/biz/ - Business & Finance

>>15988728
this is too smart for /biz/
how long until cheap houses?

>>15988728
They realize there’s no way out except further back in. They have instead of reducing debt and raising interest, they instead went full steam ahead to crash the global monetary system and bring in a one world currency/government.

>>15988758
Soon in the usa , but as soon as that starts to happen they will have to pump fast to prevent a recession.

>>15988764
I am starting to think this is the case now , this shit makes no sense , why would the fed be reducing the monetary base so fast?
It makes no fucking sense they are starving the world of usd while trump is fucking global trade.

This will also fuck us exports massively.

>>15988728
Their endgame is nothing less than a collapse of everywhere that isn't the USA, maybe the Americas in general if they're lucky. And yes, people are way too small-brained to understand what is going on.

>>15988728
US is on its way out as the global hegemony, can't even strongarm Turkey anymore

>>15988784
IT'S A CONTROLLED DECLINE
>IT'S A CONTROLLED DECLINE
IT'S A CONTROLLED DECLINE
>IT'S A CONTROLLED DECLINE
IT'S A CONTROLLED DECLINE
FUCK FAK FUGGING SHIT GET UR SHIT OUR RIGHT FUCKING NOW
THESE FUCKING HEEBS PROBABLY HAD A MEETING AND WERE LIKE
>yeah, so shit's fucked. we can't let america get fucked because they give us lots of goy toys to die on our behalf. smoke 'em if u got 'em bros. shit's gonna get cray cray.

>>15988728
Source? Youre just making shit up, riots happen around the world all the time. Give me a zerohedge article thats more recent or something

>>15988728
this is not an accurate summary of what's happening

>>15988728
I thought Trump was deliberately pushing rate cuts knowing that the rest of the world was already on the ropes in order to maximize US leverage while negotiating deals and taking steps to isolate the US further for its own protection. This explains why he started by stabilizing domestic energy and food production while most of our so called "allies" are in a position that is dependent on exports. Am I retarded?

>>15988728
>The riots are now starting everywhere because of this?
I'm doubtful. The monetary base contraction is probably a smaller element of our ongoing conflicts with other nations as well as typical credit cycles. There have been murmurs of increased tension for a long time now.

>>15988849
>I thought Trump was deliberately pushing rate cuts

the executive has absolutely no power over interest rates, the system is designed this way because it would be too easy for politicians to abuse the interest rate

>in order to maximize US leverage while negotiating deals

low US rates = lower USD = less leverage in trade deals because it becomes easier for foreign powers to tax US goods and USD revenue becomes less important for them

>he started by stabilizing domestic energy and food production

fracking boom began in the 1990s, well before trump

>Am I retarded?

QED

>>15988849
>Am I retarded?
obviously, trump doesn't think about shit like that because he's sundowning constantly

>>15988764
Yep.
It’s actually a good thing in the long term and accelerates our transition to a type 1 civilisation

>>15988728
>I don't get it they will completely destroy
>capitalism
yes
>globalism
no
>international trade
yes
>even their own global reserve currency status as nations aligned with china replace the usd.
yes

hopefully we come through this shit peacefully.
I don't think the usd can be replaced by another nation without a war.
Since the dollar has been worthless since '71 but we've all been forced to use it by the US military's control of OPEC nations.

It's really a discussion of the feasibility US china war, but there isn't any data or information to evaluate that.

Maybe we'll just sit in a stalemate for another 20 years while BitCoin destroys communism without firing a shot.
Or maybe china will start dumping all its us debt, expand into the south china sea and provide an alternative currency, maybe gold backed

>>15988941
>implying Powell doesn't agree with Trump even though he understands the long term consequences
>implying a strengthened dollar with low inflation wouldn't cause liquidity problems for trade
>implying china isn't buying record numbers of pork bellies and sōy
>implying japan hasn't pledged to increase US ag imports
>implying you don't need to dilate

>>15988786
This. feels good to be a citizen of the empire. Though in honesty we will get fucked as well. This is a controlled financial demolition. The bankers have always been the United States most elite soldiers

Y'all have no clue what you're talking about if you think reserve currency status is a prize. The USD isn't the reserve currency because its good for the US economy; it's the reserve currency because it can afford to be and once upon a time like 50 years ago it conferred some political influence. Now it doesn't even do that because the rest of the world has gotten really uppity towards the US despite Uncle Sam paying every country's bills with the singular exceptions of Japan, the UK and France, the only countries to actually float navies that can do stuff outside of American overwatch. Everybody else who free-rode for the past 80 years and didn't invest in a backup, is grade-A fucked and it will hit you dipshits like a ton of bricks.

