[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 289 KB, 1080x1580, file.png [View same] [iqdb] [saucenao] [google]
17878511 No.17878511 [Reply] [Original]

>ZERO RESERVE REQUIREMENTS
>ZERO RESERVE REQUIREMENTS
>ZERO RESERVE REQUIREMENTS
>ZERO RESERVE REQUIREMENTS
>ZERO RESERVE REQUIREMENTS

>> No.17878627

>>17878511

AHAHHAAHAHAHHAHAHAHAAHAHAHAHAHAHAHAH

PRINT INFINITE MONEY

BRRRRRRRRRRRRRRRRRBRRRRRRRRRRRRRRBRRRRRRRRRRRRRRRRRRRRR

>> No.17878650

>>17878511
How do leftists pretend we don't still live under a Keynesian system?

>> No.17878654

>>17878511
w-what does that mean?

>> No.17878694

>>17878654
infinite lending

>> No.17878706
File: 21 KB, 640x640, pepe smile.jpg [View same] [iqdb] [saucenao] [google]
17878706

>>17878654
hyperinflation pending, likely imminent

>> No.17878711

>>17878654
Fractional reserve banking is dead
Banks can loan infinite money

>> No.17878714

>>17878511
Guess we're permanently headed towards a cashless society.

>> No.17878876

Good time to get a loan?

>> No.17878877

>>17878711
ERR: DIV BY 0

>> No.17879061

>>17878706
>hyperinflation

Shut the fuck up, retard. You don't even know what you're talking about. People are hoarding money because they literally cannot go out and spend it due to the China virus. The Fed must pump money in order to prevent deflation and keep the economy afloat.

>> No.17879122

>>17879061
Why is deflation a bad thing again?

>> No.17879133

>>17879061
More money in the supply is inflation

>> No.17879134

can someone calculate what the money multiplier will be

>> No.17879157
File: 649 KB, 1000x564, BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR.gif [View same] [iqdb] [saucenao] [google]
17879157

>>17879061
Yeah there's definitely no way that infinite lending can cause any sort of foreseeable problem at all.All's good.Alles Klar.很好.

>> No.17879166

HEY HEY HEY
FEDCONEEEEEEEEEEEEEEEEEECT

>> No.17879171

>>17878511
will probably be perpetual for all eternity now

>> No.17879204

>>17878511
∞X leverage

>> No.17879207

>>17879122
Because you are not allowed to have nice things.

>> No.17879219

>>17878654
Printer goes BRRRRRRRRRRRRRR

>> No.17879276

>>17879061
Why would i not want my cash to become worth more?

>> No.17879285
File: 480 KB, 862x569, 1584363865594.png [View same] [iqdb] [saucenao] [google]
17879285

>>17878511

>> No.17879329

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>> No.17879414

>>17879122
Deflation is a bad thing because it makes the power of your dollar weaker. For instance, if you have to pay a fixed loan, it will cost you most to finance under a deflationary environment than an inflationary environment. The ideal scenario for the Fed would be a 2% inflation rate. In order to maintain that, though, the Fed must pump money into the system via repos so that there is not a spike in deflation. With all the bars, restaurants, and various other retailers closing shop indefinitely, no one can go out and spend money, and thus will hoard it. This has an direct effect on the money supply.

>> No.17879429

>>17879414
imagine unironically believing this

>> No.17879450
File: 117 KB, 1280x720, Mahou Shoujo Tokushusen Asuka.jpg [View same] [iqdb] [saucenao] [google]
17879450

>>17879414
>Deflation is a bad thing because it makes the power of your dollar weaker.

>> No.17879469

>>17879414
>deflation is bad because if u buy things on credit you slightly lose out
>despite the fact that the buying power of your dollar is constantly going up in relation to all the shit you are literally constantly buying just to exist

>> No.17879483

>>17879414
the real reason deflation is bad is because it kills people loaded with debt. Deflation for any extended time would bankrupt the entire system

>> No.17879490

>>17878511
So fed creating money from thin air is not enough, now every bank will do so too?

