/biz/ - Business & Finance

>>15145570
fuck him
yang gang

>>15145570
I agree with Bernie economically on most things. Not a fan of his social policies.

>>15145570
>the government is on the winning side of every trade with capital gains tax
>still can't into money

wtf is wrong with government senpai

>>15145570
Bernie is a has-been. The new meta is Yang

>>15145570
is this guy going to live another 5 years?

Bernie destroyed his future the moment he let Hilary walk all over him. Doesnt matter what he believes him if he can't even stand up for himself.

>spineless

>>15145570
hey retard, bots are good for the market. they provide liquidity as well as price stability through arbitrage. this would kill the US markets though....not sure the old man has really thought it through

>>15145570
>This would essentially kill bots and professional traders, we would finally see a more stable stock market where normal people could invest in and not get cucked by bots
Fuck this cunt. He will price out regular joe traders and only the rich will be able to trade. brokerages take enough on trading fees to weed out high frequency trading and boomers don't know about Robinhood.

>>15145570
BASED JEW

>>15145570
the good guy will never be president

>>15145570
0.5% is reasonable for me.
I pay more taxes buying dinner.

>>15145601
Got a lot if parasites taking off the top go feed their NGOs

>>15145570
Well, if bernie is the best candidate they have we already know who will be winning the presidency.

>>15145649
that means crypto too retard. you really wanna start paying .5% on every single trade in addition to the 30something% you have to pay on every dollar gained?

Do you want to destroy the economy? Because that is how you destroy the economy. This would be a step backwards toward a less efficient equities market that would ripple through investment firms. Steps backward economically tend to create a massive spiral.

>>15145599
His economics would fucking destroy America you stupid young reddit fag. He said Venezuela was the perfect example of his policies.

>>15145570
That's all fine and dandy but Trump is clearly going to win in 2020. It's fucking obvious.

>>15145681
The stock market isn't the economy, spacktard, this just stops people using autism bots to scalp normal people trying to make an honest trade

I like Bernie a lot and have followed him for a long time. he's really good at pointing out the problems and, but he doesn't have the right solutions.

>>15145702
yes let make Putin proud vote Trump 2020

For me, it's Tulsi Gabbard. Her as President and Yang as Secretary for the Fourth Industrial Revolution. The economic benefits of ending (((war))) alone would vastly outweigh the totality of bernie's deluded socialism.

Ok how the fuck does someone like rogan get such high profile people on his show

>>15145570
Honestly, fuck that faggot.
Sure, let's tax everything! This is the same kind of retard who is responsible for crypto-to-crypto tax on a per-transaction basis. Fuck him. Fuck all kikes, and fuck all bottom-feeder parasites who support him and his ilk.

>>15145570
Who cares he'll never be the candidate, he's not a dem to begin with.
I like his ideas for healthcare, but that's pretty much all.

Looking forward to his loss, and his supporters tears

>>15145727
Fuck off back to /pol/ tranny
>>15145731
he's got jewish connections

>>15145723
what happens when your shitcoin's market maker turns off the bot anon?

>>15145697
Found the retarded boomer.

>>15145730
>Putin and Assad cheerleader

you're almost as stupid as Trump supporters. Almost.

>>15145747
>he's got jewish connections
I wish I had Jewish connections anon
(´༎ຶོρ༎ຶོ`)

>>15145679
I don't make needle dick trades for 1%.

>>15145570
I’m confused. We already have short/long term gains tax?

>>15145778
Now imagine a tax on every single transaction, whether you gain or lose.

>>15145570
Can someone explain to me how this would not completely tank the market? How would this not negatively affect investor confidence if the market found out they would be taxed for every fucking transaction? Investor psychology has a real influence on the market I think that’s pretty common fucking sense?

>>15145761
>Putin and Assad cheerleader

>>15145730
I'd rather have Yang as the President since he has the foresight to start talking about the 4th Industrial Revolution from NOW.

