On this Elon/Trump talk, Trump just said “we would have no inflation” if not for Biden. This is false.

I think it’s important to clarify that there *was* massive inflation during Trump’s administration.

From January 2017 to January 2021, the M2 money supply increased from ~$13.3 trillion to ~$19.4 trillion by January 2021.

That’s an INFLATION of ~$6.1 trillion, or ~45%.

There is a LAG between monetary inflation and general price increases throughout the economy, and price increases do not happen uniformly (look up the Cantillon Effect).

To clarify for the partisans out there: this is NOT an attempt to make excuses for Biden or to say that the monetary and fiscal policies under Biden are good; they are not good.

The point is that it is false to say “there was no inflation” under Trump.

Monetary inflation *is* inflation.

NO PRIVACY? NO FREEDOM.

GOOD MORNING. 🫡

Yes, committing battery against little humans who are trying to figure out the world is 100% mandatory. Seriously...psychopath. Get help. It doesn't get any more evil than that.

What's the best thing you ever bought with #bitcoin?

Gm.. Everyone! 1 day closer to being NODSTR only..

There’s a huge conversation going on in my notifications about this, so I thought I’d just make a post and let everyone weigh in.

Is spanking children effective/appropriate?

Hey guys first post on here

#introductions

every comment within 24 hours

gets 2121 sats

NO double comments allowed

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Anyone here do any farming? Gardening? Any plant and dirt play at all?

OW! FUCK! NEVER BEFORE IN MY LIFE UNTIL JUST NOW HAVE I EVER GOT MY DICK SKIN CAUGHT IN MY ZIPPER!!!!! 😬💀

I am getting close to giving a more detailed assessment on Israel/Hamas, as it drags on.

And it will probably be Nostr-only since other platforms can’t handle it. It is too polarized. Everyone is tunnel-visioned.

My husband is currently in Cairo dealing with some property work we are doing for our extended family. They are only 250 miles from the problem, and Egypt’s acute currency crisis brings it closer to home if military or refugee shit hits the fan. Most of my extended family is geopolitically or financially close to the Israel/Gaza issue and is Muslim. I am thus both close and far from the issue. And I grew up in the US in a diverse region with Jewish and Muslim peers, but more-so Jewish overall.

Suffice to say, I don’t want civilians on either side to suffer or die. I am pro-humanity first and foremost.

Before I give my eventual analysis, I am happy to see Nostr comments on the issue. What are your thoughts and questions on the topic? What would you like to see addressed from a diverse or as non-biased source as possible?