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>HAHA MONEY PRINTER GO BRRRRRRRRRRRRRRRRRRRRRRRRR
So like, what's even the point of money if the feds can just do whatever they want without actually having it there and then?
>>18023082china shill. the USD is king, deal with it. the FED could print 100 trillion per hour and it'd still be king. buy bonds or die.
>>18023082>"""""Smooth market functioning""""
GASGASGAS
THis is brilliant
>>18023082WE ZIMBABWE NOW
Bbbbbrrrrrrrrrrrrr
FASTER
Apparently they're going to give everyone thousands of dollars a month to spend and are also going to buy up all stocks so they don't ever go down againThis is bullish
>>18023242Yes
This is unreal, how does anyone see this as a positive? The Federal Reserve is controlled by various banking corporations from various cities and they're basically saying they'll just print as much money as needed so they dont default and crash. How is this good?
>>18023284It's the beginning of Hyperinflation. Were finished
>>18023284It’s not buddy. This is very bullish for crypto though, if you’ve been paying attention this is exactly what we’ve been saying will happen and everything is basically right on track
>>18023284>Good and competent people are saved>Poor and incompetent people are purgedHow is that not good?
>>18023284you clearly don't have the mental capability to see the bigger picture. go read some books then maybe you will see. until then just don't write because you're not as smart as you think. this is all working out perfectly. put faith in the dollar, in bonds, and in stocks.
>>18023284Well anon the great comedy known as post WW2 America is finally ending, and I'm kind of glad
>>18023314>Good and competent people are saved>people who borrowed money at 0 interest rate to inflate their own stocks and make a quick buck while leaving their big companies on the brink of a crash and then asking for the gov to bail out their retardness.fuck you, they are not good nor competetent, just psychopathic.
>>18023354Wall street traders are the most productive people in America. Minwage workers are parasites.
looks like FED going full Zimbabwe of money printing
Bears always lose in the long run
>>18023316>you’re wrong>i could tell you why but i wont ill just tell you to go read books haha check mateFuck off pseudointellectual boomer your 401k is fucked
Buy my bags filthy tax payers
>>18023489Nah
>>18023316Ok? Just stating my thoughts mega-brain. Care to elaborate?
Germans know where unlimited money printing leads
>>18023354Learn to play the game moron.
>>18023532thats a guy
>>18023082Okay, how the fuck they are getting away with this ?
>>18023594biggest military in the world nobody to stop them
>>18023644Are you sure about that?
>>18023082>tfw still expected to pay taxes
>>18023754yeah that's how they got away with it so far
>>18023644>nobody to stop themAhem
>>18023082>futures surge>freefalling againwe need to go beyond brrr
>>18023082
>>18023242
>>18023119Money is used in exchange for goods and services.
>>18023082Everyone knows this is going to hyperinflate though... Do we all just pretend it won't happen?
>>18023432Bears are predators. They seize the highly-nutritious prey, eat it and wait for a new one.Bulls have to eat low-nutrition grass all the time.
>>18023312When do I retire?
>>18023557Thank god we have debit cards now, no more wheelbarrows!
If it works in Zimbabwe then it works for America and the rest of the world too.
>>18023242No. Learn modern monetary theory. The US dollar is king.
>>18023644What if I told you analog systems are hackable through digital transmissions?
>>18023451And you’re an ancap retard who think the Austrian School is legitimate.
>>18024026When u start buying smart things like zano
>>18024054US Dollar won’t be king when it’s worthless, and it WILL be worthless if trillions can be magicked out of the air whenever the FED chooses.
>>18023557>>>http://4chan.org/pol1922-1929 Weimar Republik was the golden age of German history, both economically and culturally. If that austrian moustache idiot did not rise to power, Germany would be a sole european superpower by 1950s.
>>18024198Nope. Literally will never happen.
>>18023922
>>18023538>>18023451>>18023957ok, so you clearly lack all background knowledge on economy and couldn't even run a household let alone a country.these 3 books are the BARE MINIMUM anyone who wants to argue about economics has to read and ACCEPT. until you can accept these as the holy bible of how finance works, you do NOT understand economics. once you have processed and understood them, you can come back and we can have an argument.these are like axioms therefore cannot be explained. once you have accepted them you will see how the economy is going on a perfect track right now and we're all going to be fine and the fed is doing absolutely great.
