Well, it's just that, actually, the articles have a view of economic policy as I have, which is not shared by many people in the forum today, although in the origins it was so.
That makes (at least) two of us
If you are referring to inflation in the USA or European countries, in fact, at the peak, year-on-year inflation reached 10% or more in some places. But it is not 10% monthly inflation. When the data is given it says: "the year-on-year inflation reached 10% in May" but it does not mean that in one month it went up 10%, it means that from May 2022 to May 2023 it went up 10%.
Some statistics offer also monthly values... In Romania, since war in Ukraine started, July was first month when inflation was under 10%. We even had months with inflation up to 14%, which is a lot!
Actually, I have looked and I have seen that
he knows about Bitcoin and speaks well of it, but I do not understand then why he proposes to put himself in the hands of the FED instead of doing as in El Salvador. I imagine that volatility and that El Salvador at the moment has not done as well as expected are two reasons.
This may be a good reason indeed... In any case, perhaps he has some thoughts about Bitcoin too but, maybe, he wishes to express them lately, only in case he will become Presidet... In any case, we should follow what will happen in that country.
I see that you became a loyal reader, Poker Player!
Frankly, who doesn't!?
Another interesting read while not being packed with a lot of new details. Anyway, I enjoyed reading it as I'm mostly interested in names, historical details and mentions of other authors who elaborate on certain topic along the flow of the articles.
It helps to broaden the own knowledge and horizon on history of money, why it is as it is, what's good, what's bad, what's better or an alternative. Looking forward for more of this series.
Glad to hear
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