Replying to Avatar Don't Believe The Vibe 🌱🍋🍊

Core is even is a bit higher (2.8).

The argument always is that the imaginary number of 2% is a buffer so that we do not turn into deflation (which economists consider bad). So the lower this official number goes below 2% the faster they need to lower rates. Given there's always a delay of several months it might (again) already be too late.

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Chris Krause 1y ago

https://youtu.be/UnyBJJI2eqs

:))

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