Yes, always the same whining: prices are rising, the cost of living is unbearable blah blah blah. It may well be that some everyday goods are rising in price, but this is certainly very well calculated in the five-year plan of our central planners and is only for the benefit of the masses, who have overeaten themselves in recent decades anyway. Trust in the omniscience of our central planners, then nothing can go wrong. Hold cash, buy government bonds and be happy with what you have.
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76 sats \ 0 replies \ @0xIlmari 10 Jun
They just keep removing products from the CPI basket if their prices don't conform to the narrative. I wonder what even is left in the basket.
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63 sats \ 1 reply \ @flat24 10 Jun
Inflation will not be controlled, and I think that all the data is disguised, the only salvation for us mortals is to learn to buy, store and spend bitcoin to be victorious in the medium-long term.
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0 sats \ 0 replies \ @TomK OP 10 Jun
Exactly
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42 sats \ 1 reply \ @030a29f333 10 Jun
Prices dont stop going up when inflation "comes down". Shocking how many people don't understand this.
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5 sats \ 0 replies \ @TomK OP 10 Jun
Or the implications of growing money supply.... or the crediy cycle
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42 sats \ 1 reply \ @BlokchainB 10 Jun
Ahh not bullish on bonds? Once they cut rates that 4.5% coupon will look all so juicy!
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50 sats \ 0 replies \ @TomK OP 10 Jun
Ohhh yeah... send me some. On 21st I'll make the traditional summer solstice fire
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42 sats \ 1 reply \ @Coinsreporter 10 Jun
Lol! This is a big ballistic farce!
Central authorities only understand and show us data that they make. They don't form any policies on realistic but unauthentic data sources. I actually wonder why people are even hopeful! The whole of economic system around the world is now fucked up and it's merely staying on false hopes created by foolish political vampires!
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0 sats \ 0 replies \ @TomK OP 10 Jun
I made a joke
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42 sats \ 0 replies \ @didiplaywell 10 Jun
Ok! 🫡
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0 sats \ 0 replies \ @BitcoinAbhi 10 Jun
Inflation can occur when prices rise due to increases in production costs, e.g. for raw materials and wages. An increase in demand for products and services can lead to inflation as consumers are willing to pay more for the product.
Improvements in the supply chain and falling real estate prices have yet to be fully reflected in the inflation figures. Average inflation from 2024 to 2028 is likely to be just below the Federal Reserve's inflation target of 2.0%
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