Global internet traffic grew by 48% in 2020 and another 23% in 2021. All this internet traffic is causing data centers to use more and more power. Where is the outrage from the ESG police?
Prices on goods we need every day in Wyoming have been rising for months. The dramatic increase in December is no surprise. The Biden administration needs to take this seriously and come up with solutions to address the out-of-control inflation we are facing.
Requiring users to open an account at the Fed to access a United States CBDC would put the Fed on an insidious path akin to China’s digital authoritarianism.
#Bitcoin is going to normalise inflation hedging again.
Gold became manipulated and is too impractical - but the timeless human need for a ‘store of value’ never went away.
#Bitcoin to the rescue!
“Our US economists think that year-on-year CPI will rise to +7%, which will be the highest annual CPI number since 1982…It would also mean that the real Fed Funds rate in December was around -7%, which for reference is lower than at any point in the 1970s:” DB’s Jim Reid
Another transitory blast from the past: Last year the BLS started publishing CPI excluding Food, Shelter, Fuel & Used Cars. The idea was to exclude the main transitory effects. Unfortunately #CPI Excluding Everything You Want To Exclude, is still rising, to 4.5%:
AND IT'S THRU!! #Wyoming's "code=speech" bill to protect software developers from criminal liability merely for writing code passed Senate 30-0...next to @GovernorGordon's desk! Big kudos to @rothfuss, @SenatorDriskill @TaraNethercott @Tyler_Lindholm!! 🤠https://t.co/YFbEs8ToU8
🚨 BREAKING 🚨 Inflation just hit 7%—the highest rate since 1982.
This trend isn’t “transitory,” and it’s all happening under Democrats’ one-party control.
MAJOR THREAD ALERT. Despite Powell's misgivings, Rep. Emmer voices the same concerns as Powell on ensuring the anonymity of any CBDC. Emulating the Chinese is a non-starter, at least it had better be in America if we're still red-blooded.
Brainard would NOT have held this line.
Monopoly printed billions of fake dollars for its game last year while the Federal Reserve printed trillions of US dollars
At this rate Monopoly money stores value better than the US dollar