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Alibaba (NYSE:BABA) shares rose almost 4%, Tuesday, following a report that the Chinese e-commerce giant is preparing to make a move that involves gaming in the metaverse.
According to the South China Morning Post, Alibaba (BABA) has registered a new company in Beijing that will test the metaverse potential for gaming software and services. The SCMP said the company, called Yuanjing Shengsheng, is wholly owned by Alibaba's (BABA) investment arm, and is being established two months after Alibaba (BABA) set up a cloud-gaming company with a similar name.
Last week, Alibaba (BABA) shares notched sizable gains after the company replaced its chief financial officer, and Macquarie Research gave the company high marks for building a "strong moat" around its business.
Alibaba's (BABA) Tuesday gains were also in contrast to losses from Weibo (NASDAQ:WB), which fell almost 4% after Chinese regulators fined the social media company for allegedly allowing the publication of illegal information on its platforms.
et against America! love from India ️️.
The fallacy of the current system is clear even for a child. The fact crypto are holding even against senseless market decisions or bans for 12 years, is a proof of resistence and programmability. The person talking about digital dollars, better than cryptos don't even understand our economy is already fully backed by digital USD
enjoyed your stimulous? this is what helicopter money creates
Dislike
I wonder whos problem this is?
Diversity and under-representation concerns with banking and minority wealth creation, CFTC and SEC common regulatory regimes, asset regulation properties and risk-gradientization vs binarization as "is security" or "is not security", spot Bitcoin ETF confusion despite futures ETF prices coming from spot prices, zk-snark-based tax ids and digital zk-based digital ids generally, FDIC insurrance on stablecoins taking into account USDC's similarities to and differences from a bank, CBDC principles, broker definition clarification and narrowing...all good stuff. Keep it up y'all! Looking forward to the next one.
Feds goals of price stability and full employment are contradictory. Expansionary monetary policy impacts asset prices more than the labor market.
NOT WITH BIDEN AS PRESIDENT OBVIOUSLY......
CRYPTO IS FOR THE PEOPLE, and CREATED BY THE PEOPLE. Change My Mind. ️
Us dollar propaganda
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated.....
Yes remove the people causing it and it will it's being done on purpose
I am a huge proponent of coinbase, mr. brooks said it very spot on on his introduction. paxos USD CEO was awesome. washington truly has no clue, but i applaud them on being proactive in trying to learn about the field.
Yes, abolish the Fed
Skip to 29:00
Thanks biden
just can't leave Tesla alone lol your life the obsessive ex
The FED will continue to increase the money supply and destroy currency purchasing power until it collapses one day. And doesnt really matter what words are coming out of their mouths, just look at the history and you will see.
7."Can inflation be stopped???" This is the kind of insane liberal logic that permeates newsrooms and seeps into the brain of low information minds. As if it is some unstoppable virus spread from a crashing meteor and not the fault of morons who keep the money printing machines on 24
How the heck is housing not in that thumbnail. Or united states debt.
Get rid of the fed go back on the gold standard stop endless bills and spending, dump the tax code and re write the entire thing so Amazon, Google and the like pay taxes on actual earnings not something made up. Most people pay more taxes by % of what they make then these big companies. Entire system is built to help the 1%.
Gas prices are not inflation related
he year 2020 when FED printed about 30% of the money supply of 2019 and now it is floating into the economy. This inflation is the price for saving of US economy in 2020 and a couple years of higher inflation is definitively better than another economic crisis. The problem for FED is that they can not solve it, because the problem is not caused by something they are doing now, but something they did a year ago.
Brian Books is a crypto badass.
YES....FIRE BIDEN.
Lmao imagine saying that inflation happens because someone asks for a raise. What about not lying for once? People are desperately asking for a raise trying to keep up with the rampant inflation that money printing creates
Great plan, don't invest your money and hope the price would go down... I'm going to buy some stocks, bit coin and Real Estate for now.
The FED will continue to increase the money supply and destroy currency purchasing power until it collapses one day. And doesnt really matter what words are coming out of their mouths, just look at the history and you will see.