>>15145778
He doesnt mean on gains, he means when you trade. So if you buy for 100 and sell for 100 you owe him 1 dollar

>>15145748
Stocks are backed by actual companies, voting rights, dividends etc.

Shitcoins are just spectulative vaporware

>>15145624
>>15145681
>>15145796

This.

>>15145804
People would trade less, and so instead of speculate on short term wins, they would actually try and invest in companies with value.

Transaction tax + reduction in tax on dividends would be great

>>15145755
>economic facts about why socialism is impossible and has a tendency to destroy nations are retarded
Found the braindead millenial

>>15145761
> He wants to have another Iraq in the Middle East (right next to the one we already fucked up and made into a permanent warzone/military installation)

You're so retarded, your opinion is literally worthless. Either that or you're a glow-in-the-dark CIA nigger. Either way, you're ilk are literally the dumbest people in America at the moment, especially when you niggers would be opposed to this shit if the monkey Bush or King Nigger was in office instead of Orange Shabbos Goy

>>15145755
"These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger. Who's the banana republic now?"

>>15145697
Dumbass

>>15145856
*your ilk
Fucking auto-correct

>>15145570
dude he isn't going to win. trump 2020. fuck off liberal low IQ retard.

>>15145863
commie faggot

>>15145570
holy fuck these commies never stop to try to TAX THE SHIT OUT OF YOU. myass we need another Hitler to put his socialist ass in a concentration camp

Liberals are all subhuman Commie scum.

>>15145616
this. fucked by a woman. almost as pathetic as germany.

>>15145731
He's literally the biggest podcast on earth dawg. He's not just that guy from Fear Factor anymore

>>15145570
based bernie
i really wish hillary didnt cuck him in 2016. our country would be in a much better place with him as pres

>>15145761
>muh Russia
>>>/reddit/
>>>/twitter/
Go back to your thought containment chamber.

>>15145815
For that reason I'd put him in a cabinet level position to focus him on that aspect. The President has the most influence on foreign policy as Commander in Chief which Gabbard is best for. Too bad she's getting Ron Pauled as we speak.

>>15145856
Socialism is worker's ownership of the means of production. Bernie is not a socialist. He's a social democrat. You clearly have never taken any economics class beyond econ 101. Neoclassical economics is shit.

>>15145904
>He's a social democrat.
He's a fucking Communist and will never be president of the USA.

>>15145624
It would kill market makers that's for sure. Bid/ask ratios would be through the roof.

>>15145745
I don't think the Boiknee gang is going to be nearly as strong or prominent this election cycle. They'll mostly be a joke

>>15145837
liquidity would dry up and cause instability in the markets.

>>15145904
>Socialism is worker's ownership of the means of production
No, it isn't, it is the social ownership, i.e., government ownership of the means of production.

worker co-ops are not socialism.

>>15145570
Lol
This wouldn't change anything. Bots would still be more profitable than anything. Everyone would lose money to the government.

>>15145570
>This would essentially kill bots and professional traders, we would finally see a more stable stock market where normal people could invest in and not get cucked by bot

And then you wouldn’t generate any tax revenue because you have killed any profit motive in HFT

People always seem to think you can levy taxes in a vacuum and there will be no response...

>>15145927
No. The community as a whole owns the means of production. You don't need a government to have socialism.

>>15145913
Absolute retard. Give me an intelligent definition of communism and try to tell me how exactly that aligns with Bernie's ideology.

>>15145570

maybe we should tax every post on 4chan. would cut down on shitposts and lead to a more quality board.

>>15145904
>I haven't taken a meme economics/philosophy class that actually makes a meaningful distinction between social democracy and socialism (when in reality the former is a subset of the latter) because I like studying systems that actually work or at the very least aren't prone to collapse due to the people that actually make them knowing a bit about human nature and using empirical data from he world to build their theory not armchair philosophy

How did you guess I'm not a retarded millennial and read economic texts that hold true in the real world instead of my autistic 19th century NEET utopia?

as another anon said it already:
> Bernie is genius at pointing out whats wrong
> Bernie is literal below Down-Syndrome Level regarding his "solutions"

All other Dem candidates are even bigger whack jobs (great heart but zero brain).

