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/biz/ - Business & Finance


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27960277 No.27960277 [Reply] [Original]

why is no one worried about hyper inflation

>> No.27960350
File: 247 KB, 800x1200, ah.jpg [View same] [iqdb] [saucenao] [google]
27960350

Because of what comes afterwards

>> No.27960374

because this is a crypto board

>> No.27960424

>>27960350
fpbp

>> No.27960480

Inflation is the reason I will never truly sell all of my BTC.

I will only sell some of it when its reached a point where it can sell some for so much fiat that I could buy a house in cash and bypass a mortgage.

But I would keep most of my BTC for as long as possible.

>> No.27960521

>>27960350
based and redpilled

>> No.27960532

Because the talking heads on tv don't have your best interests in mind and don't want to spook the masses.

>> No.27960568
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27960568

>>27960350
soon Brüder

>> No.27960601
File: 110 KB, 1200x900, RTS2IW0H-e1561501377141.jpg [View same] [iqdb] [saucenao] [google]
27960601

>>27960350
This?

>> No.27960659

>>27960568
how autistic does one need to be post shit like this?

>> No.27960724
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27960724

>>27960350

>> No.27960749

>>27960277
Because there will ALWAYS be demand for dollars

>> No.27960750

>>27960277
I'm trying to make ASAP it so I can buy a house, supplies, gold etc.

>> No.27960751

>>27960277
Because everything is so unbelieveably fucked at this point that they can just keep their house of cards propped up indefinitely. Your money is worthless yet it isn't.

>> No.27960756

>>27960277
because i have guns, ammo, gold coins, and because of this >>27960350

>> No.27960857

>>27960749
i'm not too sure about that https://en.wikipedia.org/wiki/Regional_Comprehensive_Economic_Partnership

>> No.27960879

>>27960350
Based.

>> No.27960885

>>27960749
There will ALWAYS be demand for Deutsche Marks

>> No.27960888

>>27960277
This is a crypto board, why would anyone here be worried about that considering we'll be the winners in a situation like that? If you mean normalfags its because their fucking stupid.

>> No.27960890

>>27960277
because the time for worrying is over.
now it's time to react to it.
if you're late to the party, act accordingly.
if you're a demoralization shill, GFY bitch.

>> No.27960910

>>27960277
Wouldn't the bubble burst? I'll finally be able to afford to invest in shit.

>> No.27960911

>>27960277
because the quicker we accelerate the quicker we can see if we can get society back on track for our kids or grandchildren

>> No.27961004

>>27960888
I am respectfully looking at your numerals.

>> No.27961016

Because I have more than half of my money in assets. Bring it on, I'll come out on top of most people sitting around with monopoly money.

>> No.27961017
File: 2.39 MB, 576x1024, 1603308426180.webm [View same] [iqdb] [saucenao] [google]
27961017

>>27960277
"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years."

>> No.27961171
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27961171

>>27960277
Normies literally believe the government is god and will save them from every single problem in their life. Generations of them have grown and bred without having to make their own choices, that's why they get so afraid of minuscule decisions in their lives and just look to MSM or the "official" opinion.

>> No.27961326

>>27960888
This, Based, checked and redpilled.

>> No.27961428

>>27960480
Retard. Why buy a house outright if you're sure fiat will go up like fuck? Take out a mortgage. If hyperinflation really happens, your outstanding loan payments will be mere peanuts and easy to pay off.

>> No.27961449

there will be no hyperinflation, you should be worry about a depression

>> No.27961451

>>27960277
>Ive been worried since I learned about fractional reserve banking in my econ class back in 2012.

Since then i have been stock pilling brass, rice, food, and silver. im always worried about inflation and always keep thousands of dollars of cash on hand for purches related to sex drugs and alchohol

>> No.27961487

>>27960277
it's already priced in, kek

>> No.27961512

>>27961017
FFS, this webm justed me harder than anything ive ever seen before. I'm so done with clown world.

>> No.27961534
File: 46 KB, 1159x426, velocity.jpg [View same] [iqdb] [saucenao] [google]
27961534

>>27960277
Because the velocity of money is at historic lows.

Money is not changing hands fast enough. There needs to be more transactions of money and goods for inflation and hyperinflation to kick off. People are hording cash or buying and holding assets.

