/biz/ - Business & Finance

oops

Start calling it the peso kek

But I thought Biden was good for the dollar

>>24471585
Trump is still in the white house?

About fucking time.
Been fucking up my gold position with this kikery
The USA fucked up the entire world by forcing everyone to use dollars as reserve currency and the world's exchange currency.
Piece of shit paper with real inflationary rates that will turn the USA into Zimbabwe in a decade. But wait what if we create a shortage or liquidity because burocracy thay will synthetically keep the demand for dollars high and then we just rug pull the world's economy.

Thanks yanks, modern monetary policy is literally turning modern society into serfs, constantly servicing debt and having to take risk just to keep the purchasing power of the currency all this while Zimbabwe tier levels of hidden inflation go on.
"We are actually experiencing deflation guys"
Only because velocity of money, factor in valuable assets into the inflation equation.
Why did they remove house prices from the inflation equation? Property?
Quality assets?
That's why cunt cuz that's the real Inflation.
Fuck the jews and fuck Americans gremlins helping them regress society into feudalism.

Shit is about to get so wacky Bros
Looks like Turner diaries DLC is getting released EARLY

us dollar? more like ULTIMATE SHITCOIN DOLLAR

Ugh

All these sick gains are gonna be worthless in 6 months arent they?

>>24471557
https://www.youtube.com/watch?v=BMgyqnRsPck
celebration thread

>>24471704
Who cares about slaverycoin, been plummeting for the last 50 years.

>>24471557
Not yet

Sir, those are just pieces of paper. We only except XRP here.

>>24471557
But muh milkshake!

>>24471585
Ron Paul was the last nominee from any party that would have at least tried to be good for the dollar. That chance is long gone.

ramifi protocol solves the dollar problem

>>24471711
Awoo

>>24471601
The Fed was created in 1913 but this graph suggests the downtrend started even before then.
It also started before the gold standard was ended.
Are these narratives about the Fed and about gold true?

>>24471585
neither of them is good for the dollar lmao

>>24471557
How the hell is this index calculated? Based on what?

If you join the Rubic multichain platform:

> trade with low fees and without limits
> create and list your own token
> get x2 profit from the first investment
> integration of 3 blockchain in one DeFi platform
> faster transactions between the blockchains

> https://rubic.finance/
> @cryptorubic_chat

>>24471601
According to this a high-class prostitute used to cost no more than $10 USD in 1900

>>24471601
It’s getting more stable though, the half life is increasing.

>>24471585
Good to devaluate it

>>24471585
lmao, trump printed more in his last year than ever before, his last fuck you to the people of America. Eat shit cucks

>>24471638
Unironically this tough I will say that yanks did it with a good heart to protect the world.
Sadly power corrupts and they lost sight of reality.

>>24471929
>except
ok randeep

>>24471704
Not if you only cash out to spend, lmao.

>>24471585

President is irrelevant to big picture stuff. The Fed is the true power. Anyway, at this point the only option we have is to print our way out of our debts, so there's no political option that could ever be "good" for the dollar.

>>24472180
It’s the fucking DXY retard! It’s relative to all the other currencies

>>24472745
Print out of debt
Wages stagnate
Quality assets skyrocket since the 1% own all the valuable assets.
Regress society into feudalism

Yeah bro that's genius..
It's all so tiresome honestly and normies support being literal serfs at this point out of ignorance just...

>>24471557
How is this even measured?

>>24471557
damn i think I still have a couple hundred of those somewhere
should I panic sell?

>>24473634
I believe it’s Against all other major currencies

>>24471557
would HODLing physical gold be the plebs way to rise with inflation? real estate is honestly for fucking low energy slowpoke faggots. i gotta be nimble and free, not tied down to some faggot shack

>>24473684
Nah gold is God's money. Always great to have.

>>24472180
you have to know what the dxy is to be here
https://www.tradingview.com/symbols/TVC-DXY/

scroll down a little bit, on the right where it says "profile", read that

>>24472259
You could buy a wife for for $10.

>>24473630
It's keynsianisn, it was tough by a gay British lord it was always going to restore feudalism.

>>24471557
bullish for Glitch

>>24471585
how do you think you got your stimulus check you retarded mutt?

>>24471557
why is it dumping this much?

