/biz/ - Business & Finance

>>18559058
>Time limits on monthly UBI allowance (use it or lose it)
so you cant save it for a major expense, rainier day or to get ahead?
force you to spend your consumer dollars before they expire

what they planned all along

limiting how much money you can put into retirement accounts per year

they dont want anyone to save money.
spend spend spend never stop spending

>>18559058
moon

>>18559058
if they do that, PM confiscation isnt far behind. We'll turn into USSR and slowly descend into madness over a decade while the rest of the world sucks out all the useful human capital. Then one day we'll crash and reset at which point you'll be able to spend your PM to get a good foundation to build upon. So if you wanna hedge, bury your gold where no one can get to it

>>18559058
every new piece of there plan they reveal gets progressively more evil and destructive every step of the way.
there seems to be no limit to there evil
i never would have thought this in any way serious way before. but holy fuck i don't know what else to call it

>>18559308
This. Theyll confiscate anything of real value.
Bitcoin can evade capital controls though so you might be able to just move to a better country with all your btc.

They know this though so theyll try to attack bitcoin through the exchanges, banning tether etc

>>18559058
I don't get it they cant force you to spend it. Just withdraw your money is cash, and buy precious metals or have stacks and stacks of money.

>>18559839
YOU CANT WITHDRAW DIGITAL VAPOUR WARE DOLLARS

THIS IS THE PLAN. THIS WAS THE PLAN ALL ALONG

>>18559880
Buy jewelry if that's the case unless they try to take that too.

>>18559880
If digital vapour ware dollars is supposed to be equal to dollars, then I should be able to withdraw it. If I can't withdraw it will never be equal in price to real USD.

>>18559935
IT WILL PROB BE LIKE A WELFARE DEBIT CARD WHERE YOU CAN ONLY USE IT TO BUY FOOD AND RENBTS.

>>18559880
Furthermore why wouldn't I just move to one of the many african countries that don't have strong internet banking systems at all if any. Case in point Morocco which is mainly cash society there no way they could ever implement this worldwide.

>>18559935
IMF already been planning for it

https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/

this is probably the same way they will choke cryptos

>>18559960
Working people are already against welfare as it is, if taxes increase on middle class your looking at next civil war.

Only way this would work is if your taxing the 1% to pay for UBI.

>>18559839
> Available funds: $2000 - expires in 30 days
Did you watch the video?

>>18560090
tl:dr?

>>18559993
>https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/


Interesting read anon, if they went that route wouldn't just be better to use any income to invest in corporations/blue chip stocks that will never die and keep increasing. Along with precious metals. Couldn't I buy cash in a society that hasn't implemented internet banking where jews can't touch it.

>>18560107
Fed will give you $2000 but not of USD, of a digital currency and will put a neg interest rate on USD.
They gradually change the exchange rate of digital vs USD so that you can't hold cash to escape the neg interest rate.
They will place a expiring on your free UBI to force you to spend it.
Not mentioned in the video, they will eventually make certain things not purchasable with the UBI to close loopholes (gold, silver, guns). They will say we aren't giving you free money so you can shoot people or fill a safe with gold.

>>18560112
>if they went that route wouldn't just be better to use any income to invest in corporations/blue chip stocks that will never die and keep increasing
that might honestly be their intention. That way they can start to advertise the infinite stonk bull as something "organic" because "normal people" are buying it, as opposed to the fed just straight opening its wallet and buying trillions in penny stocks and toxic debt directly, which is difficult to portray as anything artificial. May as well just launder the money through the american citizen's pocketbook first to make it look legit.

>>18560112
>corporations/blue chip stocks that will never die and keep increasing.
infinite growth in a finite world, that's the assumption that's causing all these problems in the first place. just look at japan's stock market. that's where the whole world is headed.

more people are now questioning what is the point of taxes. gov can just print up UBI in any amounts.

this can only happen digitally. In 1996, the NSA published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash, describing a Cryptocurrency system, first publishing it in an MIT mailing list[10] and later in 1997, in The American Law Review (Vol. 46, Issue 4).[11] crypto is most likely a psyop to condition the masses.

cryptos have opened up the public's acceptance of a fully digital currency. all spending can be tracked perfectly. you want to hide your excess in gold? itt says here that you bought it for 1700 usd. you are selling it for 2000 usd. we will now tax you the appropriate amount. the amount that ensures you cannot make a nominal gain. thank for for using fedcoin.

