Great insight into macro economics!
China has been definitely a key factor. And it's probably over, as Chinese labor cost is gonna rise because of demographic decline.
Another effect for unchanged inflation despite of money printing probably is that new money didn't make it's way to the consumer at all, but only to the debt bubbles of nation states.
Thank you for the #zaps ! ❤️
Caprose
npub15y…0nnmp
2024-03-14 22:45:36
in reply to nevent1q…mkq3
Author Public Key
npub15yy47e05pqp64v8hfrqvc5cf6ctx2aupgncntsenysyrg6zfarwq20nnmpPublished at
2024-03-14 22:45:36Event JSON
{
"id": "6443fa4b9a63b38087ab1696200d77c5601c05fca118aaa7c90b65d1fa1d60a1",
"pubkey": "a1095f65f40803aab0f748c0cc5309d61665778144f135c3332408346849e8dc",
"created_at": 1710456336,
"kind": 1,
"tags": [
[
"e",
"2ebbdaac782823f9f975185e1d31cd8744dea15e439f423182943c1155ec9b20",
"",
"root"
],
[
"p",
"30e8cbf1427c137fa60674a639431c19a9d6f4c07fd2959df83158e674fccbaa"
],
[
"t",
"zaps"
],
[
"t",
"zaps"
]
],
"content": "Great insight into macro economics!\nChina has been definitely a key factor. And it's probably over, as Chinese labor cost is gonna rise because of demographic decline.\n\nAnother effect for unchanged inflation despite of money printing probably is that new money didn't make it's way to the consumer at all, but only to the debt bubbles of nation states.\n\nThank you for the #zaps ! ❤️",
"sig": "488df5b0d7d30bc60adce25a789b5b1ff428ce9041e54a6b9f24c6cf367168d4d35b8033e684a3fa21c7a409fba1fefe4f74796ca262c499b033203cae630246"
}