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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 46 KB, 510x378, 160728-124210259389543-Sajal_origin.jpg [View same] [iqdb] [saucenao] [google]
18699020 No.18699020 [Reply] [Original]

Okay, so when this stable shit coin gets devalued and destroyed, what is going to happen?
Will we see a brain drain and mass exodus from the collapse?
How do we profit from people fleeing America?

>> No.18699078

>>18699020
It is happening slow enough it will not cause any visible shock. At some point, the government may just cut some zeroes off the currency if it becomes too cumbersome to do calculations (eg a loaf of bread costs $10000)

>> No.18699109

>>18699020
>The USD is now worth $1

Char fucking moron made this chart

>> No.18699123

>>18699020
you will notice early enough because countries will collapse and then abandon the dollar.

that's the moment when you have to short dollar and long gold, bitcoin or anything of value. aslong as it's the world currency nothing will happen at all

>> No.18699227

I expect the Canadian dollar to go tits up first.

>> No.18699266

>>18699123

Yeah, its when the overseas hording of the dollar as a safe haven starts to unwind, that is when shit hits the fan.

>> No.18699275
File: 108 KB, 800x400, morgan-silver-dollar.jpg [View same] [iqdb] [saucenao] [google]
18699275

>>18699109
>he still thinks fiat is a good monetary system
listen, you little autistic alphabet boy spook shit, the US Dollar is defined as 0.7734 troy ounces of silver.
Go do some fucking research before posting here again.

>> No.18699294
File: 164 KB, 1000x500, seated-liberty-silver-dollar-no-motto.jpg [View same] [iqdb] [saucenao] [google]
18699294

So, will we see Venezuela tier collapse?
Will the dindus chase after food trucks and will the media say dey dindu nothing for killing "racist" truck drivers?

>> No.18699313 [DELETED] 
File: 834 KB, 3000x2000, US0100-Peace-Dollar-1928-lg-56a1788e3df78cf7726afb2b.jpg [View same] [iqdb] [saucenao] [google]
18699313

Why is it so hard for Jews to follow the constitution? Will we become Imperial Rome? Pax Americana? Who is the next Caesar?

>> No.18699643
File: 402 KB, 757x656, Au.jpg [View same] [iqdb] [saucenao] [google]
18699643

>>18699123
>long gold

>> No.18699791
File: 28 KB, 600x338, Bison-600x338.jpg [View same] [iqdb] [saucenao] [google]
18699791

>>18699313
It will be the Pax Bisonica.

>> No.18699809

>>18699643
Anyone know how much gold he holds btw?

>> No.18700095

>>18699809
he's literally sitting on it

>> No.18700133

>>18699078
Cutting zeros doesn’t pay the debt. Debt assets going falling by 90% is the only way.

>> No.18700199
File: 387 KB, 244x240, impressive.gif [View same] [iqdb] [saucenao] [google]
18700199

>>18699643
like the meme

>> No.18700297

>>18700199
Thanks. I made it last night and when I saw the thread pic, it seemed appropriate to debut.

>> No.18700302

>>18699109
Are you being retarded on purpose?

>> No.18700694

>>18700133
Debt is being paid by inflation, but inflation is slow enough that it doesn't affect most people i.e. prices go up, but wages also go up. Only the very rich are hurt by the 2% inflation per year which is just a backdoor tax. In the end, the debt isn't worth much because it is still denominated in devalued currency.

>> No.18700749
File: 143 KB, 689x768, 1587657575617.jpg [View same] [iqdb] [saucenao] [google]
18700749

>>18700694
HOW THE FUCK DOES ANYONE HAVE A QUARTER MILLION DOLLARS FOR A FUCKING HOME WHEN THE AVERAGE MEDIAN INCOME IS ONLY FUCKING $3 3 , 0 0 0 B E F O R E ( ( ( T A X E S ) ) )?????
HOW IS IT FUCKING POSSIBLE EVERYONE IS LEVERED UP TO THE FUCKING MOON

PLEASE FOR THE LOVE OF GOD MAKE IT STTTOOOOOOOOOPPPPPPP
AAAGGGGGHHHHHHH SUICIDE IS MORE FAVORABLE THAN WAGE SLAVING FOR MR JEWBERG AAAGGGGGHHHHHHHHHHHH KILLLLL MEEEEEEEEEEE

NO FAMILY
NO HOMES
NO LAND
NO GF
ILLEGALS
TRANNIES
COMMUNISTS
PEDOPHILES
GOVERNMENT

THEY TOOK EVERYTHING FROM US

>> No.18701034

>>18700749
Yep
What are you gonna do about it?

>> No.18701243
File: 229 KB, 1300x825, 96211694-constitution-of-america-we-the-people-.jpg [View same] [iqdb] [saucenao] [google]
18701243

>>18701034
What are WE going to do about it you fucking coward?
We Constitutionally cannot form a Confederation. An economic union of small sovereign communities might convince the (((sociopaths))) to Ruby Ridge any economic freedom movements.
I thought you faggots were smart not condescending pieces of boot licking shit.

>> No.18701838

>>18700694
>but inflation is slow enough that it doesn't affect most people i.e. prices go up, but wages also go up
No it fucking doesn't? How dense are you?

>> No.18702119
File: 913 KB, 2140x1416, US issues.png [View same] [iqdb] [saucenao] [google]
18702119

>>18700749
Brrrrrrr

>> No.18703001
File: 507 KB, 1070x601, 33481015d04b3974f9ed7acf616592901b13507ebdabf48ee1d6d09d63acc2c4.png [View same] [iqdb] [saucenao] [google]
18703001

>>18702119
FUCKING END MEEEEEEEEE RREEEEEEEEEEEE AAAAAGGGHHHHHHHH

>> No.18703818

>>18699020
Bump

>> No.18704102

>>18702119
we need kleros mainnet now!

>> No.18704234

>>18699227
Big time... they are so fucked and don't seem to be aware of it.

>> No.18704311
File: 584 KB, 1024x659, USD_PP1.png [View same] [iqdb] [saucenao] [google]
18704311

>>18699020
God the OP pic is fuckin cancer. Why does it start at 25 bucks? lmao.

>> No.18705022
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18705022

I'm so tired of this, bros.
I just want to coom in a girl and raise little babies in the country side away from (((society)))
>inb4 hurr duur they're gonna be socially retarded
oh, like 99% of faggots on this board, right?

>> No.18705622

>>18704311
Brainlet, it means that 1 dollar back then is worth 25 bucks now.

>> No.18706031

>>18700749

dude just have like 6 kids and get all the government gibs you can lmao

>> No.18706052

>>18699020
>Okay, so when this stable shit coin gets devalued and destroyed, what is going to happen?
as soon as they've come up with something else they will force upon you to transact with

>> No.18706083

>people fleeing from America

You are unironically too late to get out. Try leaving USA now.

>> No.18706100

>>18699020

Nothing will happen, cuz everyone else is far, far worse.