>>24471964
>it was going down since before 1930s
This is true, historically with economic expansion money has always been gradually going down due to inflation, inflation means that the total supply of money in the economy increases and therefore more to go round. In an economy with scarce resources (all economies) this will decrease the purchasing power.

However where the story differs is with gold the inflation rate was very low and those major dips were printing more money balanced against gold to fuel war efforts. Now where there is nothing to balance against they can print as much as they want because there is nothing to ensure their economic books are being held accountable. Hopefully this helps.

>>24474755
chinks are probably offloading treasuries

the USD is a safe haven for time of crisis. now that the crisis is basically over, people getting out of usd for more risky and profitable investments.

>>24471638
>Piece of shit paper with real inflationary rates that will turn the USA into Zimbabwe in a decade
are you sure about this? why in a decade?

>>24471638
So then how do i get rich instead of investing usd

>>24474785
This. The chinese are selling their dollars.
They have accumulated a lot of gold in the last decade.
Also 60% of bitcoin mining is in China, so they bought a lot of bitcoin as well.

>>24474785
>>24474875
>The chinese are selling their dollars.
chinese DONT have any dollars, how do you think the chinks pay their investors in?
pro tip: its not in yuan nor gold

>>24471557
US PESO BTFO

OH WAIT I EARN IN USD FUG

>>24474832
brainlet. As if foreign USD reserves are increasing the supply more than the federal bank printing gazillions

>>24474755
Usa has been abusing it's position as reserve currency by brrrrrrrrrring to buy stonks , the european union suprisingly organized an emergency corona budget instead of brrrrrrrrrrring.

China economy is growing and sadly it seems biden won and will be brrrrrrrrrrring again.
Half of Biden administration is made of the lunatics that did QE1 , QE2 & QE3 while increasing regulations non stop fucking with the us economy.
Trump had 3 greater years without doing insane state intervention in the economy , is only big mistakes were attacking the fed when they normalized interest rates(literally the economy growing with higher rates is bullish as hell), and attacking crypto(which made the usd become absurdly stronger causing global deflation).

Now the brrrrrrrrr lunatics are back at the white house and will be doing the same shit.

>>24474832
Not this time , this is not 2008, the entire world is fucked in order to have demand for usd people neeed to have money , and all the economies minus china are in deep shit now.
Also the dxy is going down because the euro is going stronger due to budgeting this shit instead of just printing money as the usa did.

>>24471557
Thing is the US may be brring the most right now, but a strong euro is the opposite of what the EU wants, they have insane debt levels aswell. So eventually the EU will have to brrr just as hard if not harder to reverse this. Im sitting pretty in BTC ETH Gold and gold miners

>>24475025
>So eventually the EU will have to brrr just as hard if not harder to reverse this
why? because you want it?

>>24475025
The usa is fucked due to nafta, the leafs are commiting seppuku, look at canada monetary base.

https://tradingeconomics.com/canada/money-supply-m0

Select MAX to see what i mean.

Imagine having such a suicidal country near you and with a free trade treaty meaning their cheap exports can't be stopped.
The only tool the usa has to stop this shit is devaluation.

DAILY REMINDER FUCK ALL KEYNSIANS AND CENTRAL BANKS

THIS KIND OF SHIT

https://tradingeconomics.com/canada/money-supply-m0

SHOULD END WITH GUILLOTINES FUCK THEM.

>>24471557
on a scale of 3k to 380k how bullish is this for Bit coin?

>>24475048
Because a strong euro will fuck all their export industries so they will have to do brrrrrrr too.

The post 1971 fiat monetary system is based on "losing sats" relative to everything with low supply like real estate or bitcoin.

Pic related , shit's fucked up.

>>24475048
Read what I wrote, a strong euro is very bad for the EU, they need to inflate their debt away just as the USA does, hence why fiat currencies are described as a race to the bottom

even if i try hard i cant make it. This country is literally against me.

>>24475093
520k gold marketcap

>>24475112
>>24475115
>its bad because its bad
but its fine for USA? and now its even better for USA?
why not just go china style and become zimbabwe trillionaires? no more debt BLLLLLLL

>>24472263
bro wtf is that picture

>>24473624
other currencies are probably being inflated too, so the reality is even worse

>>24475230
Yes look at this shit

https://tradingeconomics.com/canada/money-supply-m0

Select MAX

>>24475249
what the actual fuck

BTC is not mooning at all. Normal currencies are simply crashing while BTC stays the same.

