Archive: savings

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Wholesale Inflation Rose 9.7% in 2021

By Adam Sharp on January 14, 2022

This week, news broke that the Producer Price Index – which measures the average change over time in the selling prices received by domestic producers for their output – rose 9.7% in 2021. This was a shocking realization for many. We’re near 10% wholesale inflation! This is important because it’s what’s driving a lot of bitcoin buyers. The impact that near-10% inflation has on an economy is massive. It erodes people’s savings…
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Another Stimulus Package Will Come

By Adam Sharp on October 2, 2020

Over recent weeks there’s been a lot of debate about whether or not the U.S. will see another stimulus package.  I have no doubt we’ll see another one — but it may have to wait until after the election. More stimulus checks and corporate bailouts are…