/biz/ - Business & Finance

Poor

>>25595618
It's always the poor, retard. Inflation hits harder the less you have
>rich people ever losing

>>25595618
rich people will stay rich
the """middle class""" always gets fucked the most

It fucks both. Only Bankers win.

poor

>>25595618
The rich, if things go to infinity they lose their positioning. This is obvious shit man...

existing nominal debt erodes to the point of insignificance when inflation ramps up. if you're rich you're loading up to your eyeballs on cheap debt in anticipation

>>25595696
Will this cause a debt bubble

>>25595618
poor have no capability to protect their limited wealth from inflation
the rich can buy property or assets which appreciate, this protecting them from the effects of inflation
wages do not rise as faster/faster than inflation
so the poor will have less buying power, sooner, than the rich

the idea, of course, is to hyperinflate all fiat currency then initiate "universal basic income", thus locking 95% of humanity into their nigger cattle caste, etenally sucking on the teat of their government and enjoying their breadcrumbs

once currency is functionally worthless, then paying it out to the goyim becomes less of a big deal

>>25595618
Poor.
Rich people have money in assets like stocks and real estate.
Poor people have all their money in cash.

>>25595773
you're already seeing it happen. real estate prices are booming, commodity prices are ramping up, euqities at ath. it's all based on funny money baloney loans at cheap interest rates

>>25595828
Imagine being actually poor when the money printer is literally going BRRRRR

>>25595954
Corporations get more gibs than niggers

>>25595905
>baloney
You mean bologna you fucking idiot

>>25595618
Rich people don't hold much cash. Poor people rely on cash for everything.

>>25595618
The poor, clearly. Anyone who holds cash or doesnt have cash at all gets fucked. Completely and utterly fucked.

Anyone who holds assets floats. The more assets you had at the start of the printing, the better.

>>25596378
Shut the fuck up faggot. I spell baloney baloney too. I don’t feel like saying the equivalent of smashing into a consonant brick wall ala BA-LOG-NUH.

Fucking nigger. It’s baloney

Rich or poor doesn't matter. Only thing that matters is PREPPERS stay comfy. You mocked us all these years you faggots but now that I have 300 gallons of rice, 200 gallons of dry beans, three chest freezers full of frozen meat and a rum full of canned food and flour, WHO'S LAUGHING NOW.

>>25596492
It's inflation, not the apocalypse

>>25595618
the rich have all their money in things with actual value like real estate, the poor keep getting cucked by holding cash in their 0.5% savings accounts while inflation is 10%

>>25597086
this. also, keep in mind that before money printing causes hyperinflation, the rich get their cut in this money printing scheme and are able to buy even more non-depreciating assets. imagine a case, where a new gold mine is discovered in a country, where people deal with hard currency. inevitably this will cause inflation, but before this happens, owners of this gold mine (king, aristocracy...), tools and machinery producers, transport business, and everyone else who is part of this endeavor will get rich during the process of causing inflation.

>>25595657
this. the rich owns assets which appreciate in value from money printing. middle and lower class sees inflation but no salary increases, and probably saves in cash

>>25595618
poor, obviously. poor and middle-class people rely on salaries/wages. These things never get adjusted properly to account for inflation. Even with my job, at ~120k/yr, it hasn't even had a fucking raise in 3 years. So I'm actually making less and less each year like this.

Most importantly, the wealthy have their wealth in assets and their debts denominated in dollars. So they LOVE inflation because it means their debts inflate to nothing while their wealth is protected from inflation by not being in dollars.

>>25595954
That stimulus check sure makes up for a lost job.
Brainlet take.

looks how expensive things got in the last decade after the money printing after the 2008 financial crisis.

mortgages / housing up.

food prices up.

tuition up.

consumer prices up.

this affects your average person and family. the rich dont even notice it or profit from it like from increases in real estate.

>>25597573
Most jobs don’t pay that dude, usually you’re only getting 150k for a c suite level executive who has a top 20 mba. You probably need to be promoted at this point to make more.

>>25597911
I know, I have a doctorate. I'm not claiming my job is average. My point is that even in my field, shit is stagnant and nobody has gotten raises in ages. Hell, it's actually worse than that because in addition to stagnating wages, they're also firing people in my profession that have been around the block in order to hire newfags that they'll pay for significantly less. And the newfags out of grad school take it because they have little choice and desperately need to pay off student loans.

>>25597752
>That stimulus check sure makes up for a lost job.
Lmao stay poor faggot. Anyone that actually matters is fully invested to reap the rewards of the gibs

>>25595618
Rich people might loose in inflation more than poor, but only when they're brainlets that hodl cash. If they buy gold/silver, or maybe crypto nowadays, than they're better off than poor people.

>>25598014
Everyone living of investments doesn't need $1000 you retard.
Someone who's poor cannot be become rich in the short term with just that money.

Get out of your parents' basement.

>>25598190
>$1000
All in TSLA C weeklies

>>25595657
yep, those with savings, but not enough to overcomethe inflation.

>>25598313
don't tell me this nonsense post-bitcoin

>>25595618
Poor. Because the rich own assets which inflate with the help of a depressed dollar (housing market)

What will happen to usd this year?

>>25598486
>housing market
To be fair, anyone that's not a complete retard (i.e. home owner) profits from this, in what is technically a leveraged position. Even my unemployed cunt of a neighbor.

>>25597851
>mortgages / housing up.
unironically need crypto moon missions to buy a house these days

>>25595618
well lets see, to whom does money matter more to??....

Seriously got any other stupid questions.

>>25595618

>>25599175
>stupid questions.
The opinion seems pretty split on this actually

>>25595618
Rich just invest their money bags and are able to take anything above inflation as their stipend. The indebted normie masses suffer under an unnatural servitude.

>>25595618
It's actually a matter of policy.

low interest -> mortgages -> homeowners & business -> not poor
QE -> bonds -> money floods from safe to risky -> crypto, stocks, etfs (non stock etfs exist) -> not poor

helicopter money -> poor fag & rich fag -> some goes to the poor

now add chinks

rich fag with money -> investment in chinkland -> less usa jobs -> more poorfags

>>25595809
people with bottom 90% jobs are already nigger cattle

UBI would cause CPI inflation it would actually mean less nigger cattle

>>25597573
works for college educated workers with in demand degrees

everyone else gets fucked

>>25596492
>polcel preps the government bull
You will never be a man