/biz/ - Business & Finance

>>23346062
>- deflation starts because people dont spend money during corona? Whyd than all hosuing is being bought in my country litreally every piec of gorund is being sold for $$$ high premiums
every state suspended all evictions and foreclosures during lockdown.
This takes supply off the market, while demand for shelter is at a new high.

Issuing eviction/foreclosure notices would knock over the jenga tower. And we'd measure poverty by homelessness rather than employment.
The fed is already printing money to replace this missing pieces, which is why the tower hasn't spilled over already.
They'll keep printing until the economy has recovered.

What most paleocons don't tell you is the money printer money isn't free money. It's a debt. This means marking up prices to pay off the debt.

>>23197457
He hates crypto.
https://news.bitcoin.com/trump-treasury-secretary-mnuchin-go-after-bitcoin-john-bolton/

But the weaker the dollar is, the stronger BTC becomes. The dollar absorbs liquidity from failing currencies around the world and BTC absorbs inflation from the dollar.

Despite the roar of the money printer, the economy is still deflationary. Probably the most deflationary since the great depression.

>>23085821
You don't even know what communism actually is you economically retarded magapede, stimulus checks are about as capitalism as it actually gets they're designed to -- hint -- stimulate the fucking economy which is fucking awful right now. Christ you people are fucking retarded and kiked.

>>22313519
if it was going to hold, we'd see volume follow through.
there just doesn't seem to be any demand right now.
Otherwise we'd be challenging resistance at 11k, not struggling to support 10k AGAIN.

>>22145257
>32% GDP loss
>30-50% renters facing eviction
>millions unemployed

the absolute standard of delusion