Getting inflation back to 2% will be tough.
Many expect the Fed will never be able to do that, with CPI settling in the 3% area.
But history tells us there is actually a way to get there: a recession.
Let's look at the data with a short thread.
1/
@SimonSvatos1 When you see Carl begging us every day to register with his referral link, you know we're in a bear market.
Too many inconsistencies in what he says. He doesn't live in the real world, so we may as well excuse him lol.
@BitcoinxDaily I respect your decision and I'm thankful for all the Stepn content you put out there for us.
I also hope that you will not start throwing mud at Stepn because of this. You would do more harm than good. Don't wash your dirty laundry in public, please.
Good luck, bud! 👍
@CM_Gilgamesh I think some degen stuff to burn more GST would help. Let's say you can burn 20 GST to win 2,000 GST. The engine would give the 2k prize only when 4k GST has been burnt.
Or do a raffle. Tickets sold in GST, prizes given in UC shoes, the remaining GST gets burnt.
Thoughts?
@Krit_STEPN @CM_Gilgamesh@CryptoEdgar_@Stepnofficial I think some degen stuff to burn more GST would help. Let's say you can burn 20 GST to win 2,000 GST. The engine would give the 2k prize only when 4k GST has been burnt.
Or do a raffle. Tickets sold in GST, prizes given in UC shoes, the remaining GST gets burnt.
Thoughts?
@Stepnofficial I think some degen stuff to burn more GST would help. Let's say you can burn 20 GST to win 2,000 GST. The engine would give the 2k prize only when 4k GST has been burnt.
Or do a lottery/pool. Tickets sold in GST, prizes given in UC shoes, the remaining GST gets burnt.
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