@BitcoinMagazine@HRF@OsloFF Look at him, with that statement, so on point, so profound, so deep, so success, so money.
One day I'll throw huge piles of paper cash at my kids, and tell them that I created them to go out there and make more money.
Ah capitalism, you understand all.
Consumption increased due to the growth of responsible aquaculture, which has allowed for global seafood production to continue to grow. In fact, aquaculture now represents more than half of global human seafood consumption.
It was interesting to discover that the U.S. fishing industry, valued at around $11.5 billion in 2022, is expected to decline slightly in 2023 to $11.4 billionโ1.
#FishingIndustry#Aquaculture#SustainableFishing
In that peak 2017 year American fishermen captured 9.9 billion pounds of fish and shellfish, and the average American added more than a pound of seafood to their dietโ.
China injecting large amounts of liquidity along with Japan seems to be at the relative scale of the FED tightening, and might work against it.
With this, can we really expect to be able to control global inflation in the near term?
Very good point. We are not yet at a place where an effective decentralized crypto-mechanism exists for governance that's fare (at least relative to current real world systems)
Here is the list:
December 2007 to June 2009 (18 months)
March 2001 to November 2001 (8 months)
July 1990 to March 1991 (8 months)
July 1981 to November 1982 (16 months)
November 1973 to March 1975 (16 months)
December 1969 to November 1970 (11 months)
as we might be entering a recession this year (2023) I thought to look up data on how long the recessions of the last 50 years have lasted. Surprisingly the longest one was from the 2018 financial crisis, and has lasted "only" 18 months.
#economy#recession#economics
In the future, the idea of central policymakers purposely creating more unemployment as the primary way to contain inflation might be seen as the economics equivalent of bloodletting in medicine.
Don't worry, they said. The housing market is strong and supply is tight, they claimed ....
Existing home sales have collapsed. That is a bit of an issue considering housing makes up for 15-18% of US GDP.