/biz/ - Business & Finance

>>20536570
If you're a businessman whose business is primarily drugs, guns, and bodies, then it behooves you to keep things off detailed digital ledgers, even in Mexico, but most certainly in Canada. So you use something historically valuable, rare, valued internationally, with no book presence after it leaves a dealer (and if you can get it refined directly, not even that). Everyone talks about block chain like its a privacy silver bullet, but the fact is that cash/PM transactions will always be preferred by criminals smart enough to know the risks. This makes the criminal element legit early adopters.

>>19756362
The Federal Reserve is now buying individual corporate bonds. This means that they print money into existence, immediately turn around, and buy up all the toxic, unpayable debt being held by shuffling corpses of companies. The stated reason is that it adds liquidity to the market since no one wants to loan money right now. The actual reason is that no big business will ever be allowed to fail now. No matter how shitty a company they run, they will be given cash infusions, and this directly results in a tax on Americans by inflating the currency.

Expect the stock market to pump from this, simply because money has no where else to go. You can't invest in bonds (yields being suppressed by the Fed buying bonds to keep you out), big money has been flooding into a housing bubble for years making the median home 8x the median salary, investment in a business is suicide right now and no one would give you a loan anyway. Also, this new plan has the secondary effect of suppressing corporate bond rates and keeping money in the market, because the Fed can now directly lend to companies at preferential rates compared to everyone else. The only sector not overvalued is commodities, including precious metal. Should yields get too high, money will flood out of stocks and real estate, and then inflation is on for real.

'The desert encroaches from all sides. Woe to him whose desert is within'

>>19745229
Considering that at this point there is little to no practical divide between the US government, American banking institutions, and the Federal Reserve Bank, we need to be a bit more open to conspiracies since we now live in a really shitty one. The longer I look at what the Fed is (and was) doing, what the government is doing, and what the banks are doing, the more I think our reaction to Corona started as a legitimate public health concern about God only knows what escaping a Chinese biolab, but has become a convenient scapegoat to do a controlled demolition of the economy in order to set up a new monetary system.

Volcker gets a lot of shit because his Fed policy led to the recession in the 1970s, but this was ultimately a necessary die-back that set the stage for the boom years of the 1980s. But when this happened, the debt/citizen ratio wasn't anywhere near this bad. I'm getting increasingly convinced that a several stage plan must exist to crash the economy and finally hyperinflate the USD, but in a way that allows them to secure the most assets, and the biggest advantage going into the new monetary system. QE that goes into stocks and real estate early gives your bank and hedge partners a solid lock in those areas. Low real commodities pricing gives them a place to spend all that money they're going to have on cash out. Once they cash out, years of QE money floods out into the wider economy, inflation takes off and destroys the USD, which is fine because doing so wipes out the dumpster fire monetary problems you leave behind by doing this, and because you already had an off ramp in place, ready to announce the same week American threatens to go full Zimbabwe. Enter PMcoin, your new savior. Normies don't even know who fucked them.

At every step, value is extracted from them, and handed upwards, until finally they just up and sacrifice the cash and market savings of the country on an altar while chanting, so they can start the game over again.

>>19501406
TACTICAL REDPILLS INCOMING AT 28 MIKE MARK