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RE: LeoThread 2023-05-31 23:11

in LeoFinancelast year

The FRED charts released by the Fed are probably manipulated.

The data on a public decentralized blockchain cannot be altered, however.

As trust is further broken down, we'll move further towards a transparent financial world.

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You can go to the actual reports and read the data for yourself if you think it is being manipulated on.

There are plenty things about the system to question but you really are ridiculous.

And how do we know that the data being fed into the charts is trustworthy?

On the other hand, the economic activity of a public blockchain cannot be manipulated and is open for anybody in the world to verify.

Because it comes from the banks themselves which is public information. There are a lot of things the Fed does that are murky but the data isnt one of those areas.