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Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
I don't care about y'alls pissing match, but wow... You apparently have not been paying attention. Biden admin has been prosecuting Sen Warren's war on crypto up until someone finally woke up and told them this issue could cost them the election a week or so ago. The war on crypto and the war on cash both are/were designed to pave the way for a CBDC.
Gold doing well is not a credit to Biden. It's an indictment of American foreign policy and monetary policy.
Gold bug / silver bug / numismatic / metals thread
China seems to be buying while the USA has a holiday. USA market open on Tuesday is going to be interesting if this continues tonight and tomorrow night.
Burn Notice
https://www.nbc.com/saturday-night-live/video/burn-notice-game-show/2751223
UAP Pentagon Report (UFOs, Foo Fighters, Commie Drones)
Wordle [spoilers inevitable but discouraged]
Wordle 1,070 3/6
⬜🟩🟨⬜⬜ ⬜🟩⬜⬜🟩 🟩🟩🟩🟩🟩
Daily Quordle 851 4️⃣7️⃣ 8️⃣5️⃣
m-w.com/games/quordle/ ⬜🟩⬜⬜⬜ ⬜⬜🟨⬜🟩 🟩⬜⬜⬜🟨 ⬜⬜🟩⬜⬜ ⬜⬜🟨🟨⬜ ⬜⬜🟨⬜⬜ 🟩🟩🟩🟩🟩 ⬜⬜⬜🟨⬜ ⬛⬛⬛⬛⬛ 🟨⬜🟨⬜⬜ ⬛⬛⬛⬛⬛ 🟩🟨🟩⬜🟩 ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜⬜⬜⬜⬜ ⬜🟩🟩⬜⬜ ⬜⬜🟩⬜🟨 🟨⬜🟨⬜⬜ ⬜⬜🟨🟨🟨 ⬜⬜⬜⬜⬜ ⬜⬜🟨🟨🟩 🟨🟩⬜⬜⬜ 🟨⬜⬜⬜⬜ 🟩🟩🟩🟩🟩 🟩⬜🟩⬜⬜ ⬛⬛⬛⬛⬛ 🟩⬜🟩⬜⬜ ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛
Daily Sequence Quordle 851 4️⃣5️⃣ 8️⃣9️⃣
m-w.com/games/quordle/ ⬜⬜⬜⬜🟩 ⬜⬜⬜🟨⬜ ⬜⬜⬜⬜🟨 🟩🟩⬜⬜⬜ 🟨🟨🟨⬜⬜ ⬜⬜⬜⬜⬜ 🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜ ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟩⬜⬜⬜ ⬜⬜⬜🟩⬜ 🟩⬜⬜⬜⬜ 🟨⬜⬜🟨⬜ ⬜⬜⬜🟩🟩 ⬜⬜🟨⬜⬜ ⬜⬜⬜⬜⬜ 🟨⬜⬜⬜⬜ 🟩⬜⬜⬜⬜ 🟨⬜🟨⬜⬜ 🟩🟩⬜🟩🟩 🟨⬜⬜⬜⬜ 🟩🟩⬜🟩🟩 🟨⬜⬜⬜⬜ 🟩🟩🟩🟩🟩 🟨⬜⬜⬜⬜ ⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 475: 563 points (top 20% 🎊)
11 words: ⚛️🟪🟪🟥🟥🟥🟧🟧🟧🟨🟩 💪 Best word: 278 points 🔥 Streak: 12 days 🐭
#ClickWord #ClickWordDaily475
I gambled on some rare letters and got one and missed one.
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
I ran across this project the other day. Could be interesting if it takes off:
https://www.atlasnavi.com/
Car navigation app that supposedly encrypts all your data while allowing folks to share info on road hazards.
