Real inflation in the United States of América

avatar

Inflation-shoots-through-the-roof-and-Bitcoin-marks-new-all-time-980x400.jpg

source

Recently I made a post about inflation in the United States the first power that, in one year, is 9.5% from March 2021 to March 2022 the inflation recognized by the government is 9.5% the highest in 40 years, but there is a topic that we have to talk about and that is the real inflation.

Here the important thing to understand is that inflation is calculated, and it is calculated by human beings, using arbitrary parameters that are easily manipulated, let's use the example of how inflation is calculated in Venezuela.

To calculate inflation in Venezuela the official body in charge of this which is the central bank of Venezuela , goes to the metropolitan area of caracas the capital of the country and makes a survey of product and services to random people , here the issue is that you manipulate the survey if you ask for exact products that do not suffer price variation , in the case of Venezuela services and gasoline served to manipulate the official inflation rate , also the fact that there were regulated products that by law could not raise prices.

Cyclical-Trent-in-precious-metals-1170x495-1.jpg

source

It seems that something similar happened in the United States of America, the first world power, and that is the cause of the decline of the BTC. I have already heard several economic experts talk about the fact that the real inflation in the United States was not 9.5% as they want us to believe, it was 20%.

These experts explain that in food and beverages inflation is 15% being generous, added to the inflation in the price of gasoline, averaging 20% is acceptable but some experts say they fall short.

Money-1200x675.jpg.webp

source

It is a topic that I should explore more but these experts are not going to talk for the sake of talking, it makes a lot of sense that the BTC is retreating, the stock market is also retreating even though the war between Russia and Ukraine has been stable and has not escalated the conflict, what experts say that the citizens of the United States are not in a position to invest as food costs increased, the issue is that if the citizens of the first world power can not invest, then who will?

Thank you for reading



unknown.png



0
0
0.000
1 comments
avatar

Personally, I think it is stupid to waste time trying to peg HBD to the US dollar. The US Dollar is mismanaged and could easily flip into a period of sustained high inflation or even hyperinflation.

Free floating currencies are actually better for the users than pegged currencies.

!pizza

0
0
0.000