WhiteWolf on Nostr: Very good post by Parman. Do not get fooled by the CPI number (basket of pure crap ...
Very good post by Parman.
Do not get fooled by the CPI number (basket of pure crap selected to achieve the desired number) thinking this is "inflation". Its not. This is a deceitful way to keep you ignorant.
This is why we #Bitcoin
Do not get fooled by the CPI number (basket of pure crap selected to achieve the desired number) thinking this is "inflation". Its not. This is a deceitful way to keep you ignorant.
This is why we #Bitcoin
quoting note1q5m…0ksdAlways be careful to not use "inflation" interchangeably with "CPI".
They are not the same thing. CPI is whatever you are told it is, completely disconnected from price inflation, and calculated however they want in a way you CANNOT VERIFY.
Also, "inflation" means growth in MONEY QUANTITY, nothing to do with prices, so use "price inflation".
Undoing the scam involves spreading correct information - fixing the language corruption can help somewhat.
Do not do blind superficial research on the definition of "inflation" - you will get scammed.
Study Austrian Economics, the only correct economics which has successfully been censored.
https://www.amazon.com/Choice-Cooperation-Enterprise-Human-Action/dp/1598132180