/biz/ - Business & Finance

Who let white boi making choice on our money. We needa get kamala in there tell em what do. Be needing some mo skrilla ma nilla.

>>29479252
What's with all the koreans in the chat lmfao wtf

>>29479478
Lmao

>>29479602
Idk anon I had to double check three times before pasting the link
This is the official Yahoo Finance channel idk

>ww2

>>29479252
Tf is he saying

This is why the asians always dump first
They're literally more to date with the world news than any of us normies ever will be

Who tf is this guy he looks like an overage christian bale

is this guy the new commisar of finance for the USSA?

>>29479252
I clicked that shit and hear systemic racism. I don't have to listen to that shit.

This retard sounds like he's one cigarette from death

>>29479252
The stimulus isn't coming it's bears coming out of hibernation

>>29479252
NO STIMMIES
NO STIMMIES
NO STIMMIES

- Jerome Powell

>>29480776
oh that was toomey

FUCK TOOMEY

t. pennsylvanian

The most important hour.

>>29479478
fucking kek

>chat is all chinks

what does this mean?

MORE MONEY FOR NIGGERS AND SPICS

>>29479252
wtf is going on in the comment feed? whats with all these chink spam bots

It is over.

>>29481175
its koreans because its 12 AM over there and theyre probably fucked up on soju and fried chicken

more cmbs, more inflation, more brrrrrrr, fun times ahead.

POWELL WANTS EVERYONE TO GET THE VAX

>>29481399
kek

>>29480925
>he doesn't know about the seeds sowed in the previous administrations

THE POLICY IS TO CONTINUE TO SUPPORT THE ECONOMY
YOU KNOW WHAT THAT MEANS ANONS

this fucking guy talking about racism and sexism

>>29481162

You havent seen anything yet dude

>>29481637
Yup, it means I just bought back into both crypto and stocks.

>>29481684
full turner diaries it is then huh

>what can the fed do to save niggers from themselves?

this guest guy is pissing me off

>>29481793
only one thing

>>29481814
he's the chairman of the senate banking comittee Sherrod Brown. It's fucking over...

Jerome why do you hate niggers jerome??? Will you promise to give niggers $6 gorillion dollars??

>>29481651
Based
Continue to seethe fag

>>29481684
Whites will have to pay extra tax for Sheniqua and her 8 children, I need to get the fuck out of this country.

>>29481878
he acts like he runs the show and powell seems spineless this is so fucked

powell says they don't see inflation near 2% (they must be fucking blind) and we haven't reached full employment, thus they "will continue to support the economy."

that means the easy money will continue to flow, and trillions more will be printed this year.

fuck it, i'm all in. hyperinflation, here we come.

>>29479252
It's good that he knows the real issues of America, those being racism and sexism, and not people being unable to sustain themselves and trust in institutions being at an all time low

>>29479478
That's anti-semetic nigger.

>>29482003
>(they must be fucking blind)
They know perfectly well that inflation of assets is occuring. They just can't say it without causing a fucking crash.

BITCOIN

KEK HE SAID GAMESTOP AND BITCOIN ARE ELEVATED ASSET PRICES

>>29482211
>there's certainly a LINK
HOLY SHIT JEROME POWELL JUST SHILLED CHAINLINK OOOOOOOOOOOOOOOO

>>29481637
https://www.youtube.com/watch?v=WEMCYBPUR00&ab_channel=4chanCurator

Mentioned Gamestop, BitCoin, a d other assets as being linked to cheap liquidity.

Powell is looking at cheap liquidity and reopening = Golden bull run mixed with hyperinflation?

>>29482293
THE BOND BUYING PROGRAM WILL CONTINUE AT THE CURRENT PACE NIGGEEEERRRSSSSSSS

>>29481162
so fucking kek
>ah.. Jamal mi hombre, put the money in funny internet scam?
>das right homie, let's do it
white man swings and dumps, collecting Jose and Jamal's stimie's.

>more niggers
god i hate my country

>>29479252
Bob Menendez needs to go

9.2% NIGGER UNEMPLOYMENT RATE
8.6% HISPANIC UNEMPLOYMENT RATE
5.7% WHITE UNEMPLOYMENT RATE

>>29482457
they all do

"Public facing cervix, err, service."

>>29482380
market doesn't seem to be reacting much to the news. i guess traders expected the fed to tell us they will continue to pump money and buy the market, so it was already priced in. i sort of expected an upward impulse though...

>>29482435
TOP KEK THESE CHINKS ARE FUCKING BASED

maybe just stop being lazy

>MINORITIES first
fucking leaving this brazilian shithole. Whites pay for them and get punished

>>29482435
kek
https://brrr.money/

>>29481399
Making me miss Seoul anon

YOU AGREE THAT BLACKS HAVE A HIGHER UNEMPLOYMENT RIGHT?

