/biz/ - Business & Finance

>>25346106
The ultimate redpill is to see pre 1971 data , since it shows it's also went parabolic post 1971 in most data.
Tough they were still acting as if somehow the gold standard existed in some ways until 2008 so things werent so fucked up.

>>25165354
>What is your take on this, on how it's going to end?

1_https://en.wikipedia.org/wiki/Crisis_of_the_Third_Century

2_https://www.youtube.com/watch?v=5YeEGcrinSM

3_https://en.wikipedia.org/wiki/Dissolution_of_the_Soviet_Union

>Will they just inflate people's networth away?

Yes big corporations keep having more capital flowing upwards while no one has capital to start a company and compete with them it's neofeudalism.
Capitalism killed feudalism and in 1971 keynsianism killed capitalism and now we are returning to feudalism which will kill keynsianism.

>I mean what is the endgoal? Stock market can not go up forever.

It can relative to a weaker fiat

https://tradingeconomics.com/venezuela/stock-market

This is what's going on , pic related.

>Will there be a day when they stop rigging the precious metals and let them catch up?

No, buy Monero and Bitcoin , the day the metals will be free will be when crypto finally breaks free and that day is coming.

>>25094394
>growing for almost 15 years below real inflation rate
>doomtard

>>25019227
>BTC has zero interest and high entry and exit fees. That's effectively a negative carry cost just like the banks

>>24814281
>They dont understand how much their power has been compromised

I agree but you are assuming the davos boomers are retards.

Year 1971
>Nixon announces china trip
>China enters un
>Taiwan expelled from un
>Gold standards ends
>Bretton woods ends
>Outsourcing starts
>World Economic Forum created

The entire fiat system is an artificial system created in 1971 to confiscate wealth via inflation, from 1971 to 2008 it's confiscation was hiden via outsourcing to china which accelerated velocity of money and reduced most products price hiding that wealth confiscation from the people.

After 2008 the wef went full globohomo scortched earth cultural war trying to rescue the ponzi even if it meaned inflating real estate to neofeudal levels.

What we have seen this year is the scortched earth cultural warfare moving to a hot war , the lockdowns are targeting business that use cash while benefiting big globohomo corps , this is why they shill ubi they destroy everyone but corporations and capital keeps flowing upwards, while they can inflate the debts muh you will own nothing is real not a propaganda bullshit.

Crypto is the last chance for the western world to survive.

>>24663200
He must be feeling like the king of the earth to be honest.

https://fred.stlouisfed.org/series/M1

https://fred.stlouisfed.org/series/BOGMBASE

https://fred.stlouisfed.org/series/M2V

>>24640550
oh fuck good find anon , this is indeed a lot of brrrrrrrrrrr.

I think it's probable they buying stonks to compensate for people cashing out.

https://fred.stlouisfed.org/graph/?g=gI4A

Bears on patrol next week

>>24543869
you dont think the government is well aware of that result and happy to import millions of cheap third world labour who consume and breed endlessly? gotta keep equity prices on the rise, after all.

>>24542493
This unironically a fiat currency problem in any way over production only happened due to fiat currency even in it's gold standard form.

Look in this way imagine a bitcoin country, the rich industrialist monopolize shit , if they don't use their wealth and bury it or burn it so to speak then everyone bitcoins in the nation becomes more worthy and gain higher buying power.

On a fiat currency this is not the case and bankers need to prevent wealth accumulation and monopolies since the rational choice for the rich is to buy other shit and inflate assets since they are aware their fiat loses value.

Now look at the over production problem on a bitcoin economy if there is over production indeed there would be mass unemployment , but this would force also people to waste their bitcoin savings which would add more supply in circulation which will automatically reduce crypto purchasing powers forcing richfags to buy shit or lose the purchasing power thus redistribute wealth from top to bottom(due to the fact that the poorest are forced to waste their savings thus diluding that bitcoin power).

On a fiat standard overproduction has the same problem described above but governments are forced to inflate to reduce that overproduction and making everyone poorer in the process.

The main problem when you look at the big picture is that fiat standards make saving worthless thus all capital is reinvested as it goes up causing overproduction in the first place.
On a pure bitcoin & gold standard , the rich would not be overproducing since they would be saving and they saving remove currency from circulation making the rest society richer in the process as the currency in the hands of the poorest members of society gain purchasing power.
Basically everything reaches an equilibrium , overproduction is basically a fiat process due to entropy reducing everything "saving" power thus forcing everyone to invest in shit to surf inflation.

>>24531585
No we are in a fiat currency bubble

>>24522760
https://en.wikipedia.org/wiki/Sixteenth_Amendment_to_the_United_States_Constitution

https://en.wikipedia.org/wiki/Pollock_v._Farmers%27_Loan_%26_Trust_Co..

https://en.wikipedia.org/wiki/Federal_Reserve_Act

>>24497760
I see gold reaching 6000

>>24475289
Yes the acceleration of the crash of fiat currencies is getting faster.
All have been losing "sats" relative to real estate since 1971 but this last year was insane and with a collapsing velocity of money.

When money velocity returns we will see very high inflation next year , tough the boomers will keep lying saying there is deflation to justify low interest rate and keep confiscating wealth with inflation while evaporating their debts , the pieces of shit.
They also will put capital taxes because there is too many milennials surfing inflation with stonks now that they woke up to the fact they won't ever own shit saving in cash.

