Because the @federalreserve Cannot Produce Either Goods or Services, Therefore, It Cannot ... - Latest Tweet by Bitcoin

Because the @federalreserve cannot produce either goods or services, therefore, it cannot directly influence the price of anything and can only +/- demand where it is elastic by +/- the cost of money.

Elastic items total only 19.6%.
Inelastic items total a whopping 80.4%. pic.twitter.com/03rGZMiuER— Bitcoin (@Bitcoin) August 9, 2022

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