ECB cuts interest rates by 0.25%

Hello!

Today we got the news that the European Central Bank cut interest rates by 0,25% percentage points. From 3,50% to 3,25%, some will say is not that much, but it is. It shows that they are going in the direction of cutting rates, and more rate cuts are going to follow in the future.

Remember their inflation goal is 2%. In fact they are aiming to get the inflation down to 2% in 2025. With their own words:

Inflation is the lowest it’s been in years. It is likely to go up again in the coming months before returning to our 2% target in 2025.

We did this because incoming data show we are well on track to reach our inflation goal.

If you think that the inflation rate they are targeting (2%) is going to be reached, I will laugh at you. In fact, I assume they are going to publish some shady and manipulated report saying that they got the goal of having a 2% inflation rate, but it will be faked number.

There is NO WAY they can stop printing money with these levels of deficits. 0% change. As Greg Foss says, it's just pure math. There are 2 things true in this life, that I'm going to die and monetary debasement.

Everything is going to the best direction possible for Bitcoin.
Prepare for the take off.
I hope you had a great day!

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