A newly published excerpt from 'Bitcoin: The Honest Money' by Alex v. Frankenberg illustrates how inflation erodes purchasing power by tracking the rising price of ice cream over time. The passage argues that as central banks expand the money supply, everyday goods become more expensive, quietly diminishing the real value of wages and savings. By anchoring an abstract economic concept to a relatable consumer item, the excerpt makes the case that inflation functions as a hidden tax on ordinary people. The book positions Bitcoin as a response to this dynamic, framing its fixed supply as a mechanism for preserving value across time. The excerpt appeared on Bitcoin Magazine and is aimed at readers new to monetary theory.
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