/biz/ - Business & Finance

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>>22985835
>fed steps in, says they will wipe the us debt out and replace it in terms of fedcoin. All peoples wiled out savings is replaced by fedcoin
>fed is hailed as a hero
But what about assets/property? Fedcoin will be for slaves

>>22985938
Debt based currency is already for slaves. Assets will remain and be priced in terms of fedcoin

I've actually been looking to have this discussion for a while.

>Princes of the Yen
https://www.youtube.com/watch?v=5-IZZxyb1GI

>tl;dw
>Japan has state run bank, efficiently allocates resources and bolsters economy
>Fox gets in henhouse, intentionally blows bubble to create crises for "economic structural reforms"
>bubble blown, bubble pops, fox in henhouse refuses to use monetary policy for economic relief until "structural reforms" take place
>new politician installed, dismantles state run bank, financial deregulation, fox in henhouse retires, Bank of Japan how has defacto control over currency
>fox in henhouse then lobbies to make Bank of Japan private and independent from the state

Crises is used as a catalyst for economic change. This one is global. The coronas is being used as a tool to disrupt the global economy and enact change. The World Economic Forum isn't even being sneaky about it, they're letting their dick hang out:

>The Great Reset
https://www.weforum.org/great-reset/

So my question is what the fuck are the changes? What are they going to push on us in the name of safety/economic reform?

>>22986262
I think the ultimate goals are more control over the economy and a transition from something already breaking into somethjng else they control. If they control the demolitiom, they control what it builds into.
Obviously there's other things that can be achieved through covid as well, such as communistic tendencies and welfare state status, but i think those come secondary to the overall goal of retaining/furthering control of our global financial system.
Thank yuk for your thoughts anon. Thats an interesting take on Japan's central bank - havent watched the video as i dont uave much free time currently, but I will after work

>>22986350
>>22986262
Fedcoin can also he pushed in terms of safety
>it doesn't transmit the virus

>>22986425
Also
>look this fixes the change shortage

What about private ownership of precious metals? And would domestic mining companies be nationalized?

>>22986475
When the fed destroyed the gold standard they took everyone's gold (us currency) away and replaced with fiat.
I would anticipate the same to happen now, only with fiat currency to digitized. In other words, because gold is not directly tied to the dollar, I do not think they could make that play without people actually getting pissed. I think its unlikely that anything other than us fiat currency will be touched directly

>>22986350
No prob, I've been studying MMT/QE/Inflation/Deflation and the Central Banking Cartel lately; hard to share my thoughts cause nobody follows this shit. That video there is the best I've seen that explains the modern way that private central banks gain control over a countries money supply. It used to be done with war, and that tradition is certainly practiced on occasion (Gaddafi/Lybia). But it makes sense to wage economic warfare as opposed to kinetic warfare on a nation since it keeps most of the assets of the target country in tact.

I've come to think of Private Central Banks as embassies of the real nation, NWO, globalists, whatever you wanna call it.

But yeah, clearly they want to retain control, which is why they condemn nationalism at every level; can't have strong independent nations, they must be dependent on the world economy, which is why you see the manufacturing torch passed down to undeveloped nations. If you watch that movie, part of the terms of surrender was to convert Japan from a manufacturing economy to a service based economy. They did the same to the Tiger economies of Korea, Singapore, Taiwan, etc. Now China is being phased out from a manufacturing economy to a service based economy and the manufacturing torch is being passed to Vietnam and India.

They move countries around like fucking pawns on a chessboard

bump

>>22986730
This is a very interesting take - never thought about the "manufacturing torch" like that but it all makes sense - just cycle the countries so the more developed countries become more dependent on the less developed.
Do you think this a big reason for all the tax hikes and what not that trump wants to prevent, so manufacturing doesn't leave our country like they want it to?

>>22986730
Also I agree it is difficult to find anyone to discuss this stuff with. Super disheartening for 2 reasons:
>this shit is interesting as fuck and I want to talk to people about it
But more importantly
>noone fucking cares

>>22986262
Ultimate goals are:
Crashing the economy
Mass vaccination - reduced white population
UBI
Centralized Digicurrency

>>22986262
oh and i forgot chip implants

>>22987393
yes most of the people i know are sheeple and just think im crazy, but you can already see all small businesses going out of business and getting eaten by the big fish

>>22986730
interesting take, ive studied China and have to say youre partly right, they are moving low tech production to Africa (mostly because Vietnams labour is already cheaper and the middle class in China got richer) and want to focus on a high tech industry, its all mapped out in their Made in China 2025 program, also China tries to seize control of the world thru Belt and Road Initiative and Debt Traps, another thing to look into

>>22987198
All I know is Trump wants to restore manufacturing to the US. It's prohibitively expensive to do so and will cause inflation, thanks to the world economy. One way to control this is through tariffs; make it more expensive to participate in world trade, give incentive to manufacture on US soil. If he would do the same with the outsourcing of jobs then the majority of citizen complaints would be solved within a year.

