Honestly back to reality and that which we call reality is more bizzar byt the day. Here's one headline to make you scratch your head.
"People Are Losing Faith In This Institution": ECB Staff Threaten To Strike Unless Pay Hikes Keep Up With Record Inflation
"According to the FT, workers at the world's biggest hedge fund (or at least it was until the Euro hit parity), known as the European Central Bank, will discuss protest action and even potential strikes after rejecting a pay offer well below the rate of eurozone inflation, a union official has warned.
The ECB’s proposal to increase pay by "only" 4.07% in January is - hilariously enough - consistent with the bank's own opposition to deals that link wages to inflation that it believes risk fuelling a damaging wage-price spiral. There is just one problem: its own employees think Christine Lagarde - herself a multimillionaire who barely avoided jail time despite being a convicted felon - is full of it and demand much higher pay... which if extended to all European workers will result without doubt in a wage-price spiral, as higher wages will mean higher prices, which mean even higher wages, and so on.
The ECB's latest pay offer, up from a 1.48% rise at the start of this year, is less than half what annual eurozone inflation is expected to be this year and will leave its staff with a significant pay cut in real terms (don't tell them, but most Europeans won't even get a 4.07% nominal wage increase: are they supposed to strike too)."
So the central bank raises interest rates but won't give it's own employees that inflationary raise. You can't make this stuff up!
**Nigeria Limits ATM Withdrawals To $45 Per Day To Force Govt-Controlled Digital Payments
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Alright so it seems the E-Nira CBDC isn't really picking up steem, so now people are being nudged into adopting it. This coercive approach is what we can expect from our central banks and governments in the future.
"New limits aren't allowed only $250 per week" In Nigeria! Yup the bank is not allowing your money in Nigeria! Businesses are capped as well! Well we have been warning for a while. It's just a test right?
Yah it's disgusting. Yes we have been there. Don't turn away!
So enjoy your greecy bad for you pizza! Someone might deem it so bad for you your bank is locked from buying it for the week. I don't know why I posted this as the ending. We can blab blah about bad stuff all day. I just hope my CBDC will still let me order a pizza. Underground money should be fun. I will welcome the speak-easy, and whatever underground currency accepted. #GOLD #SILVER
John Wick's assassination world only excepted GOLD. I wonder why?
China reveals gold buying after quarter of mystery purchases
Honestly us crypto nerds need to realize that the tech that we love will be used against us. I will say it's imperative to have some in your hand physical gold and silver. Paid with cash (while you can) it is uncrackable and untraceable when used.
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ECB == hypocrites. Both the bosses and employees. They should find some real jobs.
@tipu curate
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Modern slavery is growing. Ghana is to export Nurses to Europe to receive loans and extensions from them.