>>18560002
it's 2020 and working people don't count for anything in politics anymore, only niggers do

Nothing a little rope can't fix.

Once they pull this shit it will be time to take your guns, get a piece of property out in the middle of nowhere and homestead until they come for you.
Better to be poor out in the wilderness and free than a slave in a 500 sq ft apartment along with all the nignogs

>>18559058
>2k/month
I'm going to have so much fucking ARPA by the end of all this
Wait...we are going back right?

>>18560168
yea i forgot to add this. they'll devalue the american dollar to "Fedcoin" so that if you withdraw it you're instantly losing value anyway. this is worth a civil war imo

>>18560233
fuck fuck fuck god fucking dammit

>>18560276
Absolutely. Hopefully enough people are awake.
I fear the vast majority of people are all too ready to become a pet animal of the government.

>>18560233
Civil war it is then. Followed by hanging politicians soviet russia style

>>18560255
checked and redpilled

>>18560233

This is why I don't understand the end-goal of buying precious metals. If the price soars up, the government will raise the capital gains tax to 90%, or even ban them altogether. PM investors are a minority, so the general public will rejoice in their persecution in order to raise revenue for social programs. Do you think John Smith will shed a tear for Peter Schiff and Mike Maloney when his house prices and stocks are plummeting to zero?

Perhaps the only people who can escape this kind of persecution are those who invest in vaults in Singapore, Switzerland, etc., or buy allocated bullion on websites like GoldMoney or BullionVault, and so can flee the country with their wealth. But this runs contrary to the "If you don't hold it, you don't own it" narrative.

>>18560233

This is why I don't understand the end-goal of buying precious metals. If the price soars up, the government will raise the capital gains tax to 90%, or even ban them altogether. PM investors are a minority, so the general public will rejoice in their persecution in order to raise revenue for social programs. Do you think John Smith will shed a tear for Peter Schiff and Mike Maloney when his house prices and stocks are plummeting to zero?

Don't think you can bury your gold and wait for PMs to get unbanned again. The last ban lasted over 40 years.

Perhaps the only people who can escape this kind of persecution are those who invest in vaults in Singapore, Switzerland, etc., or buy allocated bullion on websites like GoldMoney or BullionVault, and so can flee the country with their wealth. But this runs contrary to the "If you don't hold it, you don't own it" narrative.

>>18560493
>Here is 10 oz for your nice used-shotgun sir

>>18560295
free is good. always get free lunch. ugg like.

ugg can food. ugg can fugg. ugg have football. not need much. maybe some yeasty grape juice. ugg happy.

gov take care of ugg. gov is good. gov know best.

>>18560493
>I don't understand the end-goal of buying precious metals. If the price soars up, the government will raise the capital gains tax to 90%, or even ban them altogether.

I think the idea it to wait out the government collapse or smuggle your precious metals to a foreign country that doesn't have capital gains tax.

>>18560517
precious metals last longer than governments, my friend.

>>18560532
>>18560544

Should link to >>18560517, sorry

>>18560493
gold and silver price always remains the same, in gold and silver terms. if they raise capital gains 90% it doesnt matter because a silver oz will continue buying you a small bunch of groceries

>>18560532
>>18560544
>>18560577

Should link to >>18560517, sorry

>>18560517
you can't beat the jew.

you can only join in the game. the average person doesn't own any PM.

but the ultra rich and central banks have vast hoards of gold. they will seek a reset scenario whereby past values for financial assets are devalued relative to gold. thusly, the net effect on their power will be zero.

realize as well that the elemental properties of pure gold make it the money of choice for past civilizations. gold can become a citizen to citizen method of commerce. gold is still used in such a manner in other parts of the world.

>bob i'll buy your house for $100 000. also have some gold on the side cuz i'm feeling generous. bob is experiencing financial burdens so he is willing to sell it for such a low price.

the $100 000 will be recorded as the official sold price

>>18560577
>a silver ounce
Try 1/10 of a silver ounce

>>18560577
>>18560532

If the government says you have to pay your taxes in dollars, you will have to cash out those PMs at some point and make a loss, unless you have enough money in other savings to tide you over. An outright ban is what I find most likely though, because the U. S., the U. K., and Australia, have all done that before.