>>24471964
because they lied about how much gold they had to back the notes

Currency backers have always lied about their currency. Roman emperors lied about the silver percentage in their coins. Ancient Athens lied about how full the coffers of the Delos delegation were. And now the Fed lies about how sustainable the government bonds are (Hint: they are never being repaid).

That's why BTC is so revolutionary, but I'm sure they'll be able to find new lies for that eventually as well. It's just human nature.

>>24475289
Yes the acceleration of the crash of fiat currencies is getting faster.
All have been losing "sats" relative to real estate since 1971 but this last year was insane and with a collapsing velocity of money.

When money velocity returns we will see very high inflation next year , tough the boomers will keep lying saying there is deflation to justify low interest rate and keep confiscating wealth with inflation while evaporating their debts , the pieces of shit.
They also will put capital taxes because there is too many milennials surfing inflation with stonks now that they woke up to the fact they won't ever own shit saving in cash.

>>24471601
>R Cam
Please don’t tell me you actually follow that little faggot on twitter

>>24475156
It seems you are having a very tough time grasping this concept, I'll try once more- the US and the EU have unpayable debts that need to be inflated away, so the EU wont stand by and see the euro strengthen, they will print more aswell. This may cause DXY to stabilise and go sideways, but the end result is higher consumer prices in both the US and EU. If you still don't understand, you can't be helped

>>24471557
Turns out printing gorillions of it makes it less valuable hahahahahaha oh wow who could have seen this coming?
Tether scam is next.

>>24475386
why doesnt japan inflate their currency? arent they an export economy?

>>24471601
>BUY THE DIP

>>24475361
let the boomers play their game, we play ours

>>24475470
>we play ours

Now you get it

>>24472564
kek

>>24471711
Touhou Swag

>>24471557
When do normal people notice something is wrong? mid 21?

>>24477270
Late 29

Does this mean Peter Schiff will have the last laugh?

It's as if going into a second us civil war is bad for the us dollar. who knew?

There is a great hype around Pteria DAO and there are some reason why you should chose it

> staking system with $PNT and $DOUGH token rewards
> stable APY on staking of 24% (2% monthly)
high ratings on CMC and CoinGecko with token price rising (5-15% rising just for a day)
> first DAO that cooperate with Wallem, modern blockchain game, NFT rewards

> pteria.org
> t.me/pteria

High token liquidity on Uniswap and Balancer, PTERIA is listed on 5 exchanges now

>>24474699
Not him but oh wow a one time payment of 1200. Wooooow that went so far

>>24475249
your meme is stupid and you should feel bad. The alien signs are literally propaganda. The same ideology you shill is the same ideology the aliens shilled.. are you an alien?
>>24475332
human nature is dictated by material conditions. What lies can we tell about bitcoin anyways? The code is the code- can't change that.

>>24471585
Nope, Trump was. Didn't you read Biden's website? He said there that he will kill the
US economy

>DxY gOinG tO 115. FEd AbOUt To RaiSE RaTES DoLLaR deManD HiGh.

Imagine buying the dollar milkshake theory that the fed could raise rates forever. After Brent Jonson realized that was fucked because he understood absolutely nothing about econ, he started believing the QE decreased the money supply AND that actual "deflation" of the money supply would lead to 30 year bond yields going to 0.

Dumbest fucker in all of finance.

>>24477649
Not that i know , i am human as far as i am aware.

>>24477649
based retarded materialist

lies such as that it is decentralised. +50% of hashing power is currently in chink hands. But that doesn't matter yet. Who knows what else. Quantum resistance. Specialized hardware to get advantage. The shift we already to fake decentralised consensus such as dPOS in other tech. re-emergence of banks but with crypto so supposedly it's decentralised (it's not) like Celsius. Private key management services.

figures that a materialist has no imagination

>>24475424
These Keynesian niggers think that pronting=inflation. They're idiots. Inflation only happens when there is speculation. If no one speculates, prices don't go up.
Japan has been printing trying to cause inflate, but sinxe there is no speculation they cannot create it. Japan's case is describe as "stagflation".
Monetary policy is complete idiocy, they think the value of assets can be manipulated mechanistically.