>>29482450
>country
>Israeli international economic zone*

>>29482539
Im a cryptofag i dont know if stocks usually react like that, maybe there's lag for the news to spread? I dont know how much visibility these livestreams get

>>29482380

Wat does this mean?

>low wage workers, minority workers

ayyo just gibs us whitebois money n sheeeit

>>29482813
120+ billion securities per month added to fed balance sheet, basically brrrrrrrrrrrrrrrrrrrrrrrrrrrr

>>29482057
Well I'm jewish you so my rabbi will be contacting you.

>>29482435
GOOKS, I KNEEL

>>29482815
>dey builded dis cuntry!

>>29479478
BASED

>>29482857

So the bull run continues?

>>29481399
or more likely it’s ccp chink shill bots to drown out any discussion

>>29482935
nigger it's breaking out of it's pen and turning into an Elephant
Elephant run 2021, biggest dickus volume.

>>29482935
we are going straight to 500k

kek

>we don't play a role in housing
>also we will buy trillions of $ of cmbs
still no mention of velocity either

we hyperinflation

>>29482815
>poor kids are just as smart and talented as white kids!
Subconsciously they all know the truth

>>29482785
in forex it usually happens instantly.

Oh look,

everyone panicked this morning over a bunch of nothing and now stocks are moving back up.

hm, it's like someone is toying with you

>>29483773
>implying they can't keep dipping

why is there an ape on the screen

>>29483855

and that's when you buy.

either you're in the game or your not.

>>29482935
The bull run will last literally as long as the fed wants it to.

>>29479478
>my lil jpow doing some

>>29483922
When the making money game not the jerk off over an asset game

you know when they say "support the economy" they just mean "keep boomer assets from deflating" but nobody gives a shit

>>29482026
Boomers are gonna get gassed soon lmao.

How the fuck is Powell arguing inflation is soft when you look at the price of stocks, real estate, and other assets?

jpow having his greenspan moment right now lmao

>>29484154
thats what he was asked and he just said its ok, less than 2%, we keep buying

>>29482518
>>29482457
No. Every red county in the nation needs to go. As soon as you understand menendez is literally a pedophile and was re-elected regardless purely because he's a democrat in Jew Jersey, you realize that living with these "people" is impossible. They are corrupt human beings uninterested in good governance, if you point out the corruption of a politician on their team they'll literally make shit up about your guy. Just separate so we can finally divide the Republicans into the Small Government Party and the Religious Retard Party in the New American Republic.

>>29484154

because these are intangibles.

>DING
>PING
>BRING
MUTE YOUR SPEAKERS AND PHONES YOU DUMB FUCKING BOOMER NIGGERS HOLY FUCK I HOPE THEY ALL DIE

>>29484193
Meaning hes deflating the severity of the situation? I'm not too well informed on greenspan

>>29484154
because they have a highly manipulated monthly averaged CPI that they use to calculate inflation--its a bullshit metric that is completely detached from reality. but they use it to justify monetizing the US debt, as there is no alternative.

>>29484154
none of those things are counted in the official inflation number for some godforsaken reason
i don't know how not a single serious economist has corrected this during the whole time we've been measuring it

>>29480869
>he's retiring so he's determined to fuck people over

Politicians are great huh?

lol this retard boomer and his pings

>>29483232
elephant 2021 ready

>>29484154
Because if he admits that it has become a problem, the only tool to keep the economy afloat is taken away from the Fed. His only choice is literally just to pretend it doesn't exist.

And that is very good for crypto in the short term. But very bad for the world economy in the long term.

>>29484351
his glasses are so foggy holy shit can he even see his screen

>>29484444
quads of death
checked
its over. ggwp

>>29484444
checked

>>29483694
can't, if it happens to the USD the whole world goes for the ride, they would not let this happen before a solution, cough defi, is found and implemented.

>>29484511
>BRING
>PING
>BANG
>RING
>DING

>>29479252
>Inflation moderately above 2% for some time
>No intention of repeating the 70s
Lol, are they strait up admitting that this is a risk! Holy shit!

>>29484444
recession is only the beginning

This is all just super. I've been tricking myself into thinking I'm "house hunting" for the past few months when in reality I'm just watching myself get priced-out and chinked-out of the market permanently in real-time, it's great.
There's literally know way the clown world money printers and housing market inflation won't work out, nope :^) Inflation is fine


YOU WILL OWN NOTHING

AND YOU WILL BE HAPPY

>>29482003
Inflation isn't real goy, housing and all the other shit that makes up most of your expenses doesnt count, the price of milk is still low!

>>29484665
You will never own a home in the US.

