Fact Check - Why Am I Broke?

✅ Claim: Inflation makes your money worth less.

True.
Inflation is defined as the general increase in prices over time, which reduces the purchasing power of money.
Source: stlouisfed.org

✅ Claim: The money we use is designed to lose value over time — this is called inflation.

Mostly True.
Modern fiat systems target positive inflation (e.g., 2% annually in the U.S.) as part of central bank policy.
Source: federalreserve.gov

✅ Claim: When governments inflate money, there's more of it in the world.

True (in monetary terms).
Inflation often results from expanding the money supply without matching production.
Source: investopedia.com

✅ Claim: When something becomes less rare, it becomes less valuable.

True (economic principle).
This follows the law of supply and demand.

✅ Claim: As more money is created, the money you have buys less.

True.
Increased money supply without economic growth reduces currency value.
Source: imf.org

✅ Claim: Central banks create inflation on purpose to encourage spending.

True.
Positive inflation reduces the incentive to hoard money, supporting consumption and jobs.
Source: federalreserve.gov

✅ Claim: Most people don't realize this.

Subjective, but reasonable.
Surveys suggest limited public understanding of inflation and monetary policy.
Source: forbes.com

✅ Claim: Bread has gotten cheaper to produce, but prices have still gone up.

Generally true.
Better machines and productivity lower cost, but inflation and input costs raise prices.
Source: ers.usda.gov

✅ Claim: Prices rise not because bread changed, but because money did.

Mostly true.
While some input costs fluctuate, long-term inflation is driven more by monetary value erosion than by bread production cost increases.
Source: Bureau of Labor Statistics CPI data

✅ Claim: Bitcoin is different. Bitcoin inflates less and less over time.

True.
Bitcoin has a fixed maximum supply (21 million), and the issuance rate halves roughly every 4 years — a deflationary design.
Source: bitcoin.org

✅ Claim: Over the last years, house prices in BTC terms have declined significantly.

True.

Sources:
benzinga.com
nasdaq.com

✅ Claim: One dollar buys much less.

True.
The U.S. dollar has lost over 90% of its purchasing power since 1913.
Source: usinflationcalculator.com

✅ Claim: Bitcoin is scarce, so it holds value better and may even gain over time.

Generally true.
Bitcoin's scarcity (fixed cap and predictable issuance) contributes to its store-of-value narrative. Still, its value is market-driven and volatile.
Sources: CoinMetrics, Glassnode