Post
Topic
Board Bitcoin Discussion
Re: All eyes On Trump As Kamal Harris Gives Up On Bitcoin Conference Attendance
by
Marvell1
on 15/08/2024, 04:10:55 UTC


The US economy is doing great, with low unemployment, low inflation, and with the stock market doing extremely well.


Under Biden, inflation in the US rose to a 40-year high, many banks failed, and we saw the collapse of major banks in 2022 as the crisis peaked. Although things are gradually stabilizing with inflation falling to 2.9%, that does not mean they are safe because their economies are at risk of entering a recession if the Fed has policies that are not suitable for the current economy. 
It can be said that under Biden, they have created countless problems from economic to military when they failed to prevent the wars between Russia and Ukraine, Israel and Gaza...causing a series of instability in the world.

As for cryptocurrencies, they pulled strings for the SEC to suppress the cryptocurrency market and create a series of lawsuits that affected the development of the market...


https://www.crfb.org/blogs/2022-inflation-hit-41-year-record