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US RETAIL SALES MOM ACTUAL -1% (FORECAST -0.4%, PREVIOUS -0.4%)

US CORE RETAIL SALES MOM ACTUAL -0.8% (FORECAST -0.4%, PREVIOUS -0.1%)

Inflation killed the consumer... now wait for the real estate and credit card bubbles to burst...

Boom goes the dynamite. Thanks Tom!

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Tough times ahead...

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кто победит? Америка или биток? доллар или майнинг? кто сделает невозможное, и даст возможность продавать новые технологии за биткоин? например телепорт...

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does this mean prices will come down soon? I'm trying to buy more tools

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I think inflation will hit in waves like in the 40s and 70s. Asset prices could receive some hits but they will be trying to inflate their asset bubbles every time again... high vola

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I feel like everyone forgot that the recession started over a year ago and they just changed the definition.

We are three years into a global depression.

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Exactly. You need to take out gov spending of the ecuation to get a real idea of this depression.

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That, and recognize that in a highly inflationary environment real earnings are hard to calculate precisely.

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Or they just forgive student debts.

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seems like they're going to drag that out through the next election, and of democrats win the presidency again, through the next one as well. I have no reason to believe they will succeed in forgiving those federal loans.

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That's a good point. Or something new: stimmies

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