/biz/ - Business & Finance

>>17139631
Cope commie, also fuck keynes since we are at it.

>>17139631

>>17139725
>hates communism
>but also hates keynes
man people on 4chan are dumb

>>17139736
It gets worse when you try to point it out

>>17139736
>but also hates keynes

Keynes was a fabian communist degenerate that ruined the western world for the last 50 years.
He should have never been allowed into bretton woods , that degenerate curse is the reason why the world has been going to shit since 1970 and specially hard after 2008.

Fuck him and fuck his fabian socialist friends.

>INB4 keynsianism stopped the great recession and communism

No keynes published his shit in 1936 after the great recession recovery was already happening.
And in regard of stopping communism the us gold standard allowing workers to save and own a house is the thing that stopped communism , nobody will vote for commies sacking the land if they own the land.

No wonder the commies love keynes and hate austrians that want to go back to hard currencies.

Milenials now own nothing and will end up voting for a commie thanks to motherfucking keynes.

Also fuck Jannies.

>>17139777
you are a retard. Without deficit and fractional reserve spending capitalism would literally lose to communist planned economies that leverage all of their available capital. Fucking goldcucks and their obsession with idiotic conspiracy theories

>>17139631
ASS TO ASS!!!!

>t. bsv cultist

>>17139793
>t keynsian assraping the world

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

Wake up income in the west has been collapsing since the end of the us gold standard(that the other western nations used to back their currencies).

The end of the us gold standard is also when the west started to lose to planned economies and industry started to be outsourced.

Wages have been collapsing relative to things with low supply(gold , silver housing) since the end of the us gold standard.

Outsourcing is a way of hidding that fact by sending production of small goods to place where relative to gold people earn less.

At this rate we will see commie revolutions in the mid 2020s in half the west because people born after 1986 don't own even a fucking bike due to inflation rising the cost of living.

This generations will end up voting for a commie degenerate, the entire boomer meme comes from the fact that they without education could buy a house while the most educated of today generations can't even buy a car.

Meanwhile shit continues to be outsourced to planned economies.

>Fucking goldcucks and their obsession with idiotic conspiracy theories

Fuck goldcucks crypto is the new standard and the world will soon learn about it.

Less than 100 days until btc ,bch, bsv and xmr go bellow fiat currencies & goldcucks inflation rate.

>>17139808
get out of my thread, Vishnu follower

>>17139631
buy the news, sell the fact?

>>17139808
Based

>>17139845
He is right bsv cultist are keynsian degenerates.

>>17139777
capitalism is good but full liberalism is not working, cause it will cause mass unemployment and liberalism doesn’t take into account people. Keynes day that everybody needs at least a job to survive, even cleaning the fucking table at McDonald, yet nobody is stopping you to gain 1000X, so you still have incentives to perform well
Keynes is more modern and moderate than liberalism
Just think BTC as world cash currency, you will probably kill 99 people out of 100.
Economy needs balance, you cannot ignore people needs or they will chop your head

>>17139881
Pt.2
you have to use BTC as saving account
an other inflationary currency is needed for daily use, otherwise we will all be Amazon slaves in the long term

>>17139828
>”fuck goldcucks”
>spends 3/4 of his post erroneously correlating the gold standard to prosperity

None of those metrics have anything to do with the SUM economic power of a Keynesian economy, which is orders of magnitude greater than communist or gold standard economies. If we hadn’t left the gold standard all of the things you’re bitching about would be exponentially worse, fiat ADDRESSED those problems, it did not cause them

You’re right about one thing, crypto is the next step from fiat. And no, there aren’t going to be any communist revolutions because even now they would lose to any country running on basic Keynesian principles

>>17139881
You have a good heart but a microfocus understanding of the situation.

Now everyone has a job but wages are worth shit as a result we are going to see what happened on chile on steroids very soon in most of the west, once boomers start to retire shit's going to explode ,the economy won't tolerate more tax increases & inflation for much longer.

Milenials, zoomers and maybe genX will want to hang the boomers.
There is a reason why most leaders are boomers and you don't see not even genX into politics , boomers own most of the wealth by a long shot due to accumulating it in eras of hard currencies.

What's coming to the west is a massive disaster caused by keynes we are in the calm before the storm.

>Keynes is more modern and moderate than liberalism

Keynes gave the political class a manual and theorical justification for total takeover.

>Just think BTC as world cash currency, you will probably kill 99 people out of 100.

Yes BTC is a settlement/wire system ideally we should move to a system were governments do their own cryptos and finance themselves with transaction fees.

Of course they won't do that becuase it means lossing power.

>Economy needs balance, you cannot ignore people needs or they will chop your head

Soon they will be choping heads because currencies are worth shit and people have lost reasons to live.
What's the point of living in keynesland if everyone is working 24/7 only to pay rent, not even mortages anymore in most of the west since the plebs are now not even able of getting that.

People are already pointing fingers at each others such as poltards blaming immigrants, social divide is everywhere.
This is all keynes fault his curse has divided everyone and as soon as the boomers retire we will endure something like the roman empire in the third century.

