/biz/ - Business & Finance

>>26419611
Pretty much. Same reason people waiting for the housing market to "collapse" are retarded. It's the dollar that's collapsing. Now's the time to get out of cash and into assets.

>>26419730
Holy fuck, based as fuck. Anon you are based.

And ther's LITERALLY people who think printing money will just create a buble that will burst

RETARDS

>>26419611
How do I get into this if I don't have access to American markets?

>>26420686
You need access to American markets.

It shouldn't be hard to get into it.

based tech religion

>>26419611
Should I take out a 0% interest loan and dump it into crypto? I’d have a year to pay it off

>>26419611
Literally the only thing I'm worried/pissed about is fucking taxes. wagmi... but I fucking hate taxes, and am unsure of what to do about it.

>>26419611
what if eu gets pissed at big tech, that + tsla are the only things that keep me a little diversified

>>26421203
Then it may be a small drop but overall big tech is still profitable and is taking over the world. It will be a blip on big tech if anything.

>>26421023
No, dump it into big tech

>banks are going to give out negative interest loans
Wrong. They’re going to apply negative interest rates to your cash holdings and not give out loans

>>26421680
Well my dad already took out massive loans, DINGUS

>>26421023
Not crypto, but assuming you are actually capable of getting a sizeable 0% interest loan, you could put it into any blue chip stock/bond and pocket the dividends.

>>26422434
Real interests rates are negative.

>>26419611
>You can literally borrow money and get paid to do it.
Explain literally step by step how this is true. Every credit card has 15% rates.

Are you implying a bank loan that is spent on Amazon stock is effectively free because it’s guaranteed to rise and dollar fall?

That’s a different fucking thing than a “free loan”

>>26422240
stop larping as your dad and get him on here then

>>26422518

>>26419611
So, in short:

Fuck Niggers,
Fuck Faggots,
Fuck Kikes,
Fuck Trannies,
Fuck Jannies

>>26422518
The loans form the bank are free because the rate of intlation is higher than the interest rate.

>>26422675
Where am i getting the money from? Is my job just going to give me a raise that conforms to inflation? What if they don’t?

>>26422807
>Where am i getting the money from?

What money? The loan? You borrow it from the bank dude.

>>26422831
The money to pay it back

>>26422998
The bank will not give you a loan that your current job can't suffice the interest payments of.

>>26422831
that's so 2000s, bluepill, kek

>>26423051
And it's 2020 again, my dad just took out a massive loan.

>>26422675
>>26422831
You’re a fucking genius bro. I’m sure the banks are totally unaware of this brilliant plan of yours. are you a retard?

>>26422831
The bank isn't going to just give you money to put into stonks idiot.
If you own a home you will be able to get a HELOC at little bit over normal mortgage rate.
You might also be able to get a small business loan for about 5% if you create a shell company.

>>26420010
Total retards. Obviously if you print money then offset that by taxing all money it at a higher rate, then it cancels out and it's controllable

>>26421023
yes (lmao)

loan as much money as you can and then put it directly into crypto (lmfao!) so that you can make lots and lots of profit effortlessly (hahahahah lmao!!!)

kys

So eh do you have any math to back up this queef?

>>26423217
They are aware of it dumbass, they're letting it happen because they don't even pay for their own money, they get it for FREE at the FED so they still profit.

DUMBASS

>>26423293
My dad can borrow at 2.5% to buy 10 million in stocks if he wanted, given his assets.

DUMBASS

>>26419611
KEK NO

this is how it will go

>2021, governments introduce their central bank digital currency, cash fully phased out because of 'covid'
>full govt control over what you can buy and where you can spend your money
>more than 10 miles from your house? Card wont work.
>trying to be precious metals or crypto? Unauthorised
>negative interest rates introduced, now you have to spend your money by the end of the month or it expires (congratulations, you are now a wageslave living paycheck to paycheck)
>you still owe loads on your mortgage which you now cannot afford, since food prices have increased 1000%
>you are offered UBI in exchange for giving up the right to own property and must also agree to be vaccinated every 12 weeks
>you are moved to worker accomodation no. 89264. Essentially a pod with shared facilities
>vaccines make you permenantly infertile (oops sorry goyim, this was an 'unintended' side effect. No, you can't sue the pharma that created it)
>can't see friends or family, only the 'diverse' people you are assigned to live with in your accomodation block
>criticise the government for forcing you to live like this
>your social credit score has reduced by 50 points. Your pay has been docked by 50%. you are now only permitted to buy oatmeal to eat

>>26423427
Banks make money off interest rates you dork. If consumers aren’t paying interest the bank is LOSING MONEY

>>26423448
Based time traveller

>>26423427
Not everyones got a daddy that can put up some collateral for you for sucking his dick. You fag.