Smart money know this so are not yet scared of inflation.

>> No.27961600

>>27961428
Hyperinflation wont hit property as hard as day 2 day necessities, and more money will pour into crypto than it will into housing.

>> No.27961651
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27961651

>>27960277
Look into PNK

>> No.27961893

>>27961428
buy house for 500k. hyperinflation hits and suddenly 500k is meaningless. durrrrrrrrrrrrrrrrrrrrrrrrrrrrr

>> No.27962017

>>27960277
Don't worry about what you can't control

>> No.27962035

I used to say the crash is coming soon. Now I realize the Truth. Market will be bullish until China de-dollarizes us.

>> No.27962168

>>27960885

...was never the world reserve currency; thanks for playing

>> No.27962211

>>27960277
Because I live in Europe. Once the US pops, I'll just wave and say goodbye form the other side of the Atlantic.

>> No.27962510

Do you think a caveman was worried about hyperinflation of spears when everyone was getting spears?

Fuck no, some BS new system will come out and completely devour inflation and we will start all over again

Oy vey!

>> No.27962539

>>27960888
So many things could go wrong for crypto in the future. Jesus mate.

I hope that isn't where you keep all your eggs

>> No.27962645

>>27962510
A better comparison would be the fall of the Roman Empire. But sure that works too.

>> No.27962884

>>27960350
holy mother of kek

>> No.27963007

>>27961893
exactly this, you could buy an apartment in Berlin for 5 ounces of silver

silverchads are going to be absolutely DUNKING on propertycucks in the very near future. once the Fed can keep propping up the market you won't be able to give houses away

>> No.27963031

>>27962168
>the dollar will ALWAYS be the world reserve currency

>> No.27963164

>>27961893
Yeah that's the point
If you owe 500k and 500k is meaningless then your debt is meaningless too. And you have a house

>> No.27963192

>>27962168
>the British pound will ALWAYS be the world reserve currency
>gets replaced by the dollar

Kek

>> No.27963216
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27963216

>>27960277
Because inflation is demand driven you fucking dingus, and because one of the primary fucking jobs of central banks like the fed is to keep the value of a currency stable which is exactly what they are doing right now even if you don't understand how monetary policy works.

Inflation doesn't happen just because there is more money. Inflation happens when demand for goods and services increases, resulting in higher prices for those goods and services and, by extension, a decrease in the purchasing power of money. Increasing the money supply increases the amount of money available for people to spend and therefore increases the demand for a good/service at a specific price. When economy-wide demand falls off a cliff you get deflation. Deflation is very bad because it encourages people to stuff money in a mattress rather than spend it which further decreases demand and leads to even more deflation. The fed offering very cheap loans to increase to money supply literally because they DON'T want the value of a dollar to change by a whole lot. When the economy recovers they'll stop doing this.

>> No.27963270
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27963270

>>27960350
>he thinks we’re going back

>> No.27963322

>>27963216
Governments all over the world have said they aren't increasing interest rates until at least 2024, and that they will all be printing fiat at a rate never seen before in the modern world.

This means asset prices like BTC are going to sky rocket this decade.

>> No.27963450

>>27960888
Because you'd illegally buy a loaf of bread from a shady guy who secretly accepts bitcoin and you'd pay a 2973827492387947 dollar transaction fee

>> No.27963537

>>27961893
The mortgage is 500k of meaningless money. The value of the house skyrockets. You're a fucking moron, I hope you don't invest.

>> No.27963614

>>27961451
If you're worried about inflation, why would you hold cash?

>> No.27963725

I am which is why I bought a house, crypto and silver. Ultimately I don't care though, the whole economy can crash and the world can go to shit causing me to suffer/die and it would be a worthy trade to end this clown world.

>> No.27963729

>>27963216
>When the economy recovers they'll stop doing this.
If they stop everything collapses so they'll need to keep doing it

>> No.27963811

I made 1m in 2 years by staying home and playing video games, this is peak clown world

>> No.27963812

>>27962539
like what?

>> No.27963890

>>27960277
>implying I’m not hoping for it

>> No.27963976
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27963976

>>27962645
The fall of Rome was kind of a long path to obsolescence. The eastern empire kind of helped limp civilization along for a bit in Europe. I don't think America has that kind of time. It reminds me of the architect in the Matrix. He makes some comment about each iteration of the Matrix taking less time than the last.
>We're getting better at it.

