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/biz/ - Business & Finance

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52296507 No.52296507 [Reply] [Original]

Bitcoin is crashing but food keeps getting more expensive

>> No.52296530

What does a glorified ponzi scheme have to do with inflation?

>> No.52296735
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52296735

>>52296507
>worth $2 million in 2017
>worth $400k now
>everything twice as expensive
>housing/food twice as expensive

>> No.52296773

>>52296507

People are spending more on daily expenses and have less to gamble. It is a weird push/pull dynamic.

>> No.52296800

>>52296507
I saw a bag of beans today for $9, wtf?

>> No.52297368

>>52296507
hey at least we still have our democracy

>> No.52297409

>>52296507
>Bitcoin is crashing but food keeps getting more expensive
my stocks are pumping so hard, i'm happy anons

>> No.52297644
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52297644

>>52296507
Buying and holding pasta was the ultimate inflation hedge...

At last I truly see.

>> No.52297664
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52297664

>>52297644
>TFW my investment in Oxo Pop containers paid off

>> No.52297718
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52297718

>>52296507
You were told you will own nothing. Did you think we were joking? That this was a meme?

>> No.52298325

>>52296530
>ponzi scheme
Bitcoin isn't a ponzi scheme, Jew.
>>52296735
>Didn't tell a top.
Maybe next time sell and don't make bad trades.
>>52296773
>People are spending more on daily expenses
Bullshit, my hot water bill for the month is less than 50 bucks USD.