M2 money supply, but it takes a lot of explaining.
Triple the CPI to get in the range of real inflation... 😅
Discussion
It's such a difficult question. A friend wants to start a food truck business, but seems to me that some prices for restaurant food is actually falling here in my city as consumers cut back.
we know that M2 is going to skyrocket. I'm afraid he will be stuck selling food at basement prices while inflation-reacting assets will make a food truck investment look silly.
But how long should one delay making investments in actual productive things while hedging into Bitcoin.
I would never start a food truck business in the best of times unless you are in a community that is mostly BTC based, or at least silver/gold based. Anything other than fiat.
That is a great point. It seems like the worst part of the rate cutting cycle to make an investment. Deflation in salaries and profit margins on one side while inflation on desirable assets
Knowledge workers working for the man with no capital outlays right now are where it's at. Some people don't like to hear that, "just suck it up and work in a cubicle a little longer". Keep that business idea just an idea for a little longer.
Yes, but also the opposite:
Stuff still needs to be built and fixed, and you can't do that remotely.
In my country, we have almost 0 unemployment. Really, ppl not working here either are unable or don't want to.
Our problem is consumer spending. Nobody spends. We are cautious and waiting.
Funny thing is that the state can't "invest" because there's no one who could do whatever they decided to build. The only thing they can do, is to raise salaries for public sector (which is a lot of people here).
🍿
What an interesting dynamic.