'With the immolation of crypto, the Fed's job is almost complete, but they don't seem to know it yet,' said Mad Money host Jim Cramer. cryptocurrency bitcoin $BTC
Mad Money's Jim Cramer Says Crypto Immolation Shows the Fed's Job to Tame Inflation Is Almost Complete
“one front in the war on inflation that’s been an outstanding total victory for the Fed” is the battle against financial speculation.Jim Cramer discussed crypto and the Federal Reserve’s fight against inflation on CNBC’s Mad Money show Thursday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website.
While acknowledging the Fed’s efforts against inflation, he said, “we’ve still got lots of inflation out there.” He named housing, retail, commodities, transport, wage, and financial inflation — noting that the latter is also known as speculation. The Mad Money host believes the Fed has won against all the inflation types he mentioned, except wage inflation. “I think the Fed is starting to make real progress in fighting inflation, and I salute them,” Cramer said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'Tiger King' star indicted on wildlife trafficking and money laundering chargesBhagavan 'Doc' Antle, who appeared in the 2020 docuseries 'Tiger King,' and four others have been indicted on 10 counts of wildlife trafficking and money laundering charges.
Leer más »
Calvin Harris and 21 Savage Embrace That Nouveau Riche Life on 'New Money'On “New Money,” CalvinHarris crafts yet another effortless grove with a pristine production pallet for 21savage. Listen here.
Leer más »
2 GOP congressional candidates oppose DC big spending, but took COVID-19 relief moneyFor subscribers: Arizona Republican House candidates Eli Crane and Juan Ciscomani have staked out campaign positions that Washington spends too much money. But both took money from the Paycheck Protection Program.
Leer más »
Zuck Wants Money: Facebook Faces Anger Over Decision to Charge for VR AppsTech giant Facebook is facing backlash for new charges imposed on apps created for its virtual reality headsets as developers take issue with the commercial terms set by the company.
Leer más »
Justin Thomas on LIV Golf: ‘Have the balls’ to say you’re doing this for moneyThe golf world has been divided with the introduction of the controversial Saudi-backed LIV Golf Series. Justin Thomas has made it clear which side he’s on.
Leer más »
Several North Texas school districts still have unused money for security from 2019 grantMore than two dozen North Texas school districts still have money remaining from the 2019 grant, according to the latest numbers from the Texas Education Agency.
Leer más »