Inflation Today
28.04.202505:45
🇺🇸 markets behaving like third world markets ☠️
21.04.202511:56
1-year inflation expectations jumped 1.7 percentage points in April to 6.7%, the highest since November 1981.
This marks a 4th consecutive monthly increase of at least 0.5 percentage points.
1-year inflation expectations have surged by 4.1 percentage points since November 2024.
Moreover, 5-year inflation expectations rose 0.3 percentage points to 4.4%, the highest since June 1991
All while consumer sentiment has dropped to the second-lowest level on record.
Americans are bracing for stagflation.
This marks a 4th consecutive monthly increase of at least 0.5 percentage points.
1-year inflation expectations have surged by 4.1 percentage points since November 2024.
Moreover, 5-year inflation expectations rose 0.3 percentage points to 4.4%, the highest since June 1991
All while consumer sentiment has dropped to the second-lowest level on record.
Americans are bracing for stagflation.
05.04.202523:56
Peak oil schizo has been quiet, but libs are still very much annihilated
07.03.202508:54
06.02.202516:15
They've exhausted reverse repo. I wonder what's next?
28.04.202505:34
Behind 2 deceptions, a controlled demolition of the US dollar and with it the American world order 💥
Orange man is Sampson
Orange man is Sampson
16.04.202507:17
Immigration is associated with lower per capita economic growth (r = -.41) because immigrants come from low-IQ, low-trust populations.
25.03.202519:25
Forget shrinkflation. This is crapflation, where parts and ingredients get lower and lower in quality continuously.
26.02.202503:16
15.02.202507:49
03.02.202502:26
Speedrunning it it this time
28.04.202504:37
BTC is a mechanism created to herd currency into one place so that it can be destroyed when it suits The Powers That Be.
You heard it here first.
You heard it here first.
15.04.202507:04
Univ of Michigan inflation expectations.
15.03.202512:18
Year-ahead inflation expectations jumped to 4.9%.
Three consecutive months of unusually large increases of 0.5 percentage points or more. This month’s rise was seen across all three political affiliations.
This was the largest month over month increase seen since 1993. Everyone expects the money printers to go brrr soon.
Three consecutive months of unusually large increases of 0.5 percentage points or more. This month’s rise was seen across all three political affiliations.
This was the largest month over month increase seen since 1993. Everyone expects the money printers to go brrr soon.
24.02.202505:00
Anyone slurping these cheapies?
13.02.202512:07
US Core CPI has been above 3% for 45 straight months.
01.02.202517:11
This is the Trudeau we should have had all along
28.04.202504:25
@beamrestriction is correct #BTC is a ruse and it can be demonstrated.
The "Turd" comment from Munger can be demonstrated.
- #BTC has zero value as a commodity because it can not be used as input for any physical goods (jewelry , indus, food) or digital (dataset for an information product)
- #BTC has zero value as a security because it does not distributed any coupon or dividend nor liquidation preference.
-#BTC's only value is as a means of circulation in that sense it fits the definition criteria of fiat by Mises. See below.
What gives value to fiat is not its fixed supply. But supply in relation to circulation money deman. The pre-Euro french francs are scarce and fixed in supply but have ZERO circulation (demonetized).
So the value of #BTC is defined by MV=PQ except that barely 12% of people in Salvador have used it in circulation.
You will note interestingly that while the SEC allowed #BTC for the liquidation function, the IRS order of 12/31/2023 at the same time made it practically impossible to be used in circulation and thus acquire value in circulation.
So MV=PQ is very very imbalanced. Some say that the time preference is low and V can be very low. It is false because unlike Salt (used in the past for money) or Gold or Cattle (also used as money), IF the velocity is zero meaning that you can't use it as a form of means of circulation you can still use those commodities for peronsal use to make an ornament for a love one or eat it.
However at ZERO velocity MV=PQ does not solve, you can't use #BTC for any personal consumption use. Which is normal because it is fiat.
Now if the new Government repeals the order from the IRS, I am curious to see that because it would constitute a loss of seigniorage for the US Gov.
#BTC is fiat (Mises defintion) and oversupplied (Kemmerer)
But is a useful non-inflationary liquidity decoy to prop up the USD and UST.
What bob says is not a fantasy it is documented in BIS paper 141.
#BTC is most likely a Gov sponsored program. It has a SECOND impact as a non-inflationary liquidity decoy.
If the liquidyt were to go into
Foods and Metals
=> higher prices
=> higher inflation numbers
=> higher interest costs for the gov
=> higher deficit interest burden
=> higher cost of sterilization for the #Fed via IORB and more negative equity at the FEd (compromising the other components that is M0) #BTC is therefore a way to protect the USD and UST.
The "Turd" comment from Munger can be demonstrated.
- #BTC has zero value as a commodity because it can not be used as input for any physical goods (jewelry , indus, food) or digital (dataset for an information product)
- #BTC has zero value as a security because it does not distributed any coupon or dividend nor liquidation preference.
-#BTC's only value is as a means of circulation in that sense it fits the definition criteria of fiat by Mises. See below.
What gives value to fiat is not its fixed supply. But supply in relation to circulation money deman. The pre-Euro french francs are scarce and fixed in supply but have ZERO circulation (demonetized).
So the value of #BTC is defined by MV=PQ except that barely 12% of people in Salvador have used it in circulation.
You will note interestingly that while the SEC allowed #BTC for the liquidation function, the IRS order of 12/31/2023 at the same time made it practically impossible to be used in circulation and thus acquire value in circulation.
So MV=PQ is very very imbalanced. Some say that the time preference is low and V can be very low. It is false because unlike Salt (used in the past for money) or Gold or Cattle (also used as money), IF the velocity is zero meaning that you can't use it as a form of means of circulation you can still use those commodities for peronsal use to make an ornament for a love one or eat it.
However at ZERO velocity MV=PQ does not solve, you can't use #BTC for any personal consumption use. Which is normal because it is fiat.
Now if the new Government repeals the order from the IRS, I am curious to see that because it would constitute a loss of seigniorage for the US Gov.
#BTC is fiat (Mises defintion) and oversupplied (Kemmerer)
But is a useful non-inflationary liquidity decoy to prop up the USD and UST.
What bob says is not a fantasy it is documented in BIS paper 141.
#BTC is most likely a Gov sponsored program. It has a SECOND impact as a non-inflationary liquidity decoy.
If the liquidyt were to go into
Foods and Metals
=> higher prices
=> higher inflation numbers
=> higher interest costs for the gov
=> higher deficit interest burden
=> higher cost of sterilization for the #Fed via IORB and more negative equity at the FEd (compromising the other components that is M0) #BTC is therefore a way to protect the USD and UST.
14.04.202520:31
14.03.202516:10
Every country to the right of the dashed line is degrading their intellectual capital through immigration. Notice anything interesting?
22.02.202518:31
Name a more poetic AI
06.02.202516:37
Fords love US fuel. Imported duty free at $1.09 when local stations want $1.80
01.02.202517:11
Tariffs are good for industry and good for citizens. Before the world wars governments taxed imports instead of their citizens income and we had strong industries at home.
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