127 sats \ 1 reply \ @shyfire 28 Jul 2022 \ parent \ on: Fed Hikes 75bps: Remains "Highly Attentive" To Inflation But Cautions ... bitcoin
I suppose it's because 0.75 is the soft landing number, but I have a hard time believing it will do enough to curb inflation given what's going on in the world, so we'll see.
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25 sats \ 0 replies \ @faithandcredit 28 Jul 2022
The west has a century of experience as a market economy. Right now as a result of the inflation shock people are changing habits, saving, spending less, companies are optimizing harder, spending less, the next inflation number could be a surprise to the downside, but lets see.
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