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 theyβre robbing you. https://v.nostr.build/46OxNBVikPohyb9v.mp4
How are you uploading video directly to clients? I have a difficult time doing that for longer duration videos on damus
I uploaded this one directly on nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955
For ~5 minute videos I use nostr:npub1nxy4qpqnld6kmpphjykvx2lqwvxmuxluddwjamm4nc29ds3elyzsm5avr7
For my long-form nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 episodes (1.5-2 hours) I host the videos on https://satellite.earth/cdn then post them via nostr:npub1w0rthyjyp2f5gful0gm2500pwyxfrx93a85289xdz0sd6hyef33sh2cu4x
Thank you π€πΌ
βto 2% [theft of purchasing power]β
Great! π
And no one asked this convicted criminal why it hasn't come down to 2% while rates were HIGHER?
Also don't forget the 2% is in addition to the 6-9% of deflation we should have due to improving technology.
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe might have a new book sometime too?
Those numbers are almost double than ones I last heard...π³π
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...
Yes π―
Something weird is going on up there.
I can feel it.
She also said this would happen in 2020, 2021, 2022, 2023 and 2024.
Hey, Walker!π
Please don't forget; Jeff Booth insists that "2 percent inflation" is *actually* a SEVEN PERCENT THEFT of purchasing power.
You have to START with humanity's normal 5% ANNUAL DEFLATION of all goods and services due to brilliant inventions, innovations, and improvements...
Anyone who believes state lies about a "two percent inflation rate" is probably delusional about a LOT of other things as well.π The REAL rate of $USD inflation could be as much as 10% or more, bringing state theft by inflation alone to a whopping 15%...
And don't get me started on TAXATION...
Remind me again; Why do we want this thieving gang of thugs (AKA, the government) ruling and robbing us?π€π§π³π€¬βββββ
doubling my short EUR position right now
