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re: Official CryptoTalk Thread

Posted on 8/28/21 at 3:27 pm to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 8/28/21 at 3:27 pm to
More on that “transitory inflation”…

LINK

quote:

The Office of Management and Budget said it expected consumer prices would rise 4.8% in the fourth quarter from a year earlier, up sharply from the 2% rise that the Biden administration forecast in May. Officials see those price pressures quickly abating next year, with the consumer-price index rising 2.5% in the fourth quarter of 2022, more than the 2.1% they expected in May, and reaching 2.3% in 2023.


Everyone in this thread is likely going to make it through the coming years and thrive even, but I feel like we are staring at the abyss as a society with respect to our sovereign currency
This post was edited on 8/28/21 at 3:32 pm
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