>>18023284In theory this is completely stupid and a bad thing, but in this current kike clown world it’s unironically bullish , facts and logic do not make sense here
>>18024227ok Jerome
>>18024322>>18024369Emperor's New Clothes bullshit
time to invest in forex and crypto
>>18023119Thats exactly the point of it
>>18023122>buy bonds or die.Are you fucking retarded?How is now the time to buy bonds, either you use dollars to buy stocks you deem cheap or you buy pms Dollar will lose in this, atm it might still gain but you dont want bonds in some months
>>18024654see>>18024322grow some braincells.
>>18023977Tbh this is a fucking good comparison
looks like people are awake and realize what scam whole FED isand when you look markets, this unlimited money printing isnt working, people know that its destroy US dollar, Gold and Silver is up, stock markets down
>>18023122It could not print that much
BUY BUY BUY. BUY THE DIP!Save my 409k!
>>18024688>>18024322>read book>book has only truth>dont think>accept book You compare it even to the bible ffs Grow some braincells and think for yourself instead of pretending to not be a brainlet by copying stuff others thought
>>18023082There's no way the FED is going to make up for the gdp deficit this year. Nuh uh. 0 chance.
>>18024711Destroying the dollar is the pointDestroying the dollar erases debth, this will make stonks go up as soon as inflation is hitting
>>18024711>Gold and Silver is up>can finally sell my precious metals>money no longer has any valueayy lmao
>>18024885> to save the economy we must destroy the economy
>>18024837He's trolling. You can tell from the books he posted and the language he used that he's being 7-layers of ironic on you
Is this good or bad
>>18023284Trump sees it as a positive because he still thinks he can get the numbers up, claim he was better than Obama, and pass the hot potato down the road. He doesn't actually care or know how to govern or handle the needs of the people. His supporters also aren't the brightest - they are literally mathematically illiterate and cannot comprehend the concepts of exponential growth or hospitals being overwhelmed. They really cannot envision the economy grinding into a more permanent halt if the consumer base with the most liquid on hand is dying and having their financial corpses picked by the state, nor can they envision the average wagie no longer getting easy hospital access for regular health problems causing monkey wrench problems for all businesses in random areas.Because they cannot envision the magnitude to which tomorrow's suffering can reach, it makes having to choose a responsible decision today seem like pointless suffering. They can only react, like animals. With each passing day, they prove their lack of IQ and their lack of humanity. They may be worse than the plague itself.
you have activated my trap card
>>18023122Kys kike
>>18024977new subprime bubble in the making
>>18023082>We are going to issue unlimited bondsThis is the thing singularity-tinfoil-hat-meth-eaters have been waiting for. Beyond the more obvious consequences of melting the dollar and causing hyperinflation, we're looking into a more subtle, underlying problem of the complete erosion of trust in creditors and contracts. Buybacks were outrageous enough but this is a whole new level in recklessness. If they really do start issuing 3 trillion, 5 trillion, etc. to signal the market it will be just like Enron but on a global scale. I hope they turn off the switch in time but if not we're looking into a world war scenario even when and if the pandemic is removed.
>>18023314Imagine believing this AHAHAHAHAHAHAHAHAHAH
>>18024944>fiat currency that is currently used is the same as the economy Helicopter money is unironically based, enough of it erases debth, corporate debth is the problem the economy has Also it isn't a bank bailout, the only ones losing out are people hoarding fiat (which is stoopid) and moneylending rat people >>18024945Your probably right>these are like axioms therefore cannot be explained.This really is too fucking stoopid
>>18025071>we're looking into a world war scenario even when and if the pandemic is removedTrump is already getting the astroturfing ready for the war with china as a last stop measure. Unironically look at /pol/, as well as his actions to see the astroturfing, priming people to be ready to go to war with china if necessary.
>>18025071any idea why they're doing this is it just pressure from trump ?
>>18023316>no argumentKys kike.
>>18024322top lel>The Great Unraveling>A Memoir of Crisis and its Aftermath
>>18025071Just relax, this is going to blow up into an hyperinflation and there is little they can do to avoid the inevitable.
>>18023082NO BRAKES
>>18024322Despite the stimulus the market is down and the 10y yield is below 1%. Where is your god now?
>>18023405>wallstreet traders are the most productive peopleAHAHAHAH HOLY SHIT TELL ME YOURE NOT THIS DELUDED. What the fuck do they produce? They literally just funnel money in the worst joke man kind has ever created.>min wage are parasitesOk kike get the fuck out biz is an honorary pol board
>>18024054You might be the most retarded boomer I've ever seen.
>>18025150>Unironically look at /pol/
>>18024198Dude. I'm a third worlder. Shit is hitting the fan globally. Everyone is fucked. Every country will hyperinflate in some way and the dollar is a hedge for most of us. In short it's not how fucked up the dollar is but how fucked up in relation with other currencies.
