in Sep 2021, while still calling inflation as transitory, the Fed gave the hint of a rate hike in 2022. later, on Dec 9, the Fed no longer called inflation as transitory. note to Commodore, rate hikes are more severe than tightening Bitcoin has tanked along w the overall equities market; on the flip side, prices of precious metal / utilities / base materials / oil / debts have risen. once again, in crunch time, Bitcoin, as Warren Buffett would call it, choked providing more evidence that it is not an effective hedge against inflation / equity market uncertainty
I don't think Bitcoin is a hedge against inflation. If anything it appears to be contributing to inflation given how much energy it uses to mine and maintain bitcoin.
Nope, cynicism sells in the media....... be it Trump or Biden. Many people want instant gratification and lack attention spans... the problem is that even when there is instant gratification, people don't even know for sure what they want... they just know they don't want the current situation, which is a bi-product of policy decisions going back to at least Bill Clinton on China, GW and his expensive and endless wars, Obama and race politics, the endless hatred and erosion of confidence in the basic vote under Trump and now inflation and Biden.
Imagine not buying bitcoin in March 2020 when everything was tanking. and it was at $3k. Now it's at $34k When there's blood in the streets, be a buyer. There is going to be a massive monetary/fiscal response to the economy tanking, and bitcoin always rockets higher in these scenarios.
this current massive monetary response by the Fed involves massive tighening of its asset purchase, w the hint of multiple rate hikes in 2012. in response, the stock market has tanked; so has bitcoin
exactly, and they are inevitably going to overreact in the opposite direction and inject a mountain of cash into the system, which will send stocks higher (and bitcoin exponentially higher). Which is why now is the time to buy. it is politically untenable to ever allow the stock market to correct itself, the easy money policy response is inevitable, inflation be damned
YEAH BABY, ANTI-SHOPLIFTING CRIME-STOPPING GRANDMA-IDENTIFYING VIGILANTES!! TAKE A BITE OUT OF CRIME ib4 @tinman
I just heard retailers lost about 6-7 billions from these shenanigans. Is that true? If it is then I’m sure the crooked politicians will get their cuts somehow.
Hell yes. I said it before, where law enforcement can't, citizens eventually will. This is just theft, but more and more you're seeing violent crime robberies and car jackings committed by people that have no fear of punishment or jailtime. Citizens will do what they need to do to defend themselves.
I guess, but she's lucky he didn't fight back or knock her down. she was lucky in her choice of criminal to combat