We can safely conclude Emperor Trump will reign till 2024.

>>15145962
the mechanism by which the "community as a whole" manages things is called a government.

Not having a government means that you have a polycentric legal order, which can not operate with pre-planned socialism.

>>15145956
Those people would be literal retards that don't understand human nature and take it for granted. So yeah, they'd be socialists.

say it with me folks, and don't ever, ever, EVER forget it

Government intervention and regulation is bad for the people, always.

Fuck this guy and his criminal taxes.

>>15145975
Democratic socialism and social democracy are not related. And I guessed by reading your incoherent boomer ramblings.

>>15145988
Socialism does not require a government. There are plenty of anarcho socialists/communists.

>>15145984
>> Bernie is genius at pointing out whats wrong
Honestly, everyone is a genius at pointing out what's wrong. It doesn't take much to point out what's killing you.
Actually, Bernie is somewhat out of touch, being in his politician wealth bubble. So you or I know more about what's wrong than he does.

>Medicare for all
>Open borders
Choose one Trotskyists

>>15146018
And most of them are homeless on the streets

>>15145962
>Give me an intelligent definition of communism and try to tell me how exactly that aligns with Bernie's ideology.

Communism is - a system in which goods are owned in common and are available to all as needed. That's exactly what Bernie wants to impose on us.

Bernie honeymooned in Communist Soviet Union at the height of the Cold War, you fucking brainlet! He loves Communism because he is a Communist, He only calls himself a Democratic Socialist because he knows a Communist can't be elected to higher office - because most sane Americans fucking detest Communists and want to see them burning in Hell.

>>15146018
> There are plenty of anarcho socialists/communists.
There are none. anarcho-socialists define "the government" as private property.

They simply define the government as something that isn't the government and pretend that there is no government.

A government is an institution that has a monopoly on law. Anarcho-socialists support a government that is run by trade unions.

>>15146007
>Everything I don't like and proves my outdated autistic 19th century theory false is boomer-tier
This is you. Plus, why would I want to understand a theory or an ideology which is demonstrably false or at the very least not scientifically falsifiable, like what Karl Popper had to say with socialism/Communism and it's relationship with actual scientific merit?

>>15145731
He gets more views by far than most relevant television shows. Game of memes drew 19 million for the season finale. Rogan has hit more than that, multiple times.

>>15146007
>Democratic socialism and social democracy are not related
social democracy
n.
A political theory advocating the use of democratic means to achieve a gradual transition from capitalism to socialism.

Social Democracy is a form of Fabian/Gradualist socialism.

>>15146042
It's pretty obvious that you don't know anything about anarchism. Anarchy is stateless.

https://www.youtube.com/watch?v=_QT1B2DBbas

Mcafee for president

Imagine how retarded it would be to ruin your short term capital gains revenue to implement a transaction trade tax so you can pay off your voters on a bailout. Anyways, it won't happen because Bernie is a joke and the wall street has lobbyists in both parties.

>>15146046
It's not demonstrably false. It's undoubtedly the future, as AI eliminates human labor and social unrest is widespread.

>>15146051
Social democrats allows capitalism. Democratic socialism doesn't. It's that simple.

>>15145773
only because you can't. if you started with $10k and made a 1% trade on your stack everyday for a year, you'd have $377,834.43 in just 365 days.

>>15145888
check'd

>voting for a white supremacist over this guy
I dont understand america

Sure, vote for this old cunt if you want to starve.
>>15145624
Nothing new, socialists can't into economics (and neither can OP)

>>15146054
>Anarchy is stateless.
And what is "the state"?
Anarchists do not define the state as what the state actually is.

The state is an institution that has a monopoly on law.

The retard you linked promoted direct democracy, as if a state that is controlled by direct democracy is no longer a state. Direct Democracy is simply one way a state can operate.

>>15146107
>economics is only neoclassical economics

Nice try, brainlet.

