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/biz/ - Business & Finance

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52339476 No.52339476 [Reply] [Original]

after all this time, gensler and powell were the good guys. sbf and other crypto cronies are being exposed one by one.

>> No.52339531

go back to/pol/, poor

>> No.52339797

>>52339476
>creates the bubble
>pops the bubble
>good guys

>> No.52339902

>>52339797
if anything interest rates were too high for the past decade since inflation was under 2% consistently. he acted too slow in raising rates when inflation started to pick up but the signals were mixed since supply was genuinely constrained. but now after he acted forcefully everything is resetting and we're back to cheap money. secular stagnation isnt going away!

in short, gensler and powell know what's good for you.

>> No.52339983
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52339983

>>52339902
>inflation was under 2% consistently
are you even trying?

>> No.52340575

>>52339476
there aren't good guys, dipshit
that's what bitcoin is for

>> No.52340617
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52340617

>>52339797
spbp

>>52339476
sbf, celsius and most degens that went down this year were against layer 1 solutions and wanted to gatekeep coins instead of letting users operate in cold wallets.

FTX did let that but also shilled for regulations.

>> No.52340651

Gensler really has a point with his thesis that everything besides BTC is a security. Come the fuck on and be honest to yourselves, we're only buying shit because we expect them to raise in price. Not only that, the vast majority of these coins pump (or dump) according to the actions of the issuer, just like OG securities.

>> No.52341857

>>52339476
>sbf is the bad guy
His last name is Bankman-Fried. No shit he's the bad guy

>> No.52342164

>>52339983
inflation spent most of the 2010s under 2% despite being in the wake of a financial crisis. that points to tight monetary policy.

>> No.52342214

>>52342164
>inflation spent most of the 2010s under 2%
yes, that's why housing went up 100% and stocks went up 200%. because inflation was 2%. makes sense.

>> No.52342281

>>52342214
>Stocks went up 3x but he is still complaining about being poor
Wtf were you doing the entire time? Did you fall for the communism meme? You should have invested your money. If you didn't then you're forced to wait another decade. Sorry bud. Learn how to invest