>>22987393
Yeah, I wish people would care more about this shit.

>>22985889
Bullish

>>22988469
To add onto this, I think that's why (((they))) want Trump gone so badly. He knows what the problem is and how to solve it. He wants America to manufacture again. He wants America to be independent from the global economy. He's a nationalist and he's in the way.

you're retarded if you think China is helping the jews

>>22985835
I mostly agree with you except for
>change shortage
This was not planned, its just what happens when there is imminent hyperinflation. Same thing happened in Zimbabwe, right before their currency went to shit. It also happened in the US right before the Great Depression.

>>22985835
Excellent topic. Thanks for posting.

>>22986350
>So my question is what the fuck are the changes?

See two macro paths (there maybe more) but for discussion there’s the good path and the bad path.

Good path pushes us into a system where the individual is assured the value s/he saves is solid. Guessing that means [whatever] form of exchange is ultimately backed by [something]. Practical take away: someone working as an entry level cashier can payoff a home in ~5 years, save for retirement, and live a middle class lifestyle. AI oversees the medium of exchanges, all transactions, and the financial system is deflationary which in turn rewards savers and drives prices (but not the value of the stored savings) lower.

Bad path pushes into a system where a store of value is effectively impossible. Gold/silver/non-approved crypto is verboten and UBI via whatever [coin] becomes the norm. People get addicted to the gibbs that cannot be saved and AIs watch over all transactions monitoring for anyone trying to break free and/or committing whatever thoughtcrime the regime deems impermissible.

>What are they going to push on us in the name of safety/economic reform?

Cashless will be the next step. They’ve already 86’d coins here in the US.

I think another BIG issue here is the Eurodollar. Honestly struggling to understand it but did like Gammon’s video yesterday where he took a stab at it.

https://www.youtube.com/watch?v=OjUhAXi-Y3Y&t=215s

Also he did a good video a while back on Schwab. Worth checking out:

https://www.youtube.com/watch?v=1xO723gH7Go

you guys are years behind /xsg/
nice to see youre starting to wake up though

>>22985835
/Pol/ doesn't like realistic conspiracies, they want to hate on jews that somehow control the world while being subhuman

>>22988467
You got any articles on that? Would like to study it

>>22988544
Checked and agreed

>>22989061
Unironically this. The XRP schizos have been talking about this exact thing for years. The financial reset will come, Fedcoin for the USA, whatever other CBDC for other countries, and XRP as the bridge asset between them all.

XRP schizos have been pointing out every domino as they've been set up, telling you exactly how they're going to fall. Yet something tells me you'll still deride and ignore them all.

>>22989073
>realistic conspiracy involving banking
>not the jews doing it
Anon, I...

>>22989061
What general is /xsg/?

>>22988631
I could be wrong on that. But I think its somehow connected - might have the actual details wrong.

>>22989028
No problem anon thanks for the bump

>>22989246
/XSG/ = XRP Schizo General

>>22989282
Thanks gonna be browsing that this weekend

>>22989061
>you guys are years behind /xsg/

Like the XRP threads but the attention whore TWTR followers drown out a lot of the meaningful discussion. There was a good discussion the other day I found on a non-XSG thread...breath of fresh air to not hear about “muh date”, “muh phases”, etc., etc. - see link below:

https://archive.is/GPEpZ

>>22988469
>Trump wants to restore manufacturing to the US.
>It's prohibitively expensive to do so and will cause inflation

Something I only caught yesterday when Gammon called it out was that when the Eurodollar system failed back in 2008 the main [shadow] source for dollar creation failed but the world’s appetite grew meaning the US itself had to supply dollars.

This was done by the US running a trade deficit where we pumped needed dollars to the rest of the world in return for their exports.

Pulling manufacturing back to the US would remove a critical piece of how the world’s demand for dollars is met [i.e. smaller trade deficits = less dollars going abroad].

THIS maybe more than anything else is why the elites are starting to appear lockstep in favor for the Great Reset. (((They))) know current dollar based system is unsustainable if the US will not underwrite it with a trade deficit.

