There will be a crypto trading platform coming by Citadel-Virtu-Fidelity-Schwab

[Worp]

10 would get fired againSuch an interesting thing to pay attention to instead of my source of income, 10

[muji]

Ummmm how was this done with no toilet breaks in nearly 5 hours?!? Anyone?

[hali]

And all on the XRPL

[kn4s]

Lmao quotstable coinquot not very stable now is it! Everyone says savings account are terrible and money is being lost by inflation. Well guess what i still have my money because its government insured its not going to blow up into nowhere because its federal LOL

[sore]

hilarious

[ano]

I like this side of . Good for him.

[maxa]

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.

[zz27]

br

[bap]

Push gold in cpi data let's go baby!!

[sado]

It will just be an easier way for ilicit transactions to take place..... Then the feds will not tracked all that money because they dont care.....

[oaf]

Dixon seems not ready for prime time. Missed several opportunities to hit home runs and instead grounds out. I suggest she practice more or they get someone in who excells at communication. With what is at stack now we cannot have amateurs representing us. I give Dixon a partisapation award

[iSh]

Abolish the federal reserve

[talh]

Dishonest reporting

[gui]

Our raises already got sucked away.. We're tired of getting screwed so we decided NOT to buy much at all just the basics screw Chinia and the GREEDY corporations who make record profits and screw the employees

[Dtzx]

Tesla is kinda going through stuff now with their Harrassment charges...