/biz/ - Business & Finance

congrats. youre based and redpilled. its exactly what theyre doing. these jews are fucking everyone.

>>13695267
Because people are too awake now. The fact that many people understand that the Fed is a giant jewish ponzi slave system means that it can't continue for long. Trump has been given a chance to fix it, and if he fails, which he might, all hell breaks loose. At this point it can only end badly for the people who fucked everyone over for their own gain, the only question is: is it going to be done the easy way or the hard way.

Welcome to /biz/ you’ll fit right in. 10 years too late for btc but just in time for mainnet

>>13695267
Things your post didn't mention:
- General increase in the wealth level over that period (Fed Reserve started in 1913... 1923 was the year that the first self-contained home refrigerator was invented, the average wealth level of someone on welfare today vastly exceeds that of even a middle class person at that time)
- The occurrence of two world wars and the spoils of those wars
- The implementation of the FDIC as a socially funded put on private depositor liquidity
- Removal of the US from the gold standard
- Every other central bank also in a race to the bottom with no hard backing of their currency
- Massive global population growth, necessitating growth in the monetary base to sustain nominal values of goods and services
- Nominal values of goods and services not being the same as real values of goods and services

Yeah, it's not perfect, but it's not as if there is a major economy doing something that's obviously better, or any reason why it has to stop any time soon.

Except for the parts where you don't understand how the Fed or sovereign debt works, sure, seems logical.

>>13695267
yes what the fuck do you think crypto is for? they made it for this purpose

>be USA
>issue new USD notes
>declare that all the USD held by other other countries like china are not USD anymore and are therefore worthless
>watch china and eurocucks seethe
>420d chess

>>13695866
You don't live in a vacuum retard. A move like this would be economical and political suicide.

>>13695834
>it's not as if there is a major economy doing something that's obviously better
because every other country that tries to get on the gold standard, or just off fiat, gets mysteriously overthrown by a US-backed coalition (i wonder why)

>[no] reason why it has to stop any time soon
If you were born after 1990, chances are you will live to see it. Eventually the hyperinflation will be so much in the 2050s and 60s (if course doesnt change) that you wont even be able to tell what the price of an apple will be the next day, all you know is that there will be at least four zeroes.

>>13695834
>General increase in the wealth level over that period
left by the vestiges of free economy. The wealth increase had been happening since the Enlightenment and began to slow down as government took over institutions beginning with education and the money supply
>The occurrence of two world wars and the spoils of those wars
this is one of the most astoundingly stupid things I hear people say, as its widely taught in high school and college that WAR creates economic growth... how totally opposite of the truth. WW1 spent almost every dime that came from the prior decades of the economic growth from the industrial revolution. WW2 was the most expensive thing in human history. there are still debts from these wars being paid today. just cause it "gave people jobs" and "grew the economy" artificially does not mean anything other than money got printed and given to people, while the actual taxes that were supposed to fund those peoples salaries just got put into debt.

>>13696982
Economic growth didn't imply everyone benefits.

>>13695866
drumpf hire this man

https://www.youtube.com/watch?v=Ck3FuTzZvhI
Still my favourite quote in history (0:11)

what happens when payments on national debt are more than total tax theft

>>13695267
>and surely Trump knows this?
of course he does
https://www.youtube.com/watch?v=ZjgUdNUXGFI

>>13697064
what are you even referring to in my post