>> No.17879534
File: 352 KB, 256x256, rmyt.gif [View same] [iqdb] [saucenao] [google]
17879534

>>17879483
>>17879469
>>17879450
>>17879429
>>17879414
who could have imagined that if you let the banks own the currency that you'd wind up with an economic system biased towards debt

>> No.17879558

>>17878650
Do they really? Tax breaks for the rich are also a Keynesian stimulus albeit the mechanism of action is different.

>> No.17879570

>>17879534
desu our nation has been a battle of debtors and creditors since its founding (the debtor's prisons, the real estate speculation, the indebted farmers and the 'Cross of Gold', etc)

>> No.17879605

>>17879483
Most people in America live paycheck to paycheck and don't even have $500 saved in their bank account. These very same people are maxing out credit cards and other forms of loans in order to live. A deflationary environment would ineffably fuck them, which in turn would lead to mass defaults and further collapse of the financial system--ultimately affecting the economy. That's why the only thing the Fed can do is pump more dollars and lower the interest rate and hope for the best. The only remedy for all this would be a cure or vaccine for the Chinese virus.

>> No.17879629

>>17879570
https://en.wikipedia.org/wiki/Haym_Salomon

>> No.17879634

How can I make a bank?

>> No.17879740

>>17879122
Literally the only scenario I can possibly think of is it will hurt our exports; granted we're not exporting shit right now because any country with competent leadership has quarantined itself.

>source: my ass

>> No.17879744
File: 1.71 MB, 695x392, 1485024906338.gif [View same] [iqdb] [saucenao] [google]
17879744

>>17878511
> it's real
HAHAHAHAHAHAHAHAHAHAHAHA HOLLY SHIT

>> No.17879776

https://www.youtube.com/watch?v=p5NePWLVDGk

>> No.17879824

>>17879605
>NOOO NOT THE HECKIN BANKERINOS NOT MY PRECIOUS WECIOUS KEYNESIAN PARASITE CLASS NNOOOOOOOO THE MONETARY SYSTEM IS SUPPOSED TO ENSLAVE THE PEOPLE

>> No.17879834

>>17879605

That or maybe the government can stop being a peice of shit.

>> No.17879836

>>17879483
"all it takes" is to be on the + side of your balance.
deflation amplifies your positive balance as well as your debt

>> No.17879891

>>17878650
Because Keynesian is a buzzword that you don't know the meaning of. This is a monetarist policy, not Keynesian

>> No.17879952

>>17879061
people can still spend / make big purchases from their computer

>> No.17879974

Also deflation is bad because there's literally no reason to engage in any economic activity in a deflationary environment. The Great Depression was as bad as it was because the Fed at the time was run by retards like you guys who were more worried about inflation being too high in the future than the tens of millions who were unemployed at the time, so they kept interest rates artificially high.

>> No.17880004

>>17879834
haha hee hee hee
The government would much rather prefer you in permanent debt slavery, if not, then dead.

>> No.17880072

>>17879414
get a load of this jew, deflation makes purchasing power stronger by devaluing EVERYTHING. Jesus christ you people are horrible

>> No.17880250

>>17879952
see
>>17879005

>> No.17880325

>>17880250
does that stop steam from operating?

>> No.17880450

>>17879974
this.

>> No.17880519

>>17879891
>This is a monetarist policy
8/10 troll

>> No.17880537

so, what the fuck do I do? the financial system is literally collapsing, is bitcoin the alternative? I don't want to die.

>> No.17880550

naisu, this mean I hire goons and kill people now?

>> No.17880554

>>17880250
Quit fucking fear mongering you worthless parasite.
They are PRIORITIZING household/medical supplies. Every other nonessential product is still being shipped out but not as quickly as the essential supplies.

>> No.17880647

>>17878654
what happened in 08 will happen again on top of this dump and we'll bail the banks out again

>> No.17880684
File: 104 KB, 749x807, 1584054960801.jpg [View same] [iqdb] [saucenao] [google]
17880684

>>17878511
It's been fun, lads.

>> No.17880697

Keep in mind that the Fed isn't trying to prevent deflation or cause inflation.
If they wanted to, they could accomplish it with a vastly smaller printing effort by just handing the money to poor people (aka "people's QE", "helicopter money", etc), because they spend it immediately.