>>15989115
This.
You think the N5A didn’t play a role in allowing BTC to develop...

>>15988764
NWO coin is a crypto backed by precious metals, thats why they are forcing 5G
Buy metals and hold. Even if i shilled the New World Order currency you cucks wouldn’t believe it

>>15989115
Merica would destroy a gold backed currency by going to war over reserves and manipulating the value of the PM market.

Look at how it turned out for lybia

>>15988728
Whats going on bros
I'm a brainlet and don't understand any of this
Should I be worried?

>>15989191
Old rules, anon. We crushed Libya because we didn't yet have independence from the system we had crafted. We were on the cusp of it then, but we're deeply into it now. The US can eject at any time, and it's one bad day from giving the planet the Great "Bye, Felecia"

>>15989179
go on... shill us

>>15988728
They actually don't know.. cuz muh orange man and al that shit

>>15989202
might be referring to this

https://fred.stlouisfed.org/series/BOGMBASE

and this

https://markets.businessinsider.com/news/stocks/fed-repo-cash-injections-not-enough-solve-lending-issues-jpmorgan-2019-10-1028615337

>>15989179
Go ahead anon, tell us anyway some of us are crazy enough to believe it. Gold backed bitcoin? Stellar Lumens? Fucking Link?

>>15989205
Yeah. With massive farmland and agriculture industry, the most developed electrical grid with the most advanced nuclear power plants, coal and shale reserves, and an exponentially powerful military compared to the rest of the world, we have the foundations to outlast any catastrophe the rest of the world can throw at us. Hopefully a republican will remain in office during the coming storms

>>15989270
Anon...we are the catastrophe. And the rest of the world is not prepared.

>>15989228
(((guys))) shilling the collapse in your 2nd link fronted 80% of the money to fund the project, they’re the founders

>>15989168
owning the reserve currency means you can take other nations wealth by inflation. A bill denominated in usd is meaningless because the usd is not defined by anything. Its demand is maintained by energy being sold only in usd.

>>15989169
it would be nice to think the us has been acting completely unconstitutional for 100 years to facilitate the death of communism. Will have to wait and see.

>>15989191
no shit that's why I said
>I don't think the usd can be replaced by another nation without a war.
The USA going to war with china is ww3, it's not comparable to libya

>>15988821
>>15988829
Fed data

https://fred.stlouisfed.org/series/BOGMBASE

>>15988849
It's weird trump wants a weaker usd but the usd is becoming stronger even when rates where announced to be reduced.

>>15988906
The connection can't be denied any longer

https://fred.stlouisfed.org/series/BOGMBASE

I mean look dude , the monetary base peaked when btc reached it's ath , it stabilized on may 2019 when btc grew and started to collapse again in september 2019.

This is very weird it's almost as if the retards that pumped 2008 are now umpumping it when they should be stabilizing things to be as they where until 2008.

>>15988941
This is what i was thinking that it was to have more power in the trade deal but as you say the executive power has no control over this.

>>15988786
This seems to be the case , but this crap will eventually expand to the usa.
Maybe it's a cordinated offensive to get rid of the welfare states that the left been trying to push into the usa.
If they collapse the us won't be under a threat of a chavist tier socialist or a social democrat cuck.

>>15989223
The fact that this is a big posibility scared the shit out of me , can boomers really be this retarded?
Trump destroying global trade and the fed destroying global liquidity at the same time.

This will end worse than 1929.

>>15989313
>owning the reserve currency means you can take other nations wealth by inflation. A bill denominated in usd is meaningless because the usd is not defined by anything. Its demand is maintained by energy being sold only in usd.

Exactly but the usa is doing the opposite now , it's reducing it's monetary base and is not taking other nations wealth , as a result dollars stoped flowing in the world economy and it's causing troubles.
And they stopped flowing hard 10 years of insane pumping and now 2 of insane cooldown.

