Oddbean new post about login | logout “long-predicted” soft landing they said https://www.cnn.com/2024/04/10/economy/economic-storm-clouds-as-inflation-stalls/index.html
MSM ARE CORRUPT to the core
That’s enough of the world news for me. 😂
It’s all narrative crap… every prick and his/her/they dog has to pretend like they have the explanation for everything, like they have any frikin idea… my favourites are are “BTC price did <this> today because <insert crap narrative here>”. @jack, I hope you’re not spending your valuable time on reading CNN…
‘member in 2020 when Jerome said “we’re not even thinking about thinking about raising rates”? Then inflation was transitory… Then inflation was “stickier” than predicted. Then they hiked rates at a historically unprecedented pace but it was OK because they’d nail the soft landing. Then inflation was under control according to Paul “Fax Machine Mission Accomplished” Krugman. Then they were going to cut rates. Now they’re not going to cut rates… It’s almost like having a fluid monetary policy controlled by unelected bankers is a bad idea..? https://i.nostr.build/J6Kml.jpg
can the Sec sue nostr??
inflation is only a problem when private books are allowed to continue unaudited and exorbitantly valued. at a certain point, artificial valuations fallout - especially when the entire economic model is based on stake-acting-as-work. the entire shadow market is based on debt (stake) with promise of work capture through bounty: legalised theft. by erasing rhetoric surrounding the concept of data markets, values can self-correct before catastrophe. some fallout but not collapse. big bank tokenised crypto trading with real assets is a fucking disaster waiting to happen. banks are literally enabling large-scale human identity full coin production slave trade with front end financial asset coverage. if banks get too deep with trades which jeopardise real assets used permissionlessly and their non-participatory clients lose real assets - the global economy collapses. erase rhetoric, erase vulnerability pockets which will inflate and collapse institutional trust.
A la chingada Los They!
Imagine trying to predict specific circumstances in a dynamic system with 8 billion variables. They can’t predict shit. They just the first to smell it
"food is important" "feed your brain" "do not feed your computer brain nostr:nevent1qqsy2k2e6kwkdkfwsde4s5r4nxf7h3z5la73dkv7tamg6dmqy049e0qpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyzprg8ug9dh2hnft5lc7ly92m9su7p6279deaaz2p8ua928ml0n2yqcyqqqqqqg6pn4qx
“Small-business owners haven’t felt this bad about the economy in over a decade” a new, better economy awaits them
:heart
Fed begrudgingly cutting into inflation to get debt2GDP down now? The error they made last time around is to not inflate the debt away, so lesson learned this time? 🤔😅
inflation is transitory they said
Who else noticed the price of #Bitcoin is about to rip so hard that it creates a 90° right angle on the price ticker. Get ready for the green candles🚀 This is the phase we’ve been preparing for since the lows of late 2022 If you’re a fan of #bitcoin and you haven’t join the rebelcapitalist vip newsletter yet to 100x your sats, then I don’t even know what you’re doing here! The rebelcapitalist grinds to produce top-level crypto content every day. their threads and insights are awesome and educative, you will learn a lot from the trend. Source: https://t.me/rebelcapitalistshow
It is not going to be a soft landing at all, considering the labor market trends. People need to prepare for a CRASH. https://www.businessinsider.com/job-market-layoffs-recession-outlook-us-economy-hiring-unemployment-slowdown-2024-4?utm_source=copy-link&utm_medium=referral&utm_content=topbar
