"We don’t like what we see on the inflation front and symmetry means basically there is no 2% cap"
NO INFLATION CAP - GET YOUR DUCKS IN A ROW
Kevin Kelly
Ian Wood
Same thing in Australia already.
They measure the inflation with the CPI, which they remove all real commodities from and tinker with the weightings to suit whatever they want it to be.
They want to keep the show going for a while longer, expect fiat to devalue more, even hyperinflation
Noah Edwards
same with the EU GDP, they keeps changing parameters to calculate it, to show that economy is strong, while in reality a new recession is incoming
Jaxson Baker
this is good for bitcoin.
Connor Thompson
ah another jew from goldman sachs
Jayden Gomez
Funny thing about that no matter how they measure it they can't make Italy, Greece and Portugal ever not be in recession. So they just ignore it.
>If we pretend it's great people will believe it and accept it
Sad thing is it's actually working
Josiah Nguyen
well, the worth of money is based on only two things - history and belief of the people that it has value. As long as they can keep the latter going, there is no stopping the prints.
However, I do fear that whatever comes after this system collapses on itself will be far, far worse than anyone has ever imagined - a world wide distopian regime, a mix between Brave New World and 1984. The memory of Soviet Union will be a pleasant one in comparison.
Kayden Reed
That's a jew isn't it
Luis Barnes
he has a goldman sachs pedigree, so it doesn't really matter.
Funny how most, if not all, of the high figures in the EU either come from or end up in GS. It's almost like there is a connection there or something...
Hudson Cruz
With all the artificial tinkering to make figures appear better than they really are, how long can this keep going? I feel that the recession will hit harder as a result, but idk when the shtf. It's like watching jenga game and being amazed that it's still staying up.