New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022

Started by OZER, Feb 07, 2022, 06:11 PM

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bingo at 11:00 minutes, hmm we need to strengthen the workforce in America, too much power to various companies and employers who export American job labor and now are anti-union. If the minimum wage had matched inflation from 1968 we would be looking at 2021 rate of $25 per hour to allow persons in America, to afford to save for homes, rent cheap, save for emergencies and generate wealth for all Americans but with the minimum at $7.25, we have a poverty wage and over 40%of the American workforce is living pay check to paycheck, millions fell into poverty in 2020 pandemic. The freakin child tax credit literally lifted some 20 million-plus children out of food insecurity.  Too many hedge funds and private equity firms driving up housing, rentals across America in all 50 states, and we are about to remove 455,000 truck drivers off the roads in less than 10 years with automated trucks, is one another example of millions of families being affected with job changes and the economic change of America in the 21st century.

The fear mongering in US media is insane. As long as inflation is controlled it is NOT a problem. It didnt appear out of nowhere, it is the outcome of the economic stimulus created by the government. The United States is the greatest economy on earth with the greatest minds to work on this problem. I am sure things will be just fine.

Inflation will be transitory. I heard a similar story about weapons of mass destruction in Iraq


This  misses the core issue, and that is insane amounts of money being printed. Past valuations simply don't matter anymore


It really gets me when these commentators get on here in defense of the Fed the reason I am saying this the FED does not have any dummies on it staff what I am saying here the Fed was not late on any of the financial crisis has they let it happen like it or love it it's the truth

@crypto is to perfect and can do on a global scale what Democrats are incapable of doing. That's. why  all democrats MUST destroy it, they will do anything,  in there power to destroy CRYPTO'  for the sole reason THEY CAN'T steel anymore  FROM THE PEOPLE only thing the ARE  NOT SMART ENOUGH

Yes. By shifting the attention to China and Russia, Biden can easily downplay the inflation issue.


43% of all the currency ever printed in US history was printed under Joe Biden with the last 1.5 years... Biden is a complete moron