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Operation Choke Point
Operation Choke Point
Wordle [spoilers inevitable but discouraged]
Wordle 1,069 4/6
🟩⬜⬜⬜⬜
🟩⬜⬜⬜⬜
🟩🟩⬜⬜⬜
🟩🟩🟩🟩🟩
Daily Quordle 850
5️⃣6️⃣
4️⃣7️⃣
m-w.com/games/quordle/
🟨🟩⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜⬜⬜🟨⬜ ⬜⬜⬜⬜⬜
🟨⬜⬜⬜⬜ 🟨⬜⬜🟩🟨
⬜⬜🟨⬜⬜ ⬜⬜⬜🟨⬜
🟩🟩🟩🟩🟩 ⬜⬜🟨⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟨⬜⬜🟩 ⬜⬜⬜⬜⬜
⬜⬜⬜⬜🟨 🟨⬜⬜🟨⬜
⬜⬜🟨⬜🟨 ⬜🟨⬜🟨⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩⬜⬜⬜⬜
⬛⬛⬛⬛⬛ ⬜🟩⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Daily Sequence Quordle 850
4️⃣5️⃣
6️⃣7️⃣
m-w.com/games/quordle/
⬜⬜⬜🟨⬜ ⬜⬜⬜⬜🟩
⬜⬜⬜🟨🟨 ⬜⬜⬜⬜⬜
⬜⬜⬜⬜⬜ 🟨⬜⬜🟩⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟩🟨⬜⬜ ⬜🟨⬜⬜⬜
🟩⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
🟨⬜⬜⬜⬜ 🟩🟩🟩⬜⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜🟨⬜⬜⬜ ⬜🟨⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜🟨🟨⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 474: 877 points (top 1% 🚀)
9 words:
⚛️⚛️⚛️🟥🟥🟧🟧🟧🟨
💪 Best word: 284 points
🔥 Streak: 11 days 🐭
#ClickWord #ClickWordDaily474
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Wordle [spoilers inevitable but discouraged]
Wordle 1,068 3/6
⬜🟨🟨⬜🟩
⬜🟨🟩🟩🟩
🟩🟩🟩🟩🟩
Daily Quordle 849
4️⃣5️⃣
6️⃣7️⃣
m-w.com/games/quordle/
⬜⬜⬜⬜🟩 ⬜⬜⬜🟨⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
🟨🟨🟨⬜⬜ ⬜🟨🟨🟨⬜
🟩🟩🟩🟩🟩 ⬜⬜🟩🟨⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
🟨🟨⬜🟨⬜ 🟩🟨⬜⬜🟨
⬜⬜🟨⬜⬜ ⬜⬜⬜⬜⬜
⬜🟨⬜⬜⬜ ⬜⬜⬜🟨⬜
⬜⬜🟨⬜⬜ ⬜⬜⬜⬜🟨
🟨⬜🟨⬜⬜ ⬜⬜⬜⬜🟨
🟩🟩🟩🟩🟩 ⬜⬜🟨⬜🟨
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Daily Sequence Quordle 849
4️⃣5️⃣
7️⃣8️⃣
m-w.com/games/quordle/
⬜🟨⬜⬜⬜ ⬜⬜⬜🟨⬜
⬜🟩⬜⬜⬜ 🟩🟩⬜⬜⬜
⬜⬜🟨🟨⬜ ⬜⬜⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜🟩⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜⬜⬜⬜⬜ 🟨🟨🟨⬜⬜
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜⬜
🟨⬜🟨🟨⬜ ⬜⬜⬜⬜🟨
🟩🟩⬜⬜🟨 ⬜⬜🟩⬜⬜
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜⬜
🟩🟩🟩🟩⬜ ⬜⬜⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜⬜🟨
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 473: 892 points (top 1% 🚀)
9 words:
⚛️⚛️⚛️⚛️🟪🟥🟧🟨🟩
💪 Best word: 266 points
🔥 Streak: 10 days 🐭
#ClickWord #ClickWordDaily473
Gold bug / silver bug / numismatic / metals thread
I might be crazy...
https://www.pmbug.com/threads/silver-might-10x-within-the-next-3-years.7455/
Wordle [spoilers inevitable but discouraged]
Wordle 1,067 5/6
⬜⬜⬜⬜⬜
⬜⬜⬜🟨🟨
🟩⬜🟨🟨⬜
🟩🟩🟩🟩⬜
🟩🟩🟩🟩🟩
I had the solution in mind on guess #4, but chose poorly on the coin flip.