God fucking damn it JPowell just confirmed in the most solid possible terms that the brrrrrrr is going to continue but the markets are still shitting themselves lower

If continued money printing was priced in then what was this massive fucking dump for then?

assets are already overvalued, why are we expecting inflation

is the implication more QE?

>>29479252
PUMP MY MOTHAFUKKIN BAGS WYTEBOI

>>29484621
>>29484642
>recession is only the beginning
they are about to print $1.9T in stimmies and are floating a $3T infrastructure project on top of the $6.5T they printed last year.

news will say coronavirus is over by summer. everyone will be hiring and reopening. it will be jubilant, and the stock market will seem unstoppable. but then it will all come crashing down.

crack-up boom inbound

breaking news
single day offer
don't miss highly valuable analysis from world most valuable geo-economy experts on imageboard
come to /biz for daily digest
buy this JLO asshole as advertisment space

>>29479478
>>29484840
Ooooo massa gonna sen us to the moon

>>29479252
listen to jpowel jesus

>>29479478
>muh jooz are crashing our bags
>once again doesn't blame himself at not selling the obvious bubble top despite all signs pointing to that

>>29484154
Look at the price of groceries since this time last year, I feel like it's all 20-30% more now.

>>29485092
It's about 30% more
-Wagie

>In the bottom quartile the unemployment rate is likely in excess of 20%
That is insane. The poorest and most desperate in society are at nearly 1/4 unemployment?

>>29484154
Because by saying inflation is low they can confiscate your wealth via inflationary tax.

>warren
look at that face, who would vote for that

god damn i fucking hate elizabeth warren

20% UNEMPLOYMENT 20% UNEMPLOYMENT 20% UNEMPLOYMENT 20% UNEMPLOYMENT 20% UNEMPLOYMENT 20% UNEMPLOYMENT

Lmao Pocahontas

>>29485200
based

>>29484572
https://research.stlouisfed.org/publications/review/2021/02/05/decentralized-finance-on-blockchain-and-smart-contract-based-financial-markets

I agree but the multiple appeals to incredulity with respect to possibility of high inflation, the unwillingness to consider the current asset inflation as a component, and the general inability for government to actually fucking do anything in a timely fashion leads me to believe that defi will be the solution to the problem rather than the proactive approach.

>>29485253
more like 25%
http://www.shadowstats.com/alternate_data/unemployment-charts

>>29484823
Basically. It's pretty fucked that my combined household income is ~$240K, no kids, no debt, and we have a fucking VA loan -- and we're STILL fucking priced-out and chinked-out (that's more the issue) of this market.
You just know they'll never actually end the moratorium either, and it'll be an endless parade of extensions perhaps culminating in a housing-gibs law. Add to that the looming hyperinflation plus the fact we'll never "reopen", and no white person will ever own a home again. In my dense globalhomo area, chinks and indians are buying literally 90%+ of all new properties in the past year, based on the county property data I look up

N

>>29485147
the actual poor people have always been this fucked
but people only care about this kind of shit when it happens to the middle class

>>29484835
The fags already put in all the money into the already bloated markets, then they put in everything they could borrow, since they were expecting unlimited printing and gibbs. Basically the investors are one step ahead of the institutions, because they spend at the point they expectation, not at the time the action is taken by the institutions. The unlimited brrr is kind of already priced in and there is no more dollarydoos to be put into these inflated markets. That's it. There is no longer anything you can throw into the furnace to keep the fire going.
That's my take at least.

>>29484154
Inflation is moderate to high in most consumer staples but it gets discounted by people introducing substitutions (buying beans instead of meat, etc.) and by counting improvements in consumer goods reliant on semiconductors (phones, computers, etc.) as deflationary pressure. So it nets as low inflation.

I suspect they won't be able to cook the books like this anymore now though because now we have a semiconductor supply shock like we had an oil supply shock in the 70s (which had similar deflationary pressure on the economy back then as well).

What is this bitch talking about? "Why are you so wealthy and I'm a nigger loving hoe?"

>>29485147
>>29485143

>>29485181
fucking this

>>29485349
>240k yearly income
>"priced out"

maybe try buying a house anywhere that isn't manhattan or san francisco

>>29485181
Yep we're all getting bumped into higher tax brackets and no one notices it's absolute bullshit.

>>29485411
>>29484835
Deleveraging I would guess. Margin debt is at an all time high

>>29485009
You've been posting the same image with the same filename since last summer you fucking niggerfaggot.

what the fuck is this stupid bitch talking about based JPOW cant do anything about this

This bitch wants a wealth tax... fuck if that ever gets passed US is fucked.

