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Title: E-piphany | A Blog About Markets, Mania, and Miscellany

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By now readers will be well aware of USDi, the cryptocurrency whose price represents how many of today’s dollars you would need to buy a December 2024 dollar. (The answer at the time of this writing, according to https://usdicoin.com, is $1.044755). That construction means that USDi is i...


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Here we are again, on the monthly CPI roller-coaster. Consensus coming into the day was +0.60% m/m headline, +0.33% core, pushing the y/y numbers to 3.7% and 2.7% respectively. The headline print will obviously be flattered by energy prices again, but the core number may seem surprising since we have been running between 0.196% (last month) and 0.313% (last July) for the last...


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