Stocks sink as US inflation persists

[saad]

Damn all those old people will never try to understand crypto. Need to pass term limits to keep old people out and fresh minds in.

[kunz]

One of the reason is fed printed $6Tn, where would all of this go....it would throw inflation off the roof...hence the absurd valuation, it's not coming down unless $6Tn is absorbed by Fed

[tor]

#DBA

[tubs]

The bubble is transitory

[Fodo]

Cancel the Fed Infrastructure bill entirely , highway can be toll roads some already are,  let the State manage there own bridges and road like it was originally suppose to be handled.

[tink]

Anyone up for revolution? Serious inquiries only

[mhd]

if your life is ruined by this. you are doing something wrong lol. only invest money you could afford to lose

[doug]

So wouldn#39t it most likely be banks that were behind it? They damage competitors and force more regulations on them.

[Wex6]

 bubble

[kapp]

Bitcoin is the future investing in it now is the wisest thing to do now especially when you've a good crypto broker, so Despite all the economic crisis this is the right time to start up an investment

[essy]

This is a great way to solve the problem. Pose a question via a  , then let the r commentators provide a robust solution with their extensive collective background in economic and monetary theory.

[ben]

Every time inflation has exceeded 4% and unemployment has gone below 5%, the U.S. economy has gone into a recession within two years. Inflation is currently at 8.3% and unemployment at 3.6%. But no guys, Elon Musk is the crazy one.

[ncrs]

So many people wants to kill Do Kwon

[g123]

The economy is trash and  the people know it. Just look at gas, food, and housing. This is where most of our money is going.

[tty]

Absolutely nothing mentioned about the monetary supply.  Not a single peep.    I guess all those economists who used to teach that inflation is "Too many dollars chasing too few goods" no longer exists..  Monetarism is closely associated with economist Milton Friedman, who argued, based on the quantity theory of money, that the government should keep the money supply fairly steady, expanding it slightly each year to allow for the natural growth of the economy.  Monetarists argue that if the Money Supply rises faster than the rate of growth of national income, then there will be inflation.   I guess when the 1970's inflation rate returns in 2020's, monetarism will be in favor again.