>> No.27964088

>>27963976
Ah, here's the quote
>But, rest assured, this will be the sixth time we have destroyed it, and we have become exceedingly efficient at it.

>> No.27964095

>>27960888
true

>> No.27964379

>>27963614
last I checked I cant barter a handle of jack with a picaso painting

>> No.27964853

>>27964379
Yeah, but when a handle of jack costs $1million, good luck wetting your whistle with a few thousand.

>> No.27965058
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27965058

>>27960277
cuz we all been stacking silver bro

>> No.27965126

>>27963976
America is in a unique position of being the entity that guarantees global trade via freedom of the seas, being the global reserve currency, and being geographically isolated/insulated from the rest of the world. Exactly what this means when the country collapses is to be determined but it will be spectacular for sure.

>> No.27965140

>>27961534
I can assure you that smart money is preparing for inflation within the next 3-5 years.

>> No.27965181

>>27960277
:(
>>27960350
:D

>> No.27965234

>>27960350

oh no no no no

>> No.27965267
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27965267

>>27960277
Cuz I want the current world order to collapse plus I think it will be funny

>> No.27965286

>>27960350
Fpbp

>> No.27965477

>>27960659
Enough to post on 4chan

>> No.27965503

>>27960601
Fuck, you could buy an army and fund an entire war with that kind of money.
Even if it is in Zimbabwe....

>> No.27965549
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27965549

>>27960277
Hyperdogecoinization is taking up all my attention

>> No.27965583

>gets held up by a bunch of people with guns
What now?

>> No.27965671

>>27960277
MMT is inflationproof.

>> No.27965715

Why worry about that which is inevitable

>> No.27965725

>>27960277
if it's got to happen, let it happen now and not later. I'm in a position to do well regardless. I'd rather be a part of the new future and do the hard work of securing it for white children than the task falling to a generation that is likely less equipped to do so.

>> No.27965750

>>27960659
gtfo newfag, ss posting is based

>> No.27965836

>>27960857
China was able to clamp down on the coronavirus hard and the economic impact is no where near as bad as the western hemisphere. I wouldn't be surprised if China leaked it to the world as a form of economic takeover. China will become king in the aftermath.

>> No.27965904

>>27960601
Why doesn't the US government just get one of those to pay off its debt?

>> No.27965968

>>27961512
if that video justed you, then you sound pretty fucking pathetic, ngl. grow the fuck up and learn to take some personal responsibility instead of blaming others for your shit life. ngmi loser.

>> No.27966217
File: 20 KB, 354x326, Screen Shot 2021-01-16 at 10.27.56 PM.png [View same] [iqdb] [saucenao] [google]
27966217

did someone say hyperinflation

>> No.27966270

>>27961017
This woman is seriously fucked up for having a child knowing her kid would come out fucked up like her.

That child will probably never find love, never find a spouse and be made fun of and the only reason that child exists is because of clout.

>> No.27966423

Why is nobody worried about this board being astroturfed so hard?

>> No.27966489

>>27960277
Modern monetary theory. Dollar is king. Hyper inflation is just a conservative meme.

>> No.27966588

>>27966270
someone put that baby in her

>> No.27966818

>>27961600
>>27961893
your side of a 30 year fixed loan is short the currency. you're both not as smart as you think you are.

>> No.27966883
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27966883

>>27960277
>what is BTC
sorry nocoiner

>> No.27966908

>>27960350
Cope and seethe nazi incel. This time there is to much brown people in your lands for you to ever organize and pull this dumb shit ever again. You have lost and will go extinct. We will always be the worlds best and in control.

>> No.27967071

>>27963614
Store is out of toilet paper

>> No.27967839

>>27960277
America is an asset economy. Buy and hold assets. Set your babbys up with assets or to be able to buy assets. Property, stocks (foreign preferably), crypto, and to a lesser extent boomer rocks. Get the fuck out of cash.

>> No.27968583

>>27962539
Low IQ take.
>>27963450
>illegally buy a loaf of bread
Bro listen to yourself holy shit you are stupid. Also BTC will never be digital currency its the boomer coin. Its digital gold at best. Something else (rapped BTC or something like it) will be what takes its as far as peer to peer.