>>18023405>people who leech the system and produce nothing useful outside wrecking the economy are cool>people who actually do productive work are badthis is your brain on quantitative easing
>>18025218It's true though, ever since the election /pol/ keeps getting an influx of normies who vote for Trump. With prominent leddit subforums getting hosed, they all migrate to /pol/ so it's a perfect platform for putting ideas into the minds of people. It's just like how people shill shitcoins all over /biz/, people can shill political ideas and thoughts over /pol/ on a larger scale since they have more unique viewers.
>>18024322You're not going to make it boomer.
>>18024322dude you're so fucking retarded lmaopls tell us you were trolling
>>18024263Or rather, you’re wishing it won’t happen, mutt
>>18025287go salivate over a roastie in a wheat field you retarded stormfaggot
>>18024322Ok nice bait was hard to catch on to
>>18024227>1922-1929 Weimar Republik was the golden age of German historyHAHAHAHAHAHAHHAHAHAHA t. german historian
Isnt basically every country in the world BRRRRing equally as hard right now? I remember Germany saying that they would give unlimited handouts to the DB to keep it alive.
>>18025432yes exactly, which will lead to inflation not inbetween currencies, but to inflation of goods and services.
>>18025432>Isnt basically every country in the world BRRRRing equally as hard right now?not quite as hard, but same same. Will this be the end of central banks?
>>18025130>Helicopter money is unironically based, enough of it erases debthHow does helicopter money do anything?>oh I see everyone's got a thousand extra dollars per month to spend time to increase prices everywhere lol
>>18023082BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
>>18023082https://brrr.money/
>>18025166I think they are buying time. Combining the uncertainty of the current pandemic with rising unemployment and a simultaneously free fall+bear markets is not only bad for elections but might cause general social uprising. They are trying to force low unemployment and market stability to gain time for a vaccine or other measures of alleviating the pandemic.
>>18025549Lets say you have 10000 dollars debth Now everyone gets 1000 dollarThe value of commodities stays the same as the ammount of available commodities didn't changeThe dollar loses in value The ammount of dollar you get per hour of work will increase as you still need food n stuffYour debth is still 10000 dollar but now you have to work less time to make it back, your debth got devalued with the dollar
>>18024054Aoc please go
>>18025513>Will this be the end of central banks?Central Banks were created in order to keep inflation/deflation in check, not to save the investors after a bubble burst.
pls explain the BRRRR meme
>>18023314printing money erodes savingsit's essentially: steal people's savings and give it to corps
>>18025689>The value of commodities stays the same as the ammount of available commodities didn't changeWhy would they not? Retailers everywhere know that everyone's got tons of extra spending money now and that they can therefore afford to raise prices and increase profits.
>>18023316>go read a bookI did, and it says that massive money printing always ends in economic ruin. Stupid fucking redditor.
>>18025689>Your debth is still 10000 dollar but now you have to work less time to make it back, your debth got devalued with the dollarIt works the first time, but the next time you want a credit, Mr. Shekelberd will demand a higher interest rate to cover for the risk of further devaluations.
>>18023314that's the exact opposite you stupid nigger kike
>>18023314Oh yes of course, the coal miners and cashier operators are idiots for working 60 hours per week, while the wall street executives are soo much better for gambling their money on the stock market. Hmm, I wonder which person has more integrity
>>18023082People act like QE is free money when in reality these entities have to give up assets. Essentially it's a balance sheet maneuver hence why inflation doesn't spiral out of control.
>>18024322This is bait right?
>>18025749It’s the sound te money printer makes when printing money
>>18025867Explain
>>18023119There isnt. The USD is finished.
>>18023316T. Banking nigger spotted.
>>18025192ON THE RAPE TRAIN
>>18023316>>18024322
>>18023405Imagine licking boots this hard. Notice how the country is running only because wagies are out there, not traders or wall st cucks
>>18025867They are buying junk assets at this point.
>>18025780Stop valuing stuff in dollarsDollars are just numbers, the price of the commodity goes up but its value stays the sameNot the commodity is worth more, the dollar is worth less If you want more detail what will happen to commodity prices i guess basic stuff will profit a bit more from helicopter money compared to luxury stuff >Retailers everywhere know that everyone's got tons of extra spending money now and that they can therefore afford to raise prices and increase profits.This is part of the idea, and the retailers can pay their loans now easy because they didn't lend value, they lended dollars Helicopter money is the fairest way to cause inflation and thus keep the economy running >debth is such a horrible construct, professional moneylending should just be outlawed really
>>18023082Jesus christ guys, yesterday one ounce of gold was 18'800 NOK, today it's 22'000 NOK ;(
>>18025895Fed isn't just giving out money. They're exchanging dollars for assets that banks hold. It's the same concept with repos, but different assets. As fed buying assets decreases the yield on them, it helps out when interest rate policy loses effectiveness. It also increases liquidity.