>>24472263
I have such an irrational hatred for le autistic always-wears-a-suit man

>>24478778
Of course there is inflation the keynsians caused a massive asset bubble , which destroyed birth rates which caused a demographic collapse , thus you don't see food inflation due to having less people.
But all that is needed to plan a life is inflating hard.

>>24478865
pseuds do evoke hatred, it's normal

>>24478874
True, but those assets (like houses) that inflated, they dis because they are being bought by a small percentage of the pop. You have landlords acxumulating these assets and pricing them out of the market.
Renting your house should be made illegal, hence forcing home ownership and prices would.come.crashing down because otherwise no one.would be the houses. Also, it would.make the market so liquid that you would be able to buy and sell a house in the same year, and effectivelu have the same flexibility as renting.

>>24478778
>Inflation only happens when there is speculation
Actual fucking retard.
>Fed prints 10 million
>Fed buys 10 million in corporate bonds
>Corp buys 10 million in producer goods
>Price of said producer goods go up

>>24479022
That's not printing, and that is the reason why the fed hired blackrock. It was the ultimate clowning, and the reason why this time QE actually destroyed the dollar.

>>24479002
Agree however you should not ignore that boomers accumulated real estate because keynsian boomers turned fiat into shit.
Only investment winning against inflation for sure is real estate.

A fucking civil war could happen and real estate keeps going up.

>>24475361
how does deflation evaporate debts? Sorry im a programming nerd, but huge brainlet when it comes to economics.

>>24479219
True, but stocks are the ultimate inflation destroyer. Compare SPX vs inflation. The true inflation is going into the stock market, because while the medium boys buy houses instead of rice, the big boys buy equity.

>>24479227
inflation evaporates debt.

Government takes a few billions in debt in usd , then government inflates the usd so relative to percentage of gdp the debt grows smaller or goes down as the currency inflates.

This is why the faggots are lying so much about inflation , it allows them to inflate more , but it's circular now , because the inflation is making the cost of life harder thus people spent less and the government needs more debt to stimulate.

The keynsian retards want to somehow cheat the laws of thermodynamics with this kind of stupidity and get more energy than they put in from the system.

>>24479310
And now that zoom stock is worth more than exxon mobil due to all milennials and zoomers being aware of that(and being outbid from real estate), the keynsian boomers will put capital taxes on equities to prevent people escaping their inflation via equitise.

>>24471601
So in 1900 you could spend $100 and get a bunch of shit where as now you only have to spend $3.47? Sounds like a bargain to me

>>24479387
Basically.
Already happening in the EU.

>>24479357
Oh okay that makes sense, fuck keynesians

>>24477294
I think earlier, but the realisation starts to really slap you in the face in late 20's.

>>24479670
Glad to be help

>>24479575
I can't see this ending well it's the restoration of feudalism , just with people not even doing production.

>>24479722
I doubt normies are even aware of what's going on.

>>24479735
The people keep working, but instead of only paying taxes they also pay rent.
It's the current system in Germany.
But yes, contemporary feudalism.

>>24471601
Exactly Nixon created the last reset. He weakened the value of the dollar while also creating many many more. None the less that graph looks overdue for a correction. I might hold my money in Fiat coin for a while.

>>24471704
Your gains should be put directly into things that are useful such as land, guns/ammo, and alcohol.

>>24479902
>alcohol
Seems like the odd one out, Anon. Do you mean because it will always be in demand and good for bartering? Like vodka being a de facto currency in 90s Russia?

>>24479957
Yes, during difficult times alcohol and tobacco become scarce/valuable.

Lads, my wife and I have been trying to buy a house for years. We saved around $100k this year and house prices have just increased at the same rate.

What the fuck do we do? How the fuck do we obtain a home at this rate?

>>24480236
Rent idiot. If you still think about buying a house after coming in biz there is no hope 4u

>>24471591
The Jews priced in a Biden victory bexauae they are this fucking arrogant and evil. And now that they are seeing trump voters are ready for civil war they are trying to memory hole with ex preggo no white woman babt psyop- celebrity whore coming out as gay. FUCK THE MAINSTREAM MEDIA JEWS

>>24480236
Unironically the reason why credit exists.
Lock in the nominal, and then pay off the expected increase through the coupon payments, your savings will hopefully come at a similar rate as the rates go as well.