>> No.27968795

>>27960277
Because nobody's a dumb nerd.

>> No.27968871
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27968871

>>27966908
>It thinks the brown people wont join us
lol

>> No.27969049

>>27960749
yea right. countries have been trying to get off it for years but burgers had the ability to go and murder them for it, which they're rapidly losing.

>> No.27969769

>>27960277
Inflation will only happen when people completely lose faith in the government, it's slowly happening, but there's still a lot of people who think Biden is a legitimate president and not a corrupt Chinese pawn with dementia.

>> No.27969793

>>27965267
inb4 swimming scorpion patch becomes a thing

>> No.27969856

Top of the bubble is characterized by unwavering optimism

>> No.27969954

>>27960277
wanna know a well known secret? the roaring 20's came after a pandemic.

>> No.27970009

>>27960277
Because anyone smart enough to understand economics doesn't keep anything in cash.

>> No.27970016

>>27960350
AUF DER HEIDE BLHUT EIN KLEINES BLUMELEIN

UND

DAS

HEIßT...

ERIKA!

>> No.27971033

>>27968583
damn sick of these tourists who don't know shit about crypto. no one buys anything with Bitcoin.

>> No.27971049

>>27965126
It will be quite the show. The tentacles reach far and anyone who doesn't live in 3rd world squalor will feel the effects (they will to, probably). Who will China sell their shit to?

>> No.27971125

1 LINK = 1 LINK
>2025
>walk into the grocery store
>fill cart with groceries
>"Sir will you be paying cash or credit? That will be ten trillion USD."
>I'll be paying with LINK. How does 0.00000000001 LINK sound? Don't worry bucko, you can keep the change!
Simple as

>> No.27971195
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27971195

>>27967071

>> No.27971268

>>27960350
This. I want it to happen

>> No.27971331

>>27960350
You're going to blow your brains out in a basement as the police are breaking in?

>> No.27971489
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27971489

>>27960277
Priced in. Everyone knows hyperinflation is coming and has retreated all their cash into assets (stocks, real estate, crypto, etc). The only people who haven't are low-IQ normalfag consoomers who don't save money anyway. And those normies have zero political power, whereas all the people in power who hold sway over the system keep most of their wealth in assets, and will only stand to benefit from the continued devaluation of the currency.

>> No.27971523

>>27960350
FPBP

>> No.27971737

>>27960277
i'm more worried about Sonic inflation

>> No.27971924

>>27963216
thank you, someone who actually knows what the fuck they're talking about.
I can't stand the absolute cucks on this board who believe that deflation is a good thing. Imagine thinking that you know better than the fed, an organisation filled with literally the most accomplished and elite economists on the planet. Top kek

>> No.27972047
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27972047

>>27966588

it was me

>> No.27972073

>>27960601
Similar mustache, but not quite the same character stats as Hitler

>> No.27972227

if you buy groceries or building supplies you are already experiencing hyperinflation.

>> No.27972327
File: 215 KB, 500x364, image_2021-02-06_225827.png [View same] [iqdb] [saucenao] [google]
27972327

>>27972073
forgot pic

>> No.27972489

>>27971924
the cpi is the biggest crock of shit statistic besides the unemployment percentage. Note how both of those numbers are the ENTIRETY of the (((fed mandate)))

>> No.27972692

GME nigger

>> No.27972784
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27972784

>>27960277
>hold bitcoin
>don't have to worry about hyperinflation
>don't miss out on crazy gains like metalcucks

>> No.27972835

>>27966908
No discord trannies allowed on biz.

>> No.27972844

>>27971331
Kek

>> No.27972882

>>27966908
Brown people will be doing all the heavy lifting.

>> No.27973267

>>27961893
retard. the house keeps its value (you can't print houses) while the debt evaporates. That's why under hyperinflation people run to spend their money on useless crap that will at least hold its value compared to fiat.

>> No.27973338

>>27960568
Cant wait... personal life is going to shit right now over my convictions

>> No.27973394

>>27960601
Use scientific notation? Oh wait... show my that African BellCurve

>> No.27973549

>>27972784
Fellow gona make it brother

>> No.27973695

>>27960350
Have we started the fire?

>> No.27973742

>>27971033
Yah getting real sick of these newfags.