Can somebody please........explain to me........why some Board Members keep conveniently waiting to "reclaim their time back" on my man Mr. Alliare when he droppin some knowledge!!?! Every time he gives a solid rebuttal to one of their concerns they wanna cut him off! I'd be sick yo, they betta let that man speak
Its time for money to exit the DXY and go into cryptocurrencies.
D All of the above
I may be over simplifying, and maybe just down right ignorant of monetary issues. However, think of inflation like this; Nixon price capped items of consumer use to control inflation. Why hasn't anyone entertained PRICE CAPS on goods and services?? Raising prices due to lack of supply to the demand only benefits manufacturers of the product. People still do without! Doesn't make sense!
Inflation is real because the pandemic slowed consumption. The BBB can stifle inflation if given the chance.
We are all screwed for years to come no matter how much you own. We are all in debt for a long time. Expect your taxes and rents to stay up ⬆️ for years while average wage struggle to keep up. Way to go Powell!!! Poor get poorer and the gap between the rich and poor to widen and poverty to get worse This will be worse than 2008.. god bless us all
Proof-of-work on notice in that brief energy discussion.
This didnt even cover shrinkflation, which is where prices stay the same, but the quantity per item goes down. If you accounted for that, the CPI, and overall inflation, are even worse.
Great gambling advice!
The Fed caused inflation and are reluctant to do anything about it now.
I suggest buy insurance from crypto
Bidenflation.
when? when tesla, bitcoin and another market will want to pop their bubble
Just another slick willie. How can you compare druga that make a drug company rich to this stuff?
If you don't own a house and stocks you are doomed.
Nice ! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Elizabeth Wesley.
The us economy is dead, these people should be ashamed of themselves for doing this to the country. They just keep printing money, more inflation is on its way.
Considering inflation is worldwide, we may be able to influence inflation but I doubt we can control.it. Nixon created inflation when he took the US dollar off the gold standard in 1971. Volcker's draconian interest rates finally tamed inflation in time for Reagan's second campaign in 1984.
Inflation is running out of control - sad to say
Disastrous energy policy is the root cause of inflation
Well all bubbles pop, it's just matter of time, people keep forgetting we don't invest in assets for sake of satisfying need for investment, we do it to make profits, and when lot of people or whale decides to book their profits then the massacre starts
Yes, get rid of all democrats and socialists
Crypto is a scam.
The hate that all the media such as , ABC and others have on testa seriously
DESTROY UNIONS, LOWER MINIMUM WAGE AND TAX THE MIDDLE CLASS MORE.
As long as both sides of the political aisle over spend wildly like they have for decades now (and then blame each other) we'll continue to swirl the drain. Politicians on BOTH SIDES have caused this crisis, but hey don't worry about them, if things collapse they'll eat well and have bunkers to hide in.
share!I can see mainstream media paintings Tesla as "3xp3ns1ve" but.....long term, 10 years: Tesla to $30k
No mention of the Federal Reserve ? (Interest rates) need to be raised from its rock bottom state to slow inflation. Fed needs to taper its easy monetary policy asap
The only wages rising, from what Im seeing , are more towards low level entry level work
Factory money job helpful thanks you go
All according to plan cit.
bitcoin
Wow, I am very excited to see this in the morning, open and honest, objective and rational, transparent and fair to discuss the development of the industry, I am in China, but I am still very moved.
Inflation forces people to spend less and use less. It's not necessarily a bad thing. It's like fever or pain, tells you that something is wrong.
Though the help of ️ I was able to add $5,000 to my bitcoin wallet for me to start business. Guys here in Australia mask have really been good to us all
2% is not low inflation
Seems like bubble will pop
KSlpgZ3DWzE Draghi about Silversqueezeyoutu.behttps:
I like cryptocurrency, because it's feature rich & secure. I hate cryptocurrency, because pf the possibility of mining.
Holy Moly Gamestop! If I had a 1,912% increase in my subscribers in less than 30 days, I'd go from 600 to 12,072!
Control fuel costs and inflation will be controlled. You pay for higher fuel prices again and again and again. It is a cost multiplier.
