/biz/ - Business & Finance

based

>>18203922
based.

BRRRRRRRRRRRRRRRR

>>18203922
Fiscal conservatism

>>18203922
Not a bad idea

>>18203922
>everything is two trillion dollars
I guess this is just the standard government program price tag now.

Finally they can fix our fucking roads

fun fact, it's possible to spend trillions and not generate any inflation / increase the money supply, but it can only be done once

>>18203922
Jah Praise

>>18203922
not but seriously, your country is falling apart. bridges are collapsing. railroads are rusting. roads are fucked. you can only wait so long until its considered fucked.

>>18204000
How? We are in the middle of a pandemic and they are pushing social distancing.

and you have ALOT of roads and ALOT of bridges and ALOT of railroads. this shit is needed. Sanders btfo btw.

>>18203922
DON DELANO TRUMP

>>18203922
>clean the swamp
>small state
>stop the waste

You had one job, Republicans.

>>18204061
>investing in your country is waste
kys boomer

>>18204061
T-THEYRE FIXING THE ROADS, THE FUCKING DEEPSTATE ARE FIXING THE ROAD BROS, DID Q PREDICT THIS??????????

no one will want to invest in your country if driving on those roads means fucking your truck everytime, when it takes forever to use the railroads. you get my point. everything has consequences, neglect is no exception.

So he's gonna use strengthening of the national infrastructure to boost the economy and bring the country together as a whole?
Huh where have I heard that before.

>>18204069
Oh look, that's how fiscal conservatives sound now. If it were a Dem POTUS, you'd all rip him a new one. Disgusting filth.

>>18204102
trucks should be banned from interestates

If the government didn't piss so much money away on muh roads we'd have flying cars by now

>focused solely on jobs
Oh great, another couple trillion that goes directly to shareholders of fortune 500 companies

It's all so tiresome

Interest rates will never be above zero again in America.

Thank you President
really cool

>>18203922
> NO NO NO NO AHHHHHHHHHH YOU CAN'T JUST INVEST INTO THE COUNTRY LIKE THAT THAT'S LITERALLY COMMUNISM

>>18204000
My entire metropolitan area's roads are fine. You did know that roads are maintained by your city, right?

>>18204107
based

Debt to GDP ratio: 109%. Nice, Greece broke when it reached 120%.

>>18204323
This clock will be at 90 trillion in a decade. Debt economy is such a scam

>>18204393
retard hes talking about national highways,bridges and anything else that are used for military purposes.

>>18204425
what about THE ROADS

>>18204424
greece isn't sovereign though

>>18204424
If the US refuses to pay back their notes no one will move a single finger.
t. Euro

Infrastructure spending will be using tax dollars and the roads and bridges will be handed over to private hands. This has been the Trump administrations plan the entire time.

How’d this guy manage to run as a Republican?

>>18204499
Yes, but the private companies will still need to hire a lot of people to build those things.

>>18203922
based. Give the American people what we really want: money

>>18204017
that's all bullshit dumb europoor go back to living in your cuck shed apartment and paying 75% taxes to get corona

>>18204540
They can use their own money and not the tax payer dollars then.

>>18203922
this is bullish. it will give all the unemployed people jobs during the depression. like roosevelts new deal. we will rebuild the freeways and dams with nationwide govt paid projects so people can have money for bread

>>18204506
what american company can we invest in to profit from this? the shale companies?

>>18204523
Republicans have like 2 stances they're not willing to budge on: guns and abortion. Everything else is malleable. They probably wouldn't even like Reagan if he ran in 2020.

Meanwhile Democrats have 0 stances they're not willing to budge on, they have no conviction and no morals. The only thing they're consistent with is losing elections. The Democratic party is unarguably the more pathetic of the two.

>>18204506
Canada just woke up and realized their entire economy is circling the drain so they are getting real with all these dirty hippies blocking progress.

The great irony is that the BIGGEST obstacle to Canadian oil pipelines was a lobby group founded by James Cameron / Steny Hoyer.

In other words, US elites are destroying the Canadian economy from the comfort of their California billionaire mansions.

How based are the elite left?

>>18204584
Are you stupid?
Why would a private construction company build a new road if no one paid them for it?
Would a construction team build a new kitchen for you if you didn't ask them to, and paid them for it?

>>18204613
Wrong. They have a bunch of stances, like "do not under any circumstances badmouth Lockheed" or "do not under any circumstances try to be bipartisan". The latter is what they shitcanned Arnie for.

>>18203922
Spend another 2 trillion to buy Greenland please!

>>18204430
>national highways
Yeah, that's maintained by your state, you fucking moron. So is bridges.
>Responsibility for building and maintaining highways is the charge of state and local governments

>>18204633

>do not be bipartisan
>almost everything in this country has floated leftward for decades thanks to constant budging by conservatives
>shit like UBI and totally socialized healthcare are the new items of contention

>>18204647
The federal government can probably give money to the states for them to do it.

