so liquid

@truflation Unbelievable that you guys still have to do these kind of post to actually explain why the CPI numbers have a lot of differences between each other.

Why Truflation’s CPI number is lower than the BLS Ever since we launched Truflation’s flagship CPI index in 2021, there have been major discrepancies between the Truflation inflation number and the numbers reported by the Bureau of Labor Statistics (BLS). While at the beginning, data showed that inflation in the US was, in fact, much higher than what the BLS was reporting, in recent months, our inflation figures have trended downwards at a faster pace than those reported by the BLS.  More: truflation.com/blog/why-trufl…

@truflation @kucoincom Kucoin space with $TRUF, count me in.

Truflation.com CEO Stefan Rust takes your questions for a @kucoincom hosted AMA 18 April 2pm UTC Join: t.me/Kucoin_Exchange

@truflation @chainlink @token2049 just what i needed to see, Lord miles and Stefan.

Truflation.com CEO Stefan Rust enjoyed the @chainlink meetup in @token2049 Dubai. Make sure you say hi.

@truflation the global economy isn't gonna do that well according to this.

🚨IMF warned the US its massive fiscal deficits stoked inflation and pose “significant risks” for the global economy IMF chief economist Pierre-Olivier Gourinchas said the US’s fiscal position was “of particular concern”, suggesting it could complicate the Federal Reserve’s attempts to return inflation to its 2 per cent goal. The fund said in its benchmark Fiscal Monitor that it expected the US to record a fiscal deficit of 7.1 per cent next year — more than three times the 2 per cent average for other advanced economies. The assessment comes amid mounting concerns among economists and investors that 2025 will prove a crunch year for US fiscal policy. h/t Financial Times

@truflation Can we get another space with Lyn?

More: youtu.be/UyULRPY6yDs

@truflation DePin is definitely the way to shape the future of finance.

The Role of DePIN in Shaping RWA Tokenization The concept of tokenization has emerged as a dynamic financial force. By converting real-world assets (RWA) into digital tokens, tokenization promises increased liquidity, accessibility, and efficiency in various markets. However, the full potential of tokenization has yet to be realized, as it largely remains constrained by centralized systems and traditional financial structures. In this regard, decentralized physical infrastructure networks (DePIN) are game-changers poised to unlock new frontiers in asset tokenization and reshape the future of finance. More: truflation.com/blog/the-role-…

@truflation i would totally retire all my money and say that i'm just straight up dying and then i'll switch all of my savings into crypto.

Disavow, but this is hilarious. We are deceased. 💀😂

@truflation Good, you guys always share the best information, thanks for that truflation.

🚨Federal Reserve Beige Book Shows Modest Growth, Continued Easing of Price Pressures Most firms indicated that pressures to increase wages continued to ease, and growth in pay was closer to historical averages. Regarding prices, increases in nonlabor costs stabilized for most but not all items. For example, prices for transportation and commodities including lumber and steel held steady or fell. At the same, construction delays boosted the final cost of building projects, food prices continued to climb, and contacts reported ongoing increases in insurance premiums. Retailers continued to report generally healthy consumer demand that moderated toward prepandemic norms as discretionary purchases declined. Auto dealers said business was stabilizing. Inventories were sufficient to meet demand and vehicle manufacturers offered incentives to boost sales. Tourism and hospitality contacts reported that strong spring break travel met expectations. Meanwhile, several Florida cruise ports reported strong passenger counts, and business travel continued to improve. Rising supplies of existing homes for sale and new subdivision developments led to higher home inventories, though they remain lower than historical averages. Cargo volumes at seaports were generally below 2023 levels. They are expected to slow further as freight normalizes down from 2022's unusually high levels. Manufacturers of products tied to government and infrastructure projects reported higher demand, while a few consumer goods makers reported some softening. Lending at banks remained relatively flat amid continued contraction in most consumer loan segments. One notable exception was home equity lines of credit. Utilities contacts said they will continue to invest billions in infrastructure in the next several years, largely for emissions reduction, computing capacity, and data center projects. In agriculture, record-high supplies of milk depressed prices, but demand for dairy was strong and growing. Some increase in demand for poultry sparked optimism in the market, but many producers struggled because of export restrictions. h/t @AtlantaFed More: truflation.com/marketplace/fe…

@truflation @token2049 @chainlink @IvanJelic007 Ivan was the one to host this truflation panel, good to know.

🇦🇪@token2049 Dubai @chainlink event Come say hi to Truflation.com Head of Data, @IvanJelic007

A great point.

@truflation $Truf panel incoming? count me in.

Come meet the Truflation.com team!

@truflation So is the CPI stabilizing or not?

Today's CPI Data by Truflation. 🇺🇸 2.05% 🇬🇧 3.05% More: truflation.com/dashboard?feed…

@pepexmoon @truflation yeah, they took some time today.

@truflation I was thinking when would you guys post this one

@truflation We need to scoop more $TRUF then?

@truflation there's always room for another truflation partnership.

💪

@truflation Is crazy how the Fed is just like Everything is fine, don't you see that prices are going up and everything is going to sht?

@truflation The inflation is only going up so, they need to step up their game and take a goddamn decision.

😲

@truflation What does he mean with "as long as needed" is he dumb?

🚨Fed Chair Powell: FOMC has Stomach to Keep Rates at Current Levels for “as long as needed” “The recent data have clearly not given us greater confidence and instead indicate that is likely to take longer than expected to achieve that confidence,” Powell stressed. “Given the strength of the labor market and progress on inflation so far, it is appropriate to allow restrictive policy further time to work and let the data and the evolving outlook guide us,” he noted. Truflation.com

@truflation @AxieInfinity @splinterlands Nope and let me tell you something, if GameFi comes back it ain't gonna be thanks to axie infinity

🎮Can GameFi Make a Comeback? At its essence, GameFi refers to the integration of gaming mechanics into decentralized finance platforms, enabling users to earn rewards, participate in governance, and engage in financial activities through immersive gaming experiences. These platforms leverage blockchain technology, smart contracts, and tokenomics to create novel financial ecosystems within gaming environments. More: truflation.com/blog/unravelin…

@truflation Jesus, they need like another hobbies or something, why would you make a 24 Carat gold note.

NGL, that’s incredible.