>>18026015*(And all the bullion houses are sold out!)
>>18024023I thought you germans loved paying in cash? From what I recall very few stores take debit cards
>>18025923>countries will just stop doing business with the largest economy and largest military on the Earthlol no
>>18026008what's with commies and these boot licking fetish?discord was a mistake
>>18024322This has to be bait? You're REALLY recommending keynesian kike trash as means for understanding economic theory. How about you read the Case for Gold by Ron Paul or literally anything by Von Mises you absolute fucking smooth brain retard.
>>18026009So what?
>>18023311Nah it’s unlikely we’ll even see above average inflation. This virus is threatening to wake people up to the massive waste in the current economic system. Millions of people commuting to the office everyday wasting 1-3 hours just sitting in traffic are now working from home and within 6 weeks will start realizing they function better outside the office without Karen distracting them with gossip about her ex in accounting and Bill harassing them to join his fantasy football league next season. It’s triggering a deflationary spiral. Demand for Retail and Office space was already contracting and this will be a nail in the coffin. Boomers will figure out how to use uber eats and people will figure out that dining at restaurants is a luxury. Moms will finally spend time with their kids and not want to go back to the office. This virus and the shutdown are threatening to kill off large sectors of the legacy economy. When we grow too efficient too fast that creates deflation which is a deadly situation for an economy based on meaningless consumption.
>>18025807I don't want credit Credit is the thing thats fucking up the economy again and again and again and it is destroying lifes en masse Stupid people get talked into debth by scum people and they are slaves the rest of their lives
>>18023902why is there a fucking anime for EVERYTHING, from overclocking your CPU to fucking overinflation in the form of zimbawe dollars
>>18026069animegirls are cute
>capitalism is the most efficient and logical way to run society>as long as you ignore that every 10 years now it collapses and needs infinity money poured into it by government
>>18026107>market manipulation by the central bank in the form of artificially low interest rates and quantitative easing is capitalism
>>18026044>Case for Gold by Ron Paul
>>18026057Speaking with you guys is like talking to a brick wall your a fucking idiot and 2 million people just lost jobs
>>18023405
>>18026107This. The fact that companies used free cash flow for stock buybacks instead of investing in workers, capability expansion, or having a rainy day fund is proof that companies are just run by kikes who only care about dividends. I swear to god if Boeing get a bailout, I am never paying taxes again. Take me to jail I dont fucking care. I am done participating in the "private profits, socialized losses" jewish scam.
>>18025150>Unironically look at /pol/Yeah. I can imagine the terror on Wang's face when they paratroop these patriotic devil-dogs deep into China.
>>18026107The government is trying to create inefficiency. We don’t live in a capitalist system. We live in a nigger welfare serfocracy. The government uses the efficiencies and productivity of capitalism to generate waste and then justifies its existence by managing the waste(including people) it produces.
>>18023644The taliban stopped them
>>18026057don't forget the massive waves of suicides starting with females this year and males by 2030.
>>18026207that fat guy in the middle is super based tho
>>18026229They'll drop him with a cargo chute.
>>18026107We aren't a capitalist country, and haven't been for almost a century, retard.
>>18026173->Reduction in production(layoffs, no new hiring)->increased unemployment All part of the deflationary cycle. Try thinking for 2 seconds before sperging out.
>>18026092No they're not, they're simple idiotic juvenile drawings that all look and act exactly the same and it shows how retarded and sad you lonely pathetic fuckers are. They are the opposite of art, artistic expression, and beauty, and reflect the mass retardation and degradation of society.
>>18026219LOLNO they were just a good excuse to have a 20 year war to keep pumping the war machine
>>18025600How based can one anon be??
>>18026219>you can stop the US military by running into the countryside and blowing up your own population centers for 20 years in a row after the US effortlessly annihilated your actual military, so that after they give up trying to wage a war of complete extermination and go home you're left with a bombed out husk of a country that is both culturally and economically in ruinsWoo
>>18026219<tfw the taliban would not have stopped the soviets if it wasn't for massive arming campaign from USA
>>18026207In awe at the size of this lad
>>18026266
>>18025150Goddamn libs are fucking retarded. The Trump Derangement Syndrome has completely compromised their already retarded brains. Their mental illness has reached dangerous levels.
