/biz/ - Business & Finance

>>30031495
What if we experience massive deflation and a depression? You’re better off just holding units of wealth such as gold and crypto’s

how and where can I buy debt

Because they add interest

>>30031495
college grads can take unlimited grad plus loans and then do ibr for 20 years. move to alaska before payments begin and you're able to make 40k a year without paying a dime. move out of the country and you can make 107k before owing anything. i will be a grad student until fiat implodes.

>>30031585
do you have a credit card?

>>30031495
Anon you've been consuming too many jewtubers. The interest rate on leveraging debt is less marginal profit than just buying real debt with government bonds, which is around 6% per year, all of which is baby gains.

if you aren't making at least 11% per year on your non-crypto investment you are trash. Also your discount rate is extremely high considering whatever asset you take on with debt is subject to fail, be stolen, etc.

>>30031495
>Hyperinflation is here. Buy large purchases on debt and repay with inflated dollars
because hyperinflation and high inflation in the short term is a myth banks are shilling to get you to take out loans.

banks are about to have a liquidity crisis. just wait. keep watching DXY. if it crosses 92, youll know

$MCM Mochimo for the legneds

>>30031495
I'm just getting into loads of debt lmao, just got finance on a new car (Ford Focus), paid the insurance on credit card

>>30031495
What about when interest rates go way up?

>>30031495
Like a house??

>>30031715
Why a focus may I ask? Unless it's an RS or something

>>30031786
Best handling of any current hatchback

>>30031495
its not like wages are going to increase

>>30031560
it's possible but all the doomers on this board like to meme hyperinflation because they think the things they hold will go up

>>30032112
Huh. Gotta say I was really impressed by the Ford Transit.

>>30031690
If they have a liquidity issue, doesnt that mean we should take out as much as possible so we spend their money instead of ours?

>>30032204
Ford are underrated

>>30031690
high inflation lets PM suppliers get rid of the PM bags too
It also scares people OUT of arguably the most useful asset to be in - cash. get fudded out of the one safe haven.
Of course if the hyperinflation guys are right then cash guys get wiped out completely. i'll take the risk.

>>30032266
that depends on the amount taken out, if you have assets that can be seized if you lose in court (yes even for unsecured loans) or a high wage that can be garnished. if you have no assets and are a NEET why the hell not

>>30031560
Why exactly do you anticipate deflation when these juden are printing trillions of stimulus like its monopoly bucks? Genuine question because I don't see how that'd happen.

>>30032358
Look up theories on how QE is actually causing deflation rather than inflation, it sounds counterintuitive but it kind of makes sense and it explains the whole Japan deflationary situation

>>30031495
I am, it's called 60k in student loan debt. Put some of that into crypto and have made about 20k profit so far.

>>30032358
>Why exactly do you anticipate deflation when these juden are printing trillions of stimulus like its monopoly bucks?
>implying there won't be an economic holocoaster that would make all financial instruments void of value... gold included
I'd say that it would be better to become a /pol/ schizo and start prepping for the ayyy lmao cyberboogaloo and economic crisis extravaganza

>>30032266
so theres a lot of hedging going on with banks when they give out loans to account for delinquencies . Right now banks can just keep buying bonds and sell them to the Fed while getting those treasuries excluded from their SLR ratio allowing them to lend more. They are expecting you to pay back loans but instead whats going on is people dont want to take loans because they are uncertain if they can pay them back.

another name for debt is credit and credit is money. money is created when people take out loans. it is destroyed when we pay down loans

>>30031644
Teach me oldfag

>>30032286
my advice to people is to get into platinum over gold but gold is fine too. your port should have 10% in them. im not a believer in bitcoin but id advocate to hold some XMR too. Value investing like burry's and buffets style is better than growth investing imo

>>30031560
>What if we experience massive deflation and a depression?
Just don't pay your debt back nigga the banks are gonna go bankrupt in that case.

>>30031495
I will happily help you by taking 1k from any of you I need it if I want to keep living in this shithole

>>30031495
Better yet why dont you just buy bread since thats what everyone says will go up in price.

>>30031715
Based

>>30032358
look at that chart>>30032198 deleveraging and deflation
because economics and what actually happens in markets is counter-intuitive.
QE money printed is "stuck" as bank reserves. it doesn't make it out to the real economy. add the low velocity of money. all the QE and printing that's already done since 1997 has done is supported inflation at 2% annually; without it prices would have cratered.
50% inflation over 20 years is exactly how much food prices have inflated, that works to be about 2% over 20 years. that's "normal"
The real economy is not growing at all.

