/biz/ - Business & Finance

Buy gold? idk how this works but why would anyone agree to having money taken from them for having them in the bank

>>15073036
Do you live around niggers? If not just put your money under your mattress then.

>>15073036
negative interest rates are a more overt form of wealth confiscation through inflation. fuck the banks. buy bitcoin and gold

>>15073036
Buy bitcoin you fucking retard , negative interest rates will end up creating a slave feudal class and another of overlords that acumulated capital when it was still "legal".

Think for a second if they push for negative interest rates to stimulate the economy what will happen when the economy slows downs again?
Even more negative interest rates , until saving becomes illegal and you have to spend all your income the same month you made it.

Of course they would need to abolish cash to pull this up which they will try but this will push people to bitcoin.

Sure you may not be able to legally buy bitcoin , but you can simply buy an amazon gift card and then exchange it for cryptos.

People will escape that shit system any way or another.
But keynsians are fully retarded so they will try it.

>>15073036
>be poor
>gov takes a little of your money each month
lel

>>15073036
normal banks don't have negative interest rates, at least not for normal wealth. anybody with more than 100k wouldn't have it at a bank anyway, who knows which banks still exist in 5 ears from now.

>>15073036
Its awesome it will accelerate the muslim takeover of the west while also lead to more people buying crypto.

>>15073060
These are the types of post that offer no value to /biz/. If you see dumbasses making these posts name and shame them until they fuck off back to Stormfront where they belong. Racism isn't tolerated on this board

>>15073036
>>15073050
The end goal of negative interest rates will be something called demurrage currency. The store of value function is being stripped away from currencies and you'll have to buy gold or something else if you want a savings/store of value

>>15073135
Already happening, less than 100k
https://www.zerohedge.com/news/2019-06-17/negative-rate-world-cash-king

>>15073352
fuck off nigger

>>15073352
It has value for people who lives around niggers

>>15074782
He based.

>>15073036
thats for loans only not savings or checking accounts you dumbass

>>15073352
ez b8

>>15073094
Buy gold, not bitcoin, bitcoin is fucking useless

>>15073036
Buy dai (usd stablecoin) and lend on compound dapp.
12.75% apr currently

you dont get negative interest rate if you hodl bitcoin

>>15076233
Wait, they pay you to get a loan? What the fuck

>>15076638
To have you spend money. Recession is about to hit us soon and the banks really don't want that.

>>15076625
Incorrect boomer. The pillow comes for thee.

>>15076683
How is 30 minute transaction times useful? Don't say lightning network.

>>15076638
its only for banks and central banks. commercial banks can still give their clients normal interest rates

>>15076625
yeah let me buy something online with my .2 gram of gold

>>15073036
So why don't you just take out the biggest loan you can and get paid for it?

>>15073036
>he keeps his money in the bank
NGMI

>>15076723
get like 10 million dollar loan and only spend 1% a year
you basically make 100k a year

>>15076625
t. *siiip*

>>15073050
>Buy gold?
Worth considering this. Some financial experts will recommend up to 10% of your net worth in gold.

>>15076690
>dont say that thing that completely destroys my retarded argument
>sending 0.2g of gold over internet is faster than 30mins
youre reaching levels of boomer never even imagined before

>>15076638
Honk Honk

bump

>>15073352
I've been seeing so many similar posts I can't tell whether it's b8 or a fucking redditfag anymore

>>15076613
satfu troll.

>>15073036
>This policy feels like it punishes the people who live frugal.
That's literally how central banks work. Their entire lifeblood is stealing purchasing power from frugal people.

>>15077962
demographic research
unironically

>>15076625
Yeah and sleep hugging my shotgun for the rest of my life because I keep gold at home

>>15073094
This
(((negative interest))) is illuminakike plan to steal everything left from us goyim, it was alrdy announced in the protocols of Toronto : red aurora, leaked by based Serge Monast. He got killed for revealing this doc 30 years ago. And now the plan come to fruition. Please read it frens, it's jaw dropping, all the clownworld we are living... everything was in the protocols.

>>15076690
my bank wires take haĺf a day to 2 days if international

That's impossible OP. Banks don't go in negative interest rates for their private customers since changing banks is piss easy. It's possible for corporate customers but fuck no for private individiuals. Change banks if it is so

>>15073036
>negative interest rates
In America, if any bank dared to so much as whisper this aloud to themselves as a suggestion, they would find their coffers completely dry within moments. The entire economy would collapse because of the massive bank run this would cause.

>>15076690
Gold transactions take several days assuming anyone accepts it

>>15073352
spotted the nigger

>>15073060

>saving fiat with negative interest rates

Holy shit who let /pol/ in ?