The core issue is energy prices / all the unproductive money they have printed lately. Higher energy prices are what's driving the inflation higher.
So to kill demand they are jacking up rates, but really they also need to be working on increasing supply.
Recession is also pretty broad term right now the economy if anything is over heating there is to much pent up demand. So, I find it unlikely it's going to flip into a full depression. It might slow but it can still remain strong.
If anything I can see the market bottoming out in a few weeks and then everyone will wake up and realise we still need all these materials to produce things.
Produce more things and it'll make our GDP stronger.
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3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.35M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $17.05K | 517.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 47272 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 289495 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32121 | 0.033 |
3 | 630677 | 0.032 |
4 | 333300 | 0.030 |
4 | 540248 | 0.029 |
3 | 732061 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 289495 | 2 |
0.037 | 430829 | 2 |
0.038 | 421845 | 2 |
0.039 | 441000 | 2 |
0.040 | 451062 | 2 |
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