USD Breaking News: U.S. Dollar Fades on ISM Manufacturing PMI Miss

Started by OZER, Jan 04, 2022, 07:44 PM

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To pay 20% interest - how were they making money to pay this interest

Interesting that few commentators talk about the recent record growth in the money supply. For these folks its as if the price level is somehow independent of the quantity of money.

EV's, Biotech Spacs, cryptos and anything Meta is probably in a bubble territory. It'd be interesting to see another speculation driven bubble pop like the .dom bubble. The internet is still around but not how people speculated it to be in the late 90's and got burnt.


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



Ok, the dude talking about hamster coin hasnt got the slightest clue as to whats happening here. Eth replacing Bitcoin is like saying that a car could replace a washing machine.  And then he goes on to complain about coorperations, banks, and wall street making money off of this, of course he is right, they are and will continue to just like they did with everything else. Of course he does not mention the many lives that were changed for the better due to the tech, many of which had next to nothing before they found crypto, and the many that will be change simply because of the access they will gain to the global financial system of the future. There will always be those who seek to capitalize on anything they can.  And then he complains about fees, yea coinbase might be a bit expensive, but the crypto exchanges are just a small part of the over all industry, and I don't think he has the slightest clue as to what this industry is. The exchange is simply an on ramp, once you are on, and move off exchange, there are no more third parties to deal with. The fees you pay on the blockchains go to the ones who support the networks, which is a widely diversified population as opposed to a few CEOs or bankers or wall street elites. This industry provides opportunity for anyone and everyone who decides to come in.  And no, it will not ruin the dollar, there are many reasons why this tech could help boost the dollar in the years to come. If the dollar fails, the most likely reason for this will be the goverment itself. The United States needs to get ahead and stay ahead in the crypto industry if it is going to keep its place, its monetary dominance in the world.


Shermannnn. Give it a rest pal. You start comparing Doge to Eth in terms of functionality and you have lost your right to speak here haha. Shhh go back to bed and your pill box

I am so over this stupid company and this idiotic CEO. I was invested in  two years ago. I'm done with their lies and their deception. Completely divested from this turd.