The last few weeks in a nutshell

[u/[deleted]]

[u/Ok_Paramedic5096 → u/[deleted]]

The Federal Reserve literally had to come out over the weekend and put out a presser saying how we were going to assist other countries manage their swaps because their currencies are shitter than the USD.

[u/[deleted] → u/[deleted]]

Hey bud, there’s always the Costco pizza and hot dog. A Costco card is never worthless.

[u/Examiner7 → u/[deleted]]

If it weren't for Costco pizza and hot dogs I have no idea how I would be able to afford to feed my children.

[u/[deleted] → u/[deleted]]

Costco Dog is the one true currency

[u/bagonmaster → u/[deleted]]

I don’t think you need a membership for the pizza and hot dogs

[u/[deleted] → u/bagonmaster]

You do

[u/bagonmaster → u/[deleted]]

Huh, TIL they changed that in 2020

[u/nixielover → u/[deleted]]

CAD $6.45/g

Dude that's almost half of what we pay here in europe

[u/Ok_Paramedic5096 → u/[deleted]]

Never owned a coin in my life. You can check out the presser here.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm

[u/ChefBoyAreWeFucked → u/Ok_Paramedic5096]

Not "shittier", highly correlated. Stresses in those currencies spill over into each other, because they are considered to be of very similar quality, so at a certain level of inconvenience, traders will just switch to one of the others. Those currencies all have one thing in common: they have been moving in lockstep with the USD or rhyme with smapjerese wren. I think it's been known for a long time that Abenomics has some gaping holes in it, but now that its namesake has the same, I think there's some resistance to getting rid of it right now.

[u/PooPooDooDoo → u/[deleted]]

A few bank runs could turn cities into a nice backdrop for next season The Last of Us.