>>24471679

>>24480285
We live basically for free with my parents. They bought their home in 1984 for $70k and it's now valued over $800k.

Rent here is $1700/mo and it was killing us so we built an apartment in my parents boomer palace.

>>24479770
Yeah I'm talking about the people that are slightly more intelligent than normies.

>>24479868
fuck Nixon and fuck white people

>>24471638
This. Anything a white man says is a “conspiracy”. They poisoned our parents with fluoride - their adrenal glands are so. Calcified that boomers have ZERO spiritual reach

>>24480449
You are dead kike.

>>24475249
Based wholesome, family values aliens

>>24471557
dollar dying is good for us retards
its only bad for people who hold cash or wagekeks whose wages will never match inflation

>>24480449
Your Jewish and Chinese children are dead

>>24479770
Dude nice QE5 in your ID
>quantitative easing 5

>>24471964
That's because the US was cheating the gold standard already well before that point.

>>24480394
Save hard and look after eachother
Feels like shit is going to go fucking idiotic next year

>>24477270
23

>>24471601
Isn't this graph basically just showing the cumulative effects of a century's worth of inflation, with the dip in the 1910s coinciding with the creation of the Federal Reserve and the spike in the 1930s coinciding with rampant deflation from the Great Depression? Even at just 2% inflation per annum, which wasn't normal in the US until the 1980s, over a century that would reduce purchasing power by over 7 times. This graph really doesn't seem that crazy to me.

>>24480333
Low iq, trump is also a Zionist asset and democracy isn’t real.

>>24480448
You’re pic. Not created, made up

>>24480788
>Save hard and look after eachother
Thanks anon. Staying the course but can't help but feel like we're idling or missing opportunity somewhere.

>>24471557
Zoom out

>>24477270
Never met anyone under 28 that had an feeling something was off about this.

>>24477649
Get a little more creative here. The lie will be "you have 0.004519 bitcoin in your 401k crypto index fund, all held by your friendly broker whom you can trust."

>>24479849
Shit's starting to look like third century rome , time to go inawoods.

>>24477270
you fucking RETARD
how could you not anticipate the CONFUSION created by your AMBIGOOITY???
>mid 21?
Are you fucking your brain into the let???
We're a month away from 2021 and you leave everyone wondering if your question means mid 2021 or 21.5 years old!
fackin ell

>>24480236
Buy bitcoin retard you can't save in fiat boomers are inflating it to evaporate their debts.

>>24477270
NPCs don't notice until prices change daily. At which point the NPC horde just adds fuel to the fire by dumping cash as soon as they get their hands on it, sending velocity way up. This is how just stopping printing cannot stop hyperinflation once it gets going.

>>24481939
Oh yes because it totally makes sense that he was saying that people notice something is wrong not a 30-35 years old, not at 40-50 years old, but at 21 AND A HALF years old.
You fucking retard

>>24480501
Yes at least they had long terms plans for their cattle in they live, current shit is even worse they are just inflating everything while forcing to use their shitcoin fiat.

>>24480678
FUG

>>24471585
>when dems tell conservacucks that trumps first 2 years were Obama policies, they call bullshit and say Trump is a god
>but things shitting the bed in trumps second 2 years is already Biden’s fault and Trump hasn’t even left the White House
I fucking HATE trumpfags and conservacucks you are absolute degenerates and I would literally rather a bunch of trannies run shit than you WHINING BUNCH OF TOP TIER PUSSIES

>>24482474
Truuuuu

>>24482474
>blaming keynsian market policies when the treasury secretary and republican house majority are tanking the economy on purpose to make the beginning of the Biden administration EVEN HARDER.
I'm a based centrist but it's clear to see that Trumpfaggots are low iq race baiting conspiracy theory retards.

>>24482845
>republican house majority
This is satire, right?

>>24483070
sorry I meant senate. Way more important.