Their motivation for zero reserve requirement and other measures is to prop up the financial system and try to keep credit lines open (and spreads reasonable) for large corporations that need them.

>>17880537
Don't buy bitcoin, it acts as a speculative asset and does not hold value during crises.
Just hold cash right now and wait.
Hyperinflation is still a long way off, if it comes at all.

>> No.17880848

>>17879122
Existing debt costs more but doesn’t go away. Assets are worth less but still being paid for (upside down). This leads to repossessions, bankruptcies, foreclosures. Not to mention the side effect that lots of retirement funds are heavily invested in commercial and residential real estate...

People hoard cash instead of investing. Getting a line of credit is more difficult, if not impossible, meaning debt-funded ventures don’t get started.

Prices drop so companies make less profit. So they produce less goods and services. So they don’t hire as many employees. So people have less money to buy things. So they drop prices. AKA deflation spiral

Deflation is what happens during a depression. USA in the 30s, Japan in the 90s. It’s the result of an asset bubble popping.

TLDR Things are cheaper but less is made, unemployment increases. Existing debt is more difficult to pay back. Investment ceases.

>> No.17880850

this is the shit that happens when you meme
>LINK $1000 EOY
and
>LINK FUNDAMENTALLY TIED TO THE PRICE OF A COFFEE CUP
at the same time

>> No.17881092

>>17878511
what the actual fuck

>> No.17881115

>>17879414
LOL keynesians are a literally mentally ill
you said deflation makes the fiat weaker
you are fucking retarded to a point that is almost impossible

1 dollar buys a candy
now due to inflation, you need 2 dollars

how the fuck is that making the fucking dollar stronger you literal jewish thief

>> No.17881160

>>17880004
That's funny because I would certainly prefer the government employees responsible for such decisions to be dead

>> No.17881209

>>17879414
>Deflation is a bad thing because it makes the power of your dollar weaker.
Sir, would you please take out that banker's cock out of your mouth?

>> No.17881224

>>17879414
>deflation
>makes the power of your dollar weaker
Literally exactly the opposite of what happens unless you work in the financial field you absolute fucking shyster

>> No.17881631 [DELETED] 

>>17878654
rich get richer, wagie stays a wagie.

>> No.17881664 [DELETED] 

>>17879061
corona virus is the excuse. (((they ))) are salivating over all of this

>> No.17881668

>>17878876
are you a bank by any chance?

>> No.17881711
File: 2.90 MB, 1757x1824, 1584108012124.png [View same] [iqdb] [saucenao] [google]
17881711

>>17878511

>> No.17881741 [DELETED] 

>>17879414
this is what ou expect. reality is the dollar is stonger than ever, look at the exchange rates in all other countries.

if anything the dollar is getting stronger and all other currencies are losing value.

>> No.17881774

>>17879061
>YOU DONT CONSUME?
>WELL, WE WILL MAKE IT SO YOU CANT CONSUME EVER AGAIN!!!

>> No.17881799
File: 119 KB, 766x742, index.jpg [View same] [iqdb] [saucenao] [google]
17881799

>>17880697
>hold cash
lmfao

>> No.17881818
File: 525 KB, 2443x2331, bfdbac9116724899829b8174dbd4f2b9_6.jpg [View same] [iqdb] [saucenao] [google]
17881818

The dollar will never hyperinflate, because it is backed by oil. Everyone in the Middle East knows that once you start thinking about selling oil for some other currency you will get ((liberated)), so the FED can print as much money as they want.
Theory of economics doesn't apply here

>> No.17881841

>>17881799
Madrid is also approving a £182bn aid package - about one-fifth of Spain's GDP - to fight the coronavirus fallout.

>> No.17881918

>>17879414
All these people replying to this post are factually illiterate.
Moderate and stable, predictable inflation is better than getting raped by deflation.

>> No.17881938

>>17881818
Why aren’t there any in Israel?

>> No.17881997
File: 1.19 MB, 320x284, Hitler serious.gif [View same] [iqdb] [saucenao] [google]
17881997

>>17879534
Which is exactly why we should abolish private banks.

