> You've lost probably more than 10% of your own buying power over the last year at no fault of your own, and you never questioned it. The housing market is now impossible for average people to enter (especially in cities), as easy, low interest money has inflated home values and the house price to income ratio has gone steadily up and to the right.
These are real pain points, and part of why I was very excited about crypto circa 2017-2018. It's been five years now, and the builders in the web3 community seem to have stagnated on this, taking a wide tangent into digital art, online clout, and ponzi schemes. The currencies themselves are limited on transaction throughput and trade like traditional risk assets, level 2 networks haven't lived up to their initial hype, and we have come to find that decentralized, immutable currencies are problematic to work with in many situations.
From my viewpoint, it doesn't look like crypto's going to break us out of the local maximum that is central banking/MMT