US Inflation rate up

[Deleted Member 112605]

Actually, his latest crypto tweets barely moved prices by 5%. People stopped caring for his tweets. They worked the first time, but now the market seems to ignore them.

Not really, His days and the affect of his tweets on crypto markets seems to be dull with time

He hasn't tweeted "bitcoin is dead" yet though.

 

[Razentyler]

He hasn't tweeted "bitcoin is dead" yet though.

We will see, Infact his tweets about useless meme coins have been dull these days, Tweets about coins with real utility and usecase is out of his league.

 

[R4v3nbl4ck]

He hasn't tweeted "bitcoin is dead" yet though.

He, Tesla and SpaceX hold Bitcoin. Why would he tweet something like that? He is big a Bitcoin supporter. He just doesn't like the energy consumption.

 

[Deleted Member 112605]

He, Tesla and SpaceX hold Bitcoin. Why would he tweet something like that? He is big a Bitcoin supporter. He just doesn't like the energy consumption.

But what if he does.

He becomes the boogeyman.

Like I said, if he wanted to sabatoge all of crypto, he seems like he could.


Elon Musk is the crypto boogeyman.

(guys stop telling me I'm wrong I couldn't care less either way. I just like saying the sky is falling whenever crypto drops 5%)

 

[Roger Marquez]

hello Inflation my old friend
its up by 6.8%

The inflation will got worse. Look at the argentina ,turkey ,venezuela. Is seem like more and more country suffer from high inflation. GET PREPARED

I am sorry but when you´re talking about inflation rates Venezuela (my native country) it´s on a league on its own.

I can´t stop laughing at you guys comparing countries where the inflation rate it´s a single-digit or even a two-digit number.

Here, we have spent the last few years with an inflation rate above 2,000%+!

In fact, we have gone over three (3) monetary reconversions where the government just removes zeros from our national currency to make transactions easier.

In 13 years the Venezuelan Government (First Chavez and then Maduro twice), has removed 14 zeros from our national currency but it's really a mask so they can hide from the world what´s really going on here.

For example, $1 = Bs.4.68 in the current official exchange rate but, in reality, it´s more like $1 = 4.680.000.000.000.000!!

THAT´S one of the consequences of a hyper-inflated economy!

Everything is dollarized and it has to because you as a small business owner, might be forced to update the prices literally on a daily basis.

 

[Ushabti666]

I am sorry but when you´re talking about inflation rates Venezuela (my native country) it´s on a league on its own.

I can´t stop laughing at you guys comparing countries where the inflation rate it´s a single-digit or even a two-digit number.

Here, we have spent the last few years with an inflation rate above 2,000%+!

In fact, we have gone over three (3) monetary reconversions where the government just removes zeros from our national currency to make transactions easier.

In 13 years the Venezuelan Government (First Chavez and then Maduro twice), has removed 14 zeros from our national currency but it's really a mask so they can hide from the world what´s really going on here.

For example, $1 = Bs.4.68 in the current official exchange rate but, in reality, it´s more like $1 = 4.680.000.000.000.000!!

THAT´S one of the consequences of a hyper-inflated economy!

Everything is dollarized and it has to because you as a small business owner, might be forced to update the prices literally on a daily basis.

TRUTH. Period.

The FED and ECB try to keep their failing (on illusions based) system at a status quo in such a way that it becomes ridiculous.
Thank God 98% of people do not realize what is happening behind the scenes as otherwise tomorrow we would get a global bank run.