Daily Quordle 848
6️⃣5️⃣
4️⃣7️⃣
m-w.com/games/quordle/
🟨⬜🟨🟨⬜ ⬜🟨🟨⬜⬜
⬜⬜⬜⬜⬜ ⬜⬜🟩⬜⬜
⬜⬜⬜🟨⬜ ⬜⬜⬜🟨⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜🟨⬜
⬜⬜⬜🟨🟩 🟩🟩🟩🟩🟩
🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛
⬜⬜⬜⬜🟨 ⬜🟨⬜⬜🟨
⬜⬜🟨⬜🟩 ⬜⬜⬜⬜⬜
⬜⬜🟨⬜🟨 ⬜🟩⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜🟨⬜⬜⬜
⬛⬛⬛⬛⬛ 🟨⬜⬜⬜⬜
⬛⬛⬛⬛⬛ ⬜⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Daily Sequence Quordle 848
4️⃣5️⃣
6️⃣8️⃣
m-w.com/games/quordle/
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜🟨
⬜🟨⬜⬜⬜ 🟨🟨⬜⬜⬜
⬜⬜⬜🟩🟩 ⬜🟩⬜⬜⬜
🟩🟩🟩🟩🟩 🟩⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
🟩🟩⬜⬜⬜ 🟩⬜⬜⬜⬜
⬜⬜⬜🟨⬜ 🟨🟩⬜⬜⬜
🟨⬜⬜🟨⬜ ⬜⬜⬜⬜⬜
🟨⬜⬜🟩⬜ ⬜🟩⬜🟨⬜
🟩🟩🟩🟩🟩 🟩⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟨⬜🟨
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 472: 837 points (top 1% 🚀)
10 words:
⚛️⚛️⚛️⚛️🟧🟧🟧🟨🟩🟩
💪 Best word: 238 points
🔥 Streak: 9 days 🐭
#ClickWord #ClickWordDaily472
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
Wordle [spoilers inevitable but discouraged]
Wordle 1,066 4/6
⬜⬜🟨⬜⬜
🟨⬜⬜⬜🟨
🟩🟨🟨⬜⬜
🟩🟩🟩🟩🟩
Daily Quordle 847
9️⃣5️⃣
4️⃣8️⃣
m-w.com/games/quordle/
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜⬜
🟨⬜⬜⬜⬜ ⬜⬜⬜⬜🟨
⬜⬜⬜🟨🟨 ⬜⬜🟨🟩🟨
🟨⬜⬜⬜🟩 ⬜⬜⬜⬜🟩
⬜⬜🟩⬜🟩 🟩🟩🟩🟩🟩
🟨⬜⬜⬜⬜ ⬛⬛⬛⬛⬛
🟨⬜⬜⬜⬜ ⬛⬛⬛⬛⬛
🟨⬜⬜⬜⬜ ⬛⬛⬛⬛⬛
🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛
⬜⬜⬜⬜⬜ 🟨⬜⬜⬜⬜
🟩🟨⬜⬜⬜ ⬜⬜🟨⬜⬜
⬜🟩⬜🟨⬜ ⬜🟩⬜⬜🟨
🟩🟩🟩🟩🟩 ⬜🟩⬜⬜⬜
⬛⬛⬛⬛⬛ ⬜⬜🟨⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩⬜🟩🟨
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Daily Sequence Quordle 847
4️⃣5️⃣
8️⃣9️⃣
m-w.com/games/quordle/
⬜⬜⬜🟨🟨 ⬜🟩⬜⬜🟩
⬜⬜🟩⬜⬜ 🟩⬜⬜⬜⬜
⬜⬜⬜🟨⬜ ⬜🟨🟨⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜🟨⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜⬜🟨🟨⬜ ⬜🟩⬜⬜⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜🟩⬜
⬜⬜🟨⬜⬜ ⬜🟨⬜⬜⬜
⬜🟨⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜⬜⬜🟨⬜ ⬜🟩🟩⬜⬜
🟩🟨🟩⬜⬜ ⬜⬜⬜🟨⬜
🟩⬜🟩🟩⬜ ⬜⬜⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Weekly Quordle Challenge 48
8️⃣6️⃣
4️⃣7️⃣
m-w.com/games/quordle/
⬜⬜⬜🟨⬜ 🟨⬜⬜⬜⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜🟨
⬜⬜⬜⬜🟨 🟨🟨⬜🟨⬜
⬜⬜⬜⬜⬜ 🟨⬜⬜⬜🟨
⬜⬜⬜⬜⬜ 🟩🟨🟨🟩🟨
⬜⬜⬜⬜⬜ 🟩🟩🟩🟩🟩
🟨⬜⬜⬜⬜ ⬛⬛⬛⬛⬛
🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛
⬜⬜⬜⬜🟨 ⬜⬜⬜⬜🟩
⬜🟨🟨⬜⬜ ⬜⬜🟨⬜⬜
🟩⬜⬜🟨⬜ ⬜⬜⬜🟨⬜
🟩🟩🟩🟩🟩 ⬜🟨🟨⬜🟨
⬛⬛⬛⬛⬛ ⬜⬜🟨⬜⬜
⬛⬛⬛⬛⬛ ⬜🟩⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 471: 826 points (top 1% 🚀)
