Interesting moment on live TV recently. Hassett was making his case that wage growth's now outpacing inflation—pretty bullish take if you're tracking consumer spending power. But then Fox's Martha McCallum jumped in with a fact-check, shutting down that narrative on the spot.
Why does this matter for crypto folks? Simple. Real wage growth drives disposable income, which fuels risk asset demand. If inflation's still eating paychecks, that's bearish for everything from equities to digital assets. The debate isn't just political theater—it's about whether Main Street has capital to deploy or if they're still treading water. Macro guys know: when the talking heads can't agree on basic economic indicators, volatility's usually around the corner.
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YieldHunter
· 12-06 03:30
ngl, if you look at the data on real wage growth, that fact-check was brutal. hassett's correlation coefficient on wage vs inflation is... actually sketchy. macro volatility incoming fr, this is peak degen environment rn
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GasFeeBeggar
· 12-05 04:57
Typical American politicians shifting blame to each other; real data is what truly matters.
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FarmHopper
· 12-04 23:46
Haha, fact-checked again. I'm tired of hearing this rhetoric.
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MEVSupportGroup
· 12-04 23:41
LOL, another classic moment of getting publicly fact-checked.
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Real wage growth? Why does it feel like my wallet is still shrinking?
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That's why I only look at on-chain data. The stuff on TV is totally unreliable.
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If Main Street has no money, we risk asset holders really have to worry. Let's watch on-chain trading volumes first.
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Does unclear macro mean volatility is coming? Then I better get my short ammo ready.
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The problem is that ordinary people simply don't trust official data anymore. Can your own wallet lie?
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0xDreamChaser
· 12-04 23:35
Is it true? Have wages really surpassed inflation? I don't feel it at all—my wallet just keeps getting thinner.
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SeasonedInvestor
· 12-04 23:29
Haha, Martha's fact check this time was brilliant. Hassett's rhetoric was debunked instantly. Real purchasing power is what really matters; bragging is useless.
Interesting moment on live TV recently. Hassett was making his case that wage growth's now outpacing inflation—pretty bullish take if you're tracking consumer spending power. But then Fox's Martha McCallum jumped in with a fact-check, shutting down that narrative on the spot.
Why does this matter for crypto folks? Simple. Real wage growth drives disposable income, which fuels risk asset demand. If inflation's still eating paychecks, that's bearish for everything from equities to digital assets. The debate isn't just political theater—it's about whether Main Street has capital to deploy or if they're still treading water. Macro guys know: when the talking heads can't agree on basic economic indicators, volatility's usually around the corner.