>> No.17882132

>>17880697
>Just hold cash right now and wait.
why the fuck would you say that right now when the opportunity is there for people to stop using the global reserve currency that is the petro dollar

>> No.17882164

>>17879414
But they are buying some things meanwhile a lot of wages are stopped. Could it not more or less even out? If anything I'd think people's savings would dwindle.

>> No.17882185 [DELETED] 

>>17881818
this, you guys dont understand that america is literaly number one

>> No.17882239

>>17879629
>https://en.wikipedia.org/wiki/Haym_Salomon
So America only became America thanks to Jewish Freemasons. Wait until pol hears about this lmao.

>> No.17882283
File: 1.21 MB, 1920x1200, 1584443257690.jpg [View same] [iqdb] [saucenao] [google]
17882283

my parents have six figures sitting in a single checking account. ive been telling them to buy gold for 2 years and now been telling them to cash out of the bank for 2 months. theyre not budging. -millions- of boomers are about to be completely destroyed financially, not to mention pensions.

its unironically fucking over. it feels like were on the first swing upwards towards the climax of the 4th turning. i'll see you bros on the other side i hope you bring at least 1 bitcoin along.

>> No.17882293

>>17880850
Fundamentally based.

>> No.17882305

>>17881997
>central banks
>"private"

>> No.17882332
File: 1.46 MB, 400x513, 1584367383441.gif [View same] [iqdb] [saucenao] [google]
17882332

>>17878654
it means pic related

>> No.17882366

>>17882305
>he doesnt know

>> No.17882399

>>17882305
>fed
>not privately owned
>central banks
>not privately owned and funded

There are no national banks in the west anymore. There hasn't been in decades. All the monetary supply of the west is fundamentally controlled by private cabals completely outside of the control of any individual nation.

>> No.17882497

>>17882366
>>17882399
I'm fully aware that central banks are officially "private", but as you even point out, they are controlled by elite cabals, and these cabals are the same people who control the governments, so it would be completely moronic to say that they are actually "private" in any meaningful sense

>> No.17882531
File: 526 KB, 659x609, anime hitler.png [View same] [iqdb] [saucenao] [google]
17882531

>>17882497
Which is why we should kill the jews.

>> No.17882552

>>17882497
The government is private

>> No.17882579

>>17878511
BRRRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR RRRRRRRRRRRRRRRRRR

>> No.17882590

>>17882497
>I'm fully aware that you're right, but heres why you're wrong

>> No.17882679

>>17882399
>>17882497
>private cabals

why does nobody ever post names and proofs?

>> No.17882685

>>17881938
Because Israel is holding it for themselves and for the UK.
The UK are the ones who brought the white jews from Germany to Israel reason why you can't be anti semetic in the UK.

>> No.17882719

>>17882679
you need proof that the Fed is owned by the nation's banks?

>> No.17882815

>>17878654
Banks can have zero in reserve and still lend as much as they want.

>> No.17882846

>>17882719
everybody always says the cabal leads the world on a string, but nobody ever posts proofs who this cabal is, with names, and proofs. it's always the jews, rothschild, etc. but nobody posts proof outside of something utterly vague

>> No.17882874

>>17882685
No such thing as “white” Jews sure they may have a light complexion and blend in but their religion/synagogues teaches that whites are their number one enemy. They hate us all and want us and our children dead. They laugh about raping our children and drinking their blood. No joke. Jewish evil is beyond comprehension

>> No.17882921

So what do I withdraw into? Cash is fucked, crypto is fucked, and I can't afford 1oz of gold

>> No.17882962

>>17878511
We magic money now

>> No.17883019
File: 89 KB, 956x960, hitlerbank.jpg [View same] [iqdb] [saucenao] [google]
17883019

>>17882497

>> No.17883020
File: 32 KB, 419x610, 1567984859044.jpg [View same] [iqdb] [saucenao] [google]
17883020

>>17879414
>Deflation is a bad thing because it makes the power of your dollar weaker

>> No.17883022

>>17879974
People still need to eat. If they will buy less useless cheap made in china shit, only for the better.

>> No.17883043

>>17882815
To add to this its not much different from a 10% reserve rate. It simply means they dont need any deposits in order to lend.