RELEVANT FOR ALL ANONS


https://www.youtube.com/watch?v=stN03wk_Wzs

SERIOUSLY LOOK AT THAT VIDEO IT'S WORTH WATCHING

>wealth tax
GET RID OF CORRUPTION AND HOLD POLITICIANS ACCOUNTABLE, ASK HOW HIGH TAXES WORK IN SOUTH AMERICA

“Well Pocahontas, if you idiots didn’t cut 15k jobs shutting down the pipeline and increase taxes on gas, there would be higher levels of employment and less people worried about putting food on the table” -what Jerome should’ve said

I like how they can never explain what rich people did wrong

>>29485420
>>29485520
Aye

ANOTHER BING BING BOOMER

>>29485520
they are senators. liberal senators use every hearing/public discussion as an opportunity to virtue signal. they rarely stay on the topic at hand or add anything substantive to the issue being discussed.

Inflation is low because money goes to wealthy who don't spend it. It just goes into stocks and real estate which the fed doesn't track as consumer consumption.

ITT:
poorfags defending rich people from the scary 2% wealth tax for fortunes over a billion dollars

>>29485468
would that I could. Unfortunately I'm stuck up here for the time being with picrel (and that's low-end). We'll probably just keep rentcucking, cause basically if you didn't buy last year you missed the window.

>>29485541
it would be impossible to calculate and enforce properly but it really wouldn't be that big of a deal

even if you had 30 million it'd take 50 years to halve your net worth

>>29485580
>cutting 1k temporary jobs is what ruined the economy
cuck mindset

>>29485411
I was thinking the same thing. I for one have no cash, I'm 100% in investments.

>>29485499
1971 minimum wage inflation adjusted is around 22 usd now so paying income tax.

Here in Argentina now the poverty line is paying income tax(not even shitting about it)

Keynsians must hang

ALSO SEE THIS ANONS FOR REAL, BEST ANDREAS VIDEO EVER.

https://www.youtube.com/watch?v=stN03wk_Wzs

>>29485580
>it's a climate change denier episode

>>29485641
powell can levy a wealth tax on the rich? damn i didn't know that

>>29485633
the minute stocks crash and people start running for the exits--and they realize there is nowhere to go buy commodities/real assets, the hyperinflation begins. all it takes is one black swan.

>>29485669
stop being a spook and move to somewhere with low CoL

Domp eet

>>29485143

Transitory.

Weather, crops, etc

>that would be expressing an opinion...which i'm not trying to do
this retarded senator lmao

what the fuck is this senile fuck on about

>>29485768
>nowhere to go buy commodities/real assets
nowhere to go BUT commodities/real assets***

SHOULD WE GO CATWOMAN ON THE BUDGET

this is absolutely embarrassing

>>29485541
LMAO yeah it totally isn't already completely fucked.

>>29485641
Why are they discussing taxes with a man that literally has no ability to levy taxes?

GO CATWOMAN ON WHAT

>>29485691
Another mindset to try... you will never be a real woman

>>29485865
YES OR NO?

CATWOMAN
>CATWOMAN
CATWOMAN
>CATWOMAN
CATWOMAN
>CATWOMAN
CATWOMAN
>CATWOMAN
CATWOMAN
>CATWOMAN

man what the fuck, reminder that these people are running the US

>>29485865
JPOW WHATS YOUR OPINION ON CATWOMANS TITS

He just said we will need to right size the budget so our debt isn't growing faster then our income. LOL dude just admitted that the congress are spending too much.

>>29485762
>they care a lot about the environment, that's why they allow US companies to make everything in China where there is mass pollution and 90% less regulation

>Would you be cool with dat?
>Would you be uncool with dat?
The absolute state of the US Senate

>>29485911
go back to /pol/ if you wanna rave about how much you love licking boot

>>29485641
Protip: The income tax once only applied to millionaires as well

>>29485942
You should see literally any Big Tech senate hearing, it's hilarious.

>EXPLOSIVE GROWTH OF M2 MONEY SUPPLY IS IRRELEVANT TO INFLATION
>EXPLOSIVE GROWTH OF M2 MONEY SUPPLY IS IRRELEVANT TO INFLATION
>EXPLOSIVE GROWTH OF M2 MONEY SUPPLY IS IRRELEVANT TO INFLATION
>EXPLOSIVE GROWTH OF M2 MONEY SUPPLY IS IRRELEVANT TO INFLATION

lmao, what the actual fuck

>>29485693
And imagine that most investors are the same. Then understand, that while the economy is stagnating, there is no more wealth produced. Also, during that time, more currency was printed. The credit had already been put into these inflated markets. They just cannot grow because of these conditions.
I mean, what options do you think you have? Taking money out of the positions, which at best have no upward perspective, at worst will crash, I guess.

How the FUCK were these people elected into office?

