Bitguide – Telegram
Bitguide
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The official Bitguide telegram channel. Visit www.Bitguide.io for bitcoin educational resources.
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Web 3 use-cases: innumerable I just “don’t know”

https://youtu.be/UobbVKR8YEI
Google searches for the word “flippening” and ETH/BTC movement
ECB hiking into a recession

The ECB plans to halt QE and raise rates by 25 bps in July, just as they forecast more rapid economic contraction.

The ECB cannot dig more oil out of the ground or increase factory outputs to deal with supply chain disruptions. Thus, resorting to demand destruction when the economy needs investments to increase production.

One of implications of political money is that even when there is no economic rationale for gaming the money, political centers are forced to do something.

This move will accelerate credit contraction and increase financial constraints on the economic growth: read policy error, recession, and lay offs.
Inflation surprises again with another record

1.0% MoM > Exp. 0.7%
8.6% YoY > Exp. 8.3%


In the parallel universe, the Fed is being restructured and centralized economic planning is tossed away.
Bitguide
Inflation surprises again with another record 1.0% MoM > Exp. 0.7% 8.6% YoY > Exp. 8.3% In the parallel universe, the Fed is being restructured and centralized economic planning is tossed away.
Confirming the strong economic pivot, Michigan’s Consumer Sentiment Index plunged to 50.2, a record low as far as the data goes back

The index has been a great predictor of recessions
How it started vs how it ended
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