What? Now you again changing theme?
2% inflation? So you follow the CPI to calculate your lost of purchasing power? Lol
Have I ever complained about btc "falling" 30%? What are you talking about..?
Discussion
It’s a survey of publicly available prices. If you don’t wanna believe it that’s fine but not based on evidence, just conspiracy theory. You’re saying that the fed is somehow the enemy of the people since it can’t control inflation, so people should buy an asset that has fallen 30% in a few months… to avoid losing purchasing power that has lost less than 1% in that time due in a large part to powell keeping rates above cpi….
Who sayd FED can control inflation??!!
FED can try to control only SOFR, Secured Overnight Funds Rate.. INFLATION you talking about (price raises) is a completely different thing, and comes from market, from supply and demand, and many other different factors, and you have monetary inflation, price inflation and so on, so CPI, counts just a basket of things, that constantly changes in order to fit the narrative. The items in the basket change constantly.
Monetary inflation is an average of 8% per year.
I am saying the FED and the Government spending is the problem.
Dont waste your time
Oh gosh, if I had saw this before I would definitely saved myself a lot of time.
I am a moron, indeed he was right in a sense. I found the broken clock at the right time.. 🤣😂