>>18203922
God damn it Donald I need to sell my SDOW bags

>>18204663
Yes, the federal goverment can and does. Specifically the Federal Highway Administration. However, the onus is on the state to maintain it and primarily fund it. If your local roads are shit, blame your city. If your highways and bridges are shit, blame your state.

>>18204506
GUYS I WILL LITERALLY SAY AND DO ANYTHING THAT PLEASES 51% OF THE POPULATION JUST PLEASE REELECT ME PLEEEEAAASSEEE

>>18204703
I'm not american, though.

He's realizing his FDR moment huh

>>18204705
pathetic

>>18204722
Irrelevant. "You" in the context is generic. Stop being such an autistic europoor.

>>18204751
I'm bored from the quarantine, let me be snarky, nig.

>>18204647
and who give them money so then state can contract it out you fuck wit?

>>18204026
You just answered your own question

>>18205113
The people in the state, via their state taxes. You fuck wit.

>>18203922
Checked, and there goes america, freedom and the west.
God damit.
We had a good run tho, didn't we?
We did our part, right?

>>18204061
what part of orange hitler did you not understand?

>>18205156
god dam your dumb. so the federal gov doesnt have money set aside esp for highways to give to states? seeing as highways are used in times of emergency to move military across state lines.
fuck wit

>>18205228
>dam
>your instead of you're
>esp
>no capitalization
Lmao. Fucking retard can barely express coherent thoughts.
>so the federal gov doesnt have money set aside
The majority of funding comes from the state, they are responsible. The federal funds are not guaranteed. You 65 IQ piece of shit.

>>18204102
Lol, driving. Let's see if we get actual infrastructure upgrades like high-speed rail. Let's see actual improvements/reduction in costs of travel or otherwise it's just a circle jerk money pump to his friends

>>18205324
i don're care to argue with you anymore. Think what you want

>>18205349

High speed rail has limited applicability in a country as big and spread out as this

>>18205370
>get destroyed
>cry and prance away
Lmao. Better luck next time, kid.

>>18204107
wtf I love Orange Man now

>>18204613
>Republicans have like 2 stances they're not willing to budge on: guns and abortion.
You forgot "unconditional military and economic support for the state of israel"

>>18203922
not really related to this thread but i filed independent last year for taxes but this year i was dependent. do i still get trumpbux?

>>18203922
Based

>>18203922
wow USD is actually worth fucking nothing now.

>>18204107

FDR

>>18205625
fuck off to r*ddit

>>18204545
>money
Anon, it’s fiat currency. We haven’t used money since 1971

MORE BRRRR

>>18205641
>t.Jerome Powell

WHAT GENERAL CONTRACTORS WILL BENEFIT?

im not american

>>18203922
We are kicking the can down the road by inflating away all the buying power held in foreign debt. shady as fuck. the entire world is going to turn on us.

Get ready for the $$$ to flow in!

>>18203922
desu it's a good time to force all the umeployed people to dig ditches outside, healthy work environment and you do not have to be too close to other people. It's even springtime.

nobody cares about another 2 trillion spent in a world with 1500 trillion or more in total equity assets

>>18204000
We just need flying cars.

>>18204003
False debt keeps inflation low

So Blompf went full Keynesian Democrat.
Krugman must be happy now.

>>18203922
Buy CX and OSN.

>>18205779
when the government issues debt and the federal reserve purchases a portion of that debt, the amount of debt purchased by the federal reserve increases the money supply by the amount of the money multiplier. as you probably learned in your econ classes, inflation is "everywhere and always" a monetary phenomenon. this is how government debt contributes to inflation

>>18204506
Wow based, they got it just in time when oil prices are going fucking negative

>>18204107
Based and steelpilled

>>18204613
>Democrats have 0 stances they're not willing to budge on
lol, you couldnt be more backwards if you tried.

democrats will never budge on abortion or guns


republicans continually allow the goal post to be moved by dems and accept more gun control bullshit over time and always make exceptions for allowing abortion bullshit in healthcare laws

dems are unironically the least compromising type of people. they are petulant toddlers who need their tantrums to give them 100% their way or nothing

>>18204480
Greeks refused to pay back too.

>>18205702
American Infrastructure (Allan Myers), Lane, Haines & Kibblehouse, Middlesex - these are a few along the eastern seaboard - not sure if any are publicly traded.

>>18204323
This is only bad if the interest on the debt reaches a significant fraction of the GDP, which we're not even close to nor will will we ever be within our lifetimes.

>>18205915
Where is the inflation? But one thing you obviously still dont understand is the 400 trillion dollars america owes and u s. Being the world reserve currency creates demand. They could print 100 trillion and it still wouldnt matter. DEFLATION is coming. Welcome to my class.

