RE: Daily Crypto Markets Live Blog: Meta With Poor Earnings (07/28/22) by rtonline
Viewing a response to: @rtonline/re-leomarkettalk-5dtnz9
hive-167922·@taskmaster4450le·
0.000 HBDInflation isnt something people need to worry about. Deflation is the major risk that is facing us. We already see it in Walmart. They are having to aggressive discount higher profit items as people arent buying them. Instead, they are having to spend more on necessities. If this were true inflation, due to the concept of too much currency, everything would be skyrocketing. Instead we had a supply chain shock globally with an energy crisis. As some things are worked out (like on clothing and electronics) those prices revert to the mean. We are also seeing some horrific economic numbers which means we are going to have a massive cliff that we fall off. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-rtonline-7uhsc)