Bitcoin could become ‘worthless’, Bank of England warns

[macaroni]

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.

[Konohaku]

I wont use this and  as evidence and tell yourself that you are worried Bitcoin and Tesla will crash. Be safe in everything you do but I would call this irrational fear. The entire US government and US dollar is based of loans and debt. You give and you take. Buy Bitcoin. Buy Tesla. Take what you want. But never forget to give back. If you take. You have to give. People should be more concerned about what they are going to do with all this fast cash in order to help people other people survive. There are 8 billion people on this planet. 10% and I would suggest more are starving to their deaths. That is what we should be talking about. Repaying our debts. Giving back. I hate to burst your bubble. A bubble burst is the least of my concerns.

[Detasodo]

In the past when inflation would rise the feds would raise interest rates. Why don't the feds raise interest rates? Could it be the feds don't want to pay more interest on 29trillion of debt? The feds have dug a hole they can't climb out of. Now the people are stuck paying higher prices.

[vaimedia]

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 .

[spermous]

Nature may abhour a vaccum, but the human world loves bubbles.

[alidus]

Biden said that the administration is "closely monitoring" inflation. Safe to say NO, the govt cannot control inflation.

[renayrenckens]

This is a hangover of the Trump administration exacerbated by Covid

[manganate]

You'll get used to it. - Love, Argentina.

[ghosttv]

The Federal Reserve Bank is very, very destructive to the USA. A gold standard is superior.

[falldown]

If lumber and steel go up, how could you say housing prices are in a bubble but the raw meterials are supply and demand?

[killermatt11]

Whatever lets fuccn go saitama

[kommandantrex]

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

[caik]

I hope everything crashes and burns so i can start buying out.

[friezaandcooler]

Idek why Im watching this omaon

[physiotherapy]

SEC is taking over Crypto!!!