Forex Today: British Pound Hits 2021 Low

[teardrop414]

I wonder whos problem this is?

[neonphoenix]

Bitcoin is sucking the wealth of America into its Vaccume like a boss.

[xPBJ_all_DAYx]

Well, once you've printed the money, no, you can't stop inflation. Prices have to rise to adjust to the new amount of money in circulation. But it could have been not caused in the first place by not printing trillions of dollars. And while you can't stop the inflation that's going to hit on account of the money already printed, you can stop yet more inflation but not printing yet more money.Of course the powers that be will claim they are going to somehow fiat and decree inflation into submission, yet keep printing like crazy, then be baffled and surprised how and why inflation keeps going even though they issued fiat and decree saying no more inflation. Why won't the economy just obey our fiat and decree? We _said_ no more inflation, why won't it just stop? And oh, since it won't stop, we'll just say that actually what we want and should have!

[DragonBlast]

No

[drumlin]

Did you know those 3 FEDERAL BANKS are only open to high net worth and INSTITUTIONAL INVESTORS for crypto.yah inclusion my a@@

[messeduppenguin]

Lets not blame government printing money .

[zmaster717]

Current economic model comes from assumption, and it leads the inflation. I think changes needed to global economic model, otherwise it will be a like chicken and egg problem, chasing around the tail forever. Nobody will be happy getting higher wage but in the same time the expenses getting higher too. It's exhausting for the government trying to control it. Does anybody here feels the same way as I do?

[amit]

The argument that if prices inflate, then workers will ask for pay increases and owner will have to increase prices. Well, that's part fiction and an ideal scenario. The fact that wages don't increase with inflation for decades and some companies are forced to keep prices competitive and low compared to larger companies what have better economies of scale, it basically widens the wealth gap by making smaller businesses less competitive and workers buying power decrease over time. Let's not forget that companies only have an incentive to increase wages with inflation for top talent, and no incentive to do so for the rest of their workforce as the others are simply expendable. Economic theory is not reality. Economic Theory works better when there are Unions that fight on employee behalf to ensure everyone gets a fair wage.

[oxpecker]

Well I really appreciate ️.for the amazing Bitcoin flip done for me yesterday

[kathythecat12]

according to  anything that's going up is in a bubble

[RitzCraka]

Every graduate degree in the US is actually in woke studies, so I dont see those being all that useful.

[needham]

Proof-of-work on notice in that brief energy discussion.

[animationstudios]

6:02 Just like raising the minimum wage to some absurd amount of money

[resorcinol]

I can't understand the mandate for the federal reserve is supposed to be stability when they are the ones to cause even more unstable events. They should only ever control the money supply based on the population and not by natural disasters and now we're seeing the product of that happening. People always seem to blame companies first for a lot of the issues at hand whenever we have a crisis arise but don't understand who were the ones to start it and continue to produce more of them. Interest rates should be at least a couple of percentage points higher because these low interest rates are providing an incentive to just borrow freely without any repercussions.   I can see why bitcoin was created to challenge the stupidity of the monetary system but again it's filled with corruption and flawed with the same issue with everyone trying to play mind games with the public to make it seem like it's a fair game. I truly think the best way to get a good money system in place that is based on merit and genuine work is by utilizing the blockchain concepts to monitor for fairness in all transactions instead of just making them public. Something that denies out weighted transactions and promotes balance and stability over the toxic growth mindset beyond everything mentality.

[gkhaavik]

Lies, damned lies, and statistics