With a 10% reserve rate they would take your $10 deposit and then be able to lend out $90 to other customers, with your tenner being 10% of 100. Many people cant wrap their heads around this act of banking magic

Its a very desperate move, probably unprecedented

>> No.17883081

didnt this shit almost collapse the european banking system

>> No.17883082

>>17883022
>If they will buy less useless cheap made in china shit
The first thing people stop buying when they're poor is shit made outside of china lmao. Chinese phones will be all people can afford soon

>> No.17883106

>>17883043
>It simply means they dont need any deposits in order to lend
How can this possibly NOT lead to an infinite lending spree

>> No.17883135

Anyone not buying gold is sitting on a pile of worthless green paper right now.

>> No.17883180

>>17882921
silver

>> No.17883418

>>17882846
the Fed is a cabal in the same sense of the word that OPEC is a cabal
further, unlike OPEC / oil industry, banking naturally leads to closer coordination among its member firms / leaders, as they need to coordinate for things like clearing and policy

>> No.17883434
File: 90 KB, 1024x674, cringeplane.jpg [View same] [iqdb] [saucenao] [google]
17883434

Why doesn't someone make an alarming video to trick boomers into mass withdrawing money from their bank accounts? That kind of content would then be spread onto facebook/whatsapp and with maybe 1000 usd bought into fake views (that's 1 million views) it could be easily turned into a self-reinforcing full blown panic
People will share that shit with their loved ones because they don't want them to be out of fucking money when ATMs stop working

>> No.17883499

>>17883106
see https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf

>> No.17883504
File: 1.12 MB, 1088x928, woof.png [View same] [iqdb] [saucenao] [google]
17883504

>>17883434
What fucking difference will it makes no that there's zero reserve requirement anyway?

WE CAN DO OUR OWN QUANTITIVE EASING NOW ANON

>> No.17883514

>>17883106
>How can this possibly NOT lead to an infinite lending spree
Good question. Basically, banks operate like this:
>1. Borrow money at a low rate (eg 1%)
>2. Find someone who wants a loan and can pay more than that (eg 5%)
>3. Lend that guy the money they just borrowed
>4. Profit off the 4% difference

The 2 major obstacles that stop infinite lending right now: banks have to be able to find borrowers who they trust won't default, and who are willing to pay a significant interest rate.
Both of these parameters are more difficult in downturns.

>> No.17883682

>>17878654
It's like infinite money cheat codes.

>> No.17883741

>>17879061
So everyone will be sitting at home without being able to go out and earn money, without being able to spend money and now their money will be worth less and less every day at an alarming pace?

>> No.17883801
File: 114 KB, 1024x698, Flavortown.jpg [View same] [iqdb] [saucenao] [google]
17883801

>>17883514

BUT ANON

If THEY LOSE MONEY

they JUST LEND EACH OTHER MONEY

Magically eliminating the loss!

BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Am I even wrong here? I don't actually see why they can't just do this now.

>> No.17883802

>>17883514
with zero interest rates and zero reserve requirements, nothing stops infinite lending

>> No.17883990

>>17878654

To Infinity and BRRRRRRRRRRRRRRRRRYOND

>> No.17884005

>>17883802
And the inevitable collapse

>> No.17884060

>>17879629
I fucking love jews

>> No.17884087

Bullish for crypto

>> No.17884101

>>17883801
They are doing that since 2008

>> No.17884149
File: 52 KB, 512x512, theend.jpg [View same] [iqdb] [saucenao] [google]
17884149

https://www.youtube.com/watch?v=ZeMlQEWEg2Q

>> No.17884233
File: 15 KB, 261x199, kekk.jpg [View same] [iqdb] [saucenao] [google]
17884233

>>17883990
underrated as fuck

>> No.17884249

>>17879414
>Deflation is a bad thing because it makes the power of your dollar weaker.
>deflation
What

>> No.17884295

>>17881918
You know whats better than supply changes, up or down, like some sort of low grade shitcoin for no reason other than “muh economy”? SOUND MONEY.

>> No.17884304

>>17878654

All of your savings are worth significantly less now than they were two weeks ago.

>> No.17884587

>>17883802

What's stopping the banks, especially the small ones, of giving out loans for much smaller but tangible collateral (cars, real estate, whatever), then taking the default on the chin and pocketing the collateral?


is this it? we mad max in 12 months?

