/biz/ - Business & Finance

>>18134026
That's what they thought in Weimar Republic too. Guess what happened after. This is actually a great thing.

>>18134077
but it doesnt exist anymore

>>18134077
agreed with you already, anon
>Part of me just thinks that it should just happen so they get bitten so hard by hyperinflation and the entire economy comes to a halt that no country ever tries this again for the duration of the universe.
I guess it's that time again
>>18134091
precisely

>>18134026
Why would you care?

>wages inflate with the rate of inflation as otherwise no one would work for worthless wages
>value of owned things inflates

Do you know what can’t hyper inflate? Fixed rate debts. Rents.

>>18134146
I have cash money in the bankerino. I dont want it to be worthless

>>18134167
Get fucked, loser.

>>18134026
USD is close to immune from hyperinflation due to QE/stimulus because it is the world's reserve currency. Especially since little of the stimulus enters circulation. Things might be different with this stimulus package.

Regardless, enjoy your shiny pet rocks faggot

>>18134026
>dollar hyperinflates
>nigs start nogging
>whites finally get fed up

>>18134026
Funny thing is, they know it's not gonna work this time. The do it anyway. There is purpose in it. They willingly let this crash happen. It is perfect for them. Perfect. Perfect. A virus to blame and a welcome excuse to let it all burn, and start anew. With rules that they would otherwise have never been allowed to put in effect. Cash gone. New payment system incoming. And it won't be BTC.

>>18134261
You sir are dangerously based:
https://m.youtube.com/watch?v=jfx7PnMtCeY

>>18134261
Nah, worst part is they're delusional enough to believe the world is not going to dump the dollar, once everybody realized the dollar is unstable, most companies are bankrupt and something else bring stability they'll dump confetti dollar for whatever that is, if you think this fucking stupid boomers have that 1984 mentality you'll be surprised as to how fucking stupid they're and how little they know about economy.

>>18134146
The economy is always better when the monetary system is actually good, name one time hyperinflation ever increased the standard of living.

>>18134233
Dude how long are Russia and Saudi Arabia gonna hold onto dollars while waging a price war? Their citizens will riot if they don't keep providing services.

>>18134394
There are hardcore top notch processionals at work here. They know more about it all than you or I ever will.

>>18134146
>Do you know what can’t hyper inflate? Fixed rate debts. Rents.
Do you know what else can't? Crypto. Rare metals.
The 1st country to get off this jewish ride will be an economic powerhouse (if it doesn't get Iraq'd or Libya'd by the goyim army).

>>18134091
yet, anon.
be the change you want to see in the world.

>>18134490
>processionals
kek, I bet there are

>>18134494
>if it doesn't get Iraq'd or Libya'd by the goyim army
I hate the US government so much bros it's unreal

>>18134443
Yes, but you're a small part of that economy, and it's going to do what it is going to regardless of what you think or do.

Unless you're a retarded scrooge mcduck sitting on a pile of cash then you can get a debt jubilee out of hyper inflation.

Entirely new mechanisms were coming into play. The economy started controlling the banks. Not the other way around. They will end it. And now they have found their perfect timing.

>>18134846
>Thinking this short term
Enjoy buying a loaf of bread for 20 bucks bro. Inflation is a tax on the middle class, and the fact most people know nothing about it is why it keeps happening.

>>18134846
Stupidly missing the point here. Hyperinflation is the path to being a new Zimbabwe. Remember Gold for Bread? Go look that up on youtube.
With hyperinflation you are placing the debt burden on the taxpayer/plebs, aka, us. Only a kike supports this system because he and his tribe profit and gain a country's assets.
>>18135012
I'm convinced he's a kike. People like him must know the ramifications of what they're saying and just don't admit it.

you're so right america is just like zimbabwe. there is no geopolitical or other contextual difference.

18135139
Way to strawman. It's on the path to becoming Zimbabwe, yes. Almost the same amount of niggers in real terms (or more).
Like other anons have pointed out, the status of the dollar as the reserve currency is coming under increased pressure.
Tbh, even if corona-chan hadn't showed up (and thankfully she did and forced the kikes hands) things would have come to this point. Now its just happening a lot, lot quicker.
We're truly living in the acceleration timeline.

>>18135139
The entire world can stop using the USD if it sees BRRRRRing keep going on and lose faith in the USD, it'll hit us harder sooner rather than later.

>>18134026
Everything you need to know about economics you can learn from playing Rust, Ark, or Conan Exiles. Let's use Ark as an example since it's the most popular. The U.S. is the alpha tribe on the server. They have perfectly bred rexes, fliers, water dinosaurs, and so on and they have so many bombs and bullets that they can legitimately kill each other in their base for fun just to troll each other. They can fucking wreck you on the land, sea, and the air simultaneously.

If they want to do business with dinosaur shit that comes out of the asses of their dinos and no one elses, guess what the entire rest of the island has to do? They have to trade their goods and services to obtain dino shit from the alpha tribe. If any of those tribes on the island revolt against it, guess what happens? The alpha tribe, bored out of their minds, shows up on their doorstep with enough firepower to level the smaller tribe 50,000 times over and says "your tax rate just doubled" or they just level the smaller tribe for their entertainment.

