/biz/ - Business & Finance

>>20410157
oh right, RH only gives you like 30 minutes of pre-market. kek

>>17474497

>>2748624
Haha I remember that, holy shit

I'll start

>10% yearly gains is considered very good returns attained only by the best investors in the world
>so I know you're talking shit when you claim triple digits % ROI on your monopoly money

>>1962502
>>1962796
You're getting dumped on by those that were accumulating before fucktards, probably even the same people that shilled you the coin in the first place. It's called pump and dump for a reason.

Serves you right.

>>480547
>You get what you're willing to put the work in for.

>>345753

Your lack of economics is hilarious.

Look if you were smart and got a FIXED mortgage the rates don't go up even with inflation. So if the FED was just printing money out its ass and everyone was carrying around wheel barrels of money around to pay for bread, your debt on your house would be just the same and if fact you'd have plenty of money to pay off the debt because of inflation.

The people who would be suffering would be those who rent because landlord's want to have a profit and they can simply raise their rent prices to line their wallets regardless of what their mortgage is.

So enjoy being a renter with a $5000 rent bill while home owners are still paying the same fixed mortgage they signed up for.

*Now if deflation happens then home owners will get shit on, but that means the dollar will be worth a lot instead of your example of being worthless. That said the Fed can resolve that problem by printing more money.

So no. Wortheless dollars are great for home owners who got a fixed mortgage.

>>316070

>The person giving the loan is lending one of the most scarce and valuable resources on Earth, money.

Wow. I don't even... Lewl at you and your idea that money isn't something that is created out of thing air.

It is valuable in sense, but its only as scarce as the central banks see fit to create it.

Also lewl at the fact you think its the most valuable commodity on the planet.

Ever try to eat money? It doesn't taste well.

Also I'm not sure what your argument was about money lending being productive. Just because I have a lot of money and even if if it was say the most valuable thing on the planet, I'm not really being productive. Sure I have a service, but it money itself doesn't make me want to go work hard. No it just wants me to lend more money so I don't have to work so hard.

>>303128

I lewling at the fact people think 4chan is a place for serious entrepreneurs and wealthy elites to hang out at and discuss ideas with other like minded people in a serious fashion.

>>288714

Um.... I think you are mistaken. If the government keeps printing more money inflation will still keep happening. I mean that is what hyperinflation was all about.

Wiemar Germany's economy didn't go all deflationary when the depression came simply because they kept printing more money.

If you want to argue that we could face hyperinflation if the government prints too much money then I suppose I could agree, but if you want to say that money will be worth more because government kept printing more money then you've got a logic problem.

Seriously... Things that cause inflation do not cause deflation. The market can't simply correct itself by destroying money when the government keeps flooding the market with money. I mean for fucks sake.

I always find it funny when people think that the economy based on debt means things will collapse.

We will still have the same manufacturing capabilities and the same manpower pool and the same technology no matter how much or how little our debt it.

Money is something that everyone just happens to agree it is valuable when in reality greenbacks can only be used for toilet paper or fireplaces if everyone agreed it was worthless tomorrow.

The key is making everyone perceive money is valuable.

And that will happen as long as the powers that be can enforce it.

I mean you can horde gold all you like, but if the government comes a knockin for you to pay your taxes, they are going to want you to pay it in US dollars.

Otherwise you go to prison.

So what I am trying to say is that the economy works because everyone is deluded and given our current education system it is unlikely that everyone will ever understand the system to care.

Even if the economy collapses the police states will still exist and the rules will be enforced.

People who have hundreds of guns will find out that they can only use one of them when a drone blows up their house.

And the economy keeps going.

You people make me laugh.

You act like the debt is something tangible and that we have to worry about it.

Let me point out that money is an intangible and its value is simply perception.

I have an old saying...

The US Dollar is backed by nuclear weapons, the world's largest army, and the world's largest prison system.

If you are a country and don't value the US dollar we'll invade you (like Iraq).

If you are an individual and don't value the US dollar (by not paying your taxes) we'll throw you in jail.

So yes... The dollar will be valuable no matter how much they print, because there is real consequences for those who don't value it.

I don't know what you are on about.

State Capitalism's success in China proves that government combined with capitalist interests beat the free market time and time again.

I mean 1936 Germany was technically State Capitalist (along with fascist Italy) and Germany had the fastest growing economy during the damn depression and was the first country to get out of it. They would have continued to be a paragon of how to make an economy work had not Mr. Hitler decide to screw the pooch by starting WW2.

China proves that governmental interference done correctly can make the economy work a great deal more efficiently than free market capitalists could ever dream of.

Of course Socialism and Communism isn't State Capitalism either.

State Capitalism is basically taking free market capitalism and giving it steroids by purposely making things better for your country's economy while making it shit for competing countries.

I mean if you are US business and you want to do business in China, you are basically competing with not only Chinese businesses but the whole damn Chinese State as well.

When Chinese companies come over here they just have to fight businesses and bribe a few lobbyists to have their way.

Admit it. State Capitalism is the way empires are made.

What the hell this has to do with Keynesian is that he was on to something, but instead of a central bank, you have the whole goddamn state back your business.