Inflation is about to kick a lot of people's butts and most are blissfully unaware of the true implications of that.
@ZubyMusic It is already doing that. The money you earn this week is losing buying power every day. USD has been destroyed by clueless politicians.
@ZubyMusic Inflation is still well below the 2% @bankofengland target 🎯 though. (It was over 20% under a Labour government!)
@ZubyMusic That's why we keep growing those Bitcoin and Ethereum bags.
@ZubyMusic Problem is this is the instant gratification crowd that’s gonna get fucked and they’ll predictably blame capitalism, rich people, and anyone but themselves or their policies who created that mess. Heaven forbid they learn from their mistakes.
@ZubyMusic Remember when the lockdown supporters were saying that any economic implications were worth it if the lockdowns saved even one person? I think they might have a lot of egg on their face very soon.
@ZubyMusic Doubt inflation lasts or turns into anything significant. Technology is deflationary.
@ZubyMusic I can't wait to leave. One more year. I'm thinking Vietnam, but my son says Eastern Europe so I'm thinking we move around until we figure it out.