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20 sats \ 2 replies \ @Undisciplined OP 16 Jan \ parent \ on: Price Inflation Rose Again in December, Climbing to a Ten-Month High econ
You sort of answered your own question, with that last sentence.
The purpose of their statements is to manipulate the markets. Past Fed Chairs have stated this pretty unambiguously.
What I find interesting is that they're realizing that the cat is out of the bag and getting all the way to the semi-official inflation target of 2% just isn't going to happen.
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They aren't taking bitcoin seriously yet. This is all about the unaffordability of servicing the debt at the interest rates that would exist in a low inflation environment.
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