/biz/ - Business & Finance

>>18053277
Source on the female(male)?

because the world is so interconnected, every US crisis means a global crisis
an in a global crisis, everyone wants the dollar

the jews have finally figured out their perpetual motion printing machine

>>18053277
because obama was a BASED BLACK BVLL and trump is small cuck

>>18053277
Tranny faggot with yet another pointless thread

>>18053277
we won't have hyperinflation now either. Crypto-fags are just too stupid to understand basic-economics....

>>18053277
The one really concerning thing is that in '08 there wasn't a large loss of consumer transactions the way there is now. More of the losses were financial. Right now supply chains just aren't working.

As long as people need to dump inventory prices will fall, but after that they could rise depending on how people spend. Really it depends on how seriously people take isolation and for how long. If everybody still wants to buy TP when supplies run out we'll see inflation, but I think people have mostly stocked up on essentials.

There are arguments for both sides but personally I see the current situation as very deflationary, and so the fed intervention and stimulus probably won't do much damage. Demand has been hit extremely hard by distancing and fears of a depression. We'll just have to see which factor ends up being stronger.

>>18053298
Fut8nari

>>18053277
We saw it in fixed assets. Did you not notice houses are 4x even though a pint of milk isn’t?

>>18053366
increasing money supply and shrinking amount of products and services to buy. How is that not going to end in (Hyper)-Inflation.
Ignore the increasing default rates come next quarter that will require at least Deutsche to get a bail out with money coming right out of the printer.

>>18053643
it's not going to end in hyperinflation because the dollar is king. as long as the dollar is in demand (which it always is in a crisis, look at the charts and look at history), it doesn't really matter how much you print.

>>18053643
Because that extra money is taking up the downward market pressure. I highly doubt it will influence prices at the consumer level

>>18053641
This. Most of the inflation was confined to assets. I felt in in food prices as well.

>>18053641

I remember buying chocolate for 0.30 eurocents. Its now closing in on 2 euros per bar

>>18053277
You did get inflation, only in stocks, real estate and bonds instead of pasta and toilet paper. All the gains since 2008 have essentially been inflation from printed Fed money.

>>18053277
damn nice areolae. not too big not too small

Outsourcing to China has hidden inflation by reducing the cost of manufactured goods. The prices for things that can't be outsourced such as housing and college tuition has skyrocketed since 2008. The rise in housing and tuition represent true inflation without outsourcing.

>>18053683
>>18053703
EU is fucked. Spain, Italy, Greece.
Automotive industry getting rekt as well so they can't just hand the bill over to france & germany. UK is already out. A healthcare crisis lasting as long as 18 months and a economic crisis at the same time. Interest rates already at a negative, so no more stimulus from the ECB.
I don't see how this does not spiral down into a full blown global economic crisis.

>>18054271
Ddin't you see that UK and Germany spent over 1 tn euros combined in fiscal stimulus?

>>18054446
yes, inevitably causing inflation in the near future

>>18053277
Asset inflation has been crazy since 09.
Nominal consumer price inflation has been low
REAL consumer price inflation has been VERY HIGH

Between 2013 to 2018, consumer debt spending only went up about 156%. However, net wealth went up over 1020%. Where did all of that wealth suddenly come from?

>>18054690
The Chinese middle class becoming a thing presumably
but mostly asset inflation

>>18054710
I was referring to America alone. The facts still stand.

You have to look at things from a labor standpoint, not a cash standpoint. People have to expend more time towards labor than they did before to buy things. Meaning, inflation. How much inflation? Well how much more time do they have to spend working for something they originally spent working x amount of hours for?

>>18054845
>you have to look at things from a labor standpoint
not unless I decide to become a Smithian, which I won't anytime soon. Labor theory is ok but not good enough.

>>18053641

I mean, isn't there other reasons for that?

https://www.realagriculture.com/2018/02/u-s-dairy-subsidies-equal-73-percent-of-producer-returns-says-new-report/

>>18054654
>Nominal consumer price inflation has been low
>REAL consumer price inflation has been VERY HIGH

Explain.

>>18053277
>even a woman has a bigger dick than me
feels pretty bad

>>18054873
Labor is not a theory. It is

Real producers trade labor for x. Nowadays it's FRNs. Back in the day it was for silver, gold, actual material goods, services.

Money is a commodity, and when it's value can be expanded or contracted, is when you have to ask, who is controlling the money, and how are they benefitting?

Why do I have to work more than people 50 years before, for the same thing? Where is all of this energy going to?

>>18053277
>because obama killed the velocity of money and turned on a perpetual printing press
>velocity has increased since

>>18053277
thats a man

If you think America can have hyperinflation you should kill yourself immediately

>>18053277
We saw it, not on everyday goods but on assets.

