We also talk about broader issues around CPI, whether inflation is over or undercounted, and cost of living pressures that so many people are facing today. The conclusions will surprise you!We talk:
Links:
Sponsors:
Stephan Livera links:
Entering a new Bitcoin bull cycle with Adam Back (SLP523)
Dodging Knives as a Bitcoin Miner (SLP522)
Support Bitcoin Lightning with Greenlight with Christian Decker (SLP521)
What is BitVM? with Robin Linus and Super Testnet (SLP520)
Self Custodial Bitcoin Finance with Matthew Black of Atomic Finance (SLP519)
Broken Money with Lyn Alden (SLP518)
Bitcoin Merchant Adoption: This Time is Different? with Will Cole (SLP517)
Why You Should Have Zero Debt to Avoid Enslavement with Jimmy Song (SLP516)
HODLing through the cycles with American HODL (SLP515)
Kids Don’t Need School with Jonathan Prescott & Adriana Prescott (SLP514)
Next Generation Lightning with Phoenix - Bastien Teinturier (SLP513)
Will Drivechain Centralise Bitcoin? with Shinobi (SLP512)
v3 Transactions and Package Relay with glozow SLP511
SLP510 Is On-Chain Analytics Legit? Cointime Economics with James Check
Bitcoin L2’s, LN, BTC++, Base58 - Lisa Neigut (SLP509)
Are Bitcoin’s 4 year cycles over? with Vijay Boyapati (SLP508)
Bitcoin Cryptography and Scripting with Andrew Poelstra SLP507
A Paper Computer for Bitcoin? Codex32 with Andrew Poelstra (SLP506)
MuSig2 in Practice, APO, CTV & Bitcoin Soft Forks with Brandon Black (SLP505)
SLP504 Design Your Life With Jurisdictional Arbitrage - Coinsurenz
Create your
podcast in
minutes
It is Free
Insight Story: Tech Trends Unpacked
Zero-Shot
Fast Forward by Tomorrow Unlocked: Tech past, tech future
The Unbelivable Truth - Series 1 - 26 including specials and pilot
Lex Fridman Podcast