Gold has remained steady as stocks and bitcoin have plunged

[firewolf777]

Maintaining stable prices is not one of the Federal reserves goals. If you understand exponential growth then even at their smallest 2% stated goal of inflation you have extraordinary results in just a couple decades.  When you realize the national deficit was less than one trillion dollars in 1980 this starts to make sense. This system is not sustainable and we are near the end.

[trucksd1]

Well, once you've printed the money, no, you can't stop inflation. Prices have to rise to adjust to the new amount of money in circulation. But it could have been not caused in the first place by not printing trillions of dollars. And while you can't stop the inflation that's going to hit on account of the money already printed, you can stop yet more inflation but not printing yet more money.Of course the powers that be will claim they are going to somehow fiat and decree inflation into submission, yet keep printing like crazy, then be baffled and surprised how and why inflation keeps going even though they issued fiat and decree saying no more inflation. Why won't the economy just obey our fiat and decree? We _said_ no more inflation, why won't it just stop? And oh, since it won't stop, we'll just say that actually what we want and should have!

[Woody2man]

The same companies reporting inflation are the same ones causing it.

[bubble5454]

a pound of apples sold for 1,29, and bought for less than 6ct at the holy "international market". all of us are falling for the grocery store scam. and the best is, you folks now start buying stuff at a local farmers market? those apples should be costing less than one Dollar a pound for sure. more likely one Dollar per Kilo. or do you fall for the "buy local" scam now?

[SkrillexSKX]

Imagine coming to this hearing and asking whether the user base is diverse and specifically how much is Latino and black. What planet are these people on.

[Dull_Cucumber]

It takes the  24 seconds to bring the first completely wrong statement.   Valerie Wilson: Nobody likes Inflation.  Somebody who has material assets for example in brick and mortar and also huge financial liabilities like a mortgage can like inflation as it is going help him to pay back the money he owes.

[funduck1996]

$FTM $HEC $RNDR, check them

[ImEpicR]

Long term watching this rn :- 

[beau23456]

Wow, sincerely impressed with the level of depth so eloquently explained here! AND even more impressed by the lawmakers willingness to keep open minds and finally ask intelligent questions on the matter of crypto, a marked shift in attitude for the better of everyones future!

[Swoozack]

DESTROY UNIONS, LOWER MINIMUM WAGE AND TAX THE MIDDLE CLASS MORE.

[selewis2]

The only issue is there is way to many cryptos ... Coinbase was fine when it had 3 coins ... but over 100 is way to risky

[SkillPack]

How much is the appreciation of digital coin contributing to inflation?

[aori]

my boyyyyyy bankman frieddd

[ilikepie0607]

Another  with a higher dislike to like ratio. This one has also been masked. Pravda comrade!

[Hiv]

rint about 10% of new money every year to have stable inflation (US and every county on earth done it for 100 years) and not get into a deflation spiral. In the last year, there was printed exactly 10% of the money supply of 2020, so in last year the US printed the exact amount of money they should.