Russia eases capital controls to let companies transfer forex overseas

[shae]

whether the crash was intentional market manipulation is irrelevant.  you are in the market.  your asset must be able to withstand pressure by intentional wales or not.  brbrUST#39s value was not pure algorithmic.  It#39s value was always based on how much the Terra Blockchain was worth, represented by the Luna coin.   Noone should#39ve invested in UST without understanding that.  If there should#39ve been a warning label, that is it.brbr The fact  though that the market through panic assesed that Terra was worth 0 is remarkable.  We are talking about a system with hundreds of very good developers, validators operating a huge blockchain datanetwork system, Many many large Defi and other projects on it that could process and store millions of transactions on it.  In most peoples eyes that#39s not worth Zero but as they say, the market has spoken.

[kif]

Mr Sherman: Thats because YOU do not make it legal tender. You have a monopoly of money printing.

[thud]

Luna is literally the reason all $100 tokens crashed and why the market sucks rn.

[beal]

That what happens when you print 2 trillion $ out of thin air.

[wat]

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 Our government no longer represents we the people - neither party.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.

[augu]

Crisis?

[TCGM]

This was most likely done by the US government to bolster the SEC cases vs cpryto. This was heavily manipulated to stop the decentralisation on currency, and to put the power back into the government#39s hand.

[im53]

He's right as usual.  Government overspending and controlling idiocy and Covid lockdowns plus money printing of recent years have messed us up badly.

[poem]

Yes finally someone is mentioning the qualifications creep. Inflation is also in a way in the cost of getting a job. whie automation might generate more jobs #doubt its also killing all the low paying low skilled jobs that you can get with less education, the new jobs will require higher education which require more money, meaning the cost of getting a job is increased tremendously. This will badly affect the social mobility and deepen the class divides.

[Lets]

Preach

[Porz]

When fed stimulates or better to say overstimulates the economy it basically brings "future spending and investments" to "today". When FED starts to slow down the economy it moves "today's" spending and investments to "future" and moves "focus" to optimizations and cost cutting. There is no free lunch but as always when FED serves lunch, top 5% had really great lunch, while 95% will pay the bill.

[dou]

The economy is not Joe's fault, gas prices are not Joe's fault, unprecedented violence, murder & mental health crisis is not Joe's fault. Emboldened Russia aggression not Joe's fault. Stock market plummet not Joe's fault

[bluh]

When your stock price gets crushed, shareholders are going to want you to cut cost and labor is the first to take a hit.

[nose]

he uses his mad scientist look to offload stock on bagholders.

[henn]

inflation goes up regardless of wage increases Fake news