Stablecoin guidelines published by New York's crypto regulator

[MAox]

How you can call something stable if its pegged to fiat, that#39s unstable, inflationary by definition?

[d0b0]

_Can the USA stop printing money?_  There, I fixed your title.

[lpl]

I guess if people with money and power want to bring down anything, not just crypto, they can do so brwith will. Take for example, George Soros, took down the bank of England in 1992, making at least $2 billions in profits. Supposedly, the second most stable currency in the world.

[doro]

What else are people are suppose to do with the money they save from staying at home??? Buy some stock and drive price up. Retail investor and Hedge funds know it and everyone is on this

[oudh]

I think this is a shot across the bow of those who are thinking of leaving Tesla because of the office work policy. Elon is telling the employees that they have no leverage.

[roll]

This  did not answer the question....smh

[dole]

No way they can stop if they try to the economy will deflate to a point where the government will for sure go bankrupt causing famine etc , fundamentally there are 2 problems reducing demographic growth and aging population which is going to devastate the debt burdened economy into a deflationary spiral at one point but for now hyperinflation is the problem .

[X080]

To be honest, I#39ve never managed to wrap my head around American economicsbrbrFrom the FIAT currency to highly inflated startup valuations and crypto. brbrTo a layman like me, it all seems like people create money out of thin air, bank on the hype then jump ship when the house of cards comes crashing down on them

[Sosa]

You have people calling for a bubble every single year to get clout and prove their a genius. They literally call for a bubble every single year and when one finally happens they say see I told y'all so and people call them a genius smh.

[lien]

Most of this talk about inflation is just Republican fear-mongering to try to win back Congress next year.  Sure, there are higher rates than normal, but its not caused by Bidens agenda, and this would still be happening under Trump.  Its because theres a shortage of good jobs and workers, with demand skyrocketing as people come out of lockdown

[kfo]

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

[lush]

hilarious

[jk42]

yes, if all currencies have the same exchange rate, or just use gold or silver currency

[ptoi]

Turkey the best example of not increasing interest rates :-)

[anr]

13:03. So much BS.  The Fed is going to keep interest rates near zero because if they don't the government wouldn't be able to service its own debts.