#ConWars begins

https://twitter.com/Sinz_Bitguide/status/1601045568851103745

If we weren’t sure what is happening with Binance, now CZ pulls a Mashinsky to confirm he is in big trouble & is a conman too.

GET OUT of Binance NOW!!

RETAIL SALES DROP BIGLY

Economic reality is what will determine the FED pivot, not the much emphasized FOMC statements.

Moving forward the effect of QT will finally begin to show in the lagging stats they use like the labor data.

As everyone is anxiously waiting for the Fed easing the monetary policy, this chart wonderfully establishes that rate cuts have not been historically a good sign for markets. Economy does not follow the Fed; rather Fed follows the economy.

1.5 M employees at Amazon produced more than 300M people in 70 countries

Everyone focuses on the horrendous soft landing prediction here

But also noteworthy: the fed was worried about inflation up late 2007 and was unable to see the massive deflation in front of their eyes

Get some in case it catches on

Inflation rate at 6.4% for the last 12 months and is consistently decreasing.
Last 6 months (annualized) only 2% & last 3 months (annualized) only 1.6%.
Inflation fight is long over. Now the Fed must focus on avoiding a recession which seems increasingly difficult.

Argentina inflation reached 98.8%

The natural outcome of central banking at the hand of corrupt governments

The case for CBDCs