>>18560544

If you go on a plane you have to declare any amount over $10,000, if I recall correctly. Andy Schechtman does say he once boarded one with $300,000 in gold maples, and got away with it because the face-value of the coins didn't amount to that much, but that loophole seems dubious and as if it might be reversed or re-interpreted at any time. Nor could people who buy bars, krugerrands etc. take advantage of it.

Imagine how nerve-wracking it would be to carry all your life's savings on your person as you tried to flee the country in a time of economic crisis.

So sick of jews. Why cant these parasites leave us alone?

>>18560724
I would most likely book on a transport ship, they don't even border checks really at ports. Much easier. There is a future countries I would dump my wealth that don't use "emoney"

>>18560724
numismatics are taxed at a 0 rate. because they are collectible. eagles and maples are numismatic....

i am already aware of the legal tender loophole. which i why i specifically buy gold maples.

if the world ever locked down to the point that you must flee the west, i'm sure the gold could entourage certain groups of people to assist you.

>>18559058
>another FUD thread on PM
Getting real sick of this shit. No, your crypto shitcoin won't moon, just because you can't afford a single ASE doesn't mean you have to shit on those who can.

>>18561076
Some FUD is healthy. Gov will probably demonize people who invested in metals at some point.
Silver/gold gives us a fighting chance, if they shut this last way out down it will be time to flip the table over and start a different game.

>>18561107
>start a different game.
what must we do sensei?

>>18560168
What about if your safe is already full of gold or at least silver?

>>18559058
Final steps of the NWO.
Tinfoil bros were right all these years, but we didn't listen...

>>18561140
Everyone will have to choose:
Live off the grid, fight the gov and die, or do nothing and accept it while grumbling. None sound very fun to me but this was the plan all along, they were just waiting for the right event to implement it.

>>18561206
Depends how far they will push it and how fast. We may get to be very wealthy for a short amount of time.

>>18560233
this is it, (((their))) endgame is now unfolding.

>>18559308
>>18559454

No matter which country you run to, I suspect the U. S. government will hunt you down and destroy you. The speed with which the whole world has gone along with this coronavirus panic shows how weak national sovereignty really is. Any country which keeps free money legal, like gold and Bitcoin, will eventually be bullied, sanctioned, or invaded. Besides, every country in the world is printing its currency into oblivion right now and will want develop its own version of Fedcoin--what government doesn't want to exert that kind of power over its citizens?

>>18559058
>>18559213

Nothing in the bill says you can’t save your money or invest it

>>18559058

>Time limits on allowance

Oh wow, this is kind of not actual income then but rather an expenditure voucher. This is not unlike Battaile's economic theory of surplus/excess consumption which is worrying because we're getting to the point of enacting meme policies from the era of literal cyberpunk authors

Why do all of you literal retards give a fuck? Nothing is going to change about your lives. No one cares about you sitting around on the Internet all day. No one is worried about your $1000 gains from shitcoins.

Negative interest rates will encourage dumb people to invest their money instead of holding cash.

Why are you all unable to look at the positive side of things?

>>18561548

>>18561588
>NWO is good for you goyim, i swear! hehe

>>18561631
>I’m just gonna sit around and blame Jews for my inability to find any joy and constant need to view things in a negative, contrarian way

Let your constant negativity consume you, it’s only hurting you. There’s nothing you can do. Find a way to thrive in the system or let it crush you faggot.

>>18561548
Because you shithead, I have a son on the way who going to be born in a couple months. I don't want him to grow up being a slave to the system. I want him to have some sort of economic freedom so he can then find keep my lineage going.

>>18561588
i don't want to "invest" my money. i want my savings to be free of confiscation via inflation. when i observe an opportunity for economic gain, i will act on it.

my investments are related to my business. i'm not buying into the stock market. citizens should not be forced to spend.

>>18561682
That’s your own fault for deciding to procreate in this system. You’re the asshole who thought it was a good idea to bring a child into a world you despise.

Either brighten your outlook on the world, or get ready to pass your disfunctional misery onto your son.

The world is as it is. No one is changing it. Either learn to enjoy it or kys.

>>18561548
Modern day bread and circuses.
They aren't implementing this to help you, it's to placate you.

>>18561757
No one doom and gloom here faggot, I am literally discussing ways to protect my income from greedy jews.

I think I'll be ahead of the game just like most people in this thread. The world be as it is but can't blame a guy for trying to make his world better.

GTFOutta here with your negative bullshit.

>>18561740
Good luck creating your own financial system in which to do business living in a technocratic authoritarian world. Should be easy to develop a microeconomy to support you and avoid the IRS in the process.

