Oh I get a wonderful email from binance.us they want me to stake in a shit coin
I won't mention the name. but it is paying a wonderful 1.9%
meanwhile I am stacking
BTC
BTC gear
US savings I Bonds at 9.62%
That means many are just buying the I bonds
Mr V.B. killed off 20million a day in mining earnings which is not being replaced very well. This trickles across btc along with the chance to buy I bonds at a huge number.
My 10k in bonds Has been spread across June to Oct . I now will take a shot on some in Nov once rate comes out.
finance.us offers 16 shit coins for staking only 1 of them pays more than the I bonds
Every day I search Bing
"How did Putin die last night"
Seems to be the worlds only hope to end this inflationary spiral upwards and onwards.
The Russian lunatic and his war don't help but a lot of that inflationary spiral is the west's own fault (and part of the Russia problem is also).
Our interest rates were kept far too low for far too long, which is exactly why so many turned to BTC. You were punished to save money. Foolish!
Printing endless money was completely stupid. The housing market and stock exchange were seen as examples of a great economy whilst many people never earned more, and hardly kept their salaries up with the inflation THEN.
The Covid carry on was a MASSIVE overreaction. Sure, keep the vulnerable like my mid 80s neighbours safe - bring them food, whatever, but preventing me from going into an office or enjoying the cinema unless I wear a mask for 3 hours was ultra stupid. Closing down fun outdoor places in the summer was even more ridiculous.
Here in the UK people were paid to stay at home and do nothing. The demand stayed the same but the produce wasn't there in the same quantities. Then there was helicopter money in the USA.
Pathetically short sighted.
We haven't seen the end of inflation I reckon. Here in the UK it is yet to peak.
We should have moved the interest rates up with at least the same rate as the FED to prevent our currency from collapsing.
Poll