>>18023644Lightning within 5
>>18025208>biz is an honorary pol boardHAHAHAHAHAHAHAHAHA you type that right after typing that the stock market is some massive cruel joke because you're a poor Nazi incelHAHAHAHAHAHAHAHAHAHAHHAholy fuck laugh at this faggotHAHAHAHAHAAAAAA
>>18026188I read a news article last week that American Airlines took it's stock buyback cash and bought a new fleet with it, but now they're going under because that cash was ultimately on credit.When will stock buybacks be banned?
>>18026043nice argument you've got there
>>18023284>market doesn't crashhmm why dis gud
>>18026352yeah you discordtrannies are so smart except for the fact that you don't have arguments at all and just do appeal to emotion, if you were not retarded you wouldnt be leftists to begin with
>>18025749Where did this invasion of /pol/ retards come from? Fuck off you embarrassing stinking faggots.
>>18025867This is technically true (the best kind of truth I guess?). The assets being given up at the moment though are worth nothing, which brings into the table a non-quantifiable issue that is far worse than the others (lack of trust in future contracts). I reiterate the point that inflation and market crashes are not as bad as artificial maintenance of the system in lieu of actual productivity and social investments. There HAS to be a breaking point to this and said point becomes a worse clash the higher up we go with buybacks+issuing bonds. Suppose the market recovers from this miraculously, what will happen? More buybacks and more erosion of creditor trust. "Negative interest" was a nearly inexistent buzzword before 2016, and it's not a coincidence that since that year it is now becoming commonplace. >>18026210>Real capitalism has never been triedReally, are we the new commies?
>>18026269>>18026284>>18026286Struck a nerve with that one eh? The US has never won a war that wasn’t already over when they joined
>>18025832>IntegrityCommie, go ahead and kys.
>>18026349Stock buybacks are no problem, stock buybacks on credit are If a company in a field without potential for growth uses part of its profit for stock buybacks thats actually a legit and sustainable way to do business
>>18026428How does negative interest even work?
>>18026460Not an argument
>>18026436>No, I'm not american.
>>18026436I'm not american faggot if you don't understand why the US kept the war going for 20 year in Afghanistan you're unironically retarded
>>18023405You are right for the wrong reason. Wall St. are the good guys here because they have accelerated the collapse of a corrupt system.Not intentionally, but hey sometimes you can do the right thing for the wrong reason.
>>18023797HOLY KEKE
Hahahahaha /pol/ retard get the FUCK out.Report all /pol/ faggots.Report and hide all /pol/ faggot threads.Back to your BBC shit-heap, kids. Bye now.
>>18026207The absolute unit
>>18023281saved
>>18026520>Wall St. are the good guys here because they have accelerated the collapse of a corrupt system.They are the source of the corruption, though, retard.
>>18023314It's the opposite..
>>18026428Explain to me how the productive half the nation involuntarily working to support the unproductive half is a capitalist system.
>>18023432You can say it ether way because the market always goes up and down. It’s just as fair to say “stocks only go down”.
>>18026564Oh no they aren't. You could have run the exact same play without Wall St, the moment we gave the government the power to print money this outcome was inevitable.All of this has happened before, and all of it will happen again.
>>18026479You lose money if it sits in a bank account. You pay less money back on a loan than you take out. The net effect is you have to do something productive with your money or you lose it. Even speculating on an asset that won’t grow is better because at least you aren’t losing money. This only comes into play in a deflationary cycle where goods and services are continuously becoming cheaper.
>>18023405Based
>>18025208>biz is an honorary pol boardGet the fuck out incel. You are not among friends.
So if there’s no limit, and they can print as much money as they want, why don’t they print money for everyone in America? Problem solved
>>18026714>you lose money if you keep it in the bank>you only retain value by speculating in a stock market that is crashing with no end in sightI just dont know anymore
>>18023119dollars are not money, they are a scamdollar's purpose is to trick people who want dollars into giving you goods and servicesmoney's purpose is to communicate value between parties
>>18026107There isn't nothing remotely capitalist about the Federal Reserve System bud. It's feudalism. We're all wage serfs and our Lord bankers can do whatever the fuck they want to us. They have the Divine Right of The Fractional Reserve to rule us.
>>18026609Stock buybacks are a feature of a deregulated market, which is literally siphoning off the wealth of the productive classes into the hands of passive wealth accumulators like bankers and investors.
>>18026107The Fractured United States of America: the Socialist Capitalist Republic Democracy Land of the Cowardly Brave, Home of the Wageslaved Free, Lies, Injustice and the American Lost
>>18024984You really going to claim that Trump supporters are dumb when blacks and Hispanics overwhelmingly vote Democrat? Think before you post.