President's pay goes DOWN in the US. AI is a viable, looming threat and this is not a conspiracy theory. It's already doing stock trades faster than any human has a chance to.14:47 - The trades are such a field that is being neglected. 1 year and an apprenticeship can get you a $100k job. I am not kidding and have met some earning more than that annually. The day a computer is smarter than a CEO in predicting any consumer market is the day the modern CEO
I can say McHenry did his homework. He is quite knowledgeable about the topic.
No way to stop. Prepare your next destination, this train will get worse.
That's why Bitcoin value keeps rising because they're printing fiat money like crazy.
Transitory?? More like Up & Stuck
FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE FAKE
All I have to say is look at who's president now. That is the reason of inflation.
every crisis is a rearrangement of the participants, so instead of trying to control the situation the best thing is let the economy recover, the worst thing the government can do is to continue printing money
am i about to watch another 20 mins that concludes with "time will tell"?
heard dislikes were hidden and used that title just to taunt the masses
SPONSORED BY SHORTERS LOL
Not a single mention of the sudden increase in US currency that has caused the "bubble". Take this with a grain of salt. You should always be wary of investing in anything.
Stellar? wtf is STellar? Get Vitalik there to explain the metaverse.
$DEVT to the moon. Please check
A lot of people in Europe and other parts of the world are kind of tired of having everything tied to the US dollar. Because the US will print out a bunch of money to get themselves out of trouble. Normally this should only cause inflation at home, but since everything is tied to the US dollar, the rest of the world has to suffer as well. So basically, your bankers can create any type of crisis (like we saw) but no problem, the Fed is gonna bail them out. Isn't that kind of similar to what's going on in other regimes like for example China?...
bruh btcs value isnt from its utility. its a modern immutable store of value
The people you have talking about crypto cannot even spell it...come on.
The fed is creating inflation by creating more money....stop being tools.
"Need a degree" ha! If I can show I can do the job I expect that job. Not someone who needs a class to be inspired to learn the job.
F J B
80% off all democrats have BTC from the stolen money that they need to hide and store somewhere els liberal make me sick
Bitcoin right now doesnt have fundamental value. Tell that to Tesla, Square, Cathy Wood, Goldman Sachs, CitiBank, Morgan Stanley. Cant believe idiots like this get paid to be stupid.
How much did that lady pay cbnc? She doesnt seem have much expertise except mumbling meaningless words.
I mean if you consider GME and AMC's current prices compared to pre-2021 prices...I wouldn't say the bubble "burst" completely which I'd equate more to it going at similar levels or below their pre-pumped levels.
Nice ! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Elizabeth Wesley.
It is everything bubble.
10 would get fired againSuch an interesting thing to pay attention to instead of my source of income, 10
Oh Now Inflation isnt Transitory .!!!
This is actually the best time!
People aren't suddenly spending a larger percentage of their wages on new stuff. This is a lie that media and this administration are trying to use.
What a clown show
It could easily be slowed down, lets stop printing money!
It takes the 24 seconds to bring the first completely wrong statement. Valerie Wilson: Nobody likes Inflation. Somebody who has material assets for example in brick and mortar and also huge financial liabilities like a mortgage can like inflation as it is going help him to pay back the money he owes.
under-employment, it became very clear that a young man's best opportunities were in military service.I graduated high-school in 1973. I took very literally the advise given Dustin Hoffman in the movie 'The Graduate'... PLASTICS! Executive wage-and-price controls were in effect under the Nixon-Ford Administrations, then shortly after the Carter Administration very morally granted our old friend Shah Reza Pallavi a visa for treatment of terminal cancer - the OPEC embargoed oil exports to the United States, which essentially hobbled our domestic plastics industry. After two years of unemployment
Prices never go down.
More BS FUD. If you get hurt then you are stupid but you still have a right to spend your money how you want. Lumping Tesla in the headline with bubbles is another example of pure FUD by the joke financial news channel. Urge some caution over Rivian, which is a bubble. By the way Tesla could care less if Herz buys or not. Tesla sells every car they make no matter if Herz was in or out of business it wouldn't matter.
Yes! Remove the Democratic party from office....
