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Michael Saylor Expressed: Economists think normies are too dumb to notice inflation. Everything feels more expensive. They’re seeing it.
For Clarity, Normies means normal Person.
Community Response: if they weren’t assuming we are dumb maybe things would have been a lot better.
At some point consumer behaviour will change to compensate and the masses will live with less. The Fed and central planners will win. Plan accordingly.
Basically yes. They’re literally lying to us though. The sleight of hand is using “CPI” and “inflation” as synonyms on tv and media. If beef increased in price by 30%, they say – nope inflation is 6.8%. Its gas lighting and they’re all in on it.
For Clarity, The consumer price index (CPI) is the instrument to measure inflation. It is used to estimate the average variation between two given periods in the prices of products consumed by households.
What the government said is not real data. They don’t know how much what has risen, or the price of goods.
Fight inflation with Bitcoin. One step further, normies slow spending on “overpriced” items, causing a pendulum swing back to oversupply. We are the last to pay for inflation.
Economists think everyone is dumb. They’ve been mostly successful at gas lighting the public. Bitcoiners are pulling the curtain.
He’s been wrong for decades. Yeah, when Arizona Iced Tea that was .99 went to $1.25 I NOTICED. Economists don’t know because they didn’t go shopping.
A box of sterile gloves at Costco is now 30 dollars. Used to be around low 10s.
How long until the FED pivots from bond purchases to UBI due to inflation? The currency will be destroyed to the sound of applause by the hopeless peasants.
Feeling it, and being hurt by it. The great squeeze continues to wipe out the middle class.
They also think that by stopping people talking about inflation it goes away. Amazingly that is the policy and it’s called ‘anchoring expectation’.
Bitcoin is closer to zero every single day. Normies are too busy buying Bitcoin to notice economists. A little Debbie cake will be $3 at this rate.
Three easy ways to short Fiat. One of them is the best way to short Fiat – Bitcoin
Bank of England here announcing for the 1000th time more Crypto FUD with ZERO information in their announcement as to why they think Crypto is bad. They are running out of ideas.
Normies are too dumb to see the effects of inflation. They see prices increase, but then demand the government take care of them like babies because of those increases. They demand free healthcare, government pay checks, guaranteed minimum wages, and a million other entitlements. Normies are getting smart enough to buy BTC or even ETH and USDT. They always underestimate. Until now, more than 32.9139% of the total supply has been burned. BTC will be 41 dollars in a few hours.