Oh but wait...there’s MOAR. When one considers the dollar denominated debt created outside the US * AND you factor in a lack of dollar liquidity * you’ve got issues. Guessing the FED and others saw this earlier this year and used swap lines awkwardly to kick the can down the road but still...the problem itself remains: the worldwide demand for dollars persists as the USD demand is no longer being met [or will be met] by the US running trade deficits and there’s nothing to replace the 2008-failed-Eurodollar system.

>>22989341
totally. thanks for the link, ill read right now

>>22989319
Don't be dissuaded by the "Jesus Jesus" stuff, it's worth looking into what's said there. Just remember it's called "schizo" for a reason.

>>22989372
I am going there in search of specific answers to questions I do not currently know, but will not leave until I am satisfied. But thank you for the advice anon

>>22988631
You might want to rethink that.

This topic has been discussed on /pol a few times with lots of discussion and replies maybe a month or so ago. The Great Reset is more than economic but is its primary facet. Its crazy to think about the control matrix these people are creating.

-Forced Contact Tracing to identify uncooperative and require vaccine to operate in public HR 6666
-Artificial Intelligence to analyze data
-Blockchain/Distributed Ledgers to store data
-5G/Quantum processing powers to amplifly the above
-Internet of Things Smart devices to gather data
-Smart ID/RFID chip internal tracking body data WO2020 060606 Microsoft Patent
-Decentralized Oracles for automated inputs/outputs based on arbitrary circumstances for all the accumulated data
-Digital USD/Currencies and physical money phased out
-RF's to implant thoughts or emotions-patents already exist on this believe it or not. Also they can target specific devices with extreme RF frequencies to degrade people and target them based on specific keyword Google searches etc
-Neuralink brain implant
-Internet censorship push Earn It Act
-Gun control in various cities and states

I feel like I'm missing something else but honestly all of those things in tandem would be a living nightmare only God should be capable of such powers

This article from the WEF is the end game of their agenda. Its basically communism through technology. Definitely worth a read.

https://www.weforum.org/agenda/2016/11/shopping-i-can-t-really-remember-what-that-is/

>>22989527
>I feel like I'm missing something else but honestly all of those things in tandem would be a living nightmare only God should be capable of such powers

Not saying you’re wrong but I take a different view.

Whether we want it or not “ “ “ progress ” ” ” is coming. 5G, AIs, digital notes, etc. will all come to pass and I don’t think anything can be done to stop it...maybe delay, but never stop.

If we - the people - can get our shit together then I think there’s a chance these will be a net plus but also get the fact if [the cabal] or whatever you want to call it has their druthers it’ll be a dystopian hell.

Anyways my point is these things are given but the application is an unknown.

>>22986350
The ultimate goal is, there’s too many people on the planet and they want to depopulate.

>>22989527
Very interesting article anon thank you for sharing. This reads like a dystopia nightmare, and reminds me of a lot of technologies we currently have
>uber
>those rent a bike things
>airBnB
>amazon to an extent

>>22985835

>>22985835
>>22986262
Stop it with this retarded THE VIRUS IS A MANMADE HOAX

the elite just exploit crises, doesn't mean they cause all of them. potentially dangerous viruses do exist.

>>22989741
And what crypto is intimately involved in this?
IOTA
Digital Identity
Internet of Things
BioTechnology(BiiLabs)

>>22989119
https://doc-research.org/2018/09/chinas-approach-to-africa/

https://www.mckinsey.com/featured-insights/middle-east-and-africa/the-closest-look-yet-at-chinese-economic-engagement-in-africa


https://www.reuters.com/article/us-china-eu/chinas-tech-transfer-problem-is-growing-eu-business-group-says-idUSKCN1SQ0I7

http://english.www.gov.cn/policies/latest_releases/2015/05/19/content_281475110703534.htm

>>22989793
I never claimed it was a manmade hoax, but it is overblown and being used as an excuse to shut down entire economies. You would have to be retarded to think otherwise

>>22985835
https://www.theguardian.com/world/2020/jan/31/a-man-lies-dead-in-the-street-the-image-that-captures-the-wuhan-coronavirus-crisis
Do they think we forgot this?

>>22989119
im watching China Uncensored on youtube the guy is pretty based and reports on these topics
try to look it up, the extent of chinese meddling abroad is pretty scary

https://www.youtube.com/watch?v=Uh9xSA2gOZQ

https://www.youtube.com/watch?v=Nu2iM9vzofI

https://www.maritime-executive.com/editorials/china-s-arctic-silk-road

>>22989737
Sounds nice owning a house in a rural area but when you visit the cities they provide everything as a service as if you live there. Freedom to do things like play with guns is a luxury that doesn't work in urban areas, it's even worse in multicultural hell holes.
We're already tracked through cell phones. We're already augmenting human thought with computers right now. I'm telepathically communicating my thoughts over a global network right now. The key to navigating the problems all these things bring and landing in one piece is Christianity without the modern lack of love for your self, your family and your nation.