>>15146081
>Social democrats allows capitalism. Democratic socialism doesn't. It's that simple.
Social Democrats "allow" capitalism because they believe gradual change is more effective than sudden revolutionary change. The means are different to achieve the end goal of socialism.

>>15145570
>take away the professionals
>more stable

>>15145917
Market makers would be hurt, but mostly fine. The retail investors and pension funds would end up paying through those larger spreads.

>>15145820
what about if you buy for $100 and sell for $.99?

WOW BASED, I TOO WANT TO LIVE IN A THIRD WORLD SHITHOLE UNDER A MISERABLE IGNORANT COMMUNIST'S LEADERSHIP

>>15146108
>>15146054
It's always funny to me when anarchist socialists start talking about "the state," because when you ask them to expand upon their ideal society, such a society isn't even possible without some kind of government to enforce their ban on private property.
Even if it's a mob government. Still government, but put into the hands of the lowest common denominator. Hypocrisy.

>>15146120
>implying I even implied that
>implying that anything Bernie proposes is related to an actual knowledge about markets and not just populism to get votes

>>15146167
>muh free market

>>15146081
>It's not demonstrably false. It's undoubtedly the future, as AI eliminates human labor and social unrest is widespread.
>He says with no proof and acting as if he can predict all the economic and technological changes in the future based off of what is the case today
Yeah, that's exactly what I'm talking about. You can't prove shit about your prediction because you don't have the necessary info (like the types of technologies that will be available in the future, which markets will open or close and what job markets will become more prominent or shrink and to what degree all of these things will happen) to make such a prediction. Sure you can make an educated guess about it, but don't try an pretend it's inevitable and that some other market won't open up in say, the upkeep of said automation that won't require human labor, which is just as educated (if not more) of a hypothesis of what will happen 20 years down the line.

>>15145904
Socialism is when people that push the buttons on the machine think they know how to run a business.

>>15145913
God damn you're retarded.
Boomer Genocide when?

>>15146174
>muh non-free market and forced redistribution actually helping anyone instead of just hurting poor people and enriching powerful slimeballs
Better sell off all your crypto, boyo. You wouldn't want to use unregulated money not created by the almighty government, would you?

>>15145570
they already tax every transaction. put this guy away, he sux.

>>15145570
someone need to take this guy out, or we just need to make sure trump is in office longer than what he has left

>>15146081
>Social democrats allows capitalism
we don't live in a capitalist society to begin with let alone after "social democrats" take power

>>15146141
>Everyday people will get hurt from retarded tax policies
Sounds right. Anybody out there who owns mutual funds or ETFs, take a look at their annual reports. They do a shit ton of short term trading, forex trading, options and such. Really retarded idea.

>>15146199
There's going to be a net decrease in employment, not a net gain. The few job markets that will open will be negligible.

>>15146208
Nice boomer analogy.

>>15146243
Capitalism is private ownership of the means of production. That's literally it. Tell me which western economies aren't capitalist.

WHY DID BERNIE BOMB YUGOSLAVIA?

https://www.youtube.com/watch?v=OLNQEHbusSA

>>15146237
This.
It's very fucking surprising to see the amount of socialist faggots on a board where 99% of posts are about decentralized currencies btw

>>15146266
because they are white and they don't know what it's like to be poor

trump and bernie are both "bad" for crypto

with trump you just don't know what you're going to get, whereas with bernie, you pretty much know he's going to try to tax it and regulate it and probably stifle a lot of potential progress in the crypto space. Trump's a dumb boomer as well but he is less likely to push imposing regulations and/or taxes on crypto, from what I can see. I don't really see any of these candidates being "good" for crypto outside meme candidates like Yang. It's sad because if we had elected a real pro-business/industry Republication and not a meme, crypto industry could be absolutely zooming. Oh well, guess we'll just wait for the boomers to die out

>>15146263

>>15146263
Ok. Believe the dumb bullshit that you spew. Don't expect me to believe it though without sufficient proof other than memes you heard straight from r/latestagecapitalism though
>>15146269
I mean there's a bona fide regular poster on /sci/ trying to make up random math bullshit like an imaginary triangle and actually believes it and states that it's a true mathematical object, much to the chagrin of actual mathematicians (academic or not) on the board . It's kinda funny to watch tbqh.

