Let's be honest, food and especially fossils have been too cheap. Huge percentage of food goes to waste because no-one had the incentives to care. Fossils have been so cheap we have traffic jams everywhere, parking lots take up valuable space and we weren't interested enough in investing in biking infra, railways, etc.

I treasure bitcoin for being delfatory. But fossils getting more expensive is not just about fiat getting weaker, which they are, but also the fossils actually getting more expensive. This is not transient and continued dependence on them will hurt the economy even more.

lost in the fine print I hear they are weighing costco hot dogs and rotisserie chickens 50% to somehow get below 10%…