>> No.17884645

>>17883741
No, they'll realize that their money is losing value and start spending/working again

>> No.17884756
File: 8 KB, 236x214, 324h3g45jhdsfd.jpg [View same] [iqdb] [saucenao] [google]
17884756

>>17879061
C O P E

>> No.17884821

>>17884587
nothing, that's exactly what happened with subprime back in 2008

>> No.17884842
File: 2.80 MB, 480x199, giphy.gif [View same] [iqdb] [saucenao] [google]
17884842

>>17879414

>> No.17884856

>>17884587
also, the banks pocket the collateral, but still owe the central banks a shitton of debt, so ultimately the central bank steps in with asset purchasing programs, viz. QE, and thus in the end the central bank will end up owning everything

>> No.17885151

>>17878654
Silver to moon

>> No.17886038

>>17878511
People are looking at this the wrong way. Normally, banks need to have the reserve requirements so that they don't go to 0% during good times. The implication here then, isn't just the infinite lending, but that the fed believes banks will need to use that 10% to say afloat in the coming crisis.

>> No.17886168
File: 30 KB, 300x301, nervapu.png [View same] [iqdb] [saucenao] [google]
17886168

>> No.17886248

>>17886038
if the fed were concerned about that, they would perform QE to swap the bad assets with reserves

>> No.17886271

>>17881160
Why not kill them then.

I mean, it sounds crazy, but is it?

>> No.17886457

>>17886038

that could be the reasoning:

>banks are wary of lending each other
>the shitloads of repo operations to keep the 10% reserve rate daily
>T bills (needed for collateral for the repo operations) are selling like hotcakes (see the tbill yield)
> Not enough Tbills

so some banks are having trouble keeping the measly 10% of reserves every day, as new bad news gets to the market and all their leveraged asset and operations turn to shit.

Then, finally, some genius says "fuck the 10% reserve".

all of this doesn't make the possible unintended consequences go away

>> No.17886473

>>17879414
>powell posts on biz
fucking hell

>> No.17887221

>>17886248
not bad assets, just bad cashflow, that is to say, the banks will need to use the remaining deposits to avoid death

>> No.17887249

>>17886457
Of course, but the cause I listed terrifies me more than some more BRRRRR

>> No.17887484

>>17878711
What does this mean for housing prices?

>> No.17887541

>>17879836
it cripples the economy because nobody will buy shit any more. why buy a car now if you can buy it in 6 months for half the price? why buy that tv if with the same money, tomorrow you can buy a house? there must be inflation to encourage spending, else the economy grinds to a halt. inflation is the oil of the economy

>> No.17887682

>>17879157
z0mg my sides

>> No.17887687
File: 38 KB, 849x618, file.png [View same] [iqdb] [saucenao] [google]
17887687

>>17887541
>an economy without inflation is impossible

>> No.17887731

>>17887687
isn't _weird_ how the fed has this dual mandate of price stability + full employment, yet it was only after the inception of the Fed that prices became anything but stable?

>> No.17889368

BUT WHY?

Feds aren't totally stupid. They must know this will cause hyperinflation. They MUST.

WHY DO THEY STILL DO IT?

>> No.17889457

>>17889368
Except that it doesn’t, hyperinflation requires a lot more than what is done here right now. E.g. Check zimbabwe with inflation rates of over a million percent

>> No.17889459

>>17889368
MONEY PRINTER GO BRRRRR

>> No.17889527

>>17880697
Theres a different thread going on stating there is a helicopter on its way, also my gender..

>> No.17889555

>>17889457
So this isn't devaluing our currency?

>> No.17889579

>Print infinite money
>market recovers
Dont forget their "friends" are picking up sweet deals while the rest of the dumbass feeders are out panic shopping for toilet paper.

>> No.17889623

>>17889579
+ over 9,000

Git gud

>> No.17889655

>>17878511
so can I just open my own bank now?

>> No.17889705

>>17889655
yep, and borrow money from the fed to loan out

>> No.17889760

>>17889555
Sure, but to start crying about hyperinflation is not realistic. As if they will burn the entire country to the ground for what reason???

