/biz/ - Business & Finance

>>56768777
No, a ponzi collapses because IT'S PAYING OUT OLD MONEY and when Money In < Money Out it can no longer pay out and crashes, fiat CREATES money, it can never run out, the value simply approaches zero in-the-limit
>and none will bat an eye
Median household income in 1970 was 235oz of gold. 85% lose in earnings and you haven't batted an eye yet. As long as you the wagie debtslave continues to take it up the ass, no, nothing will collapse

>>56646141
Charts before fiat are meaningless under fiat, the easiest way to kick the can is continued debasement, so that's what will happen. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but just look at OP and the other faggots itt, normie trash will continue taking it up the ass

>What’s the point of participating anymore?
There is none. Stop participating. The only way out is through, it won't get better until it gets much much worse. Never forget what they've taken from you. The median household income in 1970 was $8700 (235oz of gold), the median household income was $450k in 2023 dollars!

>>56091290
Expect they don't. That's the 'beauty' of fiat, debasement is just dilution, everyone cries about "the debt" as though the bad thing happens in the future "It's a ponzi!" like it's going to blow up, but it's not a ponzi, a ponzi pays out old money, fiat counterfeits money, "the bad thing" already happened, they've already stolen your money and spent it, shit doesn't start getting lit unless the goynigger stops taking it in the ass, but here we are, the workers show no signs of revolt, as long as they have their blue cat people fucking whales in IMAX they will continue to slave.

Do I buy a Bitcoin or a Rolex right now

https://watchcharts.com/watches/brand_index/rolex

>>55838322
Fiat grift requires continued and ongoing debasement to function, Jay the Faggot will do a Volcker, and by that of course I mean manipulate inflation and money stock statistics to paint a rosier picture than reality, actual inflation has been 5-10% per annum since the '80s, as evidentiary by the price of everything from hamburgers to houses. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers have shown time and time again that as long as they have their goyslop and their blue cat people fucking whales in IMAX they'll happily continue to take it up the ass. Never forget what debasement is: a parasitic transfer of resources from income earners to oligarchs via asset inflation.

Notice that high FFR is INFLATIONARY under fiat, as interest is paid with debt, which is paid with more debt. "Higher for Longer" guarantees further debasement.

>>55757154
>Paying over market rate isn't working
Wow, a buck over min wage? You aren't paying enough to attract quality workers, blue collar professions were making $15-$20/hr in 2000, that's $70-$90/hr in 2023 dollars. You want leverage over your workers, you need to pay enough that actually have leverage.

>>55737084
>imagine the QE coming due to the credit downgrades
Credit downgrade is one of only two ways that really check the oligarchy's ability to recklessly debase, QE in response to a downgrade would guarantee more downgrades.

>>55685240
lol lmao. The Fed's job is to pump the oligarchs bags you dumb little statist
---m2
1970: $0.5T
1980: $1.5T
2000: $4.5T
2020: $15T
2023 $20.8T

---mspus (median sales price of US houses sold)
1970: $24k
1980: $64k
2000: $165k
2020: $329k
2023: $436k

r2: 0.98 (!!!!!!)

The fiat grift requires continued and ongoing debasement to function, Jay the Faggot will do a Volcker, and by that of course I mean manipulate inflation and money stock statistics to paint a rosier picture than reality, actual inflation has been 5-10% per annum since the '80s, as evidentiary by the price of everything from hamburgers to houses. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers have shown time and time again that as long as they have their goyslop and their blue cat people fucking whales in IMAX they'll happily continue to take it up the ass. Never forget what debasement is: a parasitic transfer of resources from income earners to oligarchs via asset inflation

>>55639479
>muh pandemic
Dull little statist, QEi & CARES act were not in response to lockdowns, lockdowns were in response to QEi & CARES act.
>>55638574
Fiat grift requires continued and ongoing debasement to function, Jay the Faggot will do a Volcker, and by that of course I mean manipulate inflation and money stock statistics to paint a rosier picture than reality, actual inflation has been 5-10% per annum since the '80, as evidentiary by the price of everything from hamburgers to houses. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers have shown time and time again that as long as they have their goyslop and their blue cat people fucking whales in IMAX they'll happily continue to take it up the ass. Never forget what debasement is: a parasitic transfer of resources from income earners to oligarchs via asset inflation.

