According to @charliebilello, the US consumer dollar’s purchasing power has roughly halved over the last 30 years due to inflation, while the S&P 500 gained about 888% after inflation, or roughly 8% per year, highlighting the real return gap between cash and equities, source: Charlie Bilello via Creative Planning. For traders, this underscores that long-horizon equity exposure has historically outpaced inflation and preserved real wealth versus holding cash, source: Charlie Bilello via Creative Planning. Crypto angle: Bitcoin has increasingly moved with US equities since 2020, with IMF research documenting a rise in BTC–S&P 500 co-movement during the pandemic, making equity strength and inflation narratives relevant to crypto risk appetite, source: International Monetary Fund 2022. Practical takeaway: monitor US CPI and the S&P 500 trend as macro inputs for BTC and ETH positioning when inflation and equity momentum influence risk-on regimes, source: International Monetary Fund 2022; Charlie Bilello via Creative Planning.