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!
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Down 3% after rising 30%. Is that what they meant by "transitory" inflation?
I think so. But real wages are exploding, I guess
Are you working for Kamala's campaign now?
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
Yeah, but it's still better than any explanation they've come up with, so they might just steal it.
Mierda! Bill goes to Kamala's campaign. They're drowning in cash. I'll convert it by myself kyc-free in real money
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.
Yep. The absorber of monetary premia
Gas prices have gone down a bit, too.
Watch oil... let's see what happens after a trump win and they let it run. (>150)
Im wondering if they are playing with prices because of elections?
Look what happend at the future markets and the strategic oil reserve. It's highly manipulated
Yeah, that is what I was suspecting. There are too many issues in the world.
After a very big graph, a smaller graph definitely comes down. This does not mean that it will not grow back
Of course it will. But before you'll see some recessionary vibes in prices
I agree. Everyone wants interest rate down. people are worried about inflation. If the interest rate is low then there will be some relief.
Inflation got me eating less to stack more sats
Crazy drop