The system is as it is. There are many easy ways to save your wealth and you’re a retard if you don’t spend the time to figure out those methods.

>>18561757
And you think we have a dark outlook. The Western world would not exist if everyone thought like you for the past few hundred years.

>>18561779
None of you are doing anything to make the world better by sitting around on biz complaining.

You wanna save your income? Buy assets that preserve or create wealth. Nothing has changed. Poor people will just get relatively poorer compared to the rich. In the long run, their lives will improve but they’ll just complain that they don’t have the latest technology and luxury goods for free.

Nothing changes. People are people.

>>18561788

my businesses create surplus wealth because i have work ethic and amclever.

i place some portion of this surplus into gold. some of the surplus is reinvested.

some surplus is in cash. i don't want to be forced to spend this surplus. that reserve is the reason i can sit all day and not worry much about the next 6 months easily. my business is still at breakeven after losing 80% of my revenues.

but neocon economics tells me this is bad. i must spend to encourage GDP growth.

why are you so angry going around calling people retards.

>>18561825
>> Buy assets that preserve or create wealth
Already doing that

>>Nothing has changed.
Yes it has, you less freedom to invest your money less options available to you

>>In the long run, their lives will improve
It's the exact opposite you will be getting rid of upward mobility the rich will be rich and the poor will be poor unless people/families pool their weatlh and band together. Which will be even harder considering they want to keep everyone poor and rely on the state to raise your child.

>>18560168
People will find places to stash their money that are effective at preserving the value which for a UBI would be any number greater than zero. There would be no way to stop people from not spending the money because at some level the money is worth exactly zero because there is no work done to produce the money.

>>18562089

There is no work done to produce most of the money going around already OP. Or do you really think companies like Netflix are really ever going to provide services equivalent to their average 100billion+ USD valuation? Negative rates are already a thing and a daily thing if you're Softbank or some other venture capital larper, they're just expanding it to common folk now and no, there is no escaping it

>>18562089
Yeah I don’t see how you could successfully ban all valuables. If you ban gold and silver, people can still invest in precious stones like diamonds and emeralds, rubies etc. Even if you banned those people could still buy semi-precious stones like pearl or turquoise.

>>18560517
The fact that there is so much pre 33 gold still floating around shows you how many Americans refused to comply with FDR. Its hard enough to convince someone to lead a SWAT element over guns, you think anyone's volunteering to die to seize a gold coin and a handful of silver?

>>18560724
Where the fuck you niggers gonna fly too? Some shitskin country where youll be skinned alive for being white. Fuck all you faggot pussies. Jesus christ.

>>18562684
My GF is moroccan and my future son will also be a dual citizen. Such is life in the USA.

>>18561682
HAHAHAHAHAHAH fucking idiot having a kid. I could have told you 12 years ago starting a career and especially starting a family was a dumber idea than raw dogging an HIV infected hooker.

I mean 10 years ago before i got redpilled my gut just told me it was all fucked, and would all come collapsing down. And then in the last 5 years it was so fucking obvious.

>>18562708
Alright well then maybe you have a chance, but still probably unlikely. My sister and her husband live in the town i grew up in, 4th richest zip code in america. They are starstruck by all of this. 3 little kids. They are FUCKED ....job gone...not coming back, they are besides themselves. I couildnt imagine having little kids in this scenario.

>>18562684

Jeff Berwick (the Dollar Vigilante) is happily living in Mexico right now, deliberately. There is no coronavirus panic there. He also says that its government has little power. He thinks that the U. S. will be trying to stop people from leaving the country if you don't get out soon, and that the Trump border-wall is more about keeping you in than others out.

But if that seems too adventurous, I would rather live in Singapore, Bhutan, or any number of other countries that are not white than the United States.

>>18562181
Yes, but now everybody gets worthless money and even if you enforced negative rates or time limits to the cash people will just figure out a way to piddle away the money because they value it at some value more than zero.

>>18562254
That's my point generally, but they could easily stockpile food with the money or find something else that would be a store of value. The whiskey rebellion was fought because corn that would rot was taxed after it was turned into whiskey to preserve it's value.

>>18561237
Yeah you fucking retards, you didn't fucking listen and now its too fucking late

>>18560255
Can’t do that anymore when the whole planet is under a control grid. What do you think papa Elon is doing with his sats?

