DEUTSCHE declares warning

12 Jun 2021 06:54 #11 by homeagain
Replied by homeagain on topic DEUTSCHE declares warning
The economy has MANY factors that impact the "health" of the nation....they r all converging and the
CRYPTO currency craze is NOT helping the stability of economic picture.

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12 Jun 2021 11:04 #12 by FredHayek
Replied by FredHayek on topic DEUTSCHE declares warning

homeagain wrote: The economy has MANY factors that impact the "health" of the nation....they r all converging and the
CRYPTO currency craze is NOT helping the stability of economic picture.

In your opinion. But maybe seeing Americans investing in crypto currency will convince Congress to limit deficit spending and keep inflation low. Or would you rather see America ban crypto currency? And jail people who use it?

Thomas Sowell: There are no solutions, just trade-offs.

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13 Jun 2021 11:54 #13 by homeagain
Replied by homeagain on topic DEUTSCHE declares warning
I would rather see a cohesive plan for regulating the "risky" rise of this "new"financial folly.

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13 Jun 2021 12:11 #14 by FredHayek
Replied by FredHayek on topic DEUTSCHE declares warning
WSJ had a piece this weekend about how most Americans (those born after 81) have never seen aggressive inflation. It will be interesting to see how they react to continuing price hikes.

Thomas Sowell: There are no solutions, just trade-offs.

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14 Jun 2021 19:37 #15 by Rick
Replied by Rick on topic DEUTSCHE declares warning

FredHayek wrote: WSJ had a piece this weekend about how most Americans (those born after 81) have never seen aggressive inflation. It will be interesting to see how they react to continuing price hikes.

Good point. I think everyone here remembers the Carter disaster. The solution from the Biden administration will be to increase the min wage and then raise taxes... give you more then take it away. "Oh Rick, they won't raise taxes on the poor and middle class, only on businesses and the rich". Ah yes, but we know that those taxes always get passed down to the consumers, all of them.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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16 Jun 2021 17:07 #16 by FredHayek
Replied by FredHayek on topic DEUTSCHE declares warning
El Salvador is accepting Bitcoin as a legal currency. It will be interesting to see.

Thomas Sowell: There are no solutions, just trade-offs.

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