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Inflation notches a fresh 30-year high as measured by the Fed’s favorite gauge – probably nothing, no need for BTC. Keep your money in fiat.

Inflation notches a fresh 30-year high as measured by the Fed’s favorite gauge – probably nothing, no need for BTC. Keep your money in fiat.



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3 Comments

  1. tldr; Annual inflation rose at its fastest pace in more than 30 years during September despite a decline in personal income, the Commerce Department reported on Friday. The inflation rate was pushed by a 24.9% increase in energy costs and a 4.1% gain in food. Consumer spending increased 0.6%, in line with Wall Street estimates.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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