>> No.17890100
File: 1.19 MB, 400x513, brrrrrrrrrrrrrrrrrrrr.gif [View same] [iqdb] [saucenao] [google]
17890100

>>17889760
desperate, but miserably failing attempt to keep it afloat
and it's not "as if" at this point, they are doing it right this very moment

>> No.17890212

The next generation will despise and possibly hang us for this, and rightfully so.

>> No.17890274

>>17878711
Does this mean I should take out loans?

>> No.17890296

>>17890274
No

>> No.17890315

>>17878654
i sure hope you have $5000 saved up to buy a loaf of bread in (sealab) 2021

>> No.17890584

>>17879061

Dude, have you ever watched The Money Masters or https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdipidHkTehs1VbFzgwrq1jkUJ

because they literally predicted this exact scenario hundreds of years ago. It's why Andrew Jackson fought the banks.

In a hyperinflationary collapse of a currency, there are three distinct phases:
>deflationary collapse
>hoarding due to uncertainty
>panic spending

The more money is pumped into the hands of spenders, the more the potential builds up. People aren't going to spend their money in times of uncertainty. Until the uncertainty is over. Then they have the certainty that if they don't spend their money quickly enough, prices will be higher or products will be gone.

If you start prepping now, you're still ahead of the curve.

>> No.17890958

>>17881115
Tying the dollar to oil through petrodollar is the only thing that made it stronger. That seems to be coming to an end as well

>> No.17891053

>>17890212
i dindu nuffin

>> No.17891197

>>17878706
The coronavirus killed the FED. looks like the treasury is gonna have to do it's thing

>> No.17891260

>>17890958
The US failing in the Middle East was the signal of the end for the petro dollar

>> No.17891287

>>17890296
Why?

>> No.17891305
File: 42 KB, 600x400, toolate.jpg [View same] [iqdb] [saucenao] [google]
17891305

>>17878654

>> No.17891386
File: 2.63 MB, 699x4932, BD3D0BBC-15B3-4A20-8F42-AC2332CBA253.gif [View same] [iqdb] [saucenao] [google]
17891386

>> No.17891464
File: 37 KB, 574x369, Untitled.jpg [View same] [iqdb] [saucenao] [google]
17891464

I TRIED SO HAAAAAARD

>> No.17891576

>>17891386
I love it . Only God can create something out of nothing , so he lives or just work in the Bank?
Ah, probably Gods chosen people do that work for him.

>> No.17891635

>>17891576
I hope this brrrr meme can be used to spread awareness about how demented the modern financial system is.

>> No.17891669

>>17890584
So should I be buying gold?

>> No.17891788

>>17890584
How do I prep?

>> No.17891825

>>17881818
This is most likely the real answer.

>> No.17892041

>>17879122
because our economy always has to grow, goyim! now stop being antisemetic and open your borders

>> No.17892276

>>17878511
LITERALLY DIVIDING BY ZERO

>> No.17892368

>>17879634
>how can i make a bank

just buy XRP ripple.

>> No.17892378

>>17881818
fracking stops now, who exactly is selling oil in dollars anymore?

>> No.17892528

>>17879061
Yo, it's over. The Fed has been doing this for decades. Purchasing power has diminished. Most real wages have not gone up in years. People are working 2 -3 jobs and swimming in debt. Thousands of jobs have been off shored. Mass automation technology is around the corner. The education system is broken. It's done.

>> No.17892565

>>17878511
imagine worrying about jewish overreach lmao

>> No.17892699
File: 40 KB, 491x480, 1508194410424.jpg [View same] [iqdb] [saucenao] [google]
17892699

>>17879414
are you fucking retarded, that is exactly the opposite of how it works.

>> No.17892776

>>17879414
I disagree. A weak dollar is good for currency trading and exports.

>> No.17892824
File: 63 KB, 1266x739, brrrrrrr.gif [View same] [iqdb] [saucenao] [google]
17892824

>>17878654
NONSTOP BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>> No.17892998

>>17890212
>Next generation

I would say everyone in 4 years , this is insane , the early small stimulusthat mnuchin talked is like 30% of the usa monetary base

30% in the first stimulus they plan and the fed is also doing 800b QE4 now.