>>18053277
Because you not very smart? Houses saw inflation between 150%-1500% depending on market?
Medical has seen inflation anywhere from 100%-10000%?
New vehicle prices inflated?
College tuition inflated?
They have been funneling the money to assets like stocks to keep things like food and gas from going up. Are you kidding me inflation is running rampant at 5% or more a year.

>>18054503
they did the same in 2008-2009. Where did the inflation go?

>>18055000
You have the same mindset I had a couple months back. Wealth isnt finite like energy. Credit cycles allow the total wealth of the world to expand and contract. At least that's how I reconcile it.

>>18053298
Tricked again gosh dammit

>>18053277
useful stuff like food and housing prices went way up but consoomer electronics dropped like altcoins.

>>18055000
The labor theory of value is absolutely a theory. Labor-time itself doesn't account for all the variables in the price calculation.
I agree with you that most use-value comes from labor, but not enough exchange value comes from labor for it to definitively determine economic strength/growth.
You're flat wrong if you think that you're working more than people fifty years ago for the same thing. Imagine how much people in the 70s would pay for streaming.

I look at so much tranny porn that I know when every picture is a trap or not.

>>18055930
based

>>18053683
>dollar is in demand
2000s called, boomer. Petrodollar is dead, Russia and Iran are selling oil for Euros and Yuan. Not mentioning the demand for oil is at 50 years low.
Not mentioning US is surrendered to Taliban and didn't respond to multiple direct attacks on US military bases by Iranian forces. By now everyone has realized US is a has-been and no one takes the burgers or their green toilet paper seriously anymore.

/biz/ understanding of inflation is non existant, people thing QE causes high inflation when in reality it simply slows down or stops disinflation

>>18055565
housing is a good example of what that guy is saying
how long and hard had boomers to work for their mcMansions compared to millenials for their cuck pods?

>>18056219
>disinflation
A faggot who doesn't know the word "deflation" is trying to lecture people.
How about you kill yourself, you smelly nigger?

>>18056504
I don't know who's trolling who or if we're all just retards.

>>18056281
Because suburbs didn't exist then and they needed to put the GIs somewhere
Now everybody wants a house in the middle of New York. It's irrational. I know what you guys mean but the postwar boom was a really weird distortion. There was a lot of strain in the 70s as a result of it.

>>18053277
We did. My house went 5x. 500% inflation in 10 years

>>18053277
Social media is affecting how people invest

>>18055419
The manly nose is a dead give away

>>18056030
look at the damn charts bro
dollar is in high demand, it's gaining against pretty much everything except the yen

>>18056504
Deflation and disinflation are two different things you stupid nigger.

>>18053277
>Why did we not see hyperinflation after the 08 crisis?
nigga look at the stock market for the last 10 years, up until coronachan. free money yo

>>18053683
>>18057409
lmao nice economics bro
god damn it i love this board

>>18053277
There was hyper inflation but it was localized
The average person just became significantly poorer as the value of their dollar was stipt
But since they didnt earn more dollars because the printing never reached them “inflationary” pressure was “low”.

Youll just have a few generations of really poor people who will never retire.

>>18059447
Blackpill. Millenials are 30 yet have no wealth

>>18055371
(((Credit cycles)))
What if business cycles were actually financial/economical manipulations?

I mean our currency and economy is quintessentially controlled. You mean to tell me private banks and others that shilled for such things don't have divided interests in this?

The Fed continues to help banks left and right, yet many Americans can't live beyond 2 months of expenses alone. Weird...
Money Masters 1996

>>18053277
We did, it all went into real estate.

>>18055565
Prove it.

At the beginning I could make a house in a few months. Maybe even a year or two. Now most people have to spend 15 plus years to make something similar. Industrialization has been misused and exploited.

>>18053277
>fast food costs tripled
>car costs doubled
>housing costs tripled
>all in 10 years
Bro we DID have hyperinflation, just not in your pay.

If you still believe that labor or money can't be manipulated you may want to sit down and consider the following.

https://www.youtube.com/watch?v=MpG-r9FnnXY

This isn't something new either. It has been going on for who knows how long.
"There is nothing new under the sun".
It's our job to come to the light of it and remit it from existence.

>>18053277
Are you measuring by Fed numbers or CPI?

>>18053277
Inflation is a steady rise in prices. Increases in the money supply do not necessarily lead to a steady rise in prices.

>>18059665
Were making 90s wages with 2020 prices

>>18059556
I saw a boomer driving his brand new F-250 smoking a 300 cigarette going to the store today. It was fucking unreal.

>>18053277
Generating more dollars to make up for deflation doesn't cause hyper inflation you economic illiterate

>>18053277
Because the amount of money printed was nowhere close to what is being printed now, and it all went into balance sheets rather than the real economy like now.

