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“We now understand better how little we understand about inflation”, Jay Powell, US Federal Reserve Chairman

Bitcoin Reddit

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This is the head of the FED back in July last year.

The people that print the money, set interest rates said - “We now understand better how little we understand about inflation”.

If that doesn’t tell you everything you need to know I’m not sure what will.

The macro conditions might not have ever been worse for Bitcoin, but the very reason it was designed was literally cemented by the people it will eventually oust.

Bare that in mind when everyone is still calling for a drop to $12k!

submitted by /u/Essexal
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