agip wrote:
This is amazing…core inflation, if you take out used cars…is the same as it ever was.
I’m telling you…misreads on inflation have made people think many many false things about the us economy. Much of the ‘stagnating wages’ thing is likely just a misstatement of inflation.
Def agree on this. Although the people I follow are pushing the inflation narrative.
There's gonna be a 6 month inflationary period as everybody spends their saved up cash, ridiculous unemployment benefits, etc. Everybody is already trying to go out and eat fancy brunch and stuff in the city.
Then stuff is gonna cool off into next year.
Btw now is a GREAT time to get into Crypto. Would recommend the defi blue chips like MATIC and AAVE, and of course some eth and a standard btc position.