/biz/ - Business & Finance

>>19470986
Everything is fake as fuck the markets cracked in September of 2019 when the repo markets failed

>>19471103
everything what? Coronavirus? Protesters? The fed printing trillions?

>>19470986
>insure
Not to worry OP,whoever wrote this is clinically retarded

>>19470986
thats all you need to know: https://youtu.be/QPKKQnijnsM

its even worse by now. eat the rich. the system is rigged and everyone knows it. peaceful protests will solve nothing. there is a reason for all the anger the american youth feels.

>>19471170
It's from The Anarchist Cookbook
>>19471189
People are starting to realize they've got nothing left to lose. You can see the way they're protesting.
There's no more law or cops, they have no power anymore.
And I love it.

>>19471155
Interbank overnight lending
So you know fractional reserve banking?
10% reserve is required so for every $1 a bank loans out $0.90
Well in september 2019 they couldn't meet 10% and no banks would lend meaning they're all tight or one was insolvent
So the fed stepped in prinint 50b a night and by March 1.5t a night
Then they simply removed reserve requirement and made it legal to purchase junk bonds

https://www.federalreserve.gov/monetarypolicy/reservereq.htm
As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

To add when the repo markets went crazy it was the first time since 2008
It was a good signal for depression but the central bank changed the rules

>>19471244
This is organized and people are being used as pawns. The rioting will be crushed and there will be severe consequences for the terrorists stirring up insurrection. It's all taking place in D cities. Useful way to lockdown again and blame corona spreading, and also further destroy small business and the economy. This is about Trump and power. Your ideology means nothing.

>>19470986
Yes, but society was changing anyway. If you even began to grasp the truth you would know that al of this is necessary to bring about a new world.

>>19471361
The vocabulary is shit
"The new normal"
"Social distance"

>>19471424
It’s all psychological priming etc. We haven’t seen anything yet though. China is also starting to really throw its weight around. Unfortunately an overt authoritarian system is much more flexible, adaptive and nimble than the western covert decentralised authority system, particularly after a prolonged period of deterioration. Things are going to get a lot worse before we can go overt and properly respond.

>>19471351
I really hope the riots and rioters won't be "Dominated" as trump said, I want to see some more chaos in this shitshow of a country.
>>19471361
this is some 42 kind of narrative that is actually getting real

>>19471103
Yep
We've reached the end of the fiat currency experiment started in 1971. We've hit the 0% lower bound, and everyone can now see plain as day the QE was not temporary and cannot be undone. The central banks balance sheet cannot be normalised.

>>19470986
>How will the markets be affected by this?
The markets are the dog and everything else; the hoax pandemic, social unrest etc. are the tail

>>19472069
Capital is going to flee workers. QE expansion again is a buy signal because asset ownership is going to move away from the plebeian class because they have been so naughty. We are unironically going to golden bull and the wealth gap is going to reach historic highs.

>>19471943
Nigga the bible is real, we are making a single state of true believers that will rule the world into eternity, freed from menial labour. Early days though.

>>19472069
>1971
We've been on fiat since the federal reserve kikes took over almost 100 years ago

>>19470986
Remember Occupy Wallstreet?

Wowser, that really showed us!

Niggers just have to chimp out at least every 3-5 years. Thats just the price you have to pay for trying to domesticate an animal.

>>19472231
71 removed gold completely

Gold won in the monetary material game
Banks won in the financial game but debased gold in the process
Bitcoin wraps them together and fixes all this

>>19472069
>We've reached the end of the fiat currency experiment started in 1971
What now? Gold standard? Cryptocurrencies? We will never be free unless we go back to barter, every kind of monetary system is faulty.
>>19472152
Is the Book of Revelations getting fullfilled?

>>19472121
Yes its infinite QE from here on out. Asset prices will go up forever in nominal terms faster and faster until people demand payment in other money.
>>19472231
The dollar still had direct convertibility to gold for foreign countries until 1971.

>>19472289
>Bitcoin wraps them together and fixes all this
Imagine thinking this is the reality and not that BTC was just given to us by the government itself to exit scam the Fiat system.

>>19472309
What now?
Hyperinflations don't usually happen for world reserve currencies, or for most of the world at once.
It happened to the Roman empire in the crises of the Third Century.

What comes next is anyones guess

>>19472348
Why would the government give people an asset class that basically impossible to implement capital controls on?
Bitcoin is the most likely contender for future world currency and has been for quite some time now

>>19470986
They released the prisoners in April in preparation for these riots.
They shipped in corona patients to old age homes in order to wipe out the elderly

>>19472439
Oh shit you're one of that BTC maximalist that think BTC will be the solution to our financial system?
Nobody will ever use BTC other than to speculate on its price.

>>19471189
>feels before reals
they will feel however they are told to feel. and failing that, they are utterly inept and dependent on the system. they'll castrate themselves in solidarity against the system but thats about all they'll do.

>>19472481
>They released the prisoners in April in preparation for these riots.
Like in a Tower Defense game, they unlocked a stronger character to fight.
Why would they give us ex-prisoners to fight in riots? To fuel anger and destruction, or so they can kill them in the streets without having to deal with them in jail?

>>19472348
The block chain is a very simple technology, it was inevitable gov or not

>>19472309
The book of revelation is a description of the individual revelation of Christ, it isn’t worth much without the context of the entirety of the bible and some history beside it. God promised a land to the seed of his people and if we believe and act in the manner of that as grand strategy we can’t lose.

>>19472439
Bifurcation of money. Bitcoin will be one side and CBDC as the other.

>>19471244

>The Anarchist Cookbook

That's what he said Anon, whoever wrote this is clinically retarded

>>19470986
>Is this the starting of a Civil War?
Captain america: CIVIL WAR. Are you not ashamed to be an american? Are you not ashamed to be a business product?

>>19473267
this is pretty much what I see happening too.

Eventually the US will consolidate whites into gated and armed neighborhoods and secede from the union and the US will be nothing but like overlords ruling over hordes of spics and niggers living in mudhuts

>>19471296
Holy shit i'm not very into finance, but this sounds bad.
Good thing we have the corona disease to cover up all this. Sleep tight sheeples.

>>19470986

Sauce?

>>19471189
>all you need
All you need is a propaganda cartoon that ignores everything that matters to focus on emotionally charged subjects with no substance?
Do the top 1% use their wealth in the same way as the common consumer? What do our models of the system say the actual result of redistributing the wealth would be? What do the stats say? How can I make any judgement without knowing these things? The cartoon is all I need so why doesn't it provide any information?

>>19470986
https://m.youtube.com/watch?v=jfx7PnMtCeY

>>19471296
the thing that really blows your mind is that this basically goes by without anybody comprehending the significance of it. Also Fed is authorised to buy way more asset classes than just junk bonds now.