ECB cuts deposit facility rate by 0.25 percentage points.
Christine Lagarde says inflation will decline to 2% [theft of purchasing power] per year in 2025.
Remember, kids: fiat monetary inflation never stops, it just slows down enough so you forget they’re robbing you. https://v.nostr.build/46OxNBVikPohyb9v.mp4
Also don't forget the 2% is in addition to the 6-9% of deflation we should have due to improving technology.
nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpp4mhxue69uhkummn9ekx7mqpp3mhxue69uhkyunz9e5k7qgkwaehxw309ahx7um5wghx7mnnv968xtn0wfnsurtqc6 might have a new book sometime too?
Those numbers are almost double than ones I last heard...😳😆
The world would be far better off without nation-states. And deflation would actually be much larger, because all the creatives would be free to innovate INSTEAD of scrambling to compensate for massive state theft...