If everyone on the island revolts? Guess what, it'll never happen, because there's always going to be some Judas tribe who will happily accept a higher deposit of dino shit to work with the alpha tribe and betray the other tribes. Even then, their cooperation isn't really even a necessity because the alpha tribe could kill the entire island 50,000 times over.

That is the U.S. and their dollars are dino shit and the rest of the world are all of the little tribes on the island with raptors and maybe a medium sized inbred retard dino that would die in less than 5 seconds to the warbred beasts of the alpha tribe. We can produce as much of it as we want and demand the rest of the world use it because we are that damn powerful and I'm not saying that as anything like "AMERICA FUCK YEA! OORAH!" I am stating that as a simple mechanical fact.

Hyperinflation doesn't apply when no one can do stop you and you don't make any critical mistakes.

>>18135995
>Hyperinflation doesn't apply when no one can do stop you and you don't make any critical mistakes and a pandemic doesn't hit you and the global financial system
These are unprecedented times. Those retard rules (not saying you're wrong, just saying the rules in themselves are retarded) can only apply in conditions when shit is mostly calm.

>>18136133
Not necessarily. The US has hegemony of the petrodollar through retarded amounts of military force. Dude we don't even know half the tech DARPA has sitting around. It could be some really scary shit we have that nobody knows about dude

>>18136133
See you're right about that. Sometimes a "critical mistake" can be an exogenous event unrelated to actions of the actors in the the system itself. To stick with the Ark metaphor, what happens if one day the alpha tribe can't login or gets DDOSed and leaves all of their shit unguarded and people are sick and tired of using dino shit?

The composition of the game-board shifts unexpectedly and a significant resource lead that was necessary to maintain total dominance can be compromised in such a way that feeds back on itself and allows groups that weren't formerly a threat to build momentum and actually challenge the dominant institution. It's a possibility, but who knows if that will actually be the case here.

>>18136219
That's some seriously wishful thinking there. Unemployment is going into retard numbers atm. The economy is virtually nonexistent. The petrodollar is becoming less enforceable with every passing moment.
Military force will only do so much to prop up a failed monetary system. Unless nukes enter the game, which I guess is the natural next step, but then that's the petrodollar and America over, and pretty much everything else.

>>18134026
inflation isnt even bad we have electronic money now shit doesnt matter

>>18134026
There is no inflation, retard. We're experiencing deflation. Read an economics book (not austrian pseudoscience).

>>18135012
>Inflation is a tax on the middle class
It's not. Arguably the opposite; it's a tax on those too poor to invest, and on those too rich to be able to easily shelter wealth without storing in cash.

>18135092
>ZIMBABWE
It really doesn't work this way. We're a mostly non-cash country, with a service economy regardless of the monetary system.


ANYWAY, what are you going to do about it? You can either get fucked regardless, or try to play it.

there is nothing wrong in hyperinflation
They stamp money... who cares lol?
The future generation will experiment higher prices not us

>>18136371
Who it taxes isn't really the point, I don't any inflationary tax regardless. Again, if you can answer when inflation has ever improved the standard of living then I'll consider what you're saying.

>>18136400
based retard boomer-zoomer

>>18136606
explain why ''muh hyperinflation = bad''
When hyperinflation stoncs go up
everybade makes money

>>18134308
stop posting your fucking video already

>>18134490
Kill yourself slave

>>18136852
>hyperinflation stoncs go up
>everybade makes money
I hope I'm never as stupid as you

>>18134077
>Oh boy i can't WAIT to have my women raped and my country split in two for decades while my fellow men rot in ditches!
Ok Cuck

>>18137279
I believe that was well-crafted bait, though I could be wrong, given these strange times we're in.

>>18134026
Just buy precious metals and let the normies starve. They can't be saved.

>>18136400
The future is six months from now.

>>18136852
Food goes up too.

>>18134494
so... Euro? Israeli new shekel? Swiss franc? Dogecoin?

>>18137279
>I hope I'm never as stupid as you
have you already forgotten the 10 year bull marcet and low interst rate before corona Vid?

>>18134026
They want to live right now no matter the cost, also the majority doesn't give a fuck about how the world works, they know that they need money to buy shit in order to survive.

>>18134233
Nothing lasts forever

>>18137771
Except American stupidity

>>18134026
If you don't understand that monetary deflation is more likely than inflation from this series of events, you're not gonna make it

>>18137885
You are mentally retarted, Rabbi. Consider roping yourself and your rat clan.

>>18134261
>Cash gone. New payment system incoming. And it won't be BTC.
right, why would we subvert the new world order with a transparent coin? Monero is the true Bitcoin.

It's all fucking fake. Who cares at this point.

>>18134167

buy land with it if you are worried. If thing hyper inflate your equity would sky rocket.

>>18134026
USD is a world reserve currency, if anybody thinks hyperinflation can occur with dollars, well, sorry, but what you will sell your dollar for?
I mean, I’m all in in BTC just in case, but this is very unrealistic honestly