>>15988758
>how long until cheap houses?
months not years

>>15989313
>owning the reserve currency means you can take other nations wealth by inflation

The opposite, in fact. Reserve currency is the means by which the US stabilizes the global economy, not the reverse. This is because in order to be the reserve currency, you must have an extremely open economy. While this wouldn't be taken advantage of assuming all other economies are as open, its extremely expensive for the reserve currency's home country assuming any game theory optimization for the non-reserve countries. When countries buy US debt notes, they do so primarily to use that debt reserve to manipulate their currency, generally to artificially reduce it versus the Dollar. It's not just China that does this, but more or less every one of the G20.

If it were simply a matter of the petro-dollar, countries would buy no more than is necessary to make their annual transactions to purchase oil with a minor margin for error and price hikes. But we see countries' Treasury reserves go way beyond that simple amount. Likewise, if it were simply that the US was being propped up by the rest of the planet (as is the common wisdom - wrong as usual) then there'd be little reason for small countries ideologically hostile to purchase USD (given that the US would spend more conducting military exercises in their country than they'd get from those countries) or up-and-coming powers like China or India to make those purchases.

Instead, what Treasury reserves allow foreign countries is access to the American consumer market. And the market was and remains vast: It fueled no fewer than 5 of the current G8 to their current status.

>>15988829
seriously. the monetary base is expanding now. it's basically QE4. what is this retard talking about?

>>15989391
it's not expanding

https://fred.stlouisfed.org/series/BOGMBASE

>>15989313
>it would be nice to think the us has been acting completely unconstitutional for 100 years to facilitate the death of communism. Will have to wait and see.
They are acting that way but its not BTC that will be the reserve currency. BTC was just a test. Their new coin is BTC 2.0

>>15989410
>it's not expanding
If we are to believe that, then wtf? The Fed is injecting billions every month now. Is this because bad debt is drying up or what? I don't get it.
ok, how does this pla

>>15989410
>>15989410
>it's not expanding
If we are to believe that, then wtf? The Fed is injecting billions every month now. Is this because bad debt is drying up or what? I don't get it.

>>15989350
there's no evidence increasing the monetary base reduces the value of the usd when it's not defined by anything, it's been in freefall since 71. It is already guaranteed to loose all value.

>>15989382
I use the most powerful military in all human history to force 80% of oil exporters into only accepting my shitcoin forcing you to keep some of your wealth in my shitcoin or risk energy shortages. I exchange these shitcoins for goods and services and then devalue my shitcoin redistributing your wealth to me.

>>15989445
>I mean look dude , the monetary base peaked when btc reached it's ath , it stabilized on may 2019 when btc grew and started to collapse again in september 2019.
unless the problems is so bad it's just not working...

>>15989446
>there's no evidence increasing the monetary base reduces the value of the usd when it's not defined by anything, it's been in freefall since 71. It is already guaranteed to loose all value.

>>15989446
That explains how the US might do it, but it doesn't explain why everybody who isn't the US bought into it on such an epic scale. China both hates us and is one of the largest users of oil, but their current reserves are almost a century's worth of oil purchases for them. Yet they buy more, and more. And your theory doesn't explain why.

>>15988728
>>15988764
>>15988784
>>15988786
Excuse my tardism but is the US basically like that firm in Margin Call that fucked everyone else in the market, kickstarted a financial meltdown but survived Itself?

>>15988784
Maybe you're not into this stuff. But imho the USA is just a puppet. The endgame is to crash the global economy and to make way for a new global currency. I've had a little birdie tell me that we aren't far from that and that to protect your wealth, you should get into gold and sell that gold into whatever new system they implement when it is implemented. You can't stay in fiat cause it'll be worthless by that time. Who's been buying up all the gold and silver? Who's been destroying countries that want a gold standard? Who are the bankers in the world, how did it all start? The notes we use today used to be receipts for gold. What are they now? Debt. Who's in debt? Actually, not us. But that's the lie we are being sold.

I can't say I fully understand but what I do understand is the level of power and control they desire. Economic turmoil results in war, war results in economic turmoil. The two are inseperable.

