/biz/ - Business & Finance

First for cunny

>News/Links

https://www.congress.gov/bill/117th-congress/house-bill/1319/text
https://www.youtube.com/watch?v=Bi67Itp8Cs4
https://www.youtube.com/watch?v=IyDByPa9cyA

what does this mean for the crypto/stock market?

I'm ready to go all in April - or has everyone agreed COVID was a hoax and anyone entering any market in 2021 is just a bagholder?

PREVIOUSLY ON "AMERICA"

When is the senate going to vote?

>>30022738
America is a garbage filled shitshow resembling the shit reality tv it regurgitates on the rest of the world

>>30022738
>takes 7000 from tax payer and gives him 1600 back

Wow I love stimulus now

>>30023184
Shooting for end of week, but let's just say the bill should be signed mid-March

by God's Grace - then I'll be set for the year

>>30023402
more like

>take money from taxes
>waste it all on horse shit
>need to add stimulus
>print a bunch of money, further weakening our currency
>gives shaniqua a bunch of money

>>30022738
Anyone white who crys about muh inflation, please remember that this country actively works against you. Take your money back and invest it in supplies, ammo, or gold/silver/crypto. The county is dead, use what you can to survive and build something better in the aftermath.

was also OP of this thread

>>>/k/48471375

>>30022738
>being so poor that you qualify for stimulus
ishygddt

>>30022956
It means pick two actual currency coins and go all in.
You're hedging against hyperinflation in a market that artificially holds down gold.
I'm personally staying out of BTC. It's the only coin with universal name recognition, thus most vulnerable to the jealousy of central banks.

>>30023726
I made 100k in 2019

>>30023870
Literally doesn't matter.
If BTC goes down it takes everything along with it.

>>30023638
What a retard. Those idiots will be first in line with their mouths open to hand them over when the boys in blue come knocking for'em with their cocks out

>>30023297
This. People are tripping over each other trying to get out of this shithole before it becomes no longer possible to do so. No one is patriotic anymore. No one gives a damn about this piece of trash nation or its corrupt government.

>>30022738
To understand why we are going to get deflation you need to understand the banking system. The federal reserve prints money and it goes on their liabilities. Their liabilities becomes the asset of the banking system. Then the banking system creates loans for corporations and commoners to gain cash. Once the bank loans the money that is when the money gets in the money supply. Another way is for government spending to inject into the money supply or issue treasuries. Right now corporations and commoners are neck high in debt they cannot take on any more. The stimulus packages are going to corporations and people who are paying off their debt and purchasing required Commodities such as food and gas. Some of this money would be going to mortgage or rent payments but people currently do not have to pay them! One reason why the Federal Reserve has allowed zero reserves for banks is because they need them to loan all of their cash so that more money can flow in the economy and they are running out of people who are willing to take a loan. This is why there are Rumblings that the Biden Administration wants to spend on infrastructure and give $15,000 in a down payment for a home. They are trying to inject as much money as possible since people have too much debt and cannot take anymore. Any money that they do get is going right to pay off debt. When the money goes to pay off the debt it is technically destroyed.

>>30022738
Listen here, jack. Unless you are a Pell grant recipient who opened a business in the last three years in an underprivileged neighborhood that has operated at a loss in the last 6 month of these uncertain times, you ain't getting shit.
Quit posting malarkey.

>>30025555
>don't worry bro we'll make sure it turns deflationary
- every fucking money printing govt in history right before collapsing or going to war