/biz/ - Business & Finance

Because everything your economics jew teacher taught you is a lie and in reality the economy is backed by the threat of violence. The USD is strong because if it weakens the USA will nuke the shit out of everyone.

>>27972952
Asset value has been increasing. Just wait for the fiscal spending combined with massive monetary policy. The fed said they're comfortable with inflation over 2%. We'll see 3.5% inflation in 3-5 years. Remember that inflation is slow motion defaulting. It's all choreographed just know it's coming. Not fucking retarded 'hyperinflation."

>>27973035
This.

>>27973145
Inflation will hit 20% when Biden introduces uNIGGERversal WELFARE GIBBMEDATS BUX and everyone gets $2000 a month for rent and drugs

>>27972952
PETRO DOLLAR

>>27972952
World reserve currency

>>27973145
What assets?

>>27973035
>nuke
This will never happen. No one is scared of nukes

>>27973035
fpbp

>>27973035
And this

>>27973035
This is very true.
The USD is backed by military force. And we’re always close by.
Collapse won’t happen until the American military is kicked out of every country and the dollars come rushing back into America

>>27973411
The entire stock market? Art? Real estate? All the QE has gone straight into the market and NOT into the hands of people that actually spend money (the poor). The money we've printed have gone to the wealthy who DON'T spend the marginal dollar gained. They hoard it into the stock market and the like. Poor people spend it on that $500 auto bill. That's why we've seen a decrease in the velocity of money that many other anons have pointed out and a big reason why government stimulus in the form of checks is a massive boost for the poor.

>>27973221
he just promised a few stimulus checks to get elected, and he is very unlikely to deliver them

>>27973522
Eventually the USA will be filled with gay brown manlet trannies and the military will be a joke, wait 80 years

>>27973145
Inflation hasn't been below 5% since the 80s. We are in a massive asset bubble because the dollar is dying. Hyperinflation is unlikely. Mid double digit inflation for years is likely.

>>27972952
because no one in their right mind is keeping or spending it, it's all being invested

>>27973603
10year treasury yield says otherwise. Don't know where you're getting your numbers from.

The bullet makes it hold its value
https://youtu.be/5Tms_mIJjpY

>>27973537
This is the answer for non-brainlets. QE creates inflation in Real Assets, not overall consumer inflation. This is because the money goes into the hands of banks and corporations and they turn it into real assets as fast as possible (eg. Blackrock buying real estate for the first time ever, and they're buying A LOT). That's why housing began to skyrocket after 2008, because the government was still QEing the whole time-that money just became easily accessible loans to underqualified individuals.

The intent is the liquidation of the middle class, only the rich and the poor will be left.

According to jim rickards its because inflation has nothing to do with the actual amount of money printed but rather is a perceptual phenomena: https://www.youtube.com/watch?v=GTA9jZTaLvs

>>27973035
Which is why dogecoin will unironically be worth more than USD shortly

>>27973035
FPBP
recognize this

>>27973579
>wait 80 years
More like 10-20 at the rate its collapsing now. China will soon be able to curb stomp the US military simply because they don't actively stab themselves in the stomach the same way the US does

>>27973672
The CPI is bullshit. Anyone who has bought anything over the last 10 years knows this. The 1980 method calculates comparable quality goods price change over time.
http://www.shadowstats.com/alternate_data/inflation-charts

>>27973993
not sure how true this is. He and Peter Schiff have argued about this in the past though with Peter being an Austrian and taking the Austrian view of inflation.

>>27974151
>China will soon be able to curb stomp the US military
You’re either a college kid, brainwashed chink, or an actual retard

>>27974296
The US military is unironically being replaced with niggers and trannies. I'm not even joking

>>27974296
kek

>>27972952
Assets especially homes have been skyrocketing in price far beyond the "inflation" rate. We are feeling it in many ways, just not the Zimbabwe one.

>>27973035
Pretty much. Wtf is everyone gonna do if we decide to start a world war? Who's gonna stand up to us? China? lol

>>27974296
>china curbstomps US and its allies in korea in 1950 with fewer troops and no airforce
>muh can't do the same today while it is 100x stronger

kek, amerimutts are really this gaytarded

>>27976127
The Russians actually provided air support for the Chinese

>>27972952
Because M1 money stock isn't "circulating supply", it's just the tiny percentage of USD sitting in cash or checkings accounts.
Because USD entering M1 money stock doesn't mean it was just newly printed, it can also have entered there from M2 or M3 money stock.
Because you don' even know what M1 let alone M2 or M3 are, you just take things someone said somewhere on the Internet at face value without a second thought or five minutes of research into the issue.