>>29485993
this point would hit harder if the china trade war was actually about human rights or climate and not just nationalistic chest thumping as seen by the same measures being imposed on other totally unrelated allies and trading partners
and yes biden is also a retarded protectionist and it sucks

>>29486124
>we discontinued that indicator therefore it doesn't matter anymore
PURE SOPHISTRY

>>29486124
Aaaaand subject change. We're fucked lol

>>29486124
welcome to clown town

>>29486124
Just turn your brain off bro and it'll all be alright

>>29485387
But im in middle class and unemployed...

>>29485669
>Price per sq ft
>$444
Kek move faggot

>>29485762
>Noo we can't produce and use our own oil and sell it efficiently we have to ship it in from jihadist dictatorships half way around the world and have a massive trade defecit again instead

>>29479252
>"An increase in the M2 money supply doesn't increase inflation"

Is this true?

If it's not then can we expect inflation and BTC mooning?

>>29486124
admitting the existence of the money supply would be letting the dirty austrians win

>>29485784
Yeah, I want to go back to the 50% nig area we used to live in... combined salary there was like ~$200K there and rent was cheap even for a nice house. Up here in cuckland, despite a higher combined ~$240K we're basically low-middle class at best now because cost of living is basically triple.

TAKE THE VAX GOY, DON'T YOU WANT TO GO OUTSIDE AGAIN?

>>29486253
It's alright man, just be yourself.

>>29486253
You've been left behind if you haven't figured that out.

>>29486023
Ok yea I’m the one licking boots by arguing against increased taxes and regulations... meanwhile you’re licking pocahonatas’s moccasins

>>29485349
YOU WILL OWN NOTHING AND LIKE IT

>>29485887
Elected officials don't know how government works or what the Federal Reserve is or does.

>>29486124
So printing $1MM per person and just dropping it from a helicopter would have no impact on inflation? Big brain comments from the fed here.

fuck shill fagerty
t. tennessean

>>29486124
>>29486290
it's true according to the data available, at least as far as standard measures of inflation

>>29481162
Lmao White people get more financial aid in America

>>29485092
Noticed this. I took a pic of stuff in the grocery store to track prices but accidentally deleted the photos along with a lot of other stuff I didn't want to delete. Unsure how it even happened. Mustve clicked the wrong folder and deleted all the records and personal stuff I had. Prices do seems to have changed though. Probably very easy to notice as i rarely go out

>>29486124
DON'T FUCKING THINK ABOUT IT.
EGGS AND BREAD ARE CHEAP ERGO INFLATION IS LOW. FUNDAMENTAL ECONOMICS ARE FAKE.

>>29486124
>EXPLOSIVE GROWTH OF M2 MONEY SUPPLY IS IRRELEVANT TO INFLATION

who said this

>>29486290
>>29486124
yes anons its happening

>>29485349
>combined household income
She's busy fucking and sucking her way to the top at the office, cuck.

>>29486499
I did :)

>>29486023
betacuck detected. you lick the boots of Capital. Capital that literally sees you as a terrorist.

BLOCKCHAIN TECHNOLOGY

>>29486458
I personally noticed a lb of angus patty beef in Tennessee went from $2.99 to $4.99 these past 2 or so years.

>>29486499
paraphrasing jpow

>>29486124
>explosive growth

"Tether's claims that its virtual currency was fully backed by US dollars at all times was a lie." -NYAG

It's over for crypto

are they throttling him on purpose rn

boomers and technology name a more...

>>29479252
>https://www.youtube.com/watch?v=XA0TOjaOEXs


DIGITAL DOLLAR

>>29486124
>bro, bro, it's low velocity money bro

>>29486157
...the fuck are you talking about?
we want our middle class back, not climate conspiracy. and it would be better for the environment to make products here rather in China anyway, we are heavily regulated.

>digital dollar
It is unironically over for the USD.

>DIGITAL QUASI-MONEY TYPE OF INSTRUMENTS
>DIGITAL QUASI-MONEY TYPE OF INSTRUMENTS
>DIGITAL QUASI-MONEY TYPE OF INSTRUMENTS
>DIGITAL QUASI-MONEY TYPE OF INSTRUMENTS
>DIGITAL QUASI-MONEY TYPE OF INSTRUMENTS

>at the helm of the jewnited states of nigmerica stands technologically inept retard boomers

>>29485669
>Northern Virginia
That house is $300,000 in PG County.

I love seeing white people cuck themselves out of wealth because they're afraid of living within a 20 minute drive of *checks* Ft. Meade, NASA Goddard, WFT stadium, Annapolis, UMD, and the USDA.

so all 6900 of us autists just watched the announcement of US CBDC... nice!

I wonder how quickly crypto will react to this reply

>>29484369
that temple os hoodie is so good

>>29486615
>bankers fuck up your ability to access your funds
>haha you lied about being fully backed at all times

based retard

>>29486154
blatant fraud. look at biden.

