/biz/ - Business & Finance

Is there any truth to drinking or doing making someone happier? It sure seems like drunk and high people are benefitting from using.

>>21476072
>Is there any truth to drinking or doing drugs making someone happier? It sure seems like drunk and high people are benefitting from using.

>>21475598
Is there any truth to drinking or doing drugs making someone happier? It sure seems like drunk and high people are benefitting from using.

>>21475598
Every dollar printed increases the circulating supply.

You are being diluted by an extraordinarily ruthless tax that you vote for enthusiastically.

Where does most of this money go? It is funneled through banks (for a tidy fee) to corporations which lose money but are friendly with politicians, journalists and bankers.

Keynesianism is corruption.

>>21475598
Yes. Don't listen to Zero Hedge retards or Marxists.

>>21476302
So it is ok that your purchasing power decreases year by year as long as an arbitrary number goes up? You are essentially saying that you love being taxed, which makes you sound like a commie. Are you a commie? You should fuck of to North Korea, or maybe feudal Russia since you enjoy having no property that much.

>>21476152
Best explanation you'll get OP. Except our economy is like the most hardcore alcoholic/junkie you've ever seen. Learn the difference between nominal value and real value. The only thing we are getting out of this is the dilution of our debts from direct money injection into people's hands. Most of them won't use it to pay down debt though.

>>21476152
>>21476267
>>21476600
>>21476671
You should have a basic idea of macroeconomy before posting in these threads.

>DUDE JUST LET ALL THE EMPLOYERS GO BUST, LEAVING MILLIONS UNEMPLOYED IN THE MIDDLE OF A PANDEMIC SO WE CAN AVOID 2% LOSS OF PURCHASE POWER THROUGH INFLATION
And since I want to be entertained, can you big brains explain how billions of QE has resulted in so little inflation?

>>21476267
I agree for the most part, but I think increases in MS causing inflation is like saying if tim aapl issues more shares the stock price will drop. Sure, but if he increases net assets by an equivalent amount, intrinsically it shouldn't change. If fed prints 3 trillion but also purchases assets worth 10 trillion, i wouldnt be really bugging about currency inflation in the hypserinflation cpi sense where people cant buy bread. Asset inflation is another story though which definitely ties into what u said. Theres also completely valid worry that whatever they buy is junk (corporate bonds) But if they just lie and cover it up no one would know the difference. He also said we tryna send that 2% inflation, which imo is why M2 is like 2-3x more than fed assets.

At the end of the day it doesnt matter cuz while u can still eat bread u still in ur moms basement.

>>21476879

Because they been buying bonds from golden sacks

>>21476879
I think all debts should be absolved, because the Federal Reserve is Unconsitutional and usury is immoral. Retards such as yourself believe that the way we currently do things - fiat money, globalization, hollowing out manufacturing, etc - is normal. It is not, and it can't be sustained. Better to bite the bullet now and do something about it. As far as QE not causing inflation, you're not paying attention if you think QE has not caused inflation. It very clearly has caused asset inflation in a major way. The best example is the stock market. Does it make any sense the stock market is doing as well as it is given our current situation? How is crypto able to go parabolic, with so many unemployed? I suggest you learn more about our monetary system. Banks have access to loans from the Fed, you and I do not. Banks aren't buying canned corn, they are buying or lending against assets. It also somewhat depends on your definition of inflation. The mainstream definition of inflation relating to CPI is flawed, because it can be manipulated by changing the criteria. The "Austrian" idea of inflation is more accurate IMO. They are concerned about expansion of the monetary base and any any increase in that base is inflation in their eyes. Much better way to conceptualize it. Money doesn't just toward consumer goods, it can be used to purchase assets.

>>21477156
Definitely would set back humanity by a lot if you do something as drastic as that. Is the time value of money immoral? or the riskless arbitrage of gs slanging bonds from treasury to fed. Human race progressed through debt, u need to keep people in the game. if peopl need to be worried about someone taking their shit u lose productivity. we got a decent framework wit the whole liberty freedom shit just need to wait until the boomers leave office but by then we fooked. Reset is inevitable, the question is in our lives or our kids lol

>>21476879
>DUDE we should just have an 'economy' based entirely on usurist debt based hyper consumption and when the ponzi scheme starts to collapse we should just print money and give it straight to the bankers to pump the value of these worthless assets!

>>21477419
How would it "set humanity back"? You do realize issuing debt is non-productive right? Your idea that it keeps people working is also hilarious. If you have a strong society (which we should all strive for), then people can decide what their production/labor should be. The incentives should not be running away from loan officers, but running toward a better life for your kids. People will work if they believe they are building toward something better. The modern world seems to have stripped that idea from us. We are all so atomized and selfish that we can't even conceptualize working to make a better future for our kids, something that was innate in people up until baby boomers.

>>21475598
Up to a degree, if you can inflate demand to quickly eat up supply.

Do this too much at the wrong places and you have stagflation of the 70's. Shitty companies bloated on bailouts and value of money dwindling.