/biz/ - Business & Finance

>>58358805
Good. I want my savings to actually have growth.

>>58293343
Few understand

>>58052840
This is how they're going to solve inflation.

>>57722546

>>57721996
You misunderstand.

>>57691408
>>57691757
This quote explains it all. Due to the way the banking system is structured it's very hard to plan for the future, and most people become very short-sighted.

>>57658975
>It's entirely possible that the PM markets will eat shit for the next 2-3 years
Very unlikely unless we have a liquidity crisis where the Fed doesn't act in a couple months and we go into total liquidation with bank holidays and all the lovely things they did back in the 30s.

-1% or -2% for a few years would do the economy some good.

>>57625287
How long until someone builds a MellonGPT we can put in charge of interest rate policy?

>>57595388
Honestly the best thing that can happen for most of us, is this shit going straight to zero without circuit breakers.

>>57575307
>Could you explain the mechanism of how you think this happen?
The big banks should have collapsed in 2009, but the FED did QE increasing the money supply which is a form of theft from savers and workers, and gave it to the top hat wearing bankers which payed themselves large bonuses. It pushed up all market valuations (bonds, equities, real estate etc,,) which are mostly owned by the top hat wearing bankers. Stop being ignorant the wealth gap has been growing at a faster pace since QE 1. It's a wealth transfer and nothing more. If the system liquidated in 2009 the average guy would have lost 100-200k but the top hat wearing banker would have lost billions.

>>57480880
Would the madlads really do deflation?

>>57468984
Couldn't agree more.

>>57248570
Andrew, is that you?

>>57247952
>but I'm going to try because that's an extra $2300

>>57182827
tfw your average cost $86.86

>>57141527
Andrew Mellon was no dummy.

Give it to me straight: how likely is S&P 2000?

>>57088289
>People really don't have any shame anymore.
Weird time we live in, people really have no shame...

Absolutely fucking roasting everyone who has debt right now is the only way to save the economy. Change my mind.

>>56436912
If Andrew Mellon can imagine it, so can we.

>>56418867
If the US went on an extreme austerity program and basically used most of the revenue generated by this country to pay off its debt, it would be gone in a few years. However, that would be highly unpopular and lead to an almost total degradation of American standards of living. If it needed to though, it could.

>>56386657
Liquidate everything.

>>56382256
True. A lot of people need to get roasted.