Deflationary Turkey 💸 Just in time for ThanksGiving

These are so small, I had to buy several.

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taken today

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taken five years ago

I bought four and put them in the freezer last week. I cooked one up last Friday with my son and his lady - it was the first time she ever had turkey. Let's just call it a practice turkey.

I have not cooked turkey for five years so I needed the practice. I have not been able to find a turkey in recent years and besides that, I did not have an oven where I had been living.

Now I have an oven and lots of turkeys. I am back in business!

Five years ago...

Here is a picture from my turkey posted five years ago which cost me $32.00 in U.S. money. The local currency was at twenty to one back then.

It was about 8.8 pounds of delicious bird for thirty two bucks.

This year...

This year, I got one that is slightly smaller from the same turkey company and the currency is at about two hundred to one - a thousand percent inflation rate over five years?

This one was a$r3614.00 in local currency which translates to $18.00 in U.S. money.

While the news (never ever worth seeing) is telling people that they should skip eating turkey for this wonderful holiday, I have been buying four times as much because they are half price, in dollars, than they were five years ago.

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Two thousand in Argentinean scrap paper represents just ten bucks. But if you look at the price difference in bitcoin, you see another kind of deflation...

One eight pound turkey in 2016 = 0.0371 BTC
One eight pound turkey today... = 0.00031 BTC

Bitcoin was at $864 back in 2016 and now it is way down at $57,000

Any way you slice it, things get cheaper and cheaper when you own a real asset. That is even true when you live in a hyper-inflationary country.

Have a very Happy Thanksgiving !!

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Thanksgiving is one festival i would love to know about more 😀

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