North Korea: Missile programme funded through stolen crypto, UN report says

Started by OZER, Feb 07, 2022, 06:11 PM

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All you  normies who think bitcoin is a bubble, good luck.



crypto is the same scam as fiat, only crypto doesnt have the backing of any government or global financial institution.. terra luna was pretty comperable to the usa $, but the $ is protected by the largest military complex in the world, we all know what happens to ppl that try to destabilize the $ - they exit game irl



This is what the government wants.  Inflat their way out of debt but they just keep borrowing way more.

No one earns 20% year over year. That#39s what sucked Madoff#39s fools in. If any group is claiming to make consistently well above market gains they are lying criminals.

He's also been claiming full self driving for how long? Lol

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.

You have people calling for a bubble every single year to get clout and prove their a genius. They literally call for a bubble every single year and when one finally happens they say see I told y'all so and people call them a genius smh.

The smartest token in the world is Web3 Spark SPARK3, the first token that controls itself and not by owners or anyone else.

socialist has worked out for them. Keep voting for the democrat party and we will all enjoy the equality of poverty.socialist economic policies always fail,and only lead to the collapse of a nations economy. Just ask the people of Venezuela how voting for liberalsWhy are people surprised inflation is rising? History has proven time and time again that liberal

employer operations at the  expense of the domestic labor market.big money over workers so  Fed data on labor is seriously flawed and optimize
 investorinvestors getting tax breaks and repressing wages in the labor market... Feds mostly provide credit  for big money investors  not for wage earners.
 The Feds uses  an adversarial model to pit  labor vs employer investor ... the Feds always favor employersInflation was driven by big money

Crypto CEO's talking to people like Maxine Waters....may as well be talking to a stump in the back yard. We need intelligent leaders and not 80 year old high school drama queens.