Stocks sink as US inflation persists

[jann]

services. The cost of labor is a fraction of overall costs.The economists like to point out that increasing wages creates an inflationary pressure, but the reality is that such increases for a successful company have minimal impact on the cost of its products

[ree]

I like Musk but I hope he's wrong!

[zama]

Nice thread, what I find strange is very fewnone comments from people who were actually impacted by this crash, they must be going through some tough times, stay strong people - You are worth much more than your bank account

[wily]

Crypto bubble... Wait for it..

[irvo]

Push on , can't buy any cars right now ,from any manufacturer, take over the market

[paiz]

We are all thankful for Mr Brooks

[ftpc]

CLEAN, SOBER, SAFE, HONEST, HEALTHY AND PROSPEROUS CALIFORNIA   RAIN IN CALIFORNIA  LOVE ONE ANOTHER  FREE THINKING  OPTIMISM

[catg]

How you can call something stable if its pegged to fiat, that#39s unstable, inflationary by definition?

[equ]

Really nothing new has been said here. Is there a risk of overvaluation in the market? Then, diversify your positions. That's investing 101.

[feo]

My concerns band questions are as follows. Can crypto currency be used to purchase items at a yard sale? Can it be used at the strip bar, can it be used to buy nuclear armaments? Can it be used to support failing enterprises domestically or abroad?  Is it fractionally reserved bankable, can the thousand day interest method be applied towards it?  Does it honor the founding fathers? How easy or difficult is it to counterfeit? Is it FDIC insured? What backs it, could it be taken to a bank and exchanged for an  IRA contribution? Does it cost money to use like some debit cards and credit cards? How difficult would it be to loan one of a crypto currency carriers friends or relatives twenty dollars if a situation arised? Could it be used to donate to charities? What about campaign contributions?

[fej]

Really well done.

[shy]

I think the economy will survive the summer due to seasonal activity, then it's all over. Summer-related activities will be the last gasp.

[tsan]

The economy is trash and  the people know it. Just look at gas, food, and housing. This is where most of our money is going.

[deon]

The inflation, Afghanistan, forever Covid, supply chain issues, Ukraine, Iran again enriching uranium and more are attributable to the global chaos Trump unleashed.

[alic]

Now that the Terra hard fork has taken place, does this mean that the original Luna tokens, now known as LunaC, are worthless? Should we hope that they will be viewed as having utility and possibly gain value over time?