"Today we got some good news, some good news for the economy," Biden said last week in his remarks from the White House complex.
"As inflation is coming down, take-home pay for workers is going up, it all adds up to a real break for consumers and real breathing room for [American] families."
He was referring to headline news that US inflation has fallen to its lowest level in more than a year! Woo-hoo! Of course, on the same day, the dollar tumbled to a nearly 9-month low vs the euro, but hey, Potus is nothing if not fully aware of...
This seems the appropriate point at which to remind people of the “Things You Know About Inflation” questionnaire we posted in the TDV subscriber newsletter - all the way back in November 2022.
- It [inflation] came from nowhere - Christine Lagarde
- Came from the war in Iraq - Joe Biden
- Republicans taught people the word inflation, it's not how people talk. S’not common English - Joy Reid
- When we hear people talking about inflation, we have to change the subject - Nancy Pelosi
Yeah.
If everything you read and see about the economic collapse, and you don’t feel like sleeping in ze pods and eating ze bugs, now is a pretty good time to find out what your alternatives are.
Like, the time to subscribe to TDV or TCV has never been better.
Running With Bitcoin Bulls, Swimming With Monero Whales in Anarchapulco
The crypto market started 2023 on a highly positive note with bitcoin breaching the $17,000 mark on January 9th, and in the TDV newsletter published yesterday, we speculate on the end of the crypto winter and the beginning of a long-term, multi-year bull market.
And, you won’t want to miss out on the detailed information, analysis and recommendations they provide at The Crypto Vigilante!
Plus, we are now exactly three weeks away from the opening party of Anarchapulco! It’s the first time in three years that most people can attend and so I am looking forward to seeing a lot of people I haven’t seen in a while!
Or, if you can’t make it, sign up now to get the live stream and recordings of all the talks. It’ll be the most energizing, uplifting, and educational week with some of the world’s most incredible speakers.
And who knows, it may be the last window for cross-border travel for a long time.
I'm not sure inflation dropping from like 7% to like 6.7% is particularly good new. I mean sure, prices are going up slightly slower. They are still going up much faster than the average person's salary. Inflation is still well over double what it was not all that long ago.
A lot of people seem to be betting on uranium as a hedge. It makes sense tho.