At the same time, it has distorted markets and created massive asset bubbles. So yes there's inflation in certain sectors and even some parts of the CPI.

>>30031608
fuck dude, are you me? I'm also a grad student (at UAF) whose doing this, i dont intend to pay back that shit as well... just waiting on the hyperinflation.

>>30031560
>What if we experience massive deflation
First they rig the M2 money stock formula
Then they discontinue it
You do the math…

>>30032463
Nice!

>>30032432
Interesting read. Appreciate it

>>30031644
>non-crypto investment
checked so just don't have any of those then it's not rocket science

Because there’s better performing asset classes than Bonds right now

>>30032605
Is xmr really that greag though?

>>30032719
Based

>>30032647
Bump

>>30031495
Actually we should start a campaign to get people to shade in one of Washington's eyes to look like a black eye. Would create huge buzz

>>30031560
That's what he's counting on...

>>30033067
Even with context it sounds pretty gay

>>30033109
>>30033109
Imagine thinking deflation was coming

>>30032895
i think bitcoin is the worst crypto you want for a decentralized currency if you can even call it that anymore. all these institutions buying it is actually making it worse

>>30033204
Agree, sold half my stack last week. Long term cap gains. Feels good. Still poorfag though

>>30033067
>he doesnt know about operation lioncash

>>30033204
yeah but, arent all cryptocurrencies just memes?

It's all about juggling the memes, seeing whats HYPED, what isnt...

>>30031644
He's talking about taking out mortgages and large loans to buy crypto before inflation goes >10% annual (which it already is). Have you ever wondered why the S&P goes up by the same % as inflation every year?

I have 29 years left on a mortgage so I’m ready.

>>30031690
DXY is misleading because it's compared to other currencies that are all inflating at the sameish rate for the same reasons

>>30033325
Btc is king... for now

>>30032660
My God an actual /biz post I agree with

Check Mochimo guys.

They are doing good work can you check and let me know.

>>30032660
Where do you store value then? Boomer stocks?

>>30033109
Woops read that as inflation

>>30033609
i was in bitcoin till January and sold my alts in february so I have to reallocate about 130k in USDC. I have no idea where to put it. maybe stick in a cefi thing.

53k CAD in mainly US growth mutual funds cause some broker handles it but need to reallocate them all into value etfs or funds soon.
~13k CAD cash. Thinking of buying a tiny bit of gold. 1oz or 2 at most
Also have 10oz silver. I am very risk adverse right now looking for some ideas on where to put everything.

>>30033909
actually i have 23k CAD in cash

>>30033940
Hello fellow boomer Canadian anon, I live in Toronto, don't own a house and have a useless degree. What do you suggest, should I move to the states or somewhere cheap? Also, is it a good time to buy real estate? I don't even know what to do NGMI.

>>30034572
>>30033940
>I have $60k in debt and no savings. Literally NGMI.

>>30033325
well...people use xmr on black markets to buy things so no.

>>30032358
Please someone correct me if i'm wrong, but as far as i know the money printing is only creating physical currency.
The banks have, and still do magically create debt out of thin air at a faster rate than the printers ever could.
If something ever makes sense while discussing global finance you're probably wrong.

>>30033420
strong dollar means lower global liquidity. i think the dollar milkshake theory makes sense and is playing out. combine it with MMT

>>30034572
>>30034604
idk I'm the last person suited to give advice.
I can't even afford real estate in Canada so I would like to move. I've lived overseas for two years before and it only cost 50k for a house where I was. Living expenses was $1000 CAD a month.
If I could cut a career in the US I would have gone there but naw I stayed here as a loser and burnout.

>>30031495
You should borrow because you expect moderate inflation. If you expect hyperinflation you should buy gold, guns, land, and a way to feed yourself because if there is hyperinflation having your debt denominated in funny money won’t help you when your employer can’t afford to write you funny money checks and goes tits up.

>>30034690
USD is somehow net short on fx markets.. so there's shorts to fuel a squeeze>>30032286
USD moons in every crash too. So now you have to determine the type of person who trades fx on margin - if they're smart money that means there's no crash. If they're dumb money however...

>>30033909
all in on physical silver.

Worst case? 50% drop. Most likely 100-200% gains by years end. Likely won't have a bear run if bullrun hype gets real due to boomers springing to action