9 words:
⚛️⚛️⚛️⚛️🟥🟥🟧🟧🟧
💪 Best word: 246 points
🔥 Streak: 8 days 🐭
#ClickWord #ClickWordDaily471
2021 - Is inflation finally back in the conversation?
Delaying consequences is not "managing" if we are being honest.
Gold bug / silver bug / numismatic / metals thread
https://finance.yahoo.com/news/hot-commodity-silver-sets-pace-233919816.html
Gold bug / silver bug / numismatic / metals thread
Silver has entered a supply/demand deficit (new mining production < industrial demand) and above ground (vaulted) stocks have been depleting faster than most anyone would have expected several years ago. The "West" (ie. LBMA + COMEX) vaults appear to have anywhere from 2-10 years of inventory left at the current burn rate depending upon what numbers you look at and what assumptions you make about mining production (fairly fixed), industrial demand (growing but at what rate?) and investment demand (ETFs hold a lot of vaulted metal too - will folks sell or buy?). As we approach the tipping point where vaulted stock is sufficiently depleted and industrial demand depends entirely upon mining production, silver is really going to surprise people.
Markets still falling like whoa
Wordle [spoilers inevitable but discouraged]
Wordle 1,063 4/6
⬜⬜⬜⬜🟨
🟩🟨⬜⬜⬜
🟩⬜🟨🟨⬜
🟩🟩🟩🟩🟩
Daily Quordle 844
5️⃣6️⃣
8️⃣4️⃣
m-w.com/games/quordle/
🟩⬜⬜⬜⬜ ⬜⬜⬜🟨⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜🟨⬜🟨🟨 🟨🟨🟨⬜⬜
⬜⬜🟩🟩⬜ 🟨⬜⬜🟩⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜🟩⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜⬜⬜⬜⬜ ⬜⬜⬜⬜🟨
🟩⬜⬜🟩🟩 ⬜🟨🟨🟨⬜
⬜⬜🟨⬜⬜ 🟩🟩🟩🟩🟩
⬜🟨🟨⬜⬜ ⬛⬛⬛⬛⬛
⬜⬜⬜⬜🟨 ⬛⬛⬛⬛⬛
🟩🟩⬜🟩🟩 ⬛⬛⬛⬛⬛
🟩🟩🟩🟩🟩 ⬛⬛⬛⬛⬛
Daily Sequence Quordle 844
4️⃣6️⃣
7️⃣8️⃣
m-w.com/games/quordle/
⬜⬜⬜⬜🟩 ⬜🟨⬜⬜⬜
⬜🟩🟩⬜⬜ ⬜⬜🟩🟨⬜
⬜⬜🟨⬜⬜ ⬜🟨⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜🟩⬜⬜
⬛⬛⬛⬛⬛ 🟩🟨🟩⬜🟨
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟩⬜🟨⬜ ⬜⬜⬜⬜⬜
⬜⬜⬜⬜⬜ 🟩🟨⬜⬜⬜
🟩⬜🟨🟨⬜ ⬜🟨🟨⬜🟨
🟨⬜⬜⬜⬜ 🟨🟨⬜⬜⬜
⬜⬜⬜⬜🟨 🟨⬜⬜⬜⬜
⬜⬜⬜🟨⬜ 🟨⬜⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜🟩⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 468: 524 points (top 30% 🎉)
13 words:
⚛️⚛️🟪🟪🟩🟩🟩🟩🟩🟩🟩🟩🟩
💪 Best word: 230 points
🔥 Streak: 5 days
#ClickWord #ClickWordDaily468
I set up "mojito" for a big word score and did not check the word finder to make sure it was in the game's dictionary. Oops.