>>55598712
>inline with inflation
Kek

-m2-
1970: $0.5T
1980: $1.5T
2000: $4.5T
2020: $15T
2023 $20.8T

You'll be lucky if there's not 50T USD shitcoins by 2030. How many strikes/near-strikes have happened? Now how many resulted in clawing back even real terms 2019 TC? The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers are taking it up the ass. Short the Shitcoin, they will never stop debasing

>>55567532
>money contraction.
-m2-
1980: $1.5T
2000: $4.5T
2020: $15T
2023 $20.8T

Note that m2 does not even fully capture the true extent of debasement, e.g. "large-denomination" time deposits (>$100k) simply aren't tracked anymore! MZM, a broad measure of money that captures large near money deposits was discontinued in early 2021! Convenient, if you're a cabal of cannibal pedophile statist parasites.

>b-but they'll have to show fiscal/monetary restraint sometime!
Lol. Lmao even. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers have shown time and time again that as long as they have their goyslop and their blue cat people fucking whales in IMAX they'll happily continue to take it up the ass.

Short the Shitcoin.

>>55547721
Expansion of money supply is simple dilution, the entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate (parasitic transfer of resources from income earners to oligarchs).
-m2-
1980: $1.5T
2000: $4.5T
2020: $15T
2023 $20.8T

Wage/productivity divergence seen since the 60s is a product of this debasement.

Note that m2 does not even fully capture the true extent of debasement, e.g. "large-denomination" time deposits (>$100k) simply aren't tracked anymore! MZM, another broad measure of money that captures large near-money deposits was discontinued in early 2021! Convenient, if you're a cabal of cannibal pedophile statist parasites.

>b-but they'll have to show fiscal/monetary restraint sometime!
Lol. Lmao even. The only thing that would stay the oligarchy's hand away from further debasement is a mass secessio plebis, but workers have shown time and time again that as long as they have their goyslop and their blue cat people fucking whales in IMAX they'll happily continue to take it up the ass.

Short the Shitcoin.

>>55460410
>economic system
No. Such. Thing.

Do you think scheming capitalists snuck into the USSR and setup a shadow Economic System to run the USSR's black market? Politics is memeshit. Economy is an emergent property of people. Economy already killed communism, and it's fatally wounded State even WITHOUT Money™, imagine what the future holds! Take your head out of your ass and start thinking 5th dimensionally. Why didn't we fix money in the past? Because the Fix had yet to be invented!

>>55432717
You will always be a slave as long as you wear their chain of fiat around your neck.

1) Hard money forces positive sum activity as everything has to balance.
2) Hard money fell out of favor for transactional not economic reasons during the industrial revolution.
3) Politics always favors soft money because it enables easy and opaque theft.

BTC solves money, it is technical fix for a political problem, it is transactionally easy hard money, and unlike physical hard money, abstraction layers can ALSO be trustless and uncorruptible, preventing the problems seen in "backed" soft money where the manipulation happens in the abstraction layers.

You can't sell corn for less than it costs to produce, unless you pay people to grow corn. This is a supply-side subsidy, as opposed to a demand-side subsidy, i. e. paying people to buy a given thing. Social spending acts as a supply-side subsidy for labor, if a worker needs $1k/m to exist they CAN'T sell their labor for less than $1k/m, but what happens if we give them food stamps, subsided housing, Medicare etc etc etc? Well now they can sell their labor for less than it costs to produce! Oligarchs benefit, no one else, certainly not the workers.

But wait! How were those social programs paid for? Deficit spending? You mean counterfeit money? Exactly. Deficit spending is an expansion of the money supply (simple dilution), it robs ALL income earners and gives to asset holders (as an increase in money supply will naturally inflate assets) THIS is the cause of the wage/productivity divergence seen since the 60s!

The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate (parasitic transfer of resources from income earners to oligarchs). PoW crypto allows workers to opt out of the fiat grift, BTC will pump because statist fucking shits will never stop debasing.

>>55391075
Monetary not economic problem.

Remember that MOST of the public debt is from social spending, and that social spending acts as a supply-side labor supply, suppressing the market rate of labor (labor in the broadest sense, "wages and salaries") by reducing the cost of substance (driving down wages and salaries well up the chain). Look at the 10,000 years of lockstep wage/productivity growth before fake money. "Gee gosh wilikers it's a mystery why wages have diverged from productivity!" He says while while pumping trillions of counterfeit dollars into supply side labor subsidizes. Fuck you.

>>55377100
DCA into BTC. The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate. PoW crypto allows workers to opt out of the fiat grift, Bitcoin will pump because statist fucking shits will never stop debasing.