>>27972952
Assets going up, middle class shrinking.

>>27972952
Nukes + Petrodollar desu.

>>27973221
he went from $2000 checks to $1400 in a matter of days, stfu trump faggot COPE

Because the brrr went all to the stock market. Hyperinflation comes after the crash

>>27973221
I doubt he'd ever do that and in fact if he did I would actually like him because I would at least get something out of this presidency

I have made one mill in capital gains just holding farmland on the outskirts of the city and i will tell you straight it is going up faster than some rental cuck shed inside the Urban limits and the livestock don't complain about their lodgings.
My current government has created the largest rise in retail asset prices in history by pretending they know what the fuck they are doing borrowing billions and pouring it straight into the market.
I could theoretically retire now and just smash pussy for the rest of my life but then i realise i am surrounded by dumb fucks who are getting further into poverty every hour of every day and i need a noahs ark to get the fuck out of here.

>>27973620
which is exactly why its a problem its doing the opposite of what it was designed to do. One of the biggest consequences is the rise of housing costs.

>>27973993
some people just use inflation to mean the rise of price and not the money supply. I think modern day economists (or "economists") don't even think the money supply has any effect on the economy

>>27972952
Velocity of money is way down because of the pandemic, when things open up again you are going to see some serious shit

>>27972952
It is hyperinflating, but only for the rich. Now wipe my ass poor boy!

Hyperinflation only becomes real when the demand for the currency rapidly drops.

>>27976647
That's the million dollar question. If you want to retire now and smash P what are you going to do with the gains to keep inflation from eating them away? You can't really get a "safe" return that would beat annual inflation.

>>27977500
Yeah it's a hard one and i don't like stocks. Thinking of leveraging out further, focusing on amalgamation and just accepting that i will be stuck as a large land holder until retards elect commies and starve themselves.
Need to diversify my countries desu.

>>27976127
>China
>winning a war
>least of all a war in 1950

>>27977947
lmao the larping on biz is getting more ridiculous every day

>>27972952
It's not?

>>27978077
>Larping
Buy land on the Urban boundary, graze it with live stock so your investment turns revenue if you aren't a poor fag and thank me later.
I knew one cunt who had enough grazing leases on land banks to fatten one thousand head of cattle beast yearly.

>>27978010
america also hasn't won a war since the 50s

Housing prices in major cities have literally went up 100% in the past year. That is the definition of hyperinflation.

The only reason why it doesn't seem like it's hyperinflating to most people is because you are so poor that your money is basically worthless. i.e. Jeff Bezos makes $150k per minute.

All of the assets owned by the rich are skyrocketing, including stocks. They are furthering the divide between the rich and not rich. Pretty soon, the only way to escape poverty will be winning the lottery.

In 1969 you could buy a nice cold Coca-Cola for less than one dollar and ninety-nine cents.

>>27972952
Been to a grocery store lately? A frozen pizza costs $9, inflation is starting

>>27973221
Trumpers are the new Niggers. Biden and the entire Democratic party would never give UBI/etc. but you're too much of a mental NIGGER to ever understand that

>>27974296
The US military wastes its budget on legacy technology like aircraft carriers while china invests in cheap missiles that can take out a fleet in minutes.

>>27972952
People aren't spending and earning. Money velocity is at a ten year low. Once things start moving again expect inflation to kick in.

>>27976530
>market crashes
>gains are unrealized
>those who sold in profit sit in USD in their bank account waiting to re-buy the bottom
it'll just moon the dxy like it has in ever other crash. so how will there be hyperinflation?

>>27979029
Then why are the Chinese currently building at least 3(THREE) aircraft carriers if they are obsolete.
You absolute retard

>>27972952
the money is not circulating in the general economy, it's going back and forth between banks and corporate stockholders. notice that the stock market is inflating.

>>27979477
What's you're eta on that popping?

>>27979401
Those carriers are a fraction of the size of an American carrier.

>>27973035
which country exactly is the US military gonna invade if market forces revalue the USD as next to worthless?

>>27973035
>Violence-backed fiat
Extremely based
>>27974842
This is essentially true. It's filling up with minorities and Biden reversed Trump's tranny ban so it's open season again for them to join the military and make taxpayers pay for their HRT while they're at it.
>>27979604
Then it is an even bigger waste of time if they are going to be smaller and inferior to US carriers.