>>15989471
Not a bad analogy. The short answer is that the US has cut shipping costs to a fraction of their former costs cuz nobody needs to float navies to keep other navies off their merchant marine fleet. When the US stops doing this (and they already are (and it's bipartisan, started under Obama and continued under Trump), the current global order will fall apart in a matter of months. And the US doesn't really care anymore, cuz its mostly insulated from the effects of this.

>>15989456
printing usd does not change its fundamental value which is entirely from if you want to buy oil you can only do it in usd.

>>15989463
it's extortion, no one wants to use it they have no option.

You realise nixon took them off the gold standard because nations were trying to get their gold back? it was straight up theft. The equivalent of your bank running off with your money and there's nothing you can do about it because the bank is the most powerful military by far.
that is the power of having the world reserve.

The only question is, is the usa completely compromised and just an institute working towards global communism or is it fighting fire with fire until there is a way to stop communism

>>15989445
>>15989450
This is why i made the thread it's very fucking weird.

>>15989504
>You realise nixon took them off the gold standard because nations were trying to get their gold back?

Because Nixon didn't want to spend every ounce of the US' gold reserves on Vietnam. And if the theft occurred then, why do foreign Treasury purchases accelerate above and beyond inflation every year? The answer being that every other country knows something you don't, because you're a brainlet.

>>15989446
>I exchange these shitcoins for goods and services and then devalue my shitcoin redistributing your wealth to me.

The question still remains then why is the us reducing the ammount of shitcoins and making them stronger all of the sudden.

From 1971 to 2008 it's been steady growth from the monetary base.

From 2008 to december 2017 massive growth.

From 2018 to today massive reduction.

It's like instead of normalizing shit post 2008 qe they are no fucking it up in reverse.

>>15989391
Yeah its QE4 but they wont say its that even though it’s exactly what they’re doing
>>15989450
Problem is so bad they will have to go negative IR’s just to keep this ponzi afloat. Hyperinflation inevitable
>>15989446
There is evidence of it, every dollar in existence, or should i say pixel, because 90% of it is all digital numbers on accounts.... every dollar whether that be tangible or intangible further devalues the purchasing power of all other dollars in existence.
“No chance of default because we can just print more money... however.... we cannot guarantee the purchasing power of that money” -FED chairman
>not defined by anything
Petrodollar
>guaranteed to lose all value
inevitable, but they will keep the ponzi alive for as long as they can to MAX those vaults out with real wealth. New price discovery of PM’s is what the new peg will be. Who even knows what they’ll peg it to in the end though. Im guessing its going to be a crypto though.
>>15989463
China funny money is even more rampant than the US believe it or not. I dont believe a single stat coming out of china, they print yuan probably 10fold what US does. GDP of china is like what 11 trillion? Yet they have assets and loans of over 50 trillion? Ponzi scheme if ive ever seen one. I give it 3 years before this shit goes haywire. Global financial collapse. Initiated by chinese. FED will go hyperinflation before they let it go to a recession.

>>15989517
It wasn't his and he'd already spent it, they had 5% of what they were meant to before they stopped the peg.
>accelerating treasury purchases
measure treasury purchases in gold an you'll see the truth. You can measure anything in usd and it accelerates but that's as ridiculous as believing a field was getting longer if you measured it with a yardstick that was getting shorter.

>>15989533
the us fed has no control over the value of the usd. The us military forces demand by the extortion of oil producing nations. That demand is the only thing stopping it from being valued as the paper it is

>>15989588
If you don't believe stats coming out of China you ought to disregard their GDP metrics, as well.

>>15989430
Is it bsv (unironically)?

>>15989603
doesn't look like it.

>>15988728
Who else is feeling fucking comfy about the impending economic collapse?

>>15989602
Yeah you’re probably right. Chinese are lying bastards GDP is probably much lower than they say it is, because their standard of living is dogshit

>>15989612
https://www.youtube.com/watch?v=oZBYqiYxloI
https://www.youtube.com/watch?v=QYRIcD-LRKI

>>15989635
I am. Just keep mirroring the elitists and stack real wealth with them. The collapse will be legendary, normies will scramble to scrape up any metals they can find and will hope they can sell their silverware set that doesnt have any silver in it
Judas sold out jesus for 14 ounces
Would you sell out your friend for $300?
How about a big ass house and nice plot of land?

