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@BitcoinBaby

𝐂𝐫𝐲𝐩𝐭𝐨 π–πžπšπ­π‘πžπ« π…π¨π«πžπœπšπ¬π­ As I have been a bit under the weather I did not do a lot of forecasting lately. But I am planning to pick it up again, and no better day for it than today. Markets were shining after SBF got arrested and inflation (at least in the US) seems to be slowing down. Now I always wonder about that inflation stuff. It is year over year, meaning I compare October 2022 to October 2021. We know that at the end of 2021 inflation started increasing already, as it is year over year isnΒ΄t it logical than that the numbers for 2022 should be lowering as soon as 2021 started moving up? The answer is YES! So the inflation numbers are still crazy high, but only look lower because we compare them to last years numbers. E.G. If we would compare November 2022 to October 2021 we would have 7.7 and not 7.1 increase because the numbers of November 2021 were 0.6 higher than October 2021. This also works vice versa, meaning that if in 2023 we stay at the current prices for that basket of goods will the CPI will be a lot lower as in mid-2022 the increase happened, now prices remain stable so year-over-year inflation in 2023 might reach 2 or 1% or if the war ends even turn negative as in 2009.

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