>>18562850
Other ways you could hoard value with your shitty New Dollars that expire:

- Expensive whiskey and cognac
- Cigars
- Manuka honey no joke that shit is expensive

>>18560517
Bruh you can’t leave the planet earth

>>18562744
It's all good, all 3 of my jobs are essential 2 in the medical field 1 full time the other per diem and a government job that is part time.

If I end up marrying the moroccan I'll probably go for a consulate job in her country make america dollars in the third world, really get ahead.

Hopefully I can stay employed and get out ahead

>>18562820
unironically shitholes are going to be the new white frontiers. look at south africa and white only self sustaining towns like orania.

>>18562982
You really want to live in Somalia?

>>18563157
all of africa will collapse. you could set up shop anywhere. the nigs will either flood europe/middle east or starve/cannibalize back to 1800 levels. shouldnt take more than a month or two.

there is literally nothing in southern africa for blacks without whites being there.

>>18563191
I know. Imho there is going no place to go.

>>18560168
>use fed coin to buy buttcoins
>use buttcoins to buy guns
problem solved

>>18561548
I've had enough

>>18560642
MERCURY DIME BLOW JOBS
Make no mistake, when people refuse to participate in this mega ultra jewish UBI scam, they will return to what worked before: gold and silver. (((They))) will call it "black market" but guess what? That's the free market. That's the liberate populace doing their thing.
They want you to hate Liberty because they want you enslaved to their system. They're weak, frail old men who are so deprived of anything real in their lives they project their insecurity and control freak nature onto humanity itself.
No more, frens. 4chan was originally meant for memes, but honestly this is the only place I feel liberated from the brainwashed masses who will bend over and accept this.
We cannot accept this. We area public forum of like minded people who will not accept tyranny.
Our Constitution and morality has been perverted by no name people.
We don't need them.
We don't need them.
We have each other.
We outnumber them.
Do not accept it.

>>18559058
Sell it for a discount for real dollars, then buy gold with it.

>>18564332
you're mental. the technology that makes ubi feasible will make life so easy for the majority of people that they will actively ostracize anyone who wants to work outside of the system.

>>18564350
>confirming a biblical prophecy that no one using (((UBI))) will be cast outside the system like a leper
Ur just some edgy lame person who no one invites to parties
Do you even know the definition of tyranny?

>>18564372
No dude, he has a point. I monitor my neighborhood's sentiment on the app Nextdoor. People simply *discussing* the idea of organizing small peaceful protests to get businesses back open are being crucified publicly by their neighbors.

At this stage.

What the fuck do you think happens when the money pipes turn on?

Come on. There are people in this thread who have said they have a kid or kid on the way. Think about reality for one second.

>>18561438
Not every country is printing money into oblivion. You are just retarded and USA centric.

>>18562911
Hard alcohol and cigarettes are money. Of course not all are the same so stick with brands that are recognised and good quality.

>>18564577
What about PNK should I buy more PNK?

>>18559058
>The proposal is for a central bank to divide the monetary base into two separate local currencies—cash and electronic money (e-money). E-money would be issued only electronically and would pay the policy rate of interest, and cash would have an exchange rate—the conversion rate—against e-money. This conversion rate is key to the proposal. When setting a negative interest rate on e-money, the central bank would let the conversion rate of cash in terms of e-money depreciate at the same rate as the negative interest rate on e-money. The value of cash would thereby fall in terms of e-money.
Fuck. So they will just BRRRT the shit out of cash to ensure you can't hold value in it either. Consoom or die.

>>18561548
>>18561588
>>18561680
>>18561757
>>18561788
>>18561825
>>18561459
big nose moment

>>18565502
from reading the data on coinbase it seems crypto currencies are not really worth anything

except for bitcoin, which is worth around $10000 thousand dollars for one

>>18565666

confirmed. crypto is not worth anything

>>18559935

Yeah, that's exactly why they call cash "dirty and for criminals" and why they want you apped, chipped and cashless.

You best start believing in jewish conspiracies, because you're the victim of one.

>>18565666
checked
only BTC and unironically PNK will be worth anything in the end

>>18559993
Almost admirable how open these scam artists are about what they’re planning to do. They’re literally telling the sheep exactly how and why they’re going to be fleeced

>Without cash, depositors would have to pay the negative interest rate to keep their money with the bank, making consumption and investment more attractive. This would jolt lending, boost demand, and stimulate the economy.