Ahhhhh
listen if the United States does that they are idiots. I have watch one man alone on twitter and reddit show everyone how xlm is not safe that it is manipulate and can be move the way he wants it there is a he made so eveurone on pirate couod see it where he move two different tokens sround trading against xlm and droped xlm over night then build it back up the next day. He has been kicked off by every russian dev stellar has working for them they had him removed from reddit and linkedin. So we tried his method and he is right We also found the illegal exhanges that are doing this he show ot all 100% clearly and the ceo ofd stellar and all the other he emailed ignored him
When he first started speaking and straighten his eyeglasses you knew he was going in
Hyperinflation in Germany, 1914-1923 , yes the very smart and world leaders in banking couldn't make this debt-printing work either. Those who don't study history are doomed to repeat it and the US "FED" is a private company of conglomerate owners, btw its a great example of misdirection and "Sheeple" herding, again...again ...again ... The super wealthy few, feed off the workers; there are ZERO other meaningful "sides" or politics. Those fake-differences are just a smokescreen If workers simply refused (or were ashamed) to create super-luxury goods and services, the economy (the super rich) would be forced to pay more for those ridiculous luxuries and the workers would gain some control of their economy, permanently
Amazing how it becomes increasingly more difficult to effectively steer the ship as you intentionally manipulate the instruments you use to sense the environment around you. Who would have thought?
this isnt good optics for biden, should shut this down
Where is the accountability. Who is responsible for the inflation. No one cares
The Fed should buy crypto so we can build infrastructure with profits instead of debt and taxes!
No
to us traders, investing in crypto is the best and fastest way of making money, but only few understood the secret of crypto currency.
is this a hearing session or some sheeeetcoin shilling session??!!! they brought up some cryptostreet ceos junkies to explain crypto? WTH!!! this is absurd!
Citadel will pop next
Stop printing money and stop the government from spending. But the main cause of inflation is the value of the dollar. The more the government spends the value of the dollar gets smaller. Which drives up the cost of products. Stop the spending. Stop the Build Back Better bill. Bring back jobs at the oilfields, close the borders and lower taxes.
My homeboy apartment complex just increased his rent by over $400..wages are up 3% but inflation is at 6%
CLEAN, SOBER, SAFE, HONEST, HEALTHY AND PROSPEROUS CALIFORNIA RAIN IN CALIFORNIA LOVE ONE ANOTHER FREE THINKING OPTIMISM
stupid take, the oil price has dropped, it should hult it a little. we can take a page from athens, just produce too much oil
Idek why Im watching this omaon
I mean if you consider GME and AMC's current prices compared to pre-2021 prices...I wouldn't say the bubble "burst" completely which I'd equate more to it going at similar levels or below their pre-pumped levels.
Bubble or Bubbles was mentioned 31 times in this vidicle.
The bubble will pop for the ones that are being disrupted. To compare Tesla as a meme stock means you guys have no idea what you are posting. Lets save my post and check back in 10 years. Time will tell.
How can you say the bubble popped, if Game Stop is still up 1000% instead of 2000%?
Дислеймер, не финансовый совет*
Turkey is like they get to print trillions and my currency is worthless
how is it a crisis when it happens every year? XD hahahah cmon. let's not kid ourselves.
This was one of the dumbest s I've ever seen. Not once did they mention the massive amounts of money added in circulation the past year.
Great Vid!
We could have stopped it on January 6th. It's too late now.
There DEBT MASK
Investing has never been so mainstream, the money has to go somewhere right?
What about the Israeli government??
Everyone is going to have to realize that we ARE heading this way and the days of fox guarding the hen house is over. I Bet in ten years the Fed will be gone
Where is the accountability. Who is responsible for the inflation. No one cares
I once heard someone say that something that cant last forever will end
Does anyone know of any very rich economists? True experts would be among the 1% and not on government pay.
Why did do they want inflation to be above 2% when salaries are not even keeping up with that? Why are these people ruling the country?
zero chance as long as Fed is serving its masters on wall street - the Goldmans, the Morgans and the BlackRocks
Nobody goes to their employer and ask for a raise based on inflation. These economists live in dreamland. Probably 50% of Americans dont even know what inflation is because they dont even know who is the VP of the country now.
keeping them at zero. They really caused inflation combined with terrible policies by congress and sleepy creepy but what is new thereThey should have been raising rates during the end of the pandemic not lowering them
< I see BTC at $75K by end of this year but Will always let anyone know to forget predictions and start making good profit now because future valuations are all speculations and guesses.The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are tradn without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.I was able to make 30 bTC in just September from implementin tradess with tips and info from Mr Gabriel Alberto Williams>
Yes of course, what goes up comes down, but in this case not in a good way. Deflation is FED's nightmare.
