/biz/ - Business & Finance

>>57770082
I only have this. Just use GOOG's amazing Google services that will point you in the right direction :)
>>57770165
Avoid strangling the economy. The economy experiences a small hike in rates (below the historic average) for a year and suddenly everybody is a toddler crying for its mama. This is pathetic.

its been worthless

Guys its totally the government, ignore pic related

>>57203663
>citation needed
Gut instinct, from the bowels void of any worms or parasites, therefore truthful.

The federal reserve is directly responsible for inflation. Our money was debased, the silver removed, the gold removed, even the copper was removed when they debased the penny!

>>57172164

>the current thing

>>57165037
Based
..
How many cans of deenz [expired] for a gallon of gasoline?

>>56950867
>bitcoin can certainly succeed long term
Transactioncosts.jpg

The idea is correct though.

>>56691164
Yes. Same as it ever was

>>56689254
>guaranteed capital gains are normal! no, don't look at history, that's antisemitic! it's just a crazy coincidence this divergence from historical norm started in 1913 and went parabolic in '71!
dull little wagie slavemind can't even conceive of a world beyond his plantation

>>56628029
They will always choose inflation as normie trash notices nominal theft far easier than real terms theft

>>56560794
>>56562089
>>56562789
>statist bootlickers
Median household income in 1970 was 235oz of gold.

>>56561555
Again, all money is arbitrary. BTC is volatile only because it hasn't reach full capitalization yet.

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 started in the abstraction layers.

Bitcoin is an inevitability as the systemic economic value is simply too large. Why BTC? It's the first, it's the largest, it's the most compute intensive. Why not gold? Gold failed.

>>56552198
>subvert central banking
You dumb nigger faggot, central banking IS the subversion. Who the fuck do you think CHAMPIONED central banking? Who do you think abolished the gold standard? Which part of "MEDIAN household income in 1970 was 235oz of gold" don't you understand? Wealth inequality has gone parabolic since '71 but you continue to simp for the statist oligarchs. Pathetic.

>>56419026
hope you're just pretending to be stupid

>>56346334
>oy vey! he intended to pay the money he stole back! hasn't the poor boy been punished enough?!

Median household income in 1970 was 235oz of gold. It has always and only been a monetary problem.

>>56328321
Disgusting slavemind bugman. Median household income in 1970 was 235oz of gold, the problem is the corrupt of money.

>>56071569
>but nixon took off the gold standard because the US realized there isn't enough gold bits per person.
No, he did this to take control of all the gold. Especially his jewish backers. Gold still will have value. We already were using silver. The gold standard was all a Fed arrangement.

>>56028275
Ascension of real money is the opposite of collapse, statist fool.

>>56012536
>I don't see the value in trustless money t. goynigger
You will always be a slave.

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.

Social spending acts as a supply-side subsidy for labor, a worker CAN'T sell their labor for less than subsistence, but what happens if we give them food stamps, subsided housing, Medicaid? Well now they can sell their labor for less than it costs to produce!

But wait! How were those social programs paid for? Deficit spending? 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), a HUGE and on going parasitic transfer of resources from income earners to oligarchs, THIS is the driving force of the wage/productivity divergence seen since the 60s.

Notice that this also suppresses incomes of higher paid workers by convincing them the nominal gains on house value is wealth instead of inflation, why boomer dominated fields (mechanical engineers etc) get paid so poorly, $60k seems like a lot if you bought 30 or 40 years ago, but you haven't gotten wealthy, your real terms income has just drilled through the mantle.

Even illegal immigration, seen as a driver of wage stagnation, is merely a justification for further debasement, or do you think the goblins come here for our magic clay and not our social welfare spending?

There are no political solutions, and not in the poltard "violence is the answer" as violence is of course wholly political, there are no political solutions because politics is a memetic parasite that never fixes anything. There are only technical and economic solutions, and BTC is just that, a technical fix for the political corruption of Money.