>>22989932
thanks anon

>>22989527
yea all of the above is pretty much the Industry 4, or Industrial Revolution 4.0

>>22989680
Why would they want to kill their own slaves? An asset to the elite? Its about control. If they have to depopulate to control, they will. But it always has and always will be about control

>>22988631

Maybe learn something before spouting off lies. Rockefeller went over there in the 50's and 'seeded' a generation. Lees I think?

as if the worl right now isn't depressing enough. i still don't believe the government (at least in my country) are willingly colluding in the destruction of the middle class and small business, I think they're just useful idiots

>>22990587
see >>22989522

>>22990612
>government
>useful idiots
>I dont want to believe
Sorry anon. The truth hurts

>>22985835
I like a lot of what you've wrote. In terms of economics, debt, American Federal Reserve: it's good. However, there is an issue with what you say here:
>introduce mostly harmless virus and have china nerve gas a few random citizens to make it seem worse than it is
It appears that you assume American and Chinese governments are working together here. This is illogical given your assumptions about dent because China owns massive American debt and stands to profit from this, there is no reason for China to sabotage themselves.

I would offer to you that Western countries faked their numbers - but, I disagree that American and Chinese governments were working together.

>>22986730
>>22987198
Very interesting posts.

>>22987393
I care, bros.

Consider how these pieces fit into the puzzle:

>Dems from Cali tried to include US CBDC (FedCoin) in the proposal for the March stimulus. Dems from Ohio included it in another bill.
>US CBDC becomes a polarized issue. Dems like it for more centralized control and insta gibs-to-nigs, GOP fights it for muh freedum market and banker jew lobbyists.
>US CBDC would make modern banking obsolete. Banker jews will not go down without a fight.

To me it seems like the ultimate showdown is between the banker jews and the Fed jews. The "let banks collapse" doesn't seem likely too me. Rather look at places like Argentina where the banks still operate with regular "bail-ins" (solvency by confiscating depositors' money) for decades already. The alternative in our case would probably involve banks helping the Fed implement and distribute FedCoin, with a small fee of course...

>>22987393
>>22988221
>>22988469
>>22991180
Could we have a /macro/ general thread on biz?

I have been deep diving this stuff for weeks. Been looking but I can't find anywhere else to discuss such cases. Sometimes I desperately try to spark it up in /pmg/ threads.

>>22991346
>Argentina
I believe that it is very important for Westerners to look at two countries' economic situation and government relationship with banks. Japan is a fascinating one (just to consider the Nikkei has yet to recover from 1989 is unimaginable in the U.S.A.). Argentina is also fascinating because the government is so weak and private banks are so strong. I do not know which way the West will go - but, these two examples are often on my mind economically speaking.

I am also unconvinced of conversion to a digital economy and whether or not any segment of any Western government holds the best intentions of its people as important. So whether it's Fed vs Banks in U.S.A. - I am unconvinced there's a meaningful difference. Though that might change and I am willing to re-evaluate.

>>22991486
Tough to have a general here with the crypto shilling pushing slow topics to the 10th page. Poke your head up every so often, especially on Weekend or after American stock trading.

>>22991486
I would contribute to this. /biz/ could use a hub for attracting economic minded individuals, and delivering info to anons who don't follow these developments

>>22991346
>>22991616
>I am also unconvinced of conversion to a digital economy and whether or not any segment of any Western government holds the best intentions of its people as important. So whether it's Fed vs Banks in U.S.A. - I am unconvinced there's a meaningful difference. Though that might change and I am willing to re-evaluate.
The fed is privately owned by the big banks themselves. Im theorizing that they will kill their own banks, but in doing so merely transferring their power from the fed and banks, to simply the fed.

>>22991180
Thank you i appreciate that. Remember the fed is not the government. The fed is privately owned by the bankers.

>>22991692
>>22991486
I would also love to have as well as contribute to something like this

>>22991616
I think US CBDC is not likely soon, especially if it depends on congressional approval. Also, both core-inflation meme metrics were released recently and it is NOT rolling over, but rather increasing quite steeply, so I can't find them using the "skip over the banking system" argument for rushing in FedCoins. Talk of FedCoin being a serious competition could be just a way to entice commercial banks into loosening lending standards.
Are there any other websites with good econ / macro threads?