An an Argentinian, let me explain Inflation to you: Gov' needs to have the money to pay all it's checks. So it prints it, but since wealth is not created by printing money it has to take it from somewhere. So, they take the wealth from the people via inflation... a non legislated tax
When the government tells you to stay calm and not panic, it is time to realize disaster is at hand.
Interesting that few commentators talk about the recent record growth in the money supply. For these folks its as if the price level is somehow independent of the quantity of money.
Skip to 29:00
When will these bubble(s) pop? any guess folks?
Raise rates and inflation is over, make money worth something!
Higher wage jobs are going to be sent over shores Your going to need a graduate degree Only a former fed crony would make that claim so lightly without providing supporting evidence or exploring in depth the damning implications of being correct.
Stop printing so much money. Done.
Houses have double in price in two years practically. Thats hyper-inflation. Plus how is housing only 31% of CPI when it accounts for more than half our paycheck.
So why is Bitcoin worh so much? Because they aren't making anymote of it unlike crooked banks and govts
If you don't own a house and stocks you are doomed.
Wow our industry is safe in these hands
Jeff why are you whispering man speak up
Simple, start raising interest rates at a slow, steady rate
Politicians are trying to figure out how to inplement unneeded regulations, taxes, and also to understand the potential for industry lobbying $$$$ support... while centralized exchanges look to leverage government to create protections, hold back competitors, and restrict DeFi. Centralized exchanges look to become even more centralized by using the government's monopoly on violence. Keep government out of decentralized finance!
My homeboy apartment complex just increased his rent by over $400..wages are up 3% but inflation is at 6%
Sounds like the conversation is becoming more positive, but man is Juan Vargas lost. The use of fiat currency far outpaces the use of digital assets to perform drug trafficking so what on earth is he talking about
I wont use this and as evidence and tell yourself that you are worried Bitcoin and Tesla will crash. Be safe in everything you do but I would call this irrational fear. The entire US government and US dollar is based of loans and debt. You give and you take. Buy Bitcoin. Buy Tesla. Take what you want. But never forget to give back. If you take. You have to give. People should be more concerned about what they are going to do with all this fast cash in order to help people other people survive. There are 8 billion people on this planet. 10% and I would suggest more are starving to their deaths. That is what we should be talking about. Repaying our debts. Giving back. I hate to burst your bubble. A bubble burst is the least of my concerns.
is wrong on Tesla. Tesla is barely getting started.
Look at media trying to scare you into selling
What corporation will the government bail out with our tax dollars?
Thanks biden
Collapse
This is soo lefty
Just in time for when millennials are finally starting to pump good amounts into their 401k thanks boomers for screwing us yet again
To the moon!!!
Hello folks, so what is the outcome? Is crypto leagalized in US?
No, they cant
gamestop wasn't a bubble, if it was a bubble, it wouldn't stabilize at still 1000% over what it was originally at after one year
If they illiminated trades if trhe xlm from any wallet to any wallet and allow us to make the price we want and made all trade on new tokens they could fi it but if they dont they will steal everyting
Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Racheal Fernandez her skills set is exceptional.
Want clout use TESLA
I think MSM calls anything not well understood a bubble. Within each sector there are likely some, but I dont think everything is a bubble imo.
FUD
The more you are resistant the more you are schooled, eloquently.
They know exactly what they're doing
USA USA USA
Why is it always legal to "pass the added cost on to the consumer"?? Should not ALWAYS b allowed!
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
too greedy to pay well, everything is just more expensive by default.One of things that people don't realize is also contributing to this is when a business refuses to post the exact salary and hourly wage for the jobs to be "competitive". That's because when people see that a lot of these businesses are broke
Yes thay can end the fed Go back to constitutional money flation is theft And we all know the CPI is a lie come come on really when they use waiting hydonics is hydonics and other adjustments is other adjustments to manipulate the numbers to the downside if we calculated the numbers like they calculated Is when they started it would be more than 10% now
Bankrupt America since January 20 2021!