>>24471638
Thinking feudalism ever disappeared... ngmi

>>24482474
>>24482811
>>24482845
>middle class grew for the first time in decades
>new ATHs in stock market
>china virus hits
>democucks cry about drumf being racist for closing border
>media starts crying about how he didn't do enough
>democucks cry about drumf not locking down sooner
>democucks cheer on blm rallies of thousands of people and swarms of people at bestbuy for black friday
>democucks cry about people attending small 30 person churches
>democucks demand more lockdowns for a "pandemic" with a 99.9% survival rate
>democucks get more lock downs and the economy continues to grind down, except big business that got to stay open (funny how that works)
>"WHY IS THE ECONOMY TURNING TO SHIT??? MUST BE DRUMPF DURRRRR"
you oversocialized midwits bought into so much gaslighting, you either have the memory of goldfish or you're fucking retarded

>>24471585
>Economy goes up when Trump has just come in power and hasn't done shit, all policies are from Obama
>Hurrrr the Drumpf effect bro!
>Economy goes to shit with Trump in power and his policies in effect
>I-it's the fault of the guy that's not even in power yet bro the predictions bro!
Post flag Ivan

>>24471557
Fuck trump

>>24483317
>Starts a trade war he can't win has to subsidize US farms with billions
>pulls out of lucrative multi national trade deals
>hamstrings small businesses by removing restrictions on industry giants, smothering competition
>Pays for dumb fuck programs like border wall
You use tumblr buzzwords. Dilate.

>>24479357
Let us not forget how they keep changing the measurements for inflation.

If you factor in property prices then you start see in the real picture and let me tell you it's absolutely horrific.

Western society is slowly but surely returning to feudalism.

>>24483728
You WILL eat the bugs.

>>24471929
kek

>>24471557
Does this really matter from a consumer standpoint though?

>>24471638
based

>>24483874
prices are rising. There's a trial in front of the supreme court about nestle and human trafficking while Chinese buying power increases.
It's over. It may not be a "Chinese Century" but it's looking like the scales are tipping.
This isn't a conspiracy its just book keeping. Americans are increasingly greedy, hell even the """Charities""" are just fronts for rich people's bank accounts.
Retards who bought into voodoo economics got cucked because nothing trickles down. All the wealth is at the top while the bottom festers.

>>24483813
You will own nothing and be happy.


We won't even own our labour, we are all going to be on universal income just like serfs, enough bread and water so you can continue to serve.

>>24484023
Educated just enough to perform your tasks.

>>24482845
>race baiting
Yeah bro, it's the right wing that's race baiting lol. Centrists are such retards

>>24484070
>>24484023
We'll be lucky if they let us sort the Amazon deliveries for fresh pork for the chinks soon.
>>24484094
>My le ebin jew conspiracy cletus get the tiki torches
Niggers gonna nig what's your excuse wh*te?

>>24484094
You two are morons
Two wings of the same eagle do not let the jews face fellow Americans against each other over petty issues while the real issues that transform society are above any form of debate.
They're playing you both.
Was the USA radically different under Obama? Under trump?
Come on now

just buy Freedom Reserve. it cannot inflate. ever

>>24484197
>le JEWS
give me a fucking break. It's so easy to trace money and how it'll flow upwards to multinationals. I don't even like jews but if you really think they control every aspect of your life you're literally obsessed and your brain is likely rotted by fake "evidence" from /pol/

>>24484070
>>24484023
Also immunosterilized in the veterinarian

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

https://www.hindawi.com/journals/bmri/2014/868196/

>>24484283
I just use Jews as an expression for the powers that be, since a high percentage of individuals in positions that seem pivotal for this social transformation plan are usually Jewish.
I don't believe this is a conspiracy among Jewish people or some shit, but I find it funny and sort of accurate.
I do not think that multinationals would on its own conceived a multi phased plan that goes beyond maximising profits and shapes society beyond that, multinationals are tools for the purpose.

>>24484197
based

>>24484283
>multinationals
kek, and who owns multinationals? institutional investors like State Street Corporation, Vanguard group, BlackRock, Capital Group Companies, and others
Guess who owns those?

Also that's just lobbying influence. Once in the government, the big bucks (ie government bonds) come from the FED.
Guess who owns the FED?

>>24471964
A lot of Gold was mined during the first decade of the 20th Century which caused the dollar to lose value against other assets. Beyond that everything else can be attributed to the Fed printing and the US government claiming they had more Gold than they actually did.