>>18203922
This latest scandal has done it for me. I’ve endured 2 years of sybil fud, toilet fud, JSON parser memes, fake google pnd, 700k dumps, literal dump to zero, fake partnerships (looking at you MOAB), the same slides over and over, stiff competition arriving (BAND, Tellor, UMAprotocol). I’ve endured it all, but this was the straw that broke the camels back. The Link dream is dead friends. We will go down in history as one of the most epic meme campaigns, but unfortunately reality has caught up with us. It was nice knowing you all, I wish you all good luck.

>>18206429
Tranny

>>18206425
dollars only have value to the extent that they let you purchase goods or services denominated in that currency. the more dollars you create, necessarily you increase the cost of what you can purchase with those dollars. consumer prices have been relatively low as measured in terms of CPI, although the Fed's numbers are tainted by questionable hedonic adjustments and similar sleights of hand. instead, inflation has manifested itself in the form of asset price inflation. most credit growth has been in the form of lending for financial transactions, so this stands to reason. Richard Werner writes about this extensively

>>18204026
Road construction is 80% heavy machinery doing the work

Easy when yu split up people in different machines

>>18206425
retard

>>18203922
Why the fuck is he destroying my savings for a bunch of poor niggers

>>18205493
That's both parties for the most part. Sanders is one of the only Dems to be vocal about support for Israel and ending foreign wars.

>>18204000
mmm

>>18204647
Most states depend on massive federal assistance to keep the highway system maintained.

>>18206380
You are poorly informed. The interest is half a trillion, and it will radically increase from here.

Fucken told ya.
>>/biz/thread/S17858543#p17860240

Isn’t (((quantitative easing))) great guys? We can just do stuff all of the sudden and nobody has to sacrifice anything for it!

>>18204000
Is fixing roads code for more Ethiopian immigrants
If so then yes

>>18205212
There deepthroating circumcised cock part

>>18204000
>Finally they can fix our fucking railroads
ftfy

>>18204107
Good point.

>>18207946
Holy shit dude you're so fucking BASED
So fucking
SMART dude
You're gonna have a MILLION DOLLARS one day son, I can feel it.
Unprecedented success is in your genes
Go knock em dead!!!

>>18203922
>NOOOOOOOOOOOO YOU CANT JUST SPEND GOVERNMENT DOLLARINOS ON EDUCATION AND HEALTH CARE
>CORPORATE BAILOUTS? BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>18203922
>Infrastructure
Gay lmao

>>18204564
Assblasted Americafat. Even former soviet meme countries have better infastructure. Go look at NYC subways. Literally the biggest and flagship city of the united states and its subways are crumbling leaking shitholes full of piss and homeless. America is an absolute decaying shithole whoes glory days were 40 years ago.

FUCKING WELFARE LEECHES OMG 2 TRILLION FUCKING DOLLARS SO THESE COMPANIES CAN STAY AT HOME CUZ IT’S “TOO DANGEROUS TO WORK”

GET REAL

>>18204107
Say good bye to being a NEET /biz/

>>18208153
Be more butthurt

>>18204017
>railroads
Why bother? That's literally an inferior way to travel. Going from San Francisco to LA linearly versus using a fucking bus system that uses several routes to get you where you want and can be profitable for private businesses, its objectively better. And that's not even just buses, even fucking airplanes are better. Trains in California cost too much and no one uses them.
>Muh roads
Kek what a bitch

>>18208533
>America failing to use railway technology means railway technology is flawed

lmao

>>18207787
Weird isnt it? Staties always tell me the state would do a better job keeping roads up

The NY-LA bullet train project, at last.

>>18208687
>Implying my argument was about the technology used and not the entire method of traveling being inferior to something else
What country do you live in?

>>18208687
I have multiple gigantic freight trains roll through my town every day. Trains are profitable when moving large quantities of freight long distances, or in subways in extremely dense urban environments that don't have basketballians wrecking the system and making them unapealing for the entirety of social strata. Every other form of rail transport is inefficient, ineffective, and grossly subsidized. Self driving cars are the future, public rail would be a stupid investment at this point. It would make more sense to spend 2 trillion making dedicated lanes for self driving.

>>18208749
>Wanting to spend all day on a train
Might as well just use a fucking airplane

>>18208860
In Europe most cargo is done by rail. In US it's by truck.

>>18208960
Both Europe and the US use both rail and trucks. America has one of the largest and most profitable freight rails systems in the world.

>>18204647
>thats maintained by your state
And they only use money allocated to them by the federal government to do it. What kind of fucking idiot believes the state uses its own money to pay for something the federal government is required to pay for?

