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  • No.22⚡️No pandy, still rising inflation? 🐻 Millenies vs. Z's 🧚‍♀️, GG gets Gucci 🎮

No.22⚡️No pandy, still rising inflation? 🐻 Millenies vs. Z's 🧚‍♀️, GG gets Gucci 🎮

Hi bb! No pandy, still rising inflation 🐻 breaking down the economy using Millennial 🧑‍💻 vs. Gen Z 🧚‍♀️ perspectives. GG gets Gucci with an Xbox collab making gaming gets bougie. 🎮

In other news…NYU Girls' Devin goes mad with DAOting 🌹 after announcing web 3's dating show “Mad Realities”, Musk and Bernie roasts 🔥, Cheres gets a newsletter refresh 💦 and pop culture be poppin'.

If you left your apartment last year and were ready to spend $6 on a coffee (yes, that's what it cost in NYC and LA so you can keep your judgements to yourself 🙆‍♂️), chances are it's going up to $7 or $8. As Knoema's recent study shows: "The price for New York traded Arabica beans increased to an average $2.03 per pound in August 2021 — a 66% increase since the end of 2020."

We're not even talking about premium milks - dairy and non-dairy. Besides how depressing or silly this all sounds, inflation is out of control. President Biden’s advisers blame it on the pandemic 😷, not policy. The reality is U.S. consumer prices are at all time highs thanks to hikes in gasoline and cost of goods. While Republicans are quick to throw shade, the Biden administration reminds that they took office after Trump’s eviction party stating the economy was already on fire. [Paraphrasing here]. Despite inflation, a broken labour market, and slipping consumer confidence, the stock market is like a Millennial on any given day…pretending everything's OK. 😳😬 TLDR: The money printer's going brr 💸 no one knows what the Fed plans to do about interest rates, stonks are singing Cardi's “Up”, and bonds are grinding to Jay Sean “Down”. Ouff, now that last one was a throwback. We're wondering if Gen Z 🧚‍♀️ should preach authenticity, but for now…Olivia's "Good for you, I hope you're happy and healthy", is what we're sleeping to.

The U.S. isn’t the only country dealing with inflation after the COVID-19 pandemic. 💰 As economies reopen, oil prices have gone up x4, and supply chains aren't the most efficient. Biden’s got bills, and the administration says that his infrastructure and Build Back Better bills will help with the inflation problem. 🏗️ Did anyone read “Build a Bear bills"? 🐻 The bill still needs to be voted on this week, and Democrat party beef could kill it dead. 💀 That’s bad news for Biden, who’s already losing popularity because everything costs more and people aren’t getting enough raises. 😢 The Biden administration insists that progress against the pandemic will help fix the economy and inflation, in which case prices should go back to normal in the second half of next year.

Quick News Bites

Gaming gets bougie

Celebrating their 20th anniversary, Xbox teams up with luxe fashion house Gucci to launch a co-branded console, controller, and carrying case. Lush gaming? No joke. 🎮 With only 100 Series X consoles in this ultra limited edition, the extra style points come at $10k a pop. Take your fave newsletter team out if you're buying NFTs and GG consoles in this economy! Danggg…Like all great love stories, this collab started on Twitter with Xbox tweeting “Saying ‘GG’ at the end of every game will never go out of fashion.” Gucci’s double-G monogram and the gamer “good game” signoff are a match made in marketing heaven, so now Gucci and Xbox are fam 👯 and set up to make a quick milli. 💰The release drops November 17th on the Gucci website and select Gucci stores.

Musk and Sanders 1v1 on Twitter 🥊

Elon and U.S. senator Bernie Sanders throwdown on Twitter after Bernie demands the rich pay their “fair share” of taxes. 🤑 Musk, who already sold a combined $6.9 billion worth of shares as of November 12th, throws an ok-boomer 👴 with "I keep forgetting that you're still alive” and continues by asking “Want me to sell more stock, Bernie? Just say the word." 💸 Sander’s twitter rant overlaps the Washington hype to hike taxes for the super rich. U.S. Senate Democrats are proposing to tax billionaire’s stocks and tradable assets to help finance the Biden bucks and close loopholes that allowed them to defer capital gains. 💵 Musk is ahead of the game, having already sold 10% of his shares after Twitter voted on it.

Cheres gets a newsletter refresh

After one of y'all called us out on our brand, we took it to heart. So much so that we're telling haters can hate, fashion (and money cough) comes and goes but Cheres' style is forever. Anyway, I can play corporate feedback games. Thx to @Justme.rod ❤️ I rose from the ashes and am blessing the world with new found confidence. Check out the new Editorial page so you never miss a beat.

Meet Mad Realities, the first interactive dating show, powered by crypto. We believe that a show of such ridiculous nature is nothing without a strong community behind it. That's why we are kicking of Season Zero with a Mirror Crowdfund. Join us. It's going to be mad.Devin Lewtan from the famous Clubhouse “NYU Girls Roasting Tech Guys” is on to big things. Show her some love and get DAOting.

What's Poppin'

What's poppin' in pop culture 🍿

Hold up…what am I reading, who are you, and what have you done to my investing knowledge? You're blowing my mind.

BB, chill…I know you want me but get in line.

Cheres is where you can see your friends' trades, prompting the ‘why did you invest’ versus the ‘what are you investing in’ question.

📣 Say goodbye to public threads. Remember that only your small friend group (~5-10 ppl) will see your shares, but not the $ value or volume of shares.