>>26423349
You're so fucking dumb

>>26423413
Yeah, 40% of the current m1 money supply IS A LOT

>>26419611
Teach us. We’re at the river side and we want to know how to fish.

>>26423491
My dad is paying interest, which happens to be lower than inflation

YOU DOLT

>>26423448
You're so fucking stupid. That will make Amazon stock SOAR

>>26423779
No but if you have a job you can still borrow

Prime rate is 2.5, maybe 5% if you're unlucky.

>>26421023
take a little less risk, 75% into silver 25% into crypto. Silver should at least appreciate enough to cover crypto losses. I did this last year with gold silver, borrowed 20,000, 600 dollar fee, made about 8000$

>>26423940
You won't be ALLOWED to own amazon stock you fucking brainlet. you won't be permitted to own anything

>>26424225
You're so fucking dumb!

Please get off this board you freak.

You won't AFFORD to own Amazon stock, you'll own nothing because the WEF plans to get the price of stocks shot up to 100000%.

Then you'll own nothing because you can't afford shit.

If you buy now you'll be good.

>>26419611
based. Pay attention anons, the dollar is collapsing- this means that poor countries with large debts in dollars will start to do very well..
>Invest in emerging markets now

>>26419611
Stock market will crash in 2020s just as in 1920s, but probably much sooner

>>26424587
Get off my board you underage faggot

>>26425376
Get off my board you dummy

You're what we call "White trash"

>>26425416
>"we"
based upon your current larp, yoru father apparently has some assets that he can borrow against. it doesn't seem like you contributed anything to this, nor do you have any ownership of it. put another way: you have no skin in the game, and yet speak as if you do

>>26425702
It's my inheritance dumbass, it's all i have.

You're a moron.

>>26419611
Yeah the problem is the banks and the fed are well aware of this. They'll find a way to fuck you don't worry about that

>>26421023
no dumbass. Dont invest what you aren’t willing to lose

If I want to get my cash saving out of cash and into safe assets what should I go for?

>>26426775
Buy some safes

>>26422518
>credit card
Literally the most retarded way to borrow money apart from maybe a loan shark. Are you retarded, anon?

>>26425849
is it in your name? if not, then it's not your anything. your dad could spent it all on hookers and blow and you will be shit out of luck. this is not an uncommon occurance, hundreds of millions of dollars are donated to churches and other charity projects as wealthy parents near retirement age, as they feel like their children are undeserving of generational wealth.
I wish you the best of luck with future endeavors

>>26427072
IF my dad did that i'd be so mad.

>>26423448
this is all true except instead of oatmeal you'll be eating cockroach paste

>>26427252
I mean the trope of scorned trust-fund reject exists for a reason. you seem like an retarded cunt, which probably means your parents were asleep at the wheel and are starting to realise that they fucked up raising you with a silver spoon in your mouth.
a similar thing happened to me, which is why I spent the majority of my time in university homeless, as mommy and daddy turned off the money spigot. because of this, I was able to screw my head back on and become humbled.
Don't worry, if you're lucky the current version of you will be murdered at some point in the near future, and the less piece of shit version will be forced to claw itself into existence. Or your dad will just give you his empire and you'll waste it on feckless bullshit and get colon cancer or whatever, who knows!

>>26422600
>intlation
>>26422675
>>26422807
>>26422831
>>26423051
>>26423427
This is the dumbest fucking board

>>26427439
I want to hire really hot escorts in Europe because girls my whole life had rejected me.

I don't see my self as privileged, if i were privileged, i'd be born with a good jawline and girls would like me without having to pay.

>>26427586
jah bless

>>26427583
Im sorry you're too stupid to understand me