/biz/ - Business & Finance

Get yourself comfy we have 12 more days until MOASS starts.

T-12

>>52748293
>>but how can they just leverage the dollar infinity amount of times
>Because financial systems outside of the US are not regulated by the US, there are no laws preventing this crazy leveraging.
>>what happens when they need to pay all that debt but there aren't enough dollars to pay it
>When demand far exceeds supply, the price shoots up.
fucking hell

>>52372126
Yep, nothing to see here

>>30006882
your parents were too stupid to live in the future and fell for the living in the present meme. Meanwhile chinks move to this country and have obtaining wealth and power through nepotism within 2 generations. Your children will be poor like you until your genetic line ends or some billionaire keeps your grand daughters around as pets after the lower and middle classes are replaced with machines.

What is the best DEX for hunting mooncoins right now? I'm ready to suicide stack.

>>28169008
What the fuck are you talking about? Colorado and New Mexico are already solid blue, Idaho and Montana are taking in massive numbers of California refugees, Wyoming could be flipped just by doubling the population of Fagson Hole or letting Kanye build Wakangda. Add increasing immigration, legal and illegal, and you're fucked. Same shit as in Texas.
The only law "to prevent such faggotry" would be banning immigrants from the coasts, but their home values are so high (propped up by letting China buy fucking everything) that they can in turn prop up real estate values inland, so boomers throw open the gates.

Nothing, cause government would ensure you'd only be allowed to spend it on certain things
>What's that, you want to get a few pizzas for your family? Pizza is unhealthy, you can only have one.
>You want meat on that pizza? That's bad for the environment, have some bugs instead
>Soft drink? No no, sugar is really bad for you, you can only buy chlorinated fluoridated water.
>Garlic bread? Sorry but that will take you above the amount of calories recommended by the commissar of health.
>You want to buy petrol so you can drive and pick up your pizza? Private ownership of vehicles is bad for the environment, you'll have to buy a bus ticket
>You want to buy cryptocurrency? I'm afraid that's not on the list of acceptable use for your UBI.
>You want to take a holiday? Unfortunately you can only spend your dollars in your county.
>You want to leave the country? Sorry but you can't buy plane tickets with that money

Seriously though, if you start seeing the signs of any combination of UBI, negative rates or a digital dollar, leave the country because there's no going back.

>>22259826
>There are those still living in houses who havent paid their mortgage since 2009.
Your mileage may vary. I lived in a house for a year mortgage free before the bank decided to take it back. I took the cash for keys offer and dipped but I'm sure I could've gone full squatter dick if I wanted to and given them a real hard time. You also gotta consider they can kill your good boy score and garnish your wages if you're really unlucky. Be careful out there.

>>21666358
Out till EoY*

>>21306407

this feeling goes away

>>20650223
>2022
>LINK hits $1000
>BTC hits $1M
>ETH is at $10k
>TSLA hits $100k
>Silver is $10k
>Gold is $1M
>Houses have 10x'd
>Everyone's made it

except

>Bread is $1000
>Gas is $100/gal
>Everyone murders each other in a grocery riot fighting for the last jug of $500 milk

>>20429843
For them, that's been all they've ever known.
We're about to get the largest fucking dose of reality as a nation.
The anger phase will see biblical happenings as everyone is armed to the teeth here.
I'm predicting biker gangs and local mobsters fill in the MASSIVE power vacuums as people will probably go after the politicians and bankers.
Police will flee and cities will fall much like in Minneapolis except now everyone is broke and will be hungry.
FUN TIMES AHEAD.

>>20408156
Doubtful. Bitcoin is down bigly this morning and has been a fairly reliable indicator of market pull backs the last couple months. Looks like a pretty bad day is incoming :(

depressed may as well be depressed with many to pass on

Question to mining stock bros. If mining stocks are a leveraged play on the underlying metals, is there any point to having a portfolio that is, say, 1/3 gold, 1/3 GDX, and 1/3 GDXJ versus just having a portfolio that is 1/2 gold and 1/2 GDXJ? (stupid example, I'd never put half my metals allocation into miners, but I'm just making an illustration).

In otherwords, I feel like I would rather just barbell things by holding lots of safe assets on one end (gold) and lots of hairbrained risky miners on the other (GDXJ). I'm not sure what the point of weighting my portfolio towards the middle with 'safer' GDX/non-juniors would be, really. Am I missing something obvious?

(Same argument/question applies for silver, SIL, and SILJ as well)

>>19772051
>wastes opportunity

>>19754143
do the math on that pls

>>19745953
Things already are.

Policies in place just shift the pressure from the upper classes who invested in literal shit down to the lower classes, who need to buy potatoes and bread this week instead of meat and cheese because those are too expensive.

The process will continue until it hits a form of physiological bottom. We call this starvation.

>>19595556
I seriously hope you have fast and alert plans for the inevitable result of playing this kind of market. This thing is a zombie, do not get crushed trying to grab nickels from in front of the steam roller.