>>15989482
What kind of timeframe are we looking at for this? If you had to guesstimate.

Looking forward to finally buying a house, and interest rates are crazy right now. Assuming my fiat will still be worth anything.

>>15989655
You need to get out and go see China with your own eyes if you still think China’s living standard is North Korea tier. It has risen substantially

could a smart anon explain how (((they))) are decreasing the monetary base? what's the trick?

Bump

>>15989899
People are losing their wallets

>>15989228
>BOGMBASE
>BOG
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>15990325
Harsh but Fair

>>15989840
North Korea is double dog shit.
China still dogshit.
You can literally find dogshit soup being served there. Not everywhere. But it's a thing.

>>15988728
There will be a global monetary reset.

It is being felt in smaller economies and 3rd world countries first, their plan is to delay it as much as possible from hitting the US because the USD is an american currency that is also the world Reserve currency and if it hits the US then the entire world would fall into deep recession worse than any recession in history.

The plan is to slowly get rid of the USD in other countries which are slowly accumulating gold and getting rid of their USD.

the US suffers for being a world reserve currency, the more countries that adopt the USD the more it has to print devaluing it further with each one printed.

The world is also in too much debt, this debt will be erased, in fact all countries are currently printing as much as possible without limit and spending whatever they can because they know it will be erased.

The New World Reserve Currency will be XRP
the XRP Ledger will also be used to Swap Crypto, currently it is faster sending Bitcoin through the XRP Ledger than using bitcoins own blockchain.

>>15988728
Alright just shut up and tell me how to best prepare for the upcoming collapse. Currently sitting on 22 BTC. Diversify 50:50 into PMs or will my cryptos be enough to save my ass?

>>15988793
>US is on its way out as the global hegemony, can't even strongarm Turkey anymore

>>15989840
>You need to get out and go see China with your own eyes if you still think China’s living standard is North Korea tier. It has risen substantially
not for 80% of the population
they have like $8000 GDP per capita

>>15989840
90% of china's population is urban, they have never even heard of the internet before or what a cellphone is.

China's economy will collapse within 2 years and the CCP will be finished. The only reason the chinese put up with their governments crap is because their economy is being artificially inflated by the CCP. and the people of china will believe any bullshit that they put out through propaganda. but this only last as long as the economy is doing well.

>>15990749
>urban
I mean rural

>>15988728
CRASH IT HARDER UNCLE DON

YOU ARE THE MAN

>>15989115
>BitCoin destroys communism
I'm tired of this meme. The only thing that can deride communism, or the CCP are if the people rise up and overthrow the top brass. Which can never happen because they're not allowed to band together at all, they're big brothered to shit. The party can stay in power forever. America already made the mistake of thinking more economic freedoms would = more social freedoms. It doesn't. And all that investing in China has backfired.

>>15989168
Peak Hyubris

>>15988728
Hey based time traveller. Are you buying bitcoin again?

>it’s bad for the usa to have the usd as the global reserve currency

is this intentionally stupid? the us controls the world money supply and dictates the global economy precisely because other countries have an incentive to use usd. dollar diplomacy is the linchpin maintaining relative international peace. you’re seeing its power being flexed right now OP, this is what conflict prevention looks like. these ripples are inconsequential compared to what would happen if the us was complacent

>>15992111
Maybe trade peace, but not in general. The key to ‘peace’ is having the biggest guns and imposing your will on other countries

>>15989430
Would that be LTC?

>>15988728
The base automatically expands and contracts as needed to keep broad money stable.
A collapsing base could be a sign of economic trouble, but it won't be the cause.

>>15990617
Kek had me till the end. Solid 8/10

>>15991982
No only LTC in December

>>15992990
Why ltc?

>>15988728
You WHAT? We're fucked lads, BLACK TUESDAY IMMINENT!

>>15992990
Please make an AMA thread again.

>>15992111
the USD is not a US Currency, it is a Federal Reserve Currency which the US has to borrow on Every printed Dollar on interest. the FED is a private corporation. The US Treasury is not Issuing any currency other than Coins. the USD is not a currency it is Money.

>>15992566
I forgot this shitty website dosn't allow webm with sound.

https://youtu.be/t06YEtQjVvU?t=162