Wordle [spoilers inevitable but discouraged]
Wordle 1,062 4/6
🟩🟨⬜⬜🟨
🟩🟨🟨🟨⬜
🟩🟩🟩🟩⬜
🟩🟩🟩🟩🟩
Rats. Missed the coin toss on guess #3.
Daily Quordle 843
6️⃣7️⃣
4️⃣5️⃣
m-w.com/games/quordle/
⬜🟩⬜⬜⬜ ⬜⬜⬜⬜🟨
🟩⬜⬜⬜⬜ ⬜⬜⬜⬜⬜
⬜⬜⬜🟩⬜ ⬜🟨⬜🟨⬜
⬜⬜⬜⬜🟨 ⬜⬜🟨⬜⬜
⬜🟨🟨⬜🟩 ⬜🟨⬜🟩⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜🟨⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
🟩🟨⬜⬜🟨 🟩⬜⬜⬜⬜
⬜⬜🟨⬜⬜ 🟨⬜⬜⬜⬜
⬜⬜⬜⬜⬜ ⬜🟨⬜🟨⬜
🟩🟩🟩🟩🟩 🟩⬜⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
Daily Sequence Quordle 843
3️⃣6️⃣
7️⃣8️⃣
m-w.com/games/quordle/
⬜🟩⬜🟨⬜ ⬜⬜⬜⬜⬜
🟨🟨⬜⬜🟨 ⬜⬜⬜⬜⬜
🟩🟩🟩🟩🟩 ⬜⬜⬜⬜⬜
⬛⬛⬛⬛⬛ ⬜🟩⬜⬜⬜
⬛⬛⬛⬛⬛ ⬜🟩⬜⬜🟩
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
⬜🟩🟩⬜🟨 ⬜🟩⬜⬜🟩
⬜⬜⬜⬜⬜ ⬜⬜🟨⬜🟨
⬜🟩⬜⬜⬜ 🟩🟩⬜⬜⬜
⬜🟨⬜⬜⬜ ⬜⬜🟩⬜⬜
⬜🟨⬜🟩⬜ ⬜⬜⬜⬜⬜
⬜🟨⬜⬜⬜ ⬜⬜⬜⬜⬜
🟩🟩🟩🟩🟩 🟨🟩⬜⬜⬜
⬛⬛⬛⬛⬛ 🟩🟩🟩🟩🟩
ClickWord.org Daily 467: 664 points (top 20% 🎊)
11 words:
⚛️⚛️🟪🟧🟧🟧🟩🟩🟩🟩🟩
💪 Best word: 324 points
🔥 Streak: 4 days
#ClickWord #ClickWordDaily467
MIssed the common letter I needed for the M and R 2x tiles. I left a lot of points on the board.
Cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.)
It sounds like they set up validator nodes to implement a MEV scheme. What I'm curious about after reading that report is why they only let the scheme run for 12 seconds.
See 2 posts here (linked post and the following post) for more details on MEV schemes:
https://www.pmbug.com/threads/ethereum-eth.7221/post-81772
2021 - Is inflation finally back in the conversation?
The problem, as MMT devotees are apt to ignore, is that there is no hard constraint, there is a soft constraint. But Congress is not a rational actor bound by soft constraints. This is a problem inherent with fiat currency systems which have a rich history of eventual failure. 2% inflation targeting (soon to be 4% because the Fed is trapped) is complete bullshit and immoral planned value destruction of the currency that accelerates wealth disparity as asset bubbles favor asset owners while everyone else drowns.
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