FRNSI (Federal Reserve Note Strength Index)
The chart trending up is a good thing for you! It means your job is still paying useful currency. The higher the chart goes, the more money you make from labor if nominal wages remain numerically static.
If the chart drifts lower, your real earnings are deteriorating.
The long term trend of FRNSI is most certainly down. Holding its notes is a game of hot potato! Everyone knows shorting the FRNSI is a guaranteed winning bet. Simply zoom out!
The chart trending up is a good thing for you! It means your job is still paying useful currency. The higher the chart goes, the more money you make from labor if nominal wages remain numerically static.
If the chart drifts lower, your real earnings are deteriorating.
The long term trend of FRNSI is most certainly down. Holding its notes is a game of hot potato! Everyone knows shorting the FRNSI is a guaranteed winning bet. Simply zoom out!
Comment:
FRNSI has dropped from 17.3 at time of publishing to 17.1