>> No.27973758

I'm not so much worried about hyperinflation as much as I am about whether or not BTC continues to increase my spending power as fiat hyperinflates.

>> No.27973814
File: 709 KB, 500x725, AscendedFuhrer.png [View same] [iqdb] [saucenao] [google]
27973814

>>27960350
pbuh

>> No.27973903

>>27960659
stfu jew

>> No.27973977

>>27961017
that video is the perfect avatar for western society rn

>> No.27974049
File: 520 KB, 768x1149, 1594618281323.jpg [View same] [iqdb] [saucenao] [google]
27974049

Also I like Hitler as much as the rest of you, but here on /biz/ we don't FPBP shit that is like a reddit upvote. Its super cringe and shows that you are nothing more then a tourist.

>> No.27974076

>>27961651
this is a meme made by someone who is gonna make it

>> No.27974083

>>27960277
because dhedge protects people against the sort of really bad effects of it. crypto is the answer

>> No.27974163

>>27974049
stfu homosexual and show some respect to the last knight of the west

>> No.27974219

>>27974163
Fuck off newfag go back to /pol/ or respect my board.

>> No.27974347

>>27960350
fpbp you absolute mad lad

>> No.27974432

>>27974219
>your board
you are a nigger and by creed of the white man's law cannot own anything. You are about to get yourself lynched darkie now stfu

>> No.27974534

>>27974432
You are a double nigger now STFU and fuck off you low IQ subhuman. Hitler would have gassed you for being an honorary kike you mong. Now go back to /pol/ and reddit.

>> No.27974696

>>27974534
wrap my aryan ass cheeks around your nigger kike face and suck out a kosher wet fart rabbi

>> No.27974945

>>27974432
>>27974534
Both of these posters are Indian

>> No.27975533
File: 1.91 MB, 610x360, 1582633745137.webm [View same] [iqdb] [saucenao] [google]
27975533

>>27966908
>he thinks the spics wont side with the crazy whites with blood in their eyes.....

>> No.27975575

>>27960885
Only for the coins with silver in them

>> No.27975664

>>27960277
We all have btc. We crave hyper inflation

>> No.27975692

>>27975664
kek alright ill hop back on if it goes a lot lower

>> No.27975832
File: 1.37 MB, 207x207, 1586347552086.gif [View same] [iqdb] [saucenao] [google]
27975832

>>27971125
>bucko

>> No.27975854

>>27975533
Did he died???

>> No.27976830

>>27961428
I'm pretty sure the banks will just rapidly ramp up interest rates as much as they need to so they don't lose out in this situation

>> No.27976919

>>27966270
and yet she was still able to have a baby with that face. women have it easy.

>> No.27977296

>>27960749
There will ALWAYS be demand for gold.

>> No.27977533

>>27965671
How does MMT benefit the common man?

>> No.27977769

>>27971924
Imagine thinking that The Fed is actually competent.

>> No.27977825

>>27973267
>you can't print houses
It's called construction.

>> No.27977948

Consider that oil prices are near their pre-pandemic highs while a lot of the world is still locked up at home.

That's the inflation.

>> No.27978113

>>27975854
the printer? yeah it's fucked

>> No.27979032

>>27966908
There is a place of honor for strong browns in the Reich. They will join up the second whitey starts goose stepping and they figure out he’s not coming for them.

>> No.27979147

>>27977948
>oil prices

That's not inflation. That's price fixing.

>> No.27979587

>>27960350
I can’t wait.

>> No.27979689

>>27960277
Hyper-inflation? What store of value will be left unscathed when the worlds greatest currency is bust? Don't give me that ass coin shit. No country is going to base their monetary policy on a literal shit coin that could tank an economy overnight. If the USD goes down...we're all going down.

>> No.27979843

>>27961893
Lol certified retard spotted

>> No.27979999
File: 10 KB, 240x240, sadcatcoin.jpg [View same] [iqdb] [saucenao] [google]
27979999

>>27960277
because im invested in a deflationary currency with locked liquidity

SAD CAT COIN

buy this shit brah launched today and guaranteed to 5x by the end of the weekend!!!

https://www.dextools.io/app/uniswap/pair-explorer/0xc3d1eb891f24de439937c73748fc455588828489