>>17139893
Pt.3
US already has very low unemployment, so it doesn’t need any major economic correction (it is literally the only Keynes target, full employment)
EU has crazy youth unemployment rates, it definitely needs more public spending and lower taxes (and a weaker euro)

>>17139916
>People are already pointing fingers at each others such as poltards blaming immigrants, social divide is everywhere.
>This is all keynes fault
This is liberalism fault
We don’t have full employment like US

>>17139893
Correct the problem is that the keynsian system is now so fucking flawed that the boomers in charge want to replace everything with bank fiat which will destroy the velocity of money and send us in a massive global recession.

>>17139906
>If we hadn’t left the gold standard all of the things you’re bitching about would be exponentially worse, fiat ADDRESSED those problems, it did not cause them

Absolute nonsense under the gold standard every western country was building nuclear power plants every few months , the us was landing on the moon every few months a boomer could buy a house saving 2 years of his wages.

Even inflationary economies during that time had good social order and prosperity such as latin american countries and saw massive gdp growths even in massive political crisis.

The return to fiat money is the worse disaster that even happened in the history of mankind.

Nuclear power plants?Nope you can't build them because due to inflation you can't even budget them.

Going to the moon?Fuck that shit you can't budget anymore long term(The current SLS moon mission is so overbudget that will probably never fly).

Houses for 2 years of wages?Nah we need lot's of jobs , print money so the plebs have jobs and don't bother us.
Now how many years of wages does a house cost?Decades?(only exception tp this are some burger republican states with low taxes).

>And no, there aren’t going to be any communist revolutions because even now they would lose to any country running on basic Keynesian principles

That's were you are wrong , the future is venezuela, marxist larping as keynsians inflating the currency to hell and supressing any revolt with soldiers paid with the printed currency.

The writing is on the wall.

>>17139932
it's happening everywere ,countries with full employment like the us or chile are imploding socially because even those that did everything right are forced out of the housing market , can't buy shit due to taxes.

So far they supressed this shit with social media and telling everyone born after 1985 to travel and spend money because muh happines, now you have 30 years old that don't have anything to live for.

And all this shit is happening on a growing economy mind you, we are in the calm before a massive disaster.

>>17139921
>EU has crazy youth unemployment rates, it definitely needs more public spending and lower taxes (and a weaker euro)

But the reason of the crazy youth unemployment is crazy taxes and regulations.
Look at spain boomer pensions are higher than milenials minimum wages.

And the boomers keep voting keynsian socialist to tax the youth, and this is happening with most boomers still working.

It's going to be a cathastrophe the us is the only western nation attempting to change this.

Canada , Australia , the eu , latin america , everyone else fell for the keynsian meme of high spending high taxes and their economies are slowing down hard.

>>17139950
>Absolute nonsense under the gold standard every western country was building nuclear power plants every few months , the us was landing on the moon every few months a boomer could buy a house saving 2 years of his wages.

The gold standard functionally did not exist in the 20th century, Bretton Woods was convened specifically because gold WAS NOT WORKING. It was a scheme to transition fully away from gold to the US dollar as a vehicle for growth. Boomers had so much buying power not because of the “value” of their money, but because there was an absolute explosion in production following Bretton Woods and all the capital it brought in.

Nor does wealth inequality prevent nuclear power plants from being built or moon missions from happening, the US could easily build more plants at a rate far exceeding that of the 1950s, the will just simply does not exist

The gov't benefits the most from inflation because they control the money supply. When you can increase the money supply at will, you essentially give yourself more purchase power. It's a hidden form of taxation. Every state in the past that inflated their currency ended up collapsing. Think about it.

>>17140006
Yes the gold standard in the bretton woods system was kind of a meme , nonetheless was a meme forcing the politicians around the world to mantain a balanced budget.

>Boomers had so much buying power not because of the “value” of their money, but because there was an absolute explosion in production following Bretton Woods and all the capital it brought in.

Nope the inflation was low , thus the price of things with low supply like housing did not inflate.

>does wealth inequality prevent nuclear power plants from being built or moon missions from happening

You can't budget shit with inflation so out of control, yes the us may have 2% inflation but this is a general number of a few goods , the inflation on most shit is probably way above that.

You can't build long term 10 years project like nuclear plants or the apollo program if the currency inflated so much , you can't simply budget shit.
Things like the SLS or the james webb telescope are overbudget like 15x , the f35 project has been so overbudget that it's already 12x the cost of the apollo program inflation adjusted.

Look at this shit anon and honestly tell me that the boomer wealth was due to "explosion in production".
Fact is that everyone born after 1970 has been fucked more and more to keep keynes shit working when it does not work.

>the will just simply does not exist

No shit which politician will push for projects he can't even budget properly , things like big dams are now financed by the world bank or shit like that due to how overbudget they end due to inflation.

>>17139777
>nobody will vote for commies sacking the land if they own the land.
so... but now...
huh

>>17140627
Now the keynsians have pumped the economy so much that only boomers own shit and little genx.

The rest are serfs that will soon outnumber the boomers and vote to sack the land.

>inb4 the goods will pass by generations.

No they will probably be bough by chinks buying property to hedge against keynsian inflation.