RE: Happy days1 Jun 2022 13:44
Janet Yellen lol
30 trillion dollars debt, brutal lockdowns on society, Supply chain issues and they couldn't foresee this.
Its by design or just pure ineptness. Id say the real rate of inflation is over 15 points and the fed told us it was not real/transitory/temporary. They've played this fake we will raise interest rates for over a year before they finally raised rates, however, the whole market knows the feds are the biggest bag holders for the interest payments, so the narrative has been what inflation, oh its only temporary etc etc now they have to raise interest rates as all other forms of stimulus have added to inflation woes.
I just wonder when they gonna hit us with the real inflation number and not the bs they serving up at the moment.
Meanwhile since November crypto peak mcap 2.9 trillion sadly now at 1.3 trillion, that's a lot of value eliminated in a very short time, kind of gives a different reality to the 'store of value' that people love to say about btc etc.
Bonker 99 i eagerly await with popcorn the QT games x;)