>>18023316
>>18023826At what point are states gonna start printing their own money?
>>18023316this nigger smells of reddit.
>>18026428The market isn't recovering from this. Fed actions are to soften the blow.
>>18023797Multidimensional Level meme
>>18027275thank you. You can't downplay the liquidity crises due to what is the equivalent of a national corporate bankrun and the complete shutdown of entire sectors
>>18023082i need more silver nowthis is fucked
>>18027211Theyre legally not allowed to, I think.
>>18026032Then look what "Girocard" is. Almost all stores accept it.
>>18026266exactly
>>18027384>GirocardAh I see. It's not connected to the global system with Visa or Mastercard though, doesn't that limit you to germany only? So you can't go to another eurozone country and spend your euros with your girocard
>>18024227>parents pimping out their daughters so they can eat makes for a cultural golden ageFuck off, jew
Oh god, all bullion got swept up today!There is nothing left to buy!
>>18023797quality content
>>18026479You get payed to store money By taking a credit you basically turn into a bank Until a certain date is reached you get smaller ammounts of money in intervals, this is your payIf the date is reached you have to give back the original credit, if it gets stolen from you or you gamble it away you are fucked
>>18024227>If that austrian moustache idiot did not rise to powerOr if churchill wasn't a FAJJOT
>>18026609Private ownership of production is supported and guaranteed in general and businesses are operated for profit. How is this not capitalism? If the productive half is sustaining the other half it is NOT as an obligation at all, but rather out of common sense in preserving the status quo. Beat your slaves every single day and they will eventually realize they might actually be essential to you lest you'd have killed them all already. Do not for a moment think large operations are not aware of and willing to have people riding on their backs, this is a form of dominance as well if done right and they are very much capitalizing on it. Governments only provide these "rights" insofar as it contains social unrest and allows businesses to thrive. They are all together in this, don't buy into the "public vs private" mentality.>>18026887The original idea was to force businesses to pursue social and productive investments in an aggressive manner. Startups are often granted loans with negative interest (Softbank is notorious in this matter). Thing is, it turned out exponential growth is really hard to achieve, and there are all kinds of logistic and environmental problems in achieving constant movement of assets (WeWork failed somewhat due to getting too much too fast with growth being simply impossible due to logistic nightmares). So we resort to stock buybacks instead, complementing with mergers&acquisitions operations. This can't go on forever though because of loans requiring credit (i.e a quantification for "trust") and negative rates erode trust before the contract is even fulfilled.
>>18027350>stencil faces and cute animals, or maybe the state logo into precious metals >call said metals collector coins >barter collector coins for other goods>open up an international collector coin storage and exchange service with a web interface where people can exchange full or fractional collector coins between accounts
>>18027547Girocards are always co-branded with either "Maestro" or "V-Pay". You can use them in the Euro region for shopping (not online) just fine.
>>18026509>if you don't understand why the US kept the war going for 20 year in Afghanistan you're unironically retardedA combination of boomer patriotic unwillingness to admit defeat and profits for contractors.
>>18024322
>>18023797I was having a pretty shitty day trading, but just saw this and almost laughed so hard I thought I tore a hole in my throat. Jesus Christ.
GOLD CHADS SIGNING IN WE HEADING TO THE FUCKING MOON BOYS
I can't believe these jews are willing to destroy the us dollar just for stonks. Do they even realize how much carnage and chaos will happen when savings are meaningless?
We are headed to hyper deflation sorry boys
>>18023405(You)
>>18026846Thats effectively what theyre doing, that is what trumpbux are. Thats dems with student debt. Make it go brrr all night long. Theyre buying the masses while saving their sacred cows (donor interests)
>>18023242Hey faggot...ZIMBABWE IS ZIMBABWE.
>>18024322>keynesInto the trash it goes
Ok I am reversing my recent sale of my gold. ;(Just gotta get out of this quarantine to get it.
>>18029141You do not understand sarcasm, do you?
>>18024068???
this is fucking retarded at this point. they will do even greater damage by all this brrring. they should just let it fall and see what happens.
Can I get a quick rundown on why Keynsian economics are bad?
>>18029093With how many blacks are in the US it’s hard to tell the difference
>>18029709number go up
>>18029726It's not bad per se but it's a way of covering a disaster period with duct tape in hopes of better future prospects. You keep printing to get out of a bad situation but then when things start to normalize people realize they're holding sandpaper because credit (and whenever you read "credit" think of it as "trust" to understand why it's an issue) has been liquidated all across the board.The problem is in not transitioning back to other types of economy fast enough. Because of course, there is quite some allure in being able to simply buy your way out of any situation, especially if you're a big government or a big company.