>>29486700
longing XRP, ALGO, XLM, XDC, IOTA, and HBAR.

>>29486438
They give it to billionaires, not the masses.

>>29486629
>We don't need to be the first
This guy is going to fuck us.

>>29486157
>protectionist
>doesn't want to re-establish trade tariffs
um right
>>29486450
not per capita. without babysitting browns we could all go to college for free and have free healthcare.
the more you know! (:

MIT WORK WITH FED - BUY ISO20022

FIX YOUR FUCKING AUDIO

>>29479478

>>29486608
>this is irrelevant to inflation

>>29485508
Happy?

>>29486798
>BUY ISO20022
posting meme chart

>>29486499
That's essentially what Powell said. He said the M2 money supply was no longer an indicator worth looking at.

Obviously he said that because the indicator is a giant red blinking light that says "we are fucked".

>>29486761

USA USA USA USA

FEDNOW HERE WE GOOOO

>>29486733
kek someone else who read the report
it all starts with wells fargo kicking them out (no explanation given of course) and getting scammed by a guy named Oz, bitfinex and usdt are still shit tho

>>29486450
Cope more nigger

>>29486441
Could it be that the effects won't show up until later? That it's lagging behind somehow?

Is there any theory that explains why printing money doesn't cause inflation this time around? Or is the rationale just that the empirically it doesn't seem like it increases inflation any more and therefore that's likely to continue into the future?

>>29486692
C'MON, MAN!
You know it's fucking $300,000 cause it's literally in an ocean of niggers. You couldn't pay me enough to live in Maryland where it's nogunz AND dark as shit.

>>29486855
The problem is that gdp is going to shit relative to monetary base since 2008 boomers and keynsians with their insane theories don't see anything wrong.

>>29486885
BORDERLESS ECONOMIC ZONE. BORDERLESS ECONOMIC ZONE. BORDERLESS ECONOMIC ZONE.

>>29479478
lmaoooo

>>29486556
Wtf?

>lost almost 10% of my portfolio since Monday on the tech stocks correction
>lost all my yearly gains
>worrying
>this boomer confirms infinite printing in the near future
I will hold.

>>29486952
its too bad americans cant get a handle on unproductive members of society like china does

>>29486964
anon inflation always lags
you need to follow michael burry on twitter and read up on his tweets and book recommendations so you get redpilled on it

boomers have had a strangehold on the government since they took over during the Reagan revolution and are just now beginning to let go not on purpose, but because the grim reaper insists upon it

>>29487065
So basically you are wanting us to put the niggers and spics into concentration camps?

>>29486964
>Is there any theory that explains why printing money doesn't cause inflation this time around?
because the rich own all productive assets, stimulus eventually ends up in their hands. the rich then take that money and dump it into stocks/financial instruments. basically, the stock market is a giant sponge for all the excess money. there will be no inflation of commodities so long as people dont cash out their stocks en masse and start buying up consumer goods--which turns into a hyperinflationary environment

>>29487062
>10%
Are you even using stop losses?

>>29486964
It’s all being directly injected into the stock market through blackrock.. also the inflation can be offset by increasing supply from price increases but yes it does take time for this to catchup... you can see inflation more accurately in real estate and though this was due to a decrease in supply, lumber has gone up 90% in a year

>>29487056
dafaq

>>29487062
Yeah, Tesla recovered 11% when Powell opened his stupid boomer mouth and said that the free money will keep flowing.

>>29486124
M2 money supply is irrelevant if people are not using in the real economy market. It's not gonna be refleted in the inflation if people are using it in the stock market or the crypto market.
Add the fact that people are buying less product because of the fucking pandemic and the workforce market and you get a low inflation rate.
Not hard at all to understand.

>>29487056
Yea the AI has been speaking to us. Funny how they always have to put in code to not be anti-semetic.

>>29487106
https://wtfhappenedin1971.com

>highway workers
>minimum wage
>averages out to a number we like
50% unemployment confirmed

>>29486964
They measure inflation on stupid day-to-day products, not on real-estate or stocks.
Inflation only happens when more people are willing to pay for those day-to-day products. Instead, people pay more for real-estate and stocks, and hence, inflation as they define it doesn't occur.
It's sophistry with statistics.

>>29487081
Thinking Michael Burry has any knowledge about the economic science. He's a financial analyst, not an economist.

>>29486124

A bridge?

>>29487213
M2 is savings or money market funds.
Literally "unused cash balances"

>>29487173
Of course not, that's for faggots. I buy the dips.

