How Does Bitcoin Mining Work?

Started by OZER, Dec 12, 2021, 04:41 PM

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Yes stop governments printing trillions

"nobody likes inflation" is a silly statement because without it you could actually be paid LESS. If we enter deflation which I expect to happen the second half of this decade people will be getting paid less because businesses make less.  Yes, things cost more and you have to budget for it. But let's not pretend inflation is that simple, because when moderated inflation is great.

It's too late for Feds to save now. They should be in Jail for inside trading

A recession is when your neighbor loses his job. A depression is when tounlose your job. A recovery is when dr Fauci loses his job.

Huh.  This is the one problem that can't be resolved right away.   It will take years and no legislation will be able to fix it

transitory means it wouldn't stay 3% it will move to 5% then to 8%.  This is HOW the Fed talks. Just look at how subprime develops...they were watching it all happen with their eyes closed.

That seemed more like commitee R&D for their own CBDC.

These regulators don't stand for Americans they refuse to

Sure raise the interest rate to 20%

Why even have Feds.  They are clueless...

Sherman is a vampire!!! A globalist gnome!!!

Mr. Brooks!!! Mr. Brooks!!! Mr. Brooks!!!

Not if Biden keeps making policies that increase it. For example, now truckers can't bring in goods from Canada unless they've been vaccinated, and that means 20% of truckers that normally would deliver cannot. So that's going to increase the cost of goods. And Biden and his team are either too stupid to understand this, or they understand it completely and want inflation. That way when the economy fails they can take it over completely and blame capitalism.

 world  Governmental debt and out of control money printingThis article is flawed inflation is caused in a large part by excessive money printing. They did not even mention this among the causes that have led to this wave of inflation. In fact there are multiple causes of inflation that are all made worse by the national

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.