/biz/ - Business & Finance

>>30422275
Black pills my bro.
Its so demoralizing. I used to live in Stuttgart Germany and I remember the "bid wars" for rent.
>Don't forget your 50 EUR non-refundable application fee (per applicant).
My building was full of 70+ year old perma-renters. At least they looked 70 - certainly given up on life.

>>27204122
checked and I know that feel. I can't believe my parents still pay $300+ for fucking TV channels.

>>27204365
its from an elaborate larp in a schizo forum 10 years ago but might be worth skimming through although it will take a few hours.
https://ia802300.us.archive.org/8/items/rofschildv1/IAmARofschildAxeMeAQuestion.html

Some themes I remember relevant to this thread:
>The "Next Big Thing" is happening, hidden in plain sight (WEF? Great Reset ?)
>The END OF FIAT (happening now?)
>Bankers will lose and the normies will cheer (GME into bubble crash?)

In context, think about this >>27203290 and what changes a population of angry bagholders would voluntarily accept. Patriot Act 2.0?

>>22662815
>>22666198
Fun fact, (and will send you down a peak clown-world black pill rabbit hole) :
In the fractional reserve banking used in the US today and in most western countries, NO ACTUAL RESERVES are required to create new loans. As of March 2020 the reserve ratio requirement in the US is officially 0%. In the UK it has been 0% for years.
>source
from the Fed itself:
https://www.federalreserve.gov/monetarypolicy/reservereq.htm

The only thing limiting actual bank lending activity is banker confidence.

>>22089795
>Normal seasonal fluctuations in USD / EUR exchange rate.
Not only is this a nothing burger, but hwy would it even matter to the US? Our foreign trade with the EU is 5 times less than our trade with Asia. Look at USD / CNY.

>>22089987
>Hyperinflation
The Fed said they need higher targets because their OMO up to this point is not effective and they see deflation as a bigger threat. Hyperinflation can be stopped not only by Fed dumping bonds, but also by central Government action - another COVID hoax, lockdowns, higher income taxes...

>Dollar Milkshake
This says that demand for USD is so high that it causes a liquidity crisis, i.e. deflation. A meme at this point because Fed swap lines were barely used and are already back to zero.

>Time to exit the dollar.
Selling low I see. Are you loosing your mind?