Biden said that the administration is "closely monitoring" inflation. Safe to say NO, the govt cannot control inflation.
Nobody goes to their employer and ask for a raise based on inflation. These economists live in dreamland. Probably 50% of Americans dont even know what inflation is because they dont even know who is the VP of the country now.
watch?v=JkBpQG3FJwUwww..comCOME ON MAN!THE BALLAD OF SLEEPY JOE is our New that reaffirms all of JOE BIDENs weak disastrous policies! https:
Try buying back their dollar
too greedy to pay well, everything is just more expensive by default.One of things that people don't realize is also contributing to this is when a business refuses to post the exact salary and hourly wage for the jobs to be "competitive". That's because when people see that a lot of these businesses are broke
Not if the US government doesn't stop printing money
Get rid of the fed go back on the gold standard stop endless bills and spending, dump the tax code and re write the entire thing so Amazon, Google and the like pay taxes on actual earnings not something made up. Most people pay more taxes by % of what they make then these big companies. Entire system is built to help the 1%.
It's too late for Feds to save now. They should be in Jail for inside trading
Capitalism only works if debters experience real world consequences. The Fed is a socialist organisation. Abolish the Fed and return to a real price for money, and let those who take on or lend out foolish amounts of debt suffer.
Can inflation be stopped? Yes, stop money printing now.
Everyone is going to have to realize that we ARE heading this way and the days of fox guarding the hen house is over. I Bet in ten years the Fed will be gone
The us economy is dead, these people should be ashamed of themselves for doing this to the country. They just keep printing money, more inflation is on its way.
This whole "transitory" BS is ridiculous. Once the prices of cars, rents, or food go up they never go back down and when they rise faster than wages it hurts the poor and those on fixed incomes the most.
Stop pumping too much money economics 101 And let people live there life's
It won't be stopped until we get more Volcker and less Powell.
Biden forcing the media to advertise a certain, and untruthful, message is exactly a fascism dictatorship. But you all voted for tyrants, thus you get tyranny.
Pretty dishonest reporting when you state that a stock's dip is based on its high while showing a chart that shows it's value trading way higher year on year. Maybe get rid of the graph to help you seem more credible.
The Federal Reserve is destroying our country.
We dont want to stop inflation tho. Deflation is much worse then a bit extra inflation
Great plan, don't invest your money and hope the price would go down... I'm going to buy some stocks, bit coin and Real Estate for now.
Ask the 1500 new billionaires created during COVID to return the stolen currency?
The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 3.5 BTC and i have accumulated over 15 BTC in just three weeks, with the trading strategy given to me by expert trader Brice Chapman
Want clout use TESLA
Inflation cannot be stopped unless the Dollar goes back to the gold standard or some other form of backing by real value asset and capped currency supply. JFK was killed for trying to do just that.
Well I really appreciate ️ for the amazing Bitcoin flip done for me yesterday
What if the inflation is grow faster than the bubble? Can I call it "Slow-mo popping bubble?"
Is it not simply that there is just too much money floating around globally and the 'rich' don't know what to do with it. So they invest in anything that might bring some positive ROI and this drives up prices and the spiral begins. And so the rich get richer and the rest of us can pay the price in the end by ball-outs, privatizations and loosing pensions.
Look at media trying to scare you into selling
Biden said that the administration is "closely monitoring" inflation. Safe to say NO, the govt cannot control inflation.
Mr. Brooks!!! Mr. Brooks!!! Mr. Brooks!!!
Inflation is criminal
Why do Democrats always have to bring 'diversity' into the equation? They seem more obsessed with having quotas of women, ethnic minorities, LGBTs enforced in those crypto companies than having competent people, regardless of physical attributes and sexual orientations, developing and making digital assets available to everybody.
No way they can stop if they try to the economy will deflate to a point where the government will for sure go bankrupt causing famine etc , fundamentally there are 2 problems reducing demographic growth and aging population which is going to devastate the debt burdened economy into a deflationary spiral at one point but for now hyperinflation is the problem .