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re: Inflation is cratering

Posted on 4/1/25 at 11:19 am to
Posted by Rip Torn
Member since Mar 2020
6035 posts
Posted on 4/1/25 at 11:19 am to
You do understand inflation due to increased demand is much different than inflation caused by increased money supply which is the inflation we are dealing with currently?
Posted by Dolphinepride
Member since Oct 2024
138 posts
Posted on 4/1/25 at 11:19 am to
"Truflation is developed by Tru Labs, led by founder and CEO Stefan Rust. A serial entrepreneur, Rust earned a degree at Northwestern’s Kellogg School of Management before beginning a long career in tech. He is an ex-CEO of bitcoin.com, and along with his position at Tru Labs, he holds simultaneous leadership positions in multiple related projects including Laguna Labs, its “flatcoin” product Nuon, and the staking solution Trusted Node.

In May 2021, Coinbase CTO Balaji Srinivasan posted a challenge to the crypto community to build “a censorship-resistant inflation feed.” The Truflation team won the challenge, claiming a $200,000 prize. In the following years, it gained support from multiple crypto-based and venture capital sources including Chainlink and Cogitent Ventures. In early 2024, the project raised $6 million through a Series A funding round.

While Truflation only originally used the Ethereum mainnet, in May 2022 it used Chainlink’s interoperable network to launch nodes and smart contracts on Avalanche, Polygon, and BNB Chain. Its expanding efforts continued a couple of months later, when it announced it would begin publishing a UK inflation index (in addition to its US index)."
Posted by fareplay
Member since Nov 2012
6559 posts
Posted on 4/1/25 at 11:20 am to
So you’re saying I should trust this crypto shill index vs the federal government.

Ok

Makes more sense why my fan LNCHBOX believes in the stuff he does I guess.
This post was edited on 4/1/25 at 11:22 am
Posted by jlnoles79
Member since Jan 2014
14462 posts
Posted on 4/1/25 at 11:20 am to
quote:


What is Trueflation


Probably paying Eric for that post
Posted by dgnx6
Member since Feb 2006
89508 posts
Posted on 4/1/25 at 11:21 am to
quote:

So I should instead trust a random dude on twitter?



Or you can go to truflation and check yourself.


Instead, i am going to shoot the messenger.


The new cpi figures will be released 4/10.
This post was edited on 4/1/25 at 11:24 am
Posted by Dolphinepride
Member since Oct 2024
138 posts
Posted on 4/1/25 at 11:21 am to
Lol no, just responding to what it is since no one else has.
Posted by Flats
Member since Jul 2019
28020 posts
Posted on 4/1/25 at 11:21 am to
quote:

So I should instead trust a random dude on twitter?


A random dude on twitter who shills for high fructose corn syrup if you show him a little cash.
Posted by Victor R Franko
Member since Dec 2021
3334 posts
Posted on 4/1/25 at 11:22 am to
Truncation you ax? Look for yourself.
truflation LINK site
Posted by fareplay
Member since Nov 2012
6559 posts
Posted on 4/1/25 at 11:23 am to
This is why even if the dems are dumb, the republicans seem dumber. They just gravitate so hard towards any random non factual data if it agrees with them.
Posted by Powerman
Member since Jan 2004
173381 posts
Posted on 4/1/25 at 11:24 am to
quote:

my shopping has been noticeably cheaper on most items.

Why do people make things like this up? Did yours spend 7 less dollars last month and that was somehow "noticable?"
Posted by thermal9221
Youngsville
Member since Feb 2005
15081 posts
Posted on 4/1/25 at 11:24 am to
Torino’s pizza is $2.50 a pizza.
It’s not cratering.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20032 posts
Posted on 4/1/25 at 11:25 am to
quote:

Inflation is crateringby

Go to the grocery store and get back to me.
Posted by dgnx6
Member since Feb 2006
89508 posts
Posted on 4/1/25 at 11:25 am to
quote:

In February, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally adjusted, and rose 2.8 percent over the last 12 months



2.8% for feb.


truflations peak February was 2.42%




Compounded inflationt hey are saying since the pandemic is 26%.


Thats pretty accurate.
This post was edited on 4/1/25 at 11:28 am
Posted by jrobic4
Baton Rouge
Member since Aug 2011
13148 posts
Posted on 4/1/25 at 11:26 am to
quote:

a week ago


You people don't understand economic trends worth a shite!
Posted by TerraForma
Moscow, ID
Member since Mar 2025
166 posts
Posted on 4/1/25 at 11:26 am to
Posted by fareplay
Member since Nov 2012
6559 posts
Posted on 4/1/25 at 11:27 am to
Because it fits his narrative and he can’t independently think so have to ride Trump no matter what.

Ribeyes are $15 a pound where I live. Uses to be like 11
Posted by Audioman213
Member since Dec 2012
1461 posts
Posted on 4/1/25 at 11:28 am to
Idk about yall but I feel like everything is still expensive as hell if not more so.
Posted by dgnx6
Member since Feb 2006
89508 posts
Posted on 4/1/25 at 11:28 am to
quote:

Because it fits his narrative and he can’t independently think so have to ride Trump no matter what.

Ribeyes are $15 a pound where I live. Uses to be like 11



Inflation from the year through February was down whether you use cpi or truflation.


Cpi hasnt released march numbers yet.


You are the one that cant handle the news.




This post was edited on 4/1/25 at 11:31 am
Posted by ShinerHorns
El Paso
Member since Jul 2021
5617 posts
Posted on 4/1/25 at 11:29 am to
The hard numbers show the facts: Trump has fixed the economy. People are loving the prices on their groceries, and he will continue to fight to keep them down. Folks are spending money and making money, the economy is soaring.
Posted by fareplay
Member since Nov 2012
6559 posts
Posted on 4/1/25 at 11:30 am to
LINK

This is 4 days ago baw.
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