US federal minimum wage has de-facto been abolished, thanks to inflation.

This often gets missed because it happened slowly and as a result of inaction, but it's still worth talking about.

This is deeply depressing to look at.

But tbh it's also worth remembering that much of crypto (TOTAL3 in particular) is in short, a side effect of excess liquidity.

Same can be said for the majority of stocks too, esp lowcaps.

Our market environment has shifted to a printing meta, and it's workers who pay for it.