Almost 45% of the monetary base , or so it seems , not very clear but if that's the case they may have lost their minds.

>> No.17893348
File: 45 KB, 497x424, 1583957199677.jpg [View same] [iqdb] [saucenao] [google]
17893348

>>17879414
I believe.

>> No.17893631

>>17879414
Retard detected.

>> No.17893647

>>17881918
Meanwhile wages have been going down (rising lower than inflation) for decades. How nice.

>> No.17894470
File: 24 KB, 549x465, reserveCurrency.png [View same] [iqdb] [saucenao] [google]
17894470

>>17878511
Just a reminder.

>> No.17894826

>>17879122
Why buy now, if in 6 months things will be cheaper.

>> No.17895339

>>17892824
kek
Now do one with the a10 warthog

>> No.17895351
File: 3.10 MB, 1200x800, brrrgif2.gif [View same] [iqdb] [saucenao] [google]
17895351

>>17878511
haha brrrrrrrrrrrrrrrrrrrrrrrr

>> No.17895362

>>17894826
Why save if in six months things will be more expensive?

>> No.17895410

>>17878654
Banks can now create infinite amount of money for whatever reason to give to anyone for any reason. Meaning there has to be no asset reserve, gold reserve or reserve of anykind to back up the value created. Meaning if joe that owns whatever bank wants to give Linda 1 trillion he can.

>> No.17895455

>>17878511
Didn't Japan have that at one time?

>> No.17895554

>>17895410
There hasn't been gold backed money since 1971. Fiat is valued on behalf of the belief that it is valued. You agree it is valuable because it is the legal tender used to purchase goods and services. Legal tender is a payment of debt. The debt is the loans taken out used to purchase products and services. We are in the fucking matrix my fren. The money is backed by debt. The more people born, the more debt that is created. The more resources needed to supply to everyone, the more we go into debt.

No one has stood up to the central banks. Bitcoin is in fact not independent of the banks because guess what everyone on here and in the crypto space values Bitcoin in? Fiat. Everyone is waiting for Bitcoin to go up so they don't use it like a currency. They hold it like its gold or a precious metal. The thing is it doesn't work independently of traditional markets. It may seem like it does because it's "decentralized", but that's the skeleton of how it is created. Banks can't print bitcoins out of thin air. What they can do is manipulate the market for Bitcoin and change the way it is used from a payment of goods and services to digital gold.

>> No.17895588
File: 401 KB, 1000x786, 1584418503112.jpg [View same] [iqdb] [saucenao] [google]
17895588

>>17895339

>> No.17895812
File: 5 KB, 130x109, 1559976168193.jpg [View same] [iqdb] [saucenao] [google]
17895812

>>17878511
So just like cabled WiFi?
>Federal Reserve
>not federal
>no reserve
This is some Voltaire pasta shit

>> No.17896106

>>17878511
lmao ill start spending once real estate prices collapse

>> No.17896429

>>17880250
>>17879605
>>17879414
i believe you anon
my dad told me to buy a house now because it will be easy to pay off after inflation
friends, the fed injections are astronomical, and comical. we have a serious chance of pulling a japan here, deflation spiral.

>> No.17896521
File: 133 KB, 239x459, 8AD9519C-0679-48DA-B1A0-BBC3B9659784.png [View same] [iqdb] [saucenao] [google]
17896521

>>17895362
food prices will inflate, but housing prices will tank. car prices too.

>>17895554
BTC > ((THEM))

>>17891669
yes. buy huge calls in GLD, a little bit every week over the next 3-4 months and keep rolling your profits into more calls until about 1-2 years after the stock market bottom, when gold peaks. JPY will also moon.

>> No.17896531

>>17879605
i refuse to believe this
i moved to us not even 3 months ago and i already have like 5k saved on entry level wage right after i graduated from shit university in eastern europe and moved to one of the most expensive cities in the us
what the fuck do you have to be doing with your life to have no savings as actual american

>> No.17896593

>>17896531
They must consoom, I guess

>> No.17896614
File: 2.69 MB, 853x480, 1409665090088.webm [View same] [iqdb] [saucenao] [google]
17896614

>>17879414