>>18029833Why would you assume that transition away from the printing phase is even possible? The initial recovery from the bad times was founded on the free government money. It is the floor upon which the nu-economy rests. Yank the floor away and it all comes crashing down. Is this not exactly what happened in the post 2008 economy, in which the government couldnt ever remove the QE and interest rate suppression because it would destroy the economy, even though those were supposed to be temporary measures?
>>18029726
>>18026035>implying other countries arent waiting for us to fall
>>18024054Do you think gold/silver/crypto doesn't exist?We will end up with hyperinflation and hyperbitcoinization
>>18023119The point is that they're wealthy, and you're not.
>>18026207>Fat Tone and his elite mobster enforcers:>Peter Blanc aka 'Potato Pete'>'Downward Slide', real name unknown>Patrick O'Patrice, 'The Irish Republican'>Benjamin 'Bean Bagger' Baggsley>Adam 'Quiet Snake' Gadsden>and 'The Young Patriot' Georgio Washington
>>18023122Based and USDpilled
People realize that they are selling them money for bonds? They are not creating money and giving it away for free.
>>18026483Don't you wish you had some fuckin 'tegrity?
>>18023082this is unironically good for chainlin
>>18026708Based, fuck this system.
>tfw john McAfee won't have to eat his dick because a big mac will cost $99.99
>>18023797love that one
>>18023284They did put a limit. 4 Trillion liquidity. But people don't read past the headlines now days.
>>18026145>Real capitalism has never been tried!
>>18032256Only an idiot could ever think a society could be completely free of dependents when children and old people will always exist.Whoever posted the real capitalism thing better be baiting
>>18025071I’m new here. Who is this Enron and what happened.
>>18032315famous Ponzi scheme company which suddenly collapsed when people realized, their stock literally went straight to zero from the top
>>18032441You can blame McKinsey for that one.
Maybe you can spot the "surge"...it really helped a lot...
>>18025726Central banks arose to maintain neo-feudalism while giving the illusion of democracy
>>18032472amazing that they're still operating
>>18025726>Central Banks were created in order to keep inflation/deflation in check, not to save the investors after a bubble burst.
>>18023922>Money is used to prop up your failing fiat currency and to prevent the free market from doing its thing.
>>18032315Enron was the 7th largest publicly traded company. And then it went to zero lmao...
>>18032532I was thinking about the similarities while making breakfast this morning actually. Feudal lords were just replaced with corporate entities that feed off the people.
>>18023405Meanwhile in reality the wallstreet floor was shut down while grocery store workers have been labeled "essential" in order to keep society functioning
>>18030311Actually yes, this can't be removed in practice, I'm just saying the reasoning behind it is (theoretically) viable. A truly sustainable card to get out of this situation could only be achieved by an ironically medieval agreement to simply accept default and everyone carries on without wanting their due in return, a hard reset.
>>18023119Real money is and has always been shiny rocks
>>18032590My idiot boomer uncle bought the top and sunk 1/3 of his portfolio into it because he thought it was going to become the biggest company in the world. Top fucking kek.
>>18023082My body is readyhttps://www.youtube.com/watch?v=r6FVk2k4qsM
>>18032835Underrated. My fucking sides.
>>18025150>look at /pol/
>>18032733I've gotten a lot of replies of variable sense, but your is without a doubt the dumbest one.
>>18025600>It dipped that deep into sub-19K despite trillions of benefits and a literally unmitigated support from the FedHoly fuck
>>18023082>literal pump and dump cock formation>smooth market functioning
>>18023082>oh god shekelstein the third is losing his investments we gotta bail him out!>what, you're dying of coronavirus after being laid off? sorry, no money to give you, how would you pay for it?
>>18027174I'd rather be black than a Trump supporter.
>>18034050I wish I could grant your desire lmao
>>18027174Trump supporters are absolutely low-IQ retards, that's not even a matter worth contesting. There are also black and hispanic supporters of Zion Don, so don't presume your idealistic image of your kind being all-white purebred Anglos is based in reality.
