/biz/ - Business & Finance

>>18504550
If this is accepted, how will it affect me as a third worlder who holds 50k dollars in cash?

>>18504606
Your cash will get increasingly worthless.

If this passes I'm buying a party hat on RuneScape with it

>>18504606
buy gold and silver. now.

If this passes I’m throwing most of it into gold, silver, and crypto. The dollar will go down the fucking toilet

>tfw the elites are trying to purchase guillotine insurance from the public

cant believe they are crashing our currency with no survivors, universal basic income in the ultimate political weapon, Trump fired the first volley and now Democrats are falling all over themselves to try and bribe people overtly, outright with increased benefits. This is the road that leads to hyperinflation

Honk honk

>>18504858
Lmao this

Don't know how anyone else doesn't see this

>>18504859
>now Democrats

I thought they could not get anything passed?

>>18504858
This

>>18504858
Oh shit. Youre right

>>18504550
This shit would fucking destroy the value of the dollar. Everybody get your cash together and get ready to put it all in crypto and precious metals.

>>18505144
no it won't brainlet stop browsing pol

>>18504606
dude, buy fucking gold right fucking now lol

>>18504777
chekt, but who gives a fuck. if cash gets worthless, that will effect rich kikes the most, which is a good thing

>>18504606
Sell your USD quickly.

>>18505172
>Printing and handing out shit tons of money to everybody won't cause hyperinflation
Are you fucking retarded? I don't use /pol/, and I don't need to use /pol/ to understand the simplest of economics. This is grade school shit, fucking moron.

>>18504777

>>18505289
dilate jackass

>>18504777
digits check!

>>18505289
Look up the dollar milkshake theory retard.

>>18505209
Well, "rich kikes" aren't retarded enough to have most of their money in cash. An increase in the money supply usually leads to an increase in stock prices.

>>18505209
wrong, there will be extreme cost push inflation. the very wealthy will be the only ones able to afford anything. have you ever heard of the cargo cults? groups of islanders who received supply drops from British planes during wartime but then stopped. They would build replica planes afterward for years, thinking that building these planes would make the goods return. That's what will happen under this plan, except we will be printing fancy looking paper instead of making planes out of sticks. start lowering your expectations drastically.

>>18505289
>to understand the simplest of economics.

This isn't the simplest of economics

>>18505345
so all you have to do is not carry a lot of cash either, and you'll do great. i just don't see the problem.

>>18504606
your money will be increasingly worthless.. If you hold dollars you need to dump them now.

>>18504606
you convert your dollars into precious metals so you can still maintain wealth while the dollar collapses

>>18505144
retard... like the current brrrrr isn't already doing that. throw your electronic devices in the nearest river

>>18505555

>>18505406
>More dollars circulated
>Value of each dollar becomes less
Pretty simple.

>>18505568
>>18505323
>>18505302
Explain how my incredibly advanced and complicated theory above is wrong. I smell a samefag.

>>18504550
wont get it if your a dependent or college student

Shut up incel its just the flu

>>18504550
Cope incel. The shoe is on the other hand, yes?

>>18505323
I just did. The theory states that the value of the dollar will fall and the value of gold will rise. You literally just told me to research a theory that supports what I said. Look up the dollar milkshake theory, retard.

>>18505422
It's really only a problem for conservative investors. If you need your money soon (e.g. for retirement) then you don't want to be all in stocks.

>>18505144
>printing trillions for corporations is good
>printing trillions for people is bad

>>18505969
Based Republitard.

>>18505144
how come nobody cared about the value of the dollar when we went to war or bailed out the banks?

>>18505969
They're both retarded.

>>18506429
Because people are retarded. They are both stupid ideas.

>>18505637
wow, it would be horrible if tax evasion didn't exist, true

>>18504550
This bill has zero chance of being passed.

>>18504606
Buy bitcoin now this month trumpbux has already duplicated usa monetary base in one month.

>>18504550
yes just print money what can go wrong

>>18505172
It would increase the USA monetary base 15x.
Literally 700 years of printing in one year

>>18506721
The dollar is not real. It doesn't fucking matter.

>>18504858
>tfw its working
>tfw class war never

you experts have priced in the fact millions of people are getting MORE than 2000 from unemployment right now, right?

Lmao this is just them getting assblasted by Trump and suffering from the repeated blocking of the relief money. So they have to introduce the some crazy ambitious shit that'll never happen. So they can point the finger and say they tried.

>until the crisis is over
LMAO this shit is gonna stay forever. Nobody is going to have the balls to actually take away gibs from everyone once the cash starts flowing.

>>18504859

You know they could tax the elites instead.

>>18504858
That's the point of UBI as well. Just give the retards some money to spend on food, Netflix and OnlyFans to keep them busy and dull minded. Government is owned by shareholders and the shareholders are the ones who pay the most taxes which are corporations/elite.

>>18504606
>mexican drug cartel visits /pol/

I don't see any way around UBI with increased automation anyways. It's that or going full commie.

>>18506701

Didn’t realize the Zimbabwe-whatever was the worlds currency with a shortage of cash right now

>>18507429

NOOOO NOT THE BILLIONAIRE-INOS

BRRRRRRRRRRRRRRRRRRRR*honk honk*BRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>18504777
Checked

Can you even fathom how high Bitcoin would pump if literally everybody joe schmo and their mothers were getting $2,000 a month? I mean we’d see BTC pump by dozens of thousands a month. Man oh man is the USD fucked.

>>18504858
>>18504550
>>18504606
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>>18508968
The house always wins

>>18504550
Next presidential campaign is going to be pretty bullish for andrew yang lmao

>>18505870
No, that's not what it says at all. Get some reading comprehension you retard.

The brrrrrrrrr machine is already pumping stocks . Feds ARE buying stocks. But u retards won’t complain about that. Twitter and biz fags mad at some fags receiving $1200 like that is the entirety of stimulus pkg. Take at look at the stock market! Corporate is getting bailed out not the people. Feds buying stocks both directly and indirectly. If the usd becomes worthless it’s because they continue to bail out Corporate America mfs