>>29487212
Fucking lol

>>29487287
This is what I was trying to say desu nailed it

NOBODY ELSE JOINED KEK

This is the US Senate

>>29487287
they also make (((adjustments))) for everything they include in CPI. so, for example, a new car includes a 11 speed transmission and a bluetooth touch screen display and they adjust the price downward because it's a "better" or "higher quality" product. meanwhile, in reality, it doesn't matter because even base model cars are inflated to shit with these features -- you don't have any other option but to buy with these features, regardless of whether or not you want an 11 speed transmission and an infotainment system. it's peak talmudic statistics.

>>29486692
>>29486970
Didn't capture the true scale, sorry.
>prince george county
>living anywhere in MD

>>29487239
Really gets the noggin joggin. I wonder what other messages are buried in there?

>>29487213
What do you think happens to M2 money? Bank owner just shoves it up his ass and lets it rot there? FUCKING RETARD

>>29487368
Exactly, most of the time, we see a relation between m1 and m2 but in this case, we dont. The increase in m2 has not been seen in the m1 category since people dont use that cash.

>>29487167
>>29487196
>>29487287

So the increase in M2 will flow into housing and stocks? Therefore, index funds are gonna moon?

Why are people talking about a stock market crash?

Also, will M2 money find it's way into Bitcoin?

lastly, why are people saying that the 10-Year Treasury Note interest is behind the current stock market correction? How does the 10-Year Treasury Notes fit into this?

>>29487300
https://twitter.com/michaeljburry/status/1363226460979228673
the man is very very well cultured

>>29487239
>>29487512
lmao nice derail

>>29484154

>>29487611
They save it or they use it on the stock market hence the fucking stock market bubble, dumb fuck. That cash is not in the real economy right now, it explain the low inflation rate.

>>29487479
What the fuck? Are you serious? Do you a source I can read up on that? Absolutely ridiculous.

https://www.frbservices.org/financial-services/fednow/index.html

This is the base of FedNow. The railways for crypto have been in front of us.
>>29487512
I look with random phrases that wouldnt be in latin once and awhile to check. Not sure why that anomaly is happening but its fun. Tay will rise again.

thank you mr. chair

Right now people is not using as much money, as I guess people rather save in case things get worse. Eventually we'll reach the calm before the storm, "new normal" will being, curfews and lockdowns will be lift completely and people will relax and spend like before again, thus increasing the velocity of money. That's when we'll see hyperinflation+ go into play.

>>29487686
I like these questions.

CLIMATE CHANGE? NIGGER LOOK AT CHINA AND INDONESIA

>>29484154
uu

>>29479478
based

>>29486124

>>29487479
The cost of producing automobiles has grown so high that even shitty base model hatchbacks that cost $14k new are being phased out entirely by automakers as the profit margins are no longer high enough. Soon the cheapest new car you can buy will be a $25k hybrid lifted and bloated crossover with a billion driver assist add-ons to keep the price high.
Yet they tell us inflation isn’t a problem. Lmao

>>29486870
we truly are doomed

>>29487686
>Why are people talking about a stock market crash?
stocks will not crash unless the fed signals a rate increase, which powell just said wont happen (we will continue to support the economy = easy money will continue).

>Also, will M2 money find it's way into Bitcoin?
yes

>>29486970
lmao this is what I mean. You're gonna throw away $400,000 of future investing power because of stupid stereotypical shit. I don't live in PG anymore because it's too expensive (!), but I could bike to it if I wanted to. Do you know what's across the street from me? A hockey rink. I had friends in NOVA and MoCo get rejected from their top schools despite going to top-tier high schools, basically every person at MY high school who wanted to go to an Ivy got in.

You motherfuckers don't know what you don't know rofl

On another note, I have a family member who works with Asians who used to commute 2 hours from Northern VA every morning to work on Ft Meade, when COVID hit almost all of them went permanent remote. If they ever call people back there will be a revolt. But, here's the interesting part: the ones who HAD to come back moved to PG (not AA, because it's more expensive for basically zero reduction in commute time) because they finally realized how fucking retarded the whole set-up is.

>>29487714
Not a derail kike
>>29487738
Getting ready for FedNow as it unfolds.

>>29487686
Didn't you see what happened last year? Stock mooned ridiculously. I made over 60% profits just buying and holding bluechips and a few small bets.

The (((people))) talking about a stock market crash are the bankers that made mobey last year trading, they just want it to crash to buy more and repeat the gains.

Boomers are losing they mind

>>29487474

>>29487611
Brainlet, it says what M2 is directly on the series
>M2 includes a broader set of financial assets held principally by households. M2 consists of M1 plus: (1) savings deposits (which include money market deposit accounts, or MMDAs); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market mutual funds (MMMFs).

This is not the banks' money. Bank "cash" money is held as reserve balances (where it earns 0.1% interest, paid by taxpayercucks, of course).

