What is Nostr?
btcboomer / ₿TC Boomer
npub1rr4…d8yc
2025-01-09 19:32:09
in reply to nevent1q…wfgt

btcboomer on Nostr: For decades they conditioned us to think 2% inflation target meant everything was ...

For decades they conditioned us to think 2% inflation target meant everything was working well. How is 2% theft a good thing? Is that the level where it feels negligible? Well it sure is theft when the money supply grows at 7%+ per annum and compounds from there. They can manufacture whatever inflation rates they want and manipulate CPI but everyone buying food to feed their family knows they inflated more than they will admit
Author Public Key
npub1rr4tj6tqw34j7mt3ep00dkrh4cq0myzwz73yr50n7aqf4fkvcrcqljd8yc