>>18033177>underratedno it's just that everyone who's been on the board in the past week already saw this primas opsum of art
democrats are shit, literally imploding the economy and hurting regular people because they think it will help their election chances to make Trump look bad
>>18023405>be lazy minwage worker>make a couple burgers>be workaholic wallstreet trader>Make literally nothing for entire career
>>18034132based
>>18033177My fucking sides at the other projects of that sitehttps://thefed.app/https://memetic.institute/who
>>18029726Keynianism is based around the idea that you can remove the business cycle (boom -> bust -> boom) by increasing government spending during recessions. What they don't realize is that busts exist for a reason, as it's a way to get rid of unproductive failing business and cleanse the economy. If you prop up failing companies using government funds and cheap credit you only kick the can down the road and delay the busts to occur all at once later on. Keynsian policy directly leads to depressions and monetary crises.
>>18034175>https://memetic.institute/whoHaha I wonder if they're hiring haha, wouldn't it be funny to actually get paid to quantitatively research memes?
>>18025150people shittin on ya but you're right, they're ramping up the jingoism
>>18033529The only real money is Gold you stupid faggot.“Everything else is credit” 5000 yearsEven cash is just a paper iou . unbacked and being printed into confetti Jannies do your job take this faggot away
>>18024227Nothing more jewish than this statement
>>18024322What the fuck is wrong with that guy's lips
so bitcoin is going up from here right guys?pls respond.
https://thefed.app/
>>18023082>Haha look at how dumb Venezuela is for printing money endlessly
>>18024932It doesn't matter what price gold and silver are in terms of $. They're real, that's what matters >>18024944
>>18023316>refute someones point without any explanation>"y-you just need to read a book">say nothing of value>"haha this is fine! jUsT HaVe fAiTh"you're fucked. we're all fucked.
>>18024042>he doesnt have mugabebux
>>18023797When /sci/ and /biz/ collide.
>>18032708>A truly sustainable card to get out of this situation could only be achieved by an ironically medieval agreement to simply accept default and everyone carries on without wanting their due in return, a hard reset.Is such a thing even possible in the modern era?
>>18026207Their necks are so skinny. What are they feeding kids.
>>18034184If banks are allowed to become a part of the boom/bust cycle, what is the point of them? If you put your money in a bank under the reasonable certainty that the bank goes under within 20 years, aren't you cucking yourself? Banks are founded on the promise of an eternally stable and secure storage of wealth.
>>18026296In all fairness to him, it really isn't hard to convince people to start a war with China if you just look at their population does. Also the MSM is defending them after they pretty much caused this and encouraged it. It's going to create tension
THE PIGS DAHNALD
>>18034086The black and Hispanic voters of Zion Don are all more highly educated than their counterparts who voted for Clinton. So think before you speak
>>18025208>>18025285>>18026008>>18026181>>18026520>>18029036>>18026753>>18032687>>18034132
>>18024322>Keynes>Krugman>Bernanke
>>18034523nuggies
>>18034632>a yuppy will last 15 minutes working at WegmansLOL
>>18034531Banks should be a normal business like any other. If you just wanted a safe storage you could rent some secure warehouse to store all your gold. That was the original idea behind banks, but people started using traditional ones because those gave you a return instead of costing you money. Any kind of return means introducing risk. Gaining something for nothing with no risk is a contradiction. As usual government promised something stupid and everybody has to suffer because of it.
It's can't go lower than 18k buy now bros
there's no real value in a fiat system to begin withthe economy coasts purely upon what people believe about its health and futurelook at how fast corona crippled the markets even though nothing has really happened(and consumer spending actually spiked)the only thing that actually matters is that people go to their make-work jobs, receive a check, and spend itbut people are stupid and irrational, even highly successful people at the highest tiers of society, and that's why economy theory is useless
>>18028442We have this in the Netherlands too (just a bank debit card). We can use it almost globally I think.
>>18032733>>18034233Except metal prices crashed. Smart money sold it for supposedly worthless fiat.
>>18035849economy theory is useless as a theory and someone is always in control even if the risk of failure is massive(bitcoin is more stable than the US economy). It's the same with inflation. If it's unbacked(and no-one wants to risk dollar) there is no way anyone could ever lose and so it is constant and stable which would lead to macroeconomic stability. So the public perception of inflation is usually wrong as well."the public perception of inflation is usually wrong as well."Inflation doesnt necessarily mean an increase in money supply, though. For instance, the $1 trillion of the 2000 year increase in gold was inflation.
>>18036199>Smart money sold it for supposedly worthless fiatDon't think you can call those who went to the wall looking to cash anything they had to pay their debts "smart money"
>>18023797a daring synthesis.
>>18025600Thank you for this
>>18036603They can buy back on a discount. Meanwhile you're left holding your very heavy metal bags.
>>18038277No they cant, its not like they have money now Metals do, and will rise because of normal people wanting to save their money from inflation
>>18038277heavy precious metal bags are the best bags