Dow rises to new record, but Nasdaq falls nearly 2% as higher rates divide the m

[kuba]

Getting fuel prices back down would help tremendously to lower inflation on goods that are trucked around the country. Dealing with port congestion would also have a tremendous impact. The biggest cause of inflation, however, is the fact that the Fed added 35.7% to the USA money supply in just a year and a half. When you dilute the dollar by that much how can you NOT have inflation? That was a huge gift to Wall Street investors, of course, including our politicians in both parties. (Just look at the growth in the S&P 500 since that money printing started.) But for everyone else it means that their wages and their savings now have less buying power. Our government no longer represents we the people - neither party. Instead they represent the billionaires and corporations who fund their campaigns. This includes the wolves in sheep's clothing who feign outrage against the corporations and the rich. All you have to do is follow the money.

[Gtb]

If we were mostly renewable energy driven and sustainable goods sources and made in america we wouldnt have these issues and if we did, we would be able to react as a people and not be on china or saudi arabias chess board.

[hiki]

I believe this Company currently has nearly 2.5B outstanding shares fully diluted. Good God stop the printing!

[leko]

BROOKS IS A GUN

[gelb]

Sure raise the interest rate to 20%

[dacy]

Yes! Collapse. Also study history, past country's before collapse had a false sense of well-being and growth of economy leading up to the point...

[venu]

Ok, the dude talking about hamster coin hasnt got the slightest clue as to whats happening here. Eth replacing Bitcoin is like saying that a car could replace a washing machine.  And then he goes on to complain about coorperations, banks, and wall street making money off of this, of course he is right, they are and will continue to just like they did with everything else. Of course he does not mention the many lives that were changed for the better due to the tech, many of which had next to nothing before they found crypto, and the many that will be change simply because of the access they will gain to the global financial system of the future. There will always be those who seek to capitalize on anything they can.  And then he complains about fees, yea coinbase might be a bit expensive, but the crypto exchanges are just a small part of the over all industry, and I don't think he has the slightest clue as to what this industry is. The exchange is simply an on ramp, once you are on, and move off exchange, there are no more third parties to deal with. The fees you pay on the blockchains go to the ones who support the networks, which is a widely diversified population as opposed to a few CEOs or bankers or wall street elites. This industry provides opportunity for anyone and everyone who decides to come in.  And no, it will not ruin the dollar, there are many reasons why this tech could help boost the dollar in the years to come. If the dollar fails, the most likely reason for this will be the goverment itself. The United States needs to get ahead and stay ahead in the crypto industry if it is going to keep its place, its monetary dominance in the world.

[miso]

This has more to do with more scrutiny on his company

[amy]

Hopefully of the man cuts they can keep the cyber truck at 69 grand

[rran]

Inflation will stop if we stop creating money from thin air and raise interest rates.  Simple.

[LGZR]

Joe Biden= INFLATION

[Deaf]

 TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!!!!!!

[nov]

Transitory?? More like Up & Stuck

[pvpk]

Jesus, he literally only had 15 seconds of material and just bumbled over the same talking point for 3 min too long...this guy is a clown

[he11]

Who's ready for The Great Depression v2.0?!?