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RE: Hints of Recession Keep Coming

in LeoFinance4 months ago

In this upside-down world the markets rise when economic data is bad, because it means lower interest rates and money printing.

We have to assume those in control of the agencies that produce these numbers (census bureau, bureau of economic analysis, etc.) are finessing the numbers to fit a narrative, because reality on the ground often doesn't line up.

Now, the beauty about economic data on blockchains (tx count, tvl, user accounts, etc) is that it cannot be manipulated!