>>18053641
This - real estate and stock market went *2.

>>18059665
Yeah in 1995 a used car with 100k miles costed 4k in 2020 that same car is 12k

Thats with prices normalized. So basically your dollar lost 60% of its value. In 25 years.

Thats a fuck ton considering people are making the same as they were in 1995...

>>18055565
do you know what a theory is in science? it's not just a guess, dipshit

>>18061002
Delete this

>>18061002
somebody fix it please

who is this Fertility Goddess?

>>18061769
>>18061808
That's what you get for thinking the stock market is more important than the real economy

>>18053277
Most people think hyperinflation is just the result of printing money. They're wrong. Hyperinflation is actually the result of holding a currency's official value above its market value, then losing the ability to do so.

But if you were misusing the term "hyperinflation" to mean "high inflation" your question become more interesting.
Inflation depends on broad money, not base money. Creating more base money just reduces the money multiplier; it doesn't affect the amount of broad money.

The difference this time is there's a drop in production that's not the result of financial factors. So there is likely to be a bit more inflation this time, though probably not enough to cause any great problems.

>>18062258
>fertility goddess
>castrated male

>>18053683
>it's not going to end in hyperinflation because the Zimbabwe dollar is king. as long as the Zimbabwe dollar is in demand (which it always is in a crisis, look at the charts and look at history), it doesn't really matter how much you print.

>>18054943
He is saying they lie about the inflation numbers.

>>18053277
hyperinflate her babonkers gimmie my milk I meed milk so I can make cream gonna scream real soon big coom all over my room

rate my freestyle spoken verse

>>18063694
when was the Zimbabwe dollar the reserve currency of the world?

>>18053643
>shrinking amount of products and services

>>18063953
The dollar won't be the reserve currency for long due to:

-Excessive money printing
-Oil being priced in other currencies
-China / Russia buying gold in order to move away from USD
-China looking at it's own central bank crypto

>>18064021
It's called war.
The USA will not give it up.
Watch.

>>18062353
based psycho killa with the psycho thrilla
>>18061808
https://www.cnbc.com/2020/03/23/cdc-coronavirus-survived-in-princess-cruise-cabins-up-to-17-days-after-passengers-left.html
This shit is real nigga. Forget money for once. The real biz is gonna be taking place on the streets soon.

>>18064069
This. Even though the strong dollar policies hurt working Americans, they benefit the ruling elite.
They will spill any amount of blood, American or foreign, to keep their privileges.

>>18064132
A plausible excuse:
USA fatality rate surpasses China.
Chinese propaganda is already accusing the US of corona conspiracy.
Accidents happen.

08 was a demand slump as global supply chains remained intact, so the same amount of "stuff" with less people to buy them. A lot of money was injected into the system, but a lot of liquidity was stuck in private banks as they could not lend further down the stream to individuals since they could not afford to borrow (person's credit score and bank stress NPLs). So this inflation faded into the stock market where you saw what happened.

This time, supply chains are fucked. People are locked up. What this means is as people can't work, factories can't produce. And as people are quarantined, their demand also falls as they only resort to buying basic necessities. So you've got a demand and a supply shock, perfect shitstorm. What these measures will do (and always try to do) is to restore aggregate demand to its previous level, i.e. people can buy more. All good so far, except now you've got less "stuff" with the same amount of people that can afford to buy it, in the most dumbed down terms. So if you've got a number of people competing for an item that is out of stock, the price increases. Now aggregate this to the whole market. Whole China stop producing for two months, institutions (nevermind people, their piece of the pie is small) are swarmed with excess liquidity with nothing to buy.

>>18055000
Checked.
How can a CEO work 300 times harder than a plumber... Something doesn't add up and it's unnatural. Value and perceived value are different. We are trusting someone who doesn't really like humanity as much as money.

>>18064391
so what if we capped salary, including capital gains, to be inline with the actual value a person contributes to society, not the "economy".
How different would a CEOs net worth be compared to a plumber then?
Can replace CEO with banker, lawyer, etc
Also replace with ethots, streamers, celebrities, etc. How would they compare with a plumber then?

>>18064132
the ruling elite are rootless cucks who will just shift to the new hegemon. they don't give a fuck lol. most of them already have homes all over the world.

>>18064391
>>18064796
Are there actual unironic commies on this board of all places

>>18064921
why would wanting capped salaries make one a commie?
You'd still own private property, still can do whatever you think makes money, just the amount of money your allowed to make would be capped to the value produced. The extra money made could just be "taxed" away or forcefully put aside and you could only use that money when you actually need it to survive or something.
Just some ideas and thought experiments, would be interesting to test weather such a society would thrive.