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Very Low Inflation in China Revives Bitcoin
Bitcoin / TetherUS
Very Low Inflation in China Revives Bitcoin
By hauteville
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Jun 10, 2021
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Jun 10, 2021
According to the CCP, China's
CPI
increased only 1.3% in May.
That's a very low increase. It means consumer inflation isn't a problem in China.
This has sent Bitcoin bulls into a frenzy.
Whoever they are.
Another headline:
Chinese factories are charging the
most
for goods in almost 13 years. This is called China's
PPI.
Bitcoiners are among the most naive people on Earth.
Like this guy. He's very clearly a smart, passionate person who takes blockchains at face value and gets duped simply out of enormous naivety. That's why I subscribe to his videos.
Beyond Technical Analysis
Fundamental Analysis
Trend Analysis
hauteville
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