There will be a crypto trading platform coming by Citadel-Virtu-Fidelity-Schwab

[Jman]

But I like the stonk

[con]

all tech people are cons and speculators - making money out of nothing, out of air

[font]

Brooks for U.S. President 2024

[fan]

Tax and spend Democrats, Cut tax and spend RepublicansBoth parties are the same.

[ainu]

Inflation is caused by 3 things:  1)  increasing demand (the US has been constantly printing money, check) 2)  Supply shortages (US is in a trade war with China causing shortages, check) 3)  increasing business overhead costs (minimum wages, costs of material, and corporate taxes are increasing the costs of running a business, check)  As long as nothing is changed from the above then expect inflation to keep rising.

[wace]

buy I Bonds.  Over 7% now.

[ink]

Over 67%+ of Americans unemployed permanently!

[d0b0]

Are the people in charge of the Federal Reserve voting their own financial interests or those of the very rich or their own obligation to the country?

[Lud]

Heres the more important question: does the US government WANT to stop inflation? After all, Poverty is phrased as an individual failure in America, not a systemic issue. Its your fault that your pay doesnt keep up with inflation, and its your fault that your pay is so low to begin with.  Social programs are too expensive, we can spare a couple billion of taxpayer money to bail out Amazon Because it had a slow third quarter. Affordable housing is too much of a financial burden, yet the annual budget for military spending goes up by billions every year.  Suffering is the point

[anjo]

I can't stop buying pltr lol send help

[lpl]

Federal Reserve caused this.

[DvM]

I didn't know Bob Saget was Brain brooks uncle. Very interesting discussion .

[oudh]

Yeah, raise interest rates by .25% every 6 months until you reach 2%, then stop! The reason raising rates screws up the economy is that they go too fast. Give those Fed governors each a lollypop and tell them to chill. 3% is too high and it will accelerate economic decline.  Productivity has increased per actual human man hours. If you go by dollars per productivity, it will be wrong every time. Union busting has contributed to income inequality. The Fed always overreacts in either direction. They actually cause instability.

[roll]

Hyperinflation is going to change everything. It's happening. It will happen in the US soon, and so the world.

[dole]

Holy shit RSR Nevin called it?