Re:Coinbase valued above $100B, ahead of direct listing
by Sparkle-san on Saturday February 20, 2021 @11:58AM
(#26205649)
Yes, and it's been sitting around or below 2% for some time which economists generally consider a good level for spurring spending.
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Re:Coinbase valued above $100B, ahead of direct listing
by ric2b on Saturday February 20, 2021 @01:09PM
(#26206340)
Sure, until you want to go to college, or buy a house, or have access to healthcare or buy some stocks to save for retirement.
But if you don't want to improve your life and just want to survive until the next paycheck sure, I guess inflation is low.
Re:Coinbase valued above $100B, ahead of direct listing
by Sparkle-san on Saturday February 20, 2021 @04:31PM
(#26208177)
Given that all of those things have increased in cost at rates far beyond 2%, I don't really see how you blame that on the inflation of the USD as a whole. They have their own systemic problems attributing to their astronomical costs.
Re:Coinbase valued above $100B, ahead of direct listing
by ric2b on Wednesday February 24, 2021 @06:19PM
(#26257525)
> Given that all of those things have increased in cost at rates far beyond 2%, I don't really see how you blame that on the inflation of the USD as a whole.
My point is inflation isn't being measured in a way that actually matters to people worried about more than buying groceries and a new laptop.
If all those things were included in the measurement inflation would be way over 2%.