>>27972952
Multiple reasons. Easiest to understand is international demand for the USD because despite it being fiat, it is THE fiat as global reserve. It is quasi backed by oil as the petro dollar as oil is exchanged nearly exclusively in USD so it is, in a sense, “pegged” to an asset with predictable-enough supply. Pandemic increases this demand for USD so greatly that the only thing that prevented massive DEFLATION was massive money printing. Only issue — when money velocity returns to normal post lockdown other countries will have more faith in their own currency again. What happens when the demand decreases back to normal but the supply has been permanently increased? Yeah you fill in the blanks.. Buy LINK, Buy silver bullion. And honestly stocks aren’t even bad. The market will correct only in real terms not nominal terms. Cash savers will get fucked hard, but if you’re holding decent stocks you won’t be homeless.. still though.. Chainlink and silver is the true make it portfolio for the Great Reset

It is. Stocks are too expensive.

>>27974296
Soon the US military will get rid of all the straight white men (because of white privilege or supremacy or something) leaving only fatties, sheboons, and trannies.
After that even Canada would be able to beat us.

>>27972952
Because a lot of people are putting it into their savings accounts. If extra dollars were out in force purchasing goods, the inflation would be much higher.

>>27974001
kek

>>27973145
Food prices and building materials have also gone up drastically. Inflation is happening it’s just not at the Weimar level.

>>27980104
Inflation has been out of control, and demand for USD is lessened which is what they usually use to export inflation abroad.
Not to mention the petrodollar is dead in the water and the largest importer and exporter of oil trade outside of USD now.
Their last hurrah is to try to kill domestic energy and start up military adventurism in the mid east again, which even if successful is still worse for the common citizen. Who never enjoys the fruits, but eats the bitter rising consumer costs.

>>27980524
Look at the price of home and land value. It has sky rocketed. The plan to create a nation (and world) of renters in well under way.

>>27979548
end of year

>>27980344
even worse, consumer are paying off debt. debt is money supply so lack of debt is a problem for the fed.

>>27972952
CPI is horseshit, real inflation is higher. Look at the price of housing, healthcare, college, etc. The price of all of that has fucking skyrocketed.

>>27980690
It is what it is, their plan has been laid out in public for years. Agenda 21 wasn’t a larp. But at this point I’m just gonna look for myself and not spend too much worrying preventing this outcome. Humanity is doomed to be enslaved. But I’m not mad about it anymore, it’s like being mad that cows moo.

It is. Have you paid rent lately? Bought milk? Silver? Oil? Fuck oil was negative last year and now it's $50 a barrel. Silver was barely over 10 dollars and it hit $30. Even gamestock stock inflated didn't it? Have you tried to buy ammunition? Have you tried to buy a gun? EVERYTHING is three times more expensive than it was last year.

>>27981044
And people's wages and salaries have largely stayed the same.

>>27980238
Check out Zimbabwe stock market, these prices are peanuts compared to what’s coming

>>27976456
The GOP wanted him to do $1000 checks....

>>27981114
Welcome to globalism and AI replacement. The companies that our ancestors gave everything to are doing all they can to replace us completely with robots or slave labor

>>27981114
Worse than that. They've been fired and their businesses stolen from them and burned to the ground by the communist party.

>>27981214
>>27981239
Its' the new reality. It's already here. People talking about it coming are blind and won't accept what is already passed.

>>27973035
Low IQ take. If Germany stops using USD, America is going to nuke it? They're not going to do shit, this is an asinine take. They're going to impose sanctions and tariffs on it, but as US economy declines that becomes less and less of a threat

>>27979931

>>27972952
Real estate is inflating.
Stocks are inflating.
Consumer goods are slightly inflating in price but much of the inflation is hidden by lowered demand due to lockdowns, decreases in production quality, and reduced material/production costs.

Pokémon cards have literally 4xd (or more in some cases) in one year. Nike Dunk sneakers have 4xd in two years. Inflation is here it’s just put into things that rich people can afford massive collections of.

>>27981393
serious answer pls. i don't buy that a US temper tantrum over breaking favorite toy is going to do literally anything

>>27972952
Cause everyone’s poor

>>27972952
It is. You just don't see it yet.

Apollo fixes this starting at uniswap listing on the 15th btw.

>>27981325
It's amazing really. COVID has been the biggest transfer of wealth from the bottom 99% to the 1% in history and it's been the left that's been cheering it on. So many small businesses killed off meanwhile Amazon and other megacorps are posting record profits. Goes to show those chucklefucks have no idea what they're doing.

>>27981393
And how will that convince companies around the world to issue eurodollars? How will that convince people around the world to buy US stocks? What the fuck exactly is this supposed to accomplish? Maybe you can prop up petrodollar with a threat of war, but petrodollar is just a part of it

>>27981522
No they aren’t, everyone is still getting paid not to work and nobody can spend any money because of lockdowns. There’s pent up demand brewing under the surface that’s going to be unleashed

Because QE causes deflation when they think it causes inflation. central bankers are actual brainlets and making the situation worse. QE isnt printing money.

