Idk why they need a shitcoin but the data they collect is interesting. It’s wild how the Fed doesn’t use real time data to make their decisions but rather lagging cpi and jobs numbers that are either inaccurate or fake
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0 sats \ 1 reply \ @grayruby 25 Oct
I have seen their charts and numbers reposted before but I have never looked at the site. Didn't know they had a shitcoin either.
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40 sats \ 0 replies \ @HardMoney OP 23h
Their shitcoin seems entirely unnecessary.
It’s too bad they don’t let you see 15 year charts without enterprise licenses that cost 1000s
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0 sats \ 1 reply \ @Undisciplined 25 Oct
I've looked at it before. I like having several different ways of gauging inflation because none of them are right.
One reason for the Fed to keep doing it the old way is because they want their measure to be comparable over time, which it probably wouldn't be if they changed the methodology.
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42 sats \ 0 replies \ @HardMoney OP 25 Oct
I like the simplicity of the Big Mac indexes for different countries. Distills it down quite a bit
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0 sats \ 0 replies \ @OT 21h
I've been hearing it go round as of late. It's not something I think too much about TBH. Saving in sats is so simple.
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