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Interest rate increases and fiddling with official figures: Madelon Praat

Interest rate increases and fiddling with official figures: Madelon Praat

In this new episode of Madelon Praat, Madelon Vos discusses the recent decisions of the European Central Bank (ECB) and Statistics Netherlands (CBS). In their opinion, the published figures are manipulated, which gives a very distorted picture.

Distorted numbers and sharp interest rate increases

In the video she talks about a variety of topics, including confusing numbers, inflation and the ECB’s policy decisions. She explains how the ECB raised interest rates for the tenth time in a row. This value is now at a historically high level of four percent.

This is the highest interest rate since the founding of the European Central Bank. The increase was expected and deemed necessary due to high inflation. She emphasizes that the ECB now more than ever assumes that inflation will reach the two percent target again.

Statistics Netherlands recently announced that the purchasing power of the Dutch population as a whole will fall by 1.2% in 2022. It is the largest decline in purchasing power in 40 years. And this despite the fact that income increased by an average of 5.5%. The estimated inflation rate of 6.8% does not correspond to previous values, which were significantly higher. This raises questions about the fairness and accuracy of the measurements.

Of course, crypto news will also be discussed again. Finally, she shares her opinion on Bitcoin price with a technical analysis!

Join Madelon Vos’ MoneyTalks community!

Madelon’s MoneyTalks community was recently launched! In this online community you can ask questions and share knowledge! Upon request, Madelon also conducts technical analysis and organizes question-and-answer sessions where live questions can be asked. If you create your own analysis, the experts in the community can take a look!

Madelon explains too! Through Madelon’s courses you will learn, among other things, how you can safely and confidently start dealing with Bitcoin and other cryptocurrencies and make profits by investing in crypto. Would you like to meet Madelon? Then check out their free courses!

In the free Crypto & Trading Academy course you will gain insight into topics such as Bitcoin, other cryptocurrencies, how to store them safely and how to buy your first cryptos. You will also learn the basics of technical analysis. This free course is a preview of the entire course.

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