/biz/ - Business & Finance

>>18388750

Because YOU, the average Joe, will not see a dingle dollar. Your wages will go DOWN in real terms. The money the Reserve bank prints is used to buy financial assets. Bonds, stocks, ect, are not part of the CPI measurement hence it will not show up as inflation. This printing puts a "floor" under prices and allows the wealthy to maintain their wealth. But it comes at YOUR expense, money is now worth less and it's you who will pay higher taxes to cover the Government's debt.

The Reserve banks and Governments are terrified of hyperinflation, like Wiemar or Zimbabwe, where the money found its way into the real economy, and will do anything to stop the average citizen seeing any of that expanded economic pie.

>>18286644
>>18286691

>keynes was the devil himself who advocated printing money ad-infinitum

Found the Americans.

I doubt anyone on this board has actually read his books.

IT'S TO MAKE YOU SPEND MONEY
IT'S TO MAKE YOU SPEND MONEY
IT'S TO MAKE YOU SPEND MONEY

The media won't STFU about this nothing virus because it generates clicks and makes people hoard necessities thereby boosting weak retail figures.
Fuck this gay earth.

I have been here for a while now, (about 6 weeks) and I would like to start a petition to add a voting system to posts.


There should be a way to downvote posts that are just shilling and trying to make us buy coins that are in fact worthless.


So lets get together to show the mods that we stand behind this idea.


Press S for your suppor.

/biz/, I'll be abrupt:
I have a few grand to invest and want something low risk and relatively short-term. Also, I keep hearing buzz on the internet about a coming economic downturn in the US. What does /biz/ think?