New NFT cloud from Salesforce plunges into crypto

Started by OZER, Jun 08, 2022, 09:25 PM

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Mr Brooks confident smile as he talks justified to me being 95% in crypto, and the lawmakers compliance is brilliant to finally see.

DOGE....LAMO.... That's why elon want to become a influencer and run these meme media companies.....Wait...what you're comparing Tesla and GME


Musk is clearly concerned about the short Bill Gates has against Tesla. Thats why he halted on buying Twitter too, he can't let the shares dip too much. The economy already has priced in the rate hikes.

so musk dicide when the economie is good and bad.when he get get the whole pproject from nasa ..elon alone fight russia and china elon all over social media elon have 1000 discovery day 19999 fish war for musk.

Rich getting richer, the poor gets poorer


Urgent Alert !!    More mass shooting will happen if DOJ Garland doesnt arrest top Trumpist! 

Instead of sending tweets that destroy the market perhaps Elon should get some sleep


DBA has so much in store and you don't want to miss out on huge opportunities. To the moon  #DBA

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.

I see inflation when I go to the supermarkets looking for food which has increased considerably due to inflation which is caused by supply chain backups which is caused by lack of personnel at the moment.

If they illiminated trades if trhe xlm from any wallet to any wallet and allow us to make the price we want and made all trade on new tokens they could fi it but if they dont they will steal everyting