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/biz/ - Business & Finance

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18055746 No.18055746 [Reply] [Original]

what does this spike mean?

>> No.18055781

>>18055746
It means the government/central bank stole half of the buying power from anyone who has saved in said currency. Inflation.

>> No.18055810

>>18055781
Half? looks like 3/4 to me

>> No.18056034
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18056034

>>18055746
It means

>> No.18056101

>>18055746
What in the fuck?!

>> No.18056126

>>18056034
Have sex Nazi incel

>> No.18056144

>>18055781
Nice 5th grader understanding of inflation.

>> No.18056174

HAHAHAHAHAHAHAHAHAHA

>> No.18056199

>>18056144
technically they do this to cause inflation (or stave of deflation). Sooner or later there has to be some kind of consequence. There's no such thing as a free meal.

>> No.18056253

>>18055746
what does the united states look like?

>> No.18056309
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18056309

>>18056253

>> No.18056326

>>18056199
Stopping disinflation, yes.
The retard was implying that people would lose half their buying power.

>> No.18056378

>>18056309
damn it doesn't include the last few weeks

>> No.18056399

>>18056326
It's down about 25% in a couple months so... like... yes?!

>> No.18056416

>>18056326
>disinflation

>> No.18056701
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18056701

>everyone bails into cash
>/biz/ wonders why banks are money printers are going ham

>> No.18056745

>>18055746
Means brrrr, so buy bitcoin ogn and zano if you want to hedge all your fiat

>> No.18056776

>>18056701
fiat was a mistake.

>> No.18056831
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18056831

>>18056326
>disinflation
Go away, stupid Pajeet

>> No.18056840

>>18055746
Your quarter pounder is going to cost $7.99 in a few months

>> No.18056887

>>18056701
What happens when everyone moves into something else in the coming months? The liquidity crisis is always short-term. Then people move into safe currencies like CHF and ILS, precious metals, crypto, bonds etc. No one is holding cash during the depression.

>> No.18056949

>>18056126
He's right, though. Even if you don't like it.

>> No.18057292

>>18056887
the dollar is the reserve currency of the world because every country needs to change their potatos into it to buy/trade oil because otherwise it's burger invasion time
it's the safest thing to hoard at the moment and will be during any future market crashing

>> No.18057311

>>18055746
Everyone just got 3x poorer.

>> No.18057338

>>18056309
The hangover is going to be rough.

>> No.18057368
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18057368

>>18056701
Exactly why I'm buying gold and Bitcoin and spending every other dollar I have as quick as I can. We may not feel the direct effects from this immediately, but it's cooming.

>> No.18057421

>>18056840
Best way to track exactly how fucked you are.

https://www.insider.com/fast-food-burgers-cost-every-year-2018-9#first-a-note-about-relative-burger-sizes-1

>> No.18058359

>>18056144
>>18056326
its so interesting to me that the smugest posters here are also usually the most retarded

>> No.18059146

>>18056840
not quite. basically there should have been deflation this whole time but by printing they're essentially causing inflation type effects by devaluing purchasing power. It's fake growth.

>> No.18059177

so if inflation is going to de-value cash... should i still sell on this peak? I was going to cut my losses

>> No.18059216

>>18055746
Probably just some liquidity operations.