/biz/ - Business & Finance

>>29183344
this time it's different.
>>29183462
that comes after the pandemic.

hyperbitcoinization

>>24368129
there is a lot to be worried about.
>the economy has been on lockdown for 9 months and likely another 6-9 more to come.
>about half the renters in the country are going to get evicted once the moratorium is lifted.
>excessive money printing (debt) is the only thing keeping essential industries like air travel alive.
>we lost 1/3 of our gdp.
>the recovery is already baked into markets.
on the "bright side" the monetary supply has been expanded with nowhere else to go but to hedge against inflation.

>>22953250
money printer make number go up

>>22871432
there's never been a K shaped recovery before.
all bets are off.

How likely is k-shaped recovery?

>>22494125
poverty is rising with the stonk market.
there are riots in every corner of the globe.
secret police are snatching people off the street in every corner of the globe.
the planet is burning and melting.
we're all gonna /make it/

>>22418970
despite what the neckbeards keep preaching, the fed isn't giving away this money for free.
the money being printed is debt.
they're lending money to small businesses that can't generate any fucking revenue.
they don't owe gold or bitcoin or chainlink.
they owe fucking dollars.
the millions facing eviction or foreclosure don't owe gold or bitcoin or chainlink.
they owe fucking dollars.

I DRINK YOUR MILKSHAKE! I DRINK IT ALL UP!

>>22398958
For anybody that doesn't know what the K shaped recovery is, it's the stock market soaring to all time highs while a 3rd of the country is looking at evictions and foreclosures.

That's because our leadership only knows how to manage the economy by giving rich people money, hoping that they're greedy enough to exploit the cheap labor. Usually that actually works (like it or not), but not when you need workers to stay home.

Since there's a lot of money to invest, but labor has been taken off the table, it can only generate asset bubbles.

But make no mistake about it DEFLATION is coming, with the evictions and forclosures. The dollar will absorb liquidity from global markets and will print and print and print until things are back to normal, after that inflation will accelerate until btc is the top trading pair in the stonk market.

>>22395863
ngl, I'm still hodling rocks, but I think the dollar is going to drain the liquidity from global markets, no matter how hard the fed tries to inflate it.
Only once the bottom half of the economy shows signs of recovery will the inflation start to kick into overdrive.

TLDR: I DRINK YOUR MILKSHAKE!

>>22189392
nah.
the stonk market is correcting and the dollar is confirming support.
dji filled it's covid gap.
the QQQ hit overhead resistance.
defi was the dumbest "financial experiment" I've ever seen.
mune bois started dissing on bitcoin.
bithumb was just a little fuel on the fire.
not to mention how absurd this whole k-shaped recovery is on its face.

really the perfect storm of retarded economics.

>>22159496
inflation on top and deflation on bottom.

>>22149992
rich dad gets richer and poor dad is homeless.