>>24484417
Just look at any rational person and give them enough money that they become a multi national with whatever hair-brained scheme they come up with.
If you have an idea and can execute on that idea enough to be listed on a stock exchange then you're also rational enough to
>not spend your money on worthless consumer goods
>invest your money in other multinationals, world governments, spread your wealth as far as possible to minimize risk and increase your opportunities
>reduce overhead costs by whatever means possible - offshoring/reducing quality to nil because the average consumer is not smart enough or rich enough to demand quality.
>Destroy collective bargaining efforts in order to diminish expensive worker protections
etc ad naseum.
meanwhile retarded /pol/ cucks are merely one of the arms tearing this country apart while hypocritically trumpeting "national socialism" memes. Nationalism is D E A D. Too bad conspiracy theories are so much easier to grasp than economic principles and psychology 101. Honestly who cares. Uighurs are the new slave class and they are only one step below impoverished Americans who work at walmart, amazon, or gas stations across the country.

>>24471557
I have a structured settlement paying out 50k every 5 years until 2060. This is less than ideal


Also 3k a month for 30 years.


Am I ruined

>>24471557
I just want parity with USD again

>>24484894
why though?

S

>>24484894
>increased
Call JG Wentworth.

>>24484788
exactly anon but keep going
Once you have that much money and power what will the average person do? Work towards accumulating other forms of power.

Once you have established generational wealth you do not want others to get there. You want to change the political powers that be to prevent social mobility and effect a global system where you are the new aristocracy, to ensure you and your offspring can live in peace.
Only logical, we never said the jews (or other insanely rich guys but most of them are jews) were stupid.

>>24484913
Car accident when I was young

>>24484974
I could sell it to someone group but if they wanna buy it then obviously I should want to keep it. Not falling for it jew

>>24485004
OH SAY CAN YOU SEE

>>24484894
Well maybe you will be able to buy candy with it in 2060

>>24474183
I don't get the bad rap about Keynesianism. Didn't Keynes advocate that governments save during times of surplus and that they only spend in deficit during times of crisis or deflation? Mises school of thought on the other hand is Jewish so....

>>24484977
Having wealth categorically means others have less wealth. That's how wealth is measured - against other wealth.

>>24485092
Someone's jealous of guaranteed non taxable income huh little neet


>>24485025
Yup. Nothing more American than a lawsuit

>>24485214
Yeah well if it were anywhere else you would just be crippled and not crippled and taken care of.

>>24485177
wow anon what an insightful and completely irrelevant reply

>>24485374
If you have large stores of wealth you have no need to sabotage other wealth. You having that wealth is sabotage enough. The erasure of worker rights (which I outlined in the post you replied to) is more than enough to ensure your employees and their ilk stay under thumb.

>>24485146
but mises goes against what they're advocating for retard (which is marxism)

>>24485472
>keynsian = communism
Who teaches you retards this shit?

>>24485550
Keynes was a member of the fabian society and all modern keynsians are statist communists that are more aligned with venezuela than 1930 keynes ideals.

Keynsians literally defended memezuela.

>>24483565
Go back you cum gargling nigger tranny

>>24485550
where do you think the rotten communist system comes from genius? ancient greece?

>>24485438
I was talking about political power and social mobility wealth is obviously only a small aspect of that, that's why after making it you focus on that.
ie a society where you can convert wealth into political power. Sabotage functioning democracy, ensure rich lawyers trump the judicial system, keep the masses uninformed and confused so you can get away with more.

These were all tactics employed by Roman nobility, and by the aristocrats in times of Richard II, or by Athenian demagogues who bankrupted the Athenian Empire. And today they are employed by plutocrats to undermine western democracy.

>>24485725
Keynsians have done massive shilling campaigns in universities selling keynes as the savior of capitalism.
When the son of a bitch was it's destroyer , and his policies have completely ruined the capital accumulation process in all nations minus china.

>>24485725
you answered your own question retard.
>>24485642
>no rebuttal
That's a concession you dumb fuck.
>>24485774
>Le ebin trickle down! TRUST THE TRILLIONAIRES!
kill yourself.

