Crypto Influence on Current Prices

[ValKehl]

Originally Posted by Seven

I'm not sure how much Crypto has had an effect, but there is a ton of New Blood and returning collectors in the hobby. The government has also been furiously printing money. 40% of the current cash in circulation was printed in the last 12 months, inflation is through the roof, wages are stagnant, I'm not gonna claim the skies are falling but something's going to give, eventually. When that "eventually" is, who knows?

The CPI has increased by close to 7% in a 12 month period, it's the larges increase in 31 years. We're going to hit a wall.

James, wages have absolutely NOT been stagnant. Here's the link to one of many such reports: https://apnews.com/article/business-...eb5a1111e1df49
This said, I realize that wages have not risen as much as the very recent huge increase in the CPI.