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News: @Solana’s Double Disinflation Proposal Goes Down to the Wire, Passing by 0.33%
✍️ @ideyquickvex
BREAKING: SOLANA DISINFLATION PROPOSAL PASSES AFTER @galaxyhq FLIPPED FROM ABSTAIN TO 58% FOR YES JUST BEFORE VOTE ENDED
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SGP-0002 Double Disinflation has PASSED
solana:So11111111111111111111111111111111111111112 to 1000
🚨JUST IN: Will double disinflation meet the same fate as SIMD-0228?
With less than three hours remaining, @Solana’s double disinflation and Resource Fee proposals have fallen below the 66.67% approval threshold needed to pass.
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BREAKING: SOLANA DOUBLE DISINFLATION GOVERNANCE VOTE GOES LIVE - PROPOSAL AIMS TO REDUCE THE INFLATION SCHEDULE BY INCREASING THE DISINFLATION RATE FROM THE CURRENT -15% RATE TO -30%.
SOURCE:
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Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
China into the WTO drove disinflation for 20 years.
The US is now trying to economically divorce China, reshore its withered industrial base, as US foreign policy is constricting a critical global commodity chokepoint, all into 7% of GDP deficits.
Why would inflation come down?
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BOE’S GREENE SAYS MORE WAGE DISINFLATION IS NEEDED TO MEET THE CPI TARGET, ADDING THAT WAGE GROWTH OF 3% IS CONSISTENT WITH 2% INFLATION AND THAT SHE HAS CONCERNS OVER THE BOE’S ESTIMATE OF TARGET-CONSISTENT PAY GROWTH
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Waller went from pleading "give disinflation a chance" just a few weeks ago to telegraphing "additional hikes" on account of higher energy prices, bigger AI buildout, and more tariffs.
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Fed's Waller: Could see disinflation from AI; potential is rising.