>wtf is causing this anyway? The jig is up. Lots of players in the market were pulling unironic ponzi schemes >let me hold your coins for you and we'll pay you 17% interest per year Not even kidding, these were the type of promises. Then it started falling, said exchanges cannot honor their commitments or even give back the coins they borrowed and the castle of cards is falling down.
The *real* reason for that is that you can no longer get infinite money from the Fed on negative interest rates, which is the same reason for the regular financial sector to be crashing too
It was not the price skyrocketing but the myriad of secondary market popping up from it. This crash will make the derivatives crash of the early 2010 to look like a blip in the chart
I stole that from twitter but you can add anything you want to it.
Landon Moore
What was that super cool car that trump owned? I think it was blue, or maybe silver.
Cooper Hughes
How much has food gone up in Portugal? Right now I buy a lot more non-perishables in bulk (did before, but nowhere near the quantity now) because I know its price will be much higher next week.
>The bill prohibits ocean carriers from refusing to carry US exports. how is this going to help inflation? >The bill also gives the Federal Maritime Commission the authority to investigate late fees charged by ocean carriers and terminals, which in turn are passed on to consumers and added to inflation. Extra fees for transporting countless products are a hidden and a large source of inflation controlled by ocean carriers. how is more regulation going to lower costs? i don't into mercantile botes so someone help me here
