/biz/ - Business & Finance

I'm considering buying some chainlink just so I can participate in this board's fanatical obsession over it.
It's sort of like a pay to play meme, isn't it? I might even toss some wojaks into GIMP and have me a good old time.

>>54536450
>>54536454
Not as much as you think, xmr is good because it's mined, but miners don't sell xmr directly here, they exchange for btc and then sell at local exchanges to get arbitrage advantages.

RandomX is what is giving xmr some momentum here but sadly it's way behind bitcoin, litecoin or usdt & dai adoption.

>>54536484
Wagies in gov jobs are the only ones that see their wages adjusting for infllation, the rest of wagies are struggling right now, it kind of sucks.

Freelancing data entry jobs gives better payments that junior programmer jobs so it's very hard to evolve as a professional in some areas.

>Doesn't sound like they can own much or get ahead but doesn't sound like people are starving either

Correct

>people can access crypto, so it is just one giant beurocratic cluster?

Yea crypto is unironicalyl what prevented this place of going full venezuela, it actually made commie policies good for the freelancer middle class wagies to the point inflation ended up being a subsidy for those working outside the system and getting paid by crypto.

This is why commies moderated here lately, crypto broke their bucks by making capital controls impossible for everyone not a boomer.

The Fed's balance sheet decreased by $74 billion this week, representing a total decline of $102 billion over the past two weeks.

More borrowing appears to be rotating into the BTFP.

1) Fed's discount window #fell $18.5 billion to $69.7 billion

2) Borrowing at the foreign repo facility #fell to $40 billion from $55 billion previously

3) Borrowing at the BTFP #rose $14.6 billion to $79 billion

Basically too many people are looking at the balance sheet as a way to long and short the markets.

Don't buy the decrease in the balance sheet, all the brrrrrrr has moved to the Bank Term Funding Program (BTFP) aka the "two days special financial operation"

>>54435865
>Willow project
>The project could produce up to 600 million barrels of oil
>the United States consumed an average of about 20.28 million barrels of petroleum per day

>MFW a tiny oil project that has oil for 29 days in the usa had to be personally approved by a senile commie retard.
>MFW A biz shill thinks this is bullish.

>>54407024
Just kys, CBDCs enforce capital controls and allow higher inflationary tax plus they destroy bond markets.

>>54391308
>golem.de