>>24411533
You are either too retarded or too innocent to think the keynsians will adopt ripple or even keynes bancor.
The current system allows them to confiscate wealth through inflation any crypto that cucks to them as a kosher crypto with kyc and such will be destroyed and so will paypal & credit cards and other companies that have been central banks whores.
As soon as they have cbdcs even private banks will be destroyed and turn into the central banks and the keynsians whores.

BITCOIN & ETHEREUM & MONERO

OR FEUDALISM

JOIN OR DIE

>>24407670
Gold is totally cucked by the keynsians institutions , chart gold here.

It basically flatlined during the greatest monetary expansion in history, they have been creating paper supply non stop to cuck gold investors and since they don't allow gold movement internationally or usage for payments they are able to win against the street price doing this shit.

Can't do the same against bitcoin , you get the idea , not your key not your coins.
I would bet that if they ban exchanges from sending to non custodial wallets crypto price would moon 1000% as the supply in p2p exchanges goes to the shitter and the street price ends up gaining against the exchange one.

>>24372772
Because this

>>24372736
>>24372736
>>24372736
>>24372736
>>24372736
PRAY THAT BITCOIN SURVIVE THE NEXT 5 YEARS OR PREPARE TO BE A GOOD SERF

>>24351470
SHUT THE FUCK UP KEYNSIAN ALL YOU CAN DO IS LOWER INTEREST RATES AND CHANGE INFLATION INDEXES BY REMOVING SHIT TO HIDE INFLATION.

WITH 10% YEARLY ASSET INFLATION WE HAVE BEEN IN A MULTI DECADE RECESSION SINCE 2001

AND NOW THAT YOU CAN'T LOWER INTEREST RATES ANYMORE YOU WANT TO ABOLISH CURRENCY AND RESTORE FEUDALISM WITH UBI

GO FUCK YOURSELF , SURE MUST BE HARD BEING SUCH A FUCKING RETARD.
SOCIETY EXISTED MILENIAS WITHOUT INTEREST RATE MANIPULATION BUT NO ACCORDING TO KEYNSIAN CLASS TRAITORS RETARDS YOU NEED ALWAYS LOWER INTEREST RATES FOR THE ECONOMIES TO WORK SO LET'S GO BACK TO FEUDALISM SO WE ARE FORCED TO SPEND WHAT THE LOCAL LORD ALLOW US PER MONTH WITHOUT ANY SAVING.

GET FUCKED KEYNSIAN

>>24349415
Correct

>>24282566
I DON'T CONSENT TO STEVE TERNER MNUCHIN REDUCING MY FREEDOMS, WALLETS WITH KYC ARE AN ABUSE OF MY NATURAL RIGHTS SINCE I AM NO ONE CLIENT WHILE USING MY OWN WALLET WHICH MEANS ENFORCING KYC WALLETS IS AN ABUSE OF NATURAL LAW THUS ALL KARMIC LAW SHOULD FALL TO THE ONE ENFORCING THIS.

NOT FUCKING SELLING
NOT NOW
NOT AT 20K
NOT AT 50K
NOT AT 100K
NOT AT 300K
NOT AT 500K
AND NOT ON
1 MILLION USD

I AM NEVER FUCKING SELLING MY BITIES UNTIL WE ARE THE STANDARD

FUCK BOOMERS
FUCK KEYNES
FUCK AUGUST 15 1971
PIC RELATED WILL BE REVERTED

WE WILL TAKE THE FUTURE THEY STOLE TO US

KEYNSIANS YOU THINK I HAVE FEAR?

THE ONLY FEAR I HAVE IS THE CASHLESS NEOFEUDAL SOCIETY YOU ARE PLANNING I WILL NEVER SELL MY BITTIES I WOULD RATHER DIE THAN LIVE AS YOUR SLAVE.

NOT FUCKING SELLING ON SATOSHI.

>>24242308
Ok i see not many people get this but let me explain how bad things truly are.

Ever since the reinaissance nations used gold was the reserve currency in one way or another(the romans also used gold and all other civilizations in fact one of the reasons the byzantine empire survived was because they were forced to adopt gold as a currency since hordes arriving at constantinople were better deal with by bribing them than fighting them and the barbarians demanded gold as payment so they adopted gold as a currency once again).

Ok i see not many people get this but let me explain how bad things truly are.

Ever since the reinaissance nations used gold was the reserve currency in one way or another(the romans also used gold and all other civilizations in fact one of the reasons the byzantine empire survived was because they were forced to adopt gold as a currency since hordes arriving at constantinople were better deal with by bribing them than fighting them and the barbarians demanded gold as payment so they adopted gold as a currency once again).

The western roman empire went on hyperinflation and was never able to regain it's stability.

https://www.youtube.com/watch?v=5YeEGcrinSM

>>24241025
https://www.youtube.com/watch?v=5YeEGcrinSM

>>24233478
if you only knew how bad things truly are

>>24202421
nah wait until we see headlines about problems with vaccines and people remember to look at case numbers again. it'll correct again. there's no reason the market should be this high even if interest rates are zero. GDP output is abysmal.