64 months straight. That's how long US core inflation has been above the Fed's 2% target.
At some point, you stop calling it "transitory" and start calling it what it is: policy failure.
The Fed had a chance to act — raise rates, end QE, show they're serious. They didn't. Instead, we get speeches and reassurances.
Talk is cheap. Credibility isn't.
If you're holding cash or planning any kind of currency exchange in the next year, this matters. Inflation eats purchasing power. The longer it ru...
Most people are getting poorer and they have no idea why.
Your salary goes up, your bank balance doesn't shrink… On paper you're fine.
But things like property, stocks, and land run away from you. And every year the gap gets wider.
Here's what's happening:
Wages grow at the pace of the economy. Assets grow at the pace of liquidity... about 8% a year.
Own assets, the tide carries you up. Don't, and you spend your life running to stand still.
And it's deliberate. Banks, central banks and the...
This is unbelievable.
On Monday, $BTC dumped from $65,600 to $63,000 liquidating $806M.
On Tuesday, $BTC dumped further below $62,700 liquidating $416M more.
And today, #BITCOIN pumped back above $64,600 liquidating another $209M.
$1.43B total Crypto liquidations in 3 days alone!!!
Now, $65,000 - $67,500 has sizable liquidity that could be swept next - potentially leading to higher levels.
However, $60,500 - $63,500 has slightly larger liquidation clusters stacked up currently, making thi...