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21 sats \ 1 reply \ @TheBTCManual 18 May 2022 \ on: UK inflation soars to 9%, the highest level in more than 40 years bitcoin
9% is nuts, have they released the PPI numbers in the UK yet? Would like to know what the front running inflation will be like for local produciton
Having such a massive economy, still reducing their numbers through hedonic adjustments and its still nearly double digits is frightening, I don't think people realise what these numbers mean, they are numb to it.
Yep, I actually know people blaming Putin for it as well. This has been building for many years and I am amazed that the central banks are pretending to be surprised. I think it's an act to try and cover their major contribution to the situation.
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