I will give one of our limited edition nostr:npub1g3ra9r7duxrh8q0l2l08ku73ptdfgr0z376mvc2earlfhm6s6xxss8lnnz nostr:npub1yjryjq2kdganuc69zme9agk0q4rjcnlxel3fwp3xm9z68phsxngsqd33a9 ‘The Liberator’ cards to two people who ❤️ and ♻️ this post. If over 100 people ❤️/♻️ I will add a third card.

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.

great! pick the client that works best for you. that's what nostr is about.

Had another one of these days.

Fuckload of progress.

Hard to explain, but this shit will get wild.

nostr:note1jml76ssz294fxtkwdx688aa9l48p3xxpefhft3ztfpvppgk6tcasfhv88j

not sure why I never did this on damus ios but I'm thinking there should be a confirmation screen after you click post that shows a preview of the rendered post in case you screwed something up by accident.