>>18203922
BRRRRRRRRRRRRRRRRRRRRRR

>>18208446
>NOOOOOO WHAT DO YOU MEAN I CANT MAKE BILLIONS OFF THE BACK OF OTHER PEOPLE WHO MADE BILLIONS OFF THE BACK OF OTHER PEOPLE WHO MADE BILLIONS OFF OF STEALING THE LABOR VALUE OF THE WORKING CLASS ANYMORE
>THIS SHIT IS SUPPOSED TO BE RIGGED IN MY FAVOR REEEEEEEEEEEEEEE HOW AM I SUPPOSED TO CONTINUE INCREASING MY PROFITS LIKE THIS WITHOUT ACTUALLY PRODUCING ANYTHING BUT MORE DEBT?!
Get a job, loser.

>>18206618
Yea rich people get the money and inflate the stock market. Everything else seems to be suffering. We are seeing the stocks ect deflating due to exit scam and now the fed will buy stocks. Either way they cant buy all the homes and the economy mostly is run by prices set by common people so I could still see a deflationary recession.

>>18206752
Nice argument sheep. See
>>18206618

>>18207847
GDP is 20 trillion and over 95% of all transactions in USD

>>18204323
It is impossible for this to mean a thing for a nuclear military superpower. The debt could be in the quintillions, it would mean nothing.

>>18204107
based and Reichsautobahn-pilled

>>18203922
STOP. FUCKING. PRINTING GAAAAAAAH
>lets just give ourselves infinite money

>>18203922
FASTER JEROME

>>18205403
Flyover retard

>>18203922
> Hire one worker displaced by corona virus to dig a hole
> Hire second worker displaced by corona virus to fill in the hole

We've gone full Keynesian now. Socialism, bailouts and make-ready job programs. Who would have thought in 2016 that Trump would be the second coming of Eugene Debbs

>>18210167
Infrastructure is hardly hole-digging though.

>>18209535
deflation is literally impossible with the fed at the helm.
stocks are losing value because of economic uncertainty.

>>18210504
Deflation is highly possible and most probable

>>18204069
Take your meds

>>18204000
They already are. Road construction is moving along quick as fuck right now because of how empty the roads are.

>>18204026
With heavy equipment and a crew of about 10 people.
Pro-tip to /biz/: Heavy equipment is recession proof.

>>18204107

Enjoy paying like 100$ for a big mac in future 'merica

Wouldn't this technically kill small businesses?

Lets uhhhhh fix them bridges

>>18210849
Weren't we all short on $CAT two weeks ago? I am now confuse ..

>>18210167
A big infrastructure initiative comes around every 50 years or so. We’re due.

>>18210920
No. Infrastructure creates opportunities and raises property values.

>>18211064
Doubt this money will go in infrastructure.

Bring back railroads, the average human isn't capable of safely driving a motorized vehicle.

>>18203922
yo i am fuckin down lets go baby

https://brrr.money/
https://brrr.money/
https://brrr.money/

>>18211159
Railroads never went anywhere. We still use them.

>>18210995
CAT has fuckhuge cash reserves. I wouldn't short them.

I'm a literal communist and cool with this. Since Bernie's not gonna get the nom, I could care less who wins between Trump and Sleepy Joe.

This is a good time for the Republicans to flank Dems to their left. After all, Americans love socialism, as long as you don't call it that.

>>18203922
He's a jewish pawn, of course he is. He'd die than let the consumerist built up america fall

>>18211281
Haven't laughed like that in a while
Thank you based web devs

Imagine if Bernie got in and announced $2T worth of spending, how much all the conservacucks would be raging about muh tax dollars.
Politics is literally just a sport match where the people in red support then man in red and the people in blue support the man in blue. It's so fucking retarded.

What does this mean then?
USD going up? Stonks going up¡

Who cares? Haven*t you checked it yet? the USD will be gone soon enogh

>>18203922
fuck

>>18204107
Sounds like a new deal, except it won't be for useless parks.

>>18208533
t. Retard. Rail is king for shipping within the country.

>>18208687
America has a fantastic rail system for industry. Using it for non-commercial interstate travel makes no sense here.

>>18208404
>NYC
>the flagship city of the US
It's pretty sad.

>>18204118
Lol

At this point the government will become the economy.

>>18208687
It’s better if you live in Chicago to use trains.
T. Suburbanite

>>18211669
That was 2008

>>18211669
Not the government. But the people behind the government. And they are much more powerful.

>>18210795
please explain to me the argument for the deflation scenario

>>18211669
marx was right

>>18203922

Fuck yeah, try and make us pay, we got nukes mother fuckers, next shit hole country that gives us animal flu is getting glassed!!!!!!!!!!!!!!!!!

LOL they started to present model numbers but fox news and washington post are not showing the slides, instead they zoomed to the womans face. I had to go to Time stream to see the numbers.

>>18211720
This. The one thing European cities have on American ones is intra-city commuting. Denver, Portland, Boston... all the cities that came up in the last boom were installing light rail commuter systems to bridge the expanse of suburbia.