DIDNT EXPECT THIS WOULD TAKE THIS LONG
NEW THREAD
>>29487898
>>29487898
>>29487898
>>29487898
>>29487898

>>29487842
Meh. When the economy does well, people buy SUVs. SUVs become profitable. When the economy does poorly, Bubba sells his truck and buys a sedan. Sedans become profitable.

>>29486964
The big thing to understand is that although the money supply is skyrocketing the velocity of money is very low. You need both to have high inflation (and you need supply shocks to have hyoerinflation). Velocity of money is how quickly its changing hands. The money is going into crypto and stocks amd sitting there far more than it's going towards purchases of consumer goods.

>>29487686
The 10y bill should, in principle, be a viable alternative to holding an index fund for 10 years, so the rate should reflect that.
Obviously it never fucking happened, disregard that type of commentary. Bondcucks are cucks.

>>29487951
No link to the video dumbass

>>29487732
yes i am serious, not memeing or being a schizo. this is why new cars are SO FUCKING EXPENSIVE yet the CPI claims prices are barely going up. you find the same thing in many other categories. google "big mac cpi." if you do a year on year analysis of your own personal expenditures you will find that your actual, real life inflation outpaces CPI (((estimates))) considerably.

https://www.bls.gov/cpi/quality-adjustment/questions-and-answers.htm
https://www.bls.gov/cpi/quality-adjustment/
https://www.bls.gov/cpi/factsheets/new-vehicles.htm

>>29487492

>>29487951
We're still on page 1 calm down faggot.

>>29479252
very strange how they are all asking him what they should do about women and niggers? What the fuck is he supposed to say. He's an economist, not a life coach.

>>29487749
Lel

>>29479478
lol

Yahoo used to be a big competitor to Google. A lot of people used it as a search engine and email service. Interesting how their financial reporting is really the only thing they're known for these days.

>>29486870
We have seen these kinds of people for months

>>29487951
>>29488058
fuck it anon this is a one-time thing anyways

The Fed doesn't care about Child Care, wtf is up with this virtue signalling?

>>29487492
>>29486970
>>29485669
>The absolute state of living in Northern Virginia

>>29488072
its gotta be some sort of psyop. its literally the only thing the female guests are capable of talking about. do they not have any self awareness?

>>29488065
Did you fucking used the big mac index for a real inflation index? You know you fell for a fucking economic meme, right?
Christ, people are fucking retarded.

>>29488065
nothing to see here, goyim. for another laugh compare your grocery bill 1 year ago to today, and then look at the CPI estimates for food inflation. https://www.bls.gov/regions/mid-atlantic/data/averageretailfoodandenergyprices_usandmidwest_table.htm

they do all sorts of magic, like considering food substitutions (less people eating meat and substitution high fructose grain garbage) and using that as a basis for driving down "raw" inflation data to something more palatable for dissemination to the jewish media.

>>29487479
(((hedonic adjustments))) topkek. They completely destroy the point of measuring inflation.

>>29488110
They found a niche they're good at, in order to survive. They're free as well, and it's easy to use their api to backtest stock strategies.

>>29488251
>i-it's not real!
the average person eats fast food a lot. you are playing jewish tricks, discounting certain measures of inflation because you don't like them. meanwhile they have real world impacts.

>>29487951
>NEW THREAD
>>>29487898
>>>29487898
>>>29487898
>>>29487898
>>>29487898

>>29488251
For me, it’s the breakfast mcchicken.
>$1 in 2016
>$1.26 in 2021
Yearly inflation of 5%

>>29487969
I think that was true in the past when suvs were actually suvs and drank fuel like one, but thanks to crossovers and hybrid/electric tech big vehicles are here to stay as the fuel penalties aren’t as extreme as they used to be.
Ford sold over 200k Ford Fusions the year they decided to cancel it. They cited they weren’t making enough money on these units to justify keeping it around. They’d rather sell people 100k Ford Rangers that they make 8% margin on than 200k Fusions that only return 2-3%. This is another way inflation is creeping into our lives.

>>29488358
Oh yeah, the price of the big mac is really representative of the whole economy, sureeeeee.
They said themselves that they want to increase their price to appear to be of a better quality.

>>29488218
They ask about women and niggers and he says like a long speech. Guy asks about if the stimulus will actually help the economy and he says he can't speak on that

>>29486952
You can cry about it all you want, but there just aren't enough Black people in your country to justify your cope. At the end of the day, they only use up 18% of the total budget.
Also, I'm from Germany. From my perspective, (You) are the nigger, Mutt.

>>29488969
>I'm from a 95% White country
ok

>>29488969
>I am not White so you should put up with africans and multiracialism so that I may continue to live among and leech off of White people.

>>29489334
Americans are fake Whites. kek
Keep LARPing though.