>>24481548
So whats the problem with zoomers?
t.29

>>24485734
one of the (((plutocrats))) in question

they've been doing this since the times of Napoleon. Napoleon always maintained his principal enemy were the British bankers (they also turned Russia against him). Some of the modern players are new, but these guys have been around since then.

>>24485825
>communism comes from ancient greece
go away now

>>24484900
one day syrup bro... one day...

>>24485825
And the commie has been exposed, you fucking retards don't even understand what's going on.

1971 minimum wage is paying income tax adjusted for inflation.

Ask a boomer their first job and update the wage they tell you for real estate inflation.

Keynsian economics are the biggest creators of poverty in the western world.

>>24486019
I hate pseuds like you.
Maybe read the ideas described in Plato's Republic, or even better the constitution laid down by Lycurgus for Sparta

>A second, and a very bold political measure of Lycurgus, isº his redistribution of the land.
>Next, he undertook to divide up their movable property also, in order that every vestige of unevenness and inequality might be removed; and when he saw that they could not bear to have it taken from them directly, he took another course, and overcame their avarice by political devices. In the first place, he withdrew all gold and silver money from currency, and ordained the use of iron money only

I encourage you to read the full text and apply yourself
http://penelope.uchicago.edu/Thayer/E/Roman/Texts/Plutarch/Lives/Lycurgus*.html

In Ancient Athens they already parodied the ideas of communism too. Aristophanes has a play where the women take over government and make all possessions common to all and everyone equal. Someone asks: but who will work the land? To which the leader ironically replies: the slaves.

These ideas are nothing new, you see.

>>24478778
You're the idiot. You're mistaking QE with money printing. QE, by design, isn't meant to inject money into the system - but rather switch assets by cash or reserves. What Trump and USA have started (and I assume pretty much every other nation in the world) will indeed flood the economy with more currency which will lead to inflation regardless of whatever stupid speculation you're talking about.

>>24483317
>censorship worst in centuries
*crickets*
>BUILD THE WALL
*crickets*
>DEPORT THEM ALL
*crickets*
>LOCK HER UP
*crickets*

>muh supreme court justices
one is already full lib and the others or centrist at best

dxy simply shows mostly eurusd and usdjpy strength. both are temp spiking. jpy is more of a safe heaven, euro is more of a joke

I read this whole thread and I'm way too brainlet to know who is right or wrong. All I know is we're fucked.

>>24487185
And thats all you need to know

>>24475230
Right. Exactly.

>>24471557
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
WE MOONIN EUROBROS

>>24477270
people are already noticing something is wrong
they just havent grasped the details yet
t. my dad

>>24477270
Depends on if they take psychedelics to prematurely shed their normie skin

>>24483813
I will eat the cat.

Attention Faggots, this thread is being banished to /pol. Stay there and never return. Thank you and kys.

>>24487185
It's real simple. We're basically hitting 2007 on steroids.
>investment running in the red on easy credit (translation: greedy brainlets borrow money then invest "it's like free money because stonks only go up!!!")
>bad thing happens, stonks stop going up
>people worry about other people's ability to repay borrowed money
>borrowers still have to repay debts so they sell
>lenders make it harder to get loans, forcing borrowers to sell more
>CRASH
>Fed freaks the fuck out, it can't lower interest rates to encourage lending because it already did that in 2008 and never fucking stopped because politicians are inhuman monsters
>Fed institutes Quantitative Easing, basically meaning that they'll make sure loans don't fail
>this is the equivalent of shitting limitless, LIMITLESS amounts of money into the system
>people can borrow again and things return to normal for a bit. May even appear that money is worth more because there's less of it floating around.
>crisis averted amirite?
>no, because the economic murder is still real, it has just been masked by the Fed throwing a wad of money over the bloodstain
>the money everyone had didn't just disappear. It's still exists. It's just not moving yet because people aren't buying/selling due to COVID and government programs are propping up businesses and debtors that would otherwise fail.

How does this translate into action?
>Boomers cheer for inflation because they like to take our frequent loans against their houses to support their lifestyles, and inflation wipes out their debt.
>Boomers fail to realize that inflation makes life harder for the rest of the wageslaves because wages are stagnant. They also fail to realize, or don't care, that taking value from their assets destroys generation wealth.
>The demand for housing from wageslaves will plummet, and the property be snapped up by investors
>Eventually middle class stops being a thing