And if you’re not using this time to protect yourself from inflation, you’re fucking up.

>>27981609
We are barely a week into Biden’s admin and they are already taking about a nuclear first strike on Russia. The world is doomed.

>>27981114
>wages and salaries have largely stayed the same.
MANY corporate jobs had salary cuts in 2020

>>27981613
Yeah right as soon as restaurants reopen everyone will order 10 lunches a day instead of 1, as soon as airports reopen everyone will fly to 10 destinations a year instead of just the 1 that they have time to go to. How the fuck does pent up demand apply to service economy. People only need so many services a month/year

>>27981613
>everyone is still getting paid not to work
since the new year Unemployment has been seriously fucked up all over the place. people haven't been getting paid even though Trump signed an extension through March.

>>27972952
Because it's not circulating. The kikes are hoarding them.

>>27981775
As soon as restaurants reopen i am going to eat out every night for a month and when air travels reopens I’m going on a round the world trip. I’ve been stuck in my house for a year

>>27972952
I've wondered this for a very long time and had an epiphany last week. It's because the value of a currency is really only a value compared to other currencies. Because 99% of central banks are controlled by the same people, the act of printing money in one country makes the value go down relative to other currencies and that triggers the printing of money in other countries as if it was one elaborate balancing act. Don't get me wrong, inflation IS occurring but at an immensely slower rate than you'd expect

>>27973035
KEK
why arent we already nuked by ussr or china then?

>>27981613
There is not pent up demand. Everyone is very depressed because the economy sucks and the price of assets is putting things out of reach. People will try to save more, but the rich will just start to tax more on necessary items. There is literally no way the people can overcome the rich because they have gotten so wealthy that they can literally buy off every person in power.

>>27973035
Kek. You're fucking retarded

>>27981775
I would also add that we shouldn’t discount changes in consumer behavior. I think pub and clubbing culture will definitely decline post covid. Plus just the overall precariousness of being poor or middle class in this world - consumer economy is dead.

>>27972952
https://i.4cdn.org/g/1612674334035.webm

>>27979931
Why don’t you ask ghadaffi what happens when you decide to not use dollars anymore

>>27982268
fucking retarded americans

>>27982268
Islamic insurgents rape you with a bayonet?

>>27982039
I'll never buy anything I don't absolutely need. Not that I ever did really, but much much worse now. Fuck corporations. Amazon can get fucked. Walmart? Fucked. Any store that requires a mask? Fucked. Nobody is getting a fucking dime from me.

>>27982268
Let’s see NATO try that against China, Iran or Russia. NATO only flexes on shithole countries.

>>27973035
What fucking planet are you living on? We haven't won a war since World War II (and the Russians did most of the heavy lifting). Korea was at best a tie, and we got the living shit beaten out of us in Vietnam, Afghanistan, and Iraq. We haven't won a war in nearly a century, and "American military supremacy" is a fucking meme.

>>27982301
Wait I thought that's what happens when you are an ambassador illegally dealing weapons and Hillary Clinton is Secretary of State.

>>27972952

Because it was printed for the elites and money doesn't trickle down. Functionally it might as well be a separate economy from the one you participate in.

>>27976059
China would destroy you unironically. Good luck trying to fight a country 4 times bigger in poblation and prepare to get rekt by rice farmers.

>>27972952
Stocks inflated 100% in a year

>>27981936
>when air travels reopens I’m going on a round the world trip
And most people aren't because the amount of time they can take off work has not increased

>>27973993
With people like that in positions of authority we are beyond fucked

>>27982468
> a Country literally dependent on food deliveries from other countries that isn’t self sufficient fighting a war

It’s funny just how retarded you are lmao

>>27976127
This didn’t happen though. A single marine battalion invaded the Chinese border at the command of a general disobeying orders.
The unit faced off and defeated 5 Chinese army and North Korean battalions during their tactical retreat
There was never supposed to be an engagement with China

QE isn’t money printing it’s just some technocrat fudging bank balance sheets.

>>27976237
M1 , M2, M3 money stocks are literally just made up bullshit that people take at face value

>>27982490
Well wagies can get back in their cagies then whilst I sip cocktails in French Polynesia

>>27972952
USD has already dropped by 10% compared to other currencies. The other 10% inflated the stock market and lots of assets. Hell even Magic cards are spiking, DCs absolute edition, tons of old video games, and none of it is depressing the price like it normally does. Its all being gobbled up and prices are going up.

