pull down to refresh

Food prices fall significantly for the first time with 3.7% in August in the US - at least online purchases. I know it's only online purchases, which account for about 12% of the total, but it's another data point that the Fed should consider along with the falling oil price. Everyone wants interest rates down (look at gov debt), everyone wants to provide fresh liquidity and make fiat credit cheaper!

Down 3% after rising 30%. Is that what they meant by "transitory" inflation?

reply

I think so. But real wages are exploding, I guess

reply
real wages are exploding

Are you working for Kamala's campaign now?

reply

It was a joke. I heard Trump can't interrupt her tonight as they turn off the mics when the other one's talking? That's her final nail in the stupid coffin

reply
It was a joke.

Yeah, but it's still better than any explanation they've come up with, so they might just steal it.

reply

Mierda! Bill goes to Kamala's campaign. They're drowning in cash. I'll convert it by myself kyc-free in real money

reply

Good news for people on modest incomes.

Here in the UK rents remain high. The sooner Bitcoin trumps real estate as a SoV the better.

reply

Yep. The absorber of monetary premia

reply

Gas prices have gone down a bit, too.

reply

Watch oil... let's see what happens after a trump win and they let it run. (>150)

reply

Im wondering if they are playing with prices because of elections?

reply

Look what happend at the future markets and the strategic oil reserve. It's highly manipulated

reply

Yeah, that is what I was suspecting. There are too many issues in the world.

reply

After a very big graph, a smaller graph definitely comes down. This does not mean that it will not grow back

reply

Of course it will. But before you'll see some recessionary vibes in prices

reply
Everyone wants interest rates down (look at gov debt), everyone wants to provide fresh liquidity and make fiat credit cheaper!

I agree. Everyone wants interest rate down. people are worried about inflation. If the interest rate is low then there will be some relief.

reply

Inflation got me eating less to stack more sats

reply
reply