>>15145570
this is a terrible fucking idea that would absolutely destroy the markets by draining liquidity

it would be a nightmare

t. /biz/raeli

>>15145570
Should be a tax on trades past 25 trades in a day or something reasonable. So really just botters and rich ass busy ass day traders get fucked

>>15145925
yeah why would you fill an order book when it's going to cause a tax event

Ameritrade already cucks me on $7 per trade.

Fuck that.

>>15145697
>cabitalism gud!! sobalism bad!! fox news say so!!

>>15146263
>Capitalism is private ownership of the means of production. That's literally it. Tell me which western economies aren't capitalist.
If the government can control what you do with your means of production, how is it not under ownership of the government? Government passes a new labor law and "owners" have to follow it, just as follow the limitless number of economic laws right now. The current situation is that the operations of the means of production have been significantly/some-what delegated to individuals. Delegate is not ownership.

>>15146284
I agree although who's honestly a "pro-crypto" candidate or someone who actually knows what it is at a basic level? Politicians aren't going to support a form of currency that's hated by banks and regulators, especially if there is illegal activities are fueled by these decentalized forms of payment.

>>15145837
try trading a stock that has low volume
its a fucking disaster
you get cucked hard by the bid/ask spread

daytraders provide a valuable service by adding liquidity to the market. That means when you come back to sell your mcdonalds stock years after you bought them or whatever, there is someone there ready to buy, because the market is ACTIVE

>>15145570
fuck this faggot, the taxes on cap gains and dividends are already high enough. he is actively discouraging everyday people from investing in america. retarded jewish boomer for you

>>15146360
>we live in cabidalism society! fox business say so!

>>15145570
This will make the market less efficient. There is nothing wrong with market prices moving fast to reflect new information.

try to earn extra money by investing in american businesses
get taxed so niggers can get reparations
stop investing in american business entirely
vote for more taxes because you're out of money anyways

>>15146084
you make a good point.

>>15146394
socialists don't like investments, they think it's "making money without doing anything".

They want you working in the field as part of a syndicate or something (key word being "you", they, personally, do not intend to work at all, they'll intend to be paid bureaucrats)

>>15146390
I bought a shitty biotech stock when I started out one time and was up like 15 bucks on it, took me like 3 days to trade out of it with a 1000 volume average and almost lost all my gains when I was able to finally trade. Fuck this idiot, we need the liquidity of the day traders.

>>15146269
4chan is full of low IQ losers. Socialism is popular in this crowd.

>>15145570
if those taxes get implemented, I will literally assassinate bernie, I dont even live in the US

>>15146069
fucking this
best ancap madlad

>>15146447
exactly
its painfully obvious that Bernie has zero experience in trading

>>15145649
Death by a thousand cuts.

>>15145577
more like, TINY WANG GANG AMIRITE>

>>15145570
the second anyone does this, the stock market goes into crypto tokens and starts trading at DEXes

>>15146326
cant believe i wrote
>t. /biz/raeli

I thought I was on /pol/ lmao my bad yall

>>15146456
t. Jamie Dimon
For real, though. They splattered JFK's brains for less.

>>15145964
Would also be an effective range ban on India

>>15145679
>crypto
explain how you are going to tax a decentralized exchange
go ahead, I'm waiting

>>15145570
Bernie sanders is a Jew. He only cares about Jewish surpremacy like every other Jew that exists on this planet. The Talmud says so and they are taught to think this way in their special Jew only schools they go to.

>>15146390
it's not like the markets will halt. 0.5% is something but it's not a game changer by any means. there will still be liquidity because the large volume and high frequency traders will still be there to take your money.

>>15146156
You owe 50 cents for one trade and then you owe ~5 cents for another trade and then you can write off the $99.01 loss

>>15145962
You will literally never own the "means of production" except under capitalism. All your dumb shit is about seizing peoples stuff, therefor when you start that shit eventually someone will seize your stuff.

>>15146517
you're retarded
the problem with Bernie is hes a commie
the vast majority of jews are not commies

>>15146449
I can buy this, especially from what I've seen of /sci/ and /g/. Sadly, there's a lot of fucking idiots on this site that either jumped here from reddit or are just attracted to shitposting 24/7 and not actually discussing shit at all (not that this is an educational site, but a bit of actual discussion on this site isn't bad). Thankfully, there's a shitton of autists on this site and really intelligent ones at that. The thing is though you have to find them. I know /sci/ ahs Yukari-anon, who's in a Physics Ph.D and is one of the most intelligent bastards on that board. Hopefully, this board has an autist that actually knows what he's talking about compared to the droves of retards here.

>>15145822
PoW coins are backed by hashrate
dividends are irrelevant
you would never gain voting rights inside a relevant company, the biggest shareholders would just washtrade and gatekeep you out if they didn't know who you are

>>15145904
>worker's ownership of the means of production
which will never occur since decentralization requires incentives and it's inefficient as fuck
you will see DAOs before you will ever see this fairy tale of worker's ownership

>>15146542
200 IQ post

>>15145616
those two sheebons did it before hilary

>>15145617

>>15145988

A government exists to negotiate the historical clash between laborers and varying forms of owners. It is NOT necessary to organize ownership of means of production.

You act like shareholders at a currently conceived company can’t organize themselves, receive dividends, and have ownership beholden to their interests, all on their own accord.

>>15145570
This is your champion
>implying

>>15145697
Get fucked, boomer.

>>15145570
if there's a tax it's up to the exchanges to handle this, NOT the state, it has nothing to do with personal wealth which would be really impacted with this

fucking parasite, choose freedom reject socialism

>>15146649
>You act like shareholders at a currently conceived company can’t organize themselves, receive dividends, and have ownership beholden to their interests, all on their own accord.
shareholders at a company are not the "community as a whole". Shareholders do not have a monopoly on law. They are in a voluntary association and can not organize anything that.

>>15145570
Boomers 401ks get rekt too

>>15145617
>>15146642
ladies, calm down. you're both right

>>15145739
Seriously fucking this.
> Hurrr some people choose to invest their money instead of piss it away on material possessions
> When they make money doing so, we tax the shit out of it
> But this is not enough
> We need to tax them for daring to invest to begin with
I unironically can't wait until Bernies dead.

>>15145731
Because Bernie knows his support is slipping so is trying to get support

>>15145570
You are fucking dumb. Just learn FA and none of what you are saying matters.

>>15146122
You are a low iq retard

Stay off this board

>>15146800
Who are you voting for?

>>15146868
I am unequivocally correct on my characterization of worker co-ops, Anarcho-syndicalism, states and government. You've offered nothing to indicate otherwise.

>>15146519
dios mio, man

>>15146466
get thicker skin

>>15145570
>This would essentially kill bots and professional traders, we would finally see a more stable stock market where normal people could invest in and not get cucked by bots


This... Fuck these huge firms front running and scamming.

>>15146953
>pay more taxes
ftfy

>>15145570
> HOW COULD FINANCIAL MARKETS EVER WORK WITH GLASS-STEAGALL???!?!?!?!!

wait....

>>15145913
Progress is made with one boomer death at a time
Can't wait

>>15145731
It's the biggest show in the world

>>15146449

Thinking America is capitalist anyways. Wall street spread the taxpayers ass cheeks for 750 billion in '08. Socialism for them but capitalism for the poor? KYS

this bernie faggot could definitely NOT rip your arms off

>>15145904
Fuck you faggot. Bernie is a commie and it'll be a cold fucking day before the American voter lets that piece of shit set up in the oval office.

This thread was moved to >>>/pol/222124483