RBI announces no transactions in G-Secs, Forex and Money Markets today as Mahara

[kids]

Yes. Buy you have to END THE FED first

[Bru]

Proof-of-work on notice in that brief energy discussion.

[ries]

Interesting that a quotstore of valuequot and something that made you 20% return would go down to literally 0$, the price is a fraction of a cent. This is unheard of even with huge financial crashes like the 2008 crash, stock of banks that were about to go bankrupt if it weren#39t for the bailouts fell from like 48$ to 18$ which is a significant loss but nothing compared to 120$ going to literally 0. With traditional finance if a company turns out to be a 100% scam (not even 50% of their earnings being fake which is a huge fraud) it sometimes doesn#39t even go to 0, in crypto it might not be a quotscamquot, nothing really happened except people deciding to dump the coin and causing panic. Imagine if apple or amazon stock went to 0$ because some hedge fund would dump a lot of stock, it wouldn#39t make any difference in a matter of a week and in crypto it turns out that the coin is worthless. I think that it#39s just returning to its fair market price, which is 0$ because it#39s basically worthless and in most cases doesn#39t serve any purpose. It#39s like investing in gold which doesn#39t generate any value, except that gold is desirable and you can make jewellery or electronics with it. Its value can#39t really go up due to it generating more value than before (maybe unless we find some new revolutionary use for gold), crypto is the same except the token itself is also worthless. And I#39m not a boomer that never touched crypto, I#39ve used bitcoin in 2014 and 2015 and discovered how fucking shit it is with huge transaction fees, long waiting times and it not being accepted in any real world uses except of markets on the dark web. It#39s literally only good for that, I can#39t name a single thing outside of privacy that it does better than my bank app.

[lane]

One of the reason is fed printed $6Tn, where would all of this go....it would throw inflation off the roof...hence the absurd valuation, it's not coming down unless $6Tn is absorbed by Fed

[soot]

How is it that CEO's can keep sending their own pay to the moon isn't brought up when talking of price increases, but paying a living wage to employees will cause inflation and the end of the economy?

[eNes]

Simple get rid of democrats and their obscene desire to print money

[neat]

Joey is doing great

[XP2K]

Yes, but they won't stop it. It would require crashing the economy... That includes both assets and equities.

[disk]

Fools

[reel]

I mean, having all your money stored in only 1 asset, being the most unstable one of all - crypto is not the smartest thing to do..

[ises]

Dollar cost average into an

[ada]

Does anyone know of any very rich economists?  True experts would be among the 1% and not on government pay.

[addia]

I#39ve had more financial success with Nigerian princes over email

[babi]

lol

[Xmas]

If you had $450,000.00 to invest, and you stuck it in a stable coin, then you had too much money to begin with.  Also, if you#39re looking for an alternative to the dollar that keeps its value in sync with the dollar, then what was your endgame?  You know, there#39s a asset that keeps in perfect sync with the dollar, it can be used in electronic transactions and it#39s accepted the world over... We call it: The Dollar.