Latest News Block out now! We break down inflation data, why middle class earners say they feel low income, Marathon issuing convertible debt to buy more #Bitcoin, and who got wiped out in the recent crash.
nostr:npub1fpewuyx9rekj9487v2uawmg2any7tm7hpfw9at4q2r42u9jk792qg9vrkt did a great job with this one.
Listen on nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5: https://fountain.fm/episode/rK2f917sizBgEYEnnule
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Enjoying having you both do these. Nice job.
Just to be accurate, not inflation, but price increases dipped below 3%. It’s the Consumer Price Index. Inflation is the increase in money supply. In a debt based system you can measure it by M2+ Debt. Total debt: government, state and local, business and personal. Currently $80 trillion in the US. Every time you increase the money supply (debt), prices go up. Trickle down, uneven, distorted by supply and demand and dampened by productivity increases. Worse, the CPI is manipulated and changed all the time. Useless. Then incomes catch up, delayed, and more for the top 10% and the difference of all of it siphoned off by the elites. And round and round it goes.
Good job! Inflation is down but not the prices.