>>22991827
>>22991616
>government holds the best intentions of its people
>The fed is privately owned

This brings me to another serious red-pill I choked on during my deep dives

>The Fed pays $35 Billion to commercial banks in interest on excess reserves in 2019
>$35 billion in 2018, $30 billion in 2017, etc. Billions every year for years!

>Don't worry goys, the Fed brought in $55 billion in income from coupon payments on the US Treasuries it holds :DDD

Oh good, I was g- wait a minute, where does the money for the US Treasury coupon payments come from?

>US Taxpayers

AAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!

>>22992061
this is so far over the heads of 99% of biz posters
mostly because they're indian

>>22988544
Would this benefit the US though? Whats so bad about the globalist agenda?

>>22991486
I would love this. Ads for shitcoins and meme contests are less than useless. And wouldn't a digital currency be extremely aggravating and functionally useless to the US geriatric population? Many of them don't even really use credit cards and still have flip phones.

>>22989680
There are so many better ways to do this. Seeing how thing are currently, it doesn't seem like a straight-up depopulation is their primary goal.

>>22986262
BitMex is just the beginning. They start with the shadiest exchange and work their way up until crypto, or "alt-currencies," are finally criminalized and shut down.

>>22992611
>>22991849
>>22991692
OK keep an eye out for a macro general around this time.

Will just bump by saying researching this kind of shit has yugely impacted my understandings of how big money moves, and how geopolitics, and the world in general works.

>>22993025
Bancor is literally based in Israel and founded by Jews. Some shit is just meant to win. There are a few.
Tezos, Algo, Bancor, and maybe XRP as well.
Polkadot as well with it's parachains, not any different than China's public chain network. Platforms with a high ability for crosschain communication and interoptibility are a must: see Algo with its hybrid chain support and RLC; blockchain agnostic decentralized computing assets marketplace currently working with the EU.
Stay in these projects and you'll win longterm.

动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门

bump for ebic bread

>>22985835
>Covid as a financial reset
this is well know, pick related
>/pol/ ignored
retards gonna be retarded

>>22992611
>extremely aggravating and functionally useless to the US geriatric population

I would think they could easily phase out cash. Both Cash and FedCoins would be Fed liabilities at that point. As cash eventually makes its way back into business deposit accounts, it could be converted on par with US CBDC. Give it a few years aaaand its gone.

About boomers, if they are that inept at adapting they would probably be to the point of having family care for them anyways.

and one final bump with some primary sauce I've collected on the OP related:

>FedCoin proposal in the March stimulus bill
https://www.congress.gov/bill/116th-congress/house-bill/6321/related-bills

>Another proposal in June 2020
https://www.congress.gov/bill/116th-congress/senate-bill/3571/text

>Congress testimony about abilities of FedCoin (i.e. negative interest rates)
https://www.congress.gov/116/meeting/house/110778/witnesses/HHRG-116-BA00-Wstate-GiancarloJ-20200611.pdf

>Clevelend Fed talking last week about FedCoin for monetary policy
https://www.clevelandfed.org/en/newsroom-and-events/speeches/sp-20200923-payments-and-the-pandemic.aspx

>Boston Fed is working right now with MIT for FedCoin design
https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx

>IMF today: "We need to restructure sovereign debt so that WE are the ones owning the debt as well as the private creditors we appoint through nepotism."
https://blogs.imf.org/2020/10/01/reform-of-the-international-debt-architecture-is-urgently-needed/

Finally, on the IMF, you can dyor and easily see the debt slavery scams they have run in Argentina, Mexico, Ukraine, and more, that lead to privatization of entire industries in those countries. The blogpost above references a research paper literally discussing methods for how they can get better assets as collateral from the poor countries they are lending to under COVID stress.

>>22985835
A financial collapse tends to lead to a civil war. they've wrapped this one in a fake narrative to try to minimise this so the (((same people))) remain the banking class.

Can one of you niggers ITT make a /pmg/ thread

>>22990612
If they weren't helping it along (whether knowingly or unwittingly) they'd be removed in a flash.

Thanks anons. This was a very good thread and generated way more discussion than I could have hoped for. I do feel the endgame is upon us - good luck to us all

>>22989341
As an XRP holder and "schizo" I wholeheartedly agree about the noise on the the threads although there is good info

The US corporation is bankrupt barely keeping the ponzi alive with constant stream of new slaves from the developing world. The FED is currently buying US land supposedly since '09, over 1 trillion. Then you have Blackrock and other such entities buying up assets. Something is brewing alright.

>>22989028
Gammon is a doomer like Alex Jones tho