Cryptoflation - eviltoast
    • Zorque@kbin.social
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      11 months ago

      Ah, because bitcoin is up 130% for the year October of this years inflation is contextually necessary for inflation from February of 2022.

      Wait, no, now I’m confused. This image is old. It is not current. It is not going to reference current events. Or even events of a couple months ago. It’s going to reference events from two years ago or older.

      • SuckMyWang@lemmy.world
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        11 months ago

        The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant?

          • SuckMyWang@lemmy.world
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            11 months ago

            Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions