/biz/ - Business & Finance

>>15649547
how is this over for the bank when they are given money?

>>15649547
https://www.youtube.com/watch?v=kLsRPBTORPM

>>15649557
What is zimbabwe?

There is no point in pulling your money out. If the banks completely collapse then that money would be worthless whether it’s in the bank or in your sock drawer.

>>15649639
Pull it out of the banks and put into BTC or precious metals.

>>15649558
I can't tell if I am supposed to get some profound messages from this...it feels like it

>>15649557
Really good point, anon. Where did you get your economics degree from? University of Chicago?

>>15649686
>Economic degree

>>15649695
Really good point, anon. Where did you get your English degree from? Brown University?

>USD too expensive
>not enough to go around
>print more so its cheaper
So?

>>15649654
>imaginary internet money will be safe from societal colapse

>>15649654
Would we still have the internet if everything really comes crashing down? Is it even possible to do anything with btc without the internet?

>>15649738
>>15649743
Society isn’t going to collapse. Governments are too big for that to happen.

>>15649711
Das rite nigga

>>15649764
When money is worthless the government can’t make money so they won’t care what happens at that point. The only reason the the government is so big and powerful is because of money.

>>15649789
They can steal it and they will steal it. They will keep everyone controlled using a social credit system just like in China. Its more likely that they will try to force us into some 1984 esque society than let it crumble.

>>15649789
You mean Central Banks

>>15649738
Your paper money is already imaginary
Society is already collapsing

Imagine thinking the USD is going to be worthless overnight. I'm going to retrokek on you fucking incompetent buffoons.

>>15649819
This isn’t the start, it’s been happening.

>>15649640
Zimbabwe implemented pants on head retarded policies, such as taking farms and giving them to people who couldn't use them efficiently, which caused their productivity to totally collapse. Hyperinflation doesn't result just from monetary policy, something else generally causes it

>>15649860
We have people in congress supporting retarded fucking ideas like the green new deal we aren’t too far off.

so dogecoin will ACTUALLY BE the reserve currency of the future, when the dollar will collapse, uh?
Can't wait to hold Golden Doges of The Rising Sun coins in my hands; worth: 1B bitcoin each. They are in gold because it will be cheaper to use gold instead of dilithium crystals

>>15649860
Yes goy. It's your fault, that we devalue your savings by printing the endless supply of money.

>>15649873
no!!!!! They want to invest in renewables?!!?@#?!@#?!@3
AHHHHHHHHHH COMMUNISTS

>>15649860
>something else generally causes it
Like unbounded amounts of debt denominated in that currency? Hmmmmmmmmm

>>15649885

>>15649873
If you're afraid congress is gonna get aggressively fiscal that's something different than worrying about monetary policy but whatever Americas got the room to spend like crazy a lot more before anything gives

>>15649882
Don't hold cash retard

>>15649886
>Like unbounded amounts of debt denominated in that currency

How so? You afraid they're gonna go "insolvent" and somehow "run out" of cash? lol

>>15649898
NOT THE RENEWABLES. PLEASE GOD NO.

>>15649885

>>15649640
This. The market has moved erraticallyy for a long time and its likely the algos causing the strange swings. Strange that stocks haven't tanked that hard overall considering so many signs of some sort of market collapse. I have several put options that are hopefully succesful tomorrow otherwise im down several hundred dollars on them.

>>15649949
>Strange that stocks haven't tanked that hard overall considering so many signs of some sort of market collapse

maybe you're misreading the signs?

>>15649639
>If the banks completely collapse then that money would be worthless
false. If the banks collapse, cash will be even more valuable. It has always been our faith in money that gives it its value (and willingness to work for it), whether or not there are functional banks present in the system.

Taking cash out of the banking system, say 1-6 months expenses, is a good idea and there is no risk to doing it as long as it doesnt get physically stolen or something.

I couldn't give less of a fuck about this boomer shit.

>>15649547
does anybody have webm with this psycho kike making psycho kike faces?

>>15649816
Central banks = the government

>>15650036
I've got both

>>15650036

>>15649879
only coin I've held since the early days

>>15650797

>>15649860
Yeah I'm sure the Germans caused hyperinflation

>>15650209
-2019
- Thinks Central Banks are the Goverment.

SAD!

>>15650767
>>15650780
disgusting

>>15651198
They work together right now but things will get interesting if govt wants to issue its own currency

>>15651500
Bitcoin wins then.

>>15649873
There are retards in congress subsidizing oil production you fucking jackass. There are like 2 congressmen even talking about a green new deal. Fuck off back to /pol/ you fucking newfag. Can you even triforce?

>>15649898
Yikes. How repressed are you?

>>15649841
Yeah and there is a lot of ground to cover between here and total collapse. This shit is going to take a while.