CraigTheSpaceBum on Nostr: Funny thing it's a giant ass circle. Government prints money, causes inflation, ...
Funny thing it's a giant ass circle. Government prints money, causes inflation, according to federal monetary policy they have to raise interest rates higher then rate of inflation to bring down inflation. Rates go up. Inflation goes down. People go bankrupt. Government steps in, prints money and cycle repeats.
Published at
2025-01-16 23:48:35Event JSON
{
"id": "999dd7ca699c81e600e0b01d7a889d913dfba5634ec1565e07a390899f3dcb3e",
"pubkey": "3ab4c8ea97cd164d17f68990c1006e21e87f31a919a7013ecf2dae2e416938fd",
"created_at": 1737071315,
"kind": 1,
"tags": [
[
"e",
"f47c164b6ea14bcd642128590a03f65be355c52eddbe77846f71ebff5453203c",
"",
"root"
],
[
"e",
"c62d149cf49fa0568ec3a218389a41a3205e49ddc4f02d026b9953025581010b"
],
[
"e",
"d82e92cc37704d12b56fe55764b4f57414b66bb80712e98c72674b606bf376a1",
"",
"reply"
],
[
"p",
"3ab4c8ea97cd164d17f68990c1006e21e87f31a919a7013ecf2dae2e416938fd"
],
[
"p",
"ab7d91705025289d6149ad9ea1abc4ce4c49555df71904f29136c223785ea6f7"
]
],
"content": "Funny thing it's a giant ass circle. Government prints money, causes inflation, according to federal monetary policy they have to raise interest rates higher then rate of inflation to bring down inflation. Rates go up. Inflation goes down. People go bankrupt. Government steps in, prints money and cycle repeats. ",
"sig": "af0bff7d7cbf876eae24e8ee18166ef77a9d1544d134fef2fd1343607847b572205a66b143da4b346765aad94fc8004e4e9b4493c60ee3ae4f6b955e12782256"
}