There's enough food and other consumer goods to go around, no reason for them spike in price.

>>27976059
>women are approximately 14 percent of the active duty Army, 23 percent of the Army Reserve, and 16 percent of the Army National Guard
Oh the world is shaking at the thought of fighting mighty American WOMEN

>>27981521
The actually answer is that no one is actually in a rush to dump the USD before the US officially does, because as long as it exists and is still supported by the US gov, it means Russia, China, and whoever else, can trade rapidly deteriorating fiat for actual commodities. The US knows this too. Which is why they may have plans for a commodity backed money again, but can't EVER for one second drop their poker face about having faith in their own fiat. The second the US flinches and makes it clear they are moving to a new monetary system, dollars are officially dogshit, they wont buy anything, and know foreigner will be incentivized to use them since SWIFT won't even use them.

>buy silver, Uncle Sam did

>>27982739
Kek the boomers catch a winner every now and then

>>27982664
(Not fake)

it can onlr hyper inflate if the money is being circukated now it is held by so few... there are a lot if people out of work...

>>27982739
based, i'm 100% in silver, or i was until i lost it all boating :(

>>27980914
Noooo
You cant just list stuff people truly want
You have to measure inflation on the price of three year old smartphones

>>27981558
>it's been the left that's been cheering it on
The controlled nu-left
Nu-leftists get their opinion directly inserted from big tech
At least here in germany the real leftists are fighting for small businesses, for children meeting other children in real life, against big tech and against being governed by fear
Never thought the left would be on the side of the middle class for once, but they are

>>27973418
ofc it is 70 years old tech
imagine what they got up their sleeve right now

with the exception of >>27973537, >>27973925 and >>27976237, each and every one of you is a literal fucking retard, especially the amerimutts ITT, who are so deluded by all the fat weighing on their blood circulation and cutting off oxygen supply to their brain, that they actually think muh military is going to solve their domestic shitshow that the FED has created

the reason why you're not seeing extreme inflation yet, is simply because the vast majority of Dollars that were printed last year went into the pockets of international companies & billionaires who are storing it for now, which effectively doesn't cause the value to devalue for us plebs because the newly printed dollars aren't circulating, why would the billionaires & large scale companies get congress to give them all these handouts if all their money would end up being worthless in a year anyway?

the financial elites now are more powerful than ever before and you retards think that they don't have machinations in place to not squander it? enjoy the shit sandwich you've created for yourselves mutts and I wanna see just how muh nooks and mewlitery get you out of this one

>>27982009
just look at the gme fiasco. The dust settles and the (((prosecuters))) go after the retail guy who got doxxed and not hedge funds.

>>27973545
The 1400 has been confirmed, for people making under 50k a year

>>27983809
Does that mean every person or every household? Not a mutt so don’t understand what’s happening in burger town

>>27983578
it wasn't that long ago that this was an extreme contrarian opinion on /biz/, but it seems asset permabulls were spot on. the only blip was the covid crash last year but the train is well and truly out of the station now.

>>27983578
You’re an idiot. The monetary system is collapsing and we are headed into a deflationary brick wall. This is the reason governments around the world are cracking down on dissidents... their is no more economic growth in the world and the peasants are going to be very angry when they réalisé the dream is dead and we are going back to feudal ages. China even admitted this a couple years ago. It’s like Japan in the 90s but on a global scale and much worse because Japan could he the only country that could survive deflation.

>>27974156
the price of goods dont rise by 10% year after year

so no inflation

>>27973145
SPBP

>>27973221
this dude lmao are you forgetting when the money printed started you deluded hick

>>27984790
>there is no more economic growth
>goes on to mention asia as an example

>>27983926
I'm impressed, sadly I also fell into the trap of being scared of a corona bear market, well at least I've got back up plans

>>27973035
Retard alert

USD is not hyperinflating yet because velocity of currency has dropped to almost zero. Its difficult for the population to realise its currency is worthless when shops are not allowed to open and a huge chunk of normal economic transactions are halted. When velocity returns, and it will - you are going to see hyperinflation of Zimbabwe proportions as the wisdom of the crowd then reevaluates the worth of that currency to be many times less than it currently is

>>27973603
>Inflation hasn't been below 5% since the 80s
If you compute CPI the same way we did in the 80s we’re already at 10%. Check this out http://www.shadowstats.com/alternate_data/inflation-charts

>>27972952
asking based questions

getting retard answers lol

usd is legit done

usd is in a hospital bed with stage 10 cancer