/biz/ - Business & Finance

>>30289078
>How to beat inflation or where to invest
ironically every market isn't expecting this
>BTC gonna drop fast when cost of goods increase drasticly.
that definitely shouldn't be how it works

>>30289078
Bullish as fuck for link

>>30289172
thanks for no information fgt BTC is very much dependent of people buying power, noone gonna buy this meme coin in 2021. GOVERMENTS ARE BANNING CO2 EMMISSION. BTC is literally melting north pole right now crazy fast. its gonna get ban hammered world wide soon.
>>30289223
link is following BTC, its gonna drop too

>>30289078
Commodities, companies that deal with commodities, like energy companies and consumer staples companies

>>30289520
>GOVERMENTS ARE BANNING CO2 EMMISSION.
> BTC is literally melting north pole right now
>its gonna get ban hammered
kek

>>30289078
>$1.59
lol where? coffee is at least $3 down the street at some hipster place

>>30289520
Btc might take a hit short term just like in April 2020, but the bull run will continue. Although it will be a slower bull run and nothing like December 2017.

>>30289784
7-Eleven you mongoloid

>>30289784
chik fil a has coffee for that price.

>>30289520
the airline offered me a 'complete CO2 guilt indulgences plan' on my latest flight. it was $5, 1% of the ticket price.
>BANNING EMMISIONS
something's fuckky.

>>30289078
>$1.59
Yeah that'll get me a small timmies here. XL with a shot of espresso is fuckin $2.89

also - look at all these dorks in 6figure cars. most are embarrassed to admit they don't really do anything
the rest just say 'tech', 'healthcare', or 'equities'
https://youtu.be/yHnelx_v-sQ?t=69
something's extra fuckky

>>30289520
>BTC is literally melting north pole right now crazy fast
im going to go find another thread that wasnt created by a moron

>>30290020
Yea, its a matter of time till they find out that BTC mining is total waste,

>>30289078
>INFLATION INCREASING FAST
Your graphic is stupid. It shows the price increase levelling off in the last 19 years
>1970-1980 = +80%
>1980-1990 = +66%
>1990-2000 = +33%
>2000-2010 = +25%
>2010-2019 = +27%

>>30290216
>If it were a country, its annualized estimated carbon footprint would be comparable to New Zealand at about 37 million tons of carbon dioxide. One Bitcoin transaction would generate the CO2 equivalent to 706,765 swipes of a Visa credit card

seems like im not the moron here lol

>>30289078
ftfy

>>30290208
The only reason none of this shit works? White privilege.

>>30289172
>ironically every market isn't expecting this
You're either trolling or living under a rock. Powell had had to assuage fears of inflation five times the last two weeks.
>that definitely shouldn't be how it works
That's how it works, because every form of liquidity be it fiat, gold or crypto losses value during an inflationary moment.

>>30290490
brb, gotta invest in those beans

We should all invest in medicine. lets find a way to profit of off corona

>>30289078
Coffee is a bad benchmark due to the Starbux effect.

>>30289078
Inflation will destroy the dollar. PMfags will win in the end.

lil boy, stop shilling this shit here
I’m not retard who believes in this trash
I use julswap for juld staking and my wallet makes income

>>30291410
Until inflation hits hard and BTC crashes to 5k lmao

>>30289078
whats wrong with the retards on biz they are constantly shilling bullshit that gets outpreformed by btc time and time again. for all the making fun of peter schiff u guys do u sure act like him

bullish for chainlink

>>30289078
Chainlink is fundamentally going to the moon

>>30290654
>That's how it works, because every form of liquidity be it fiat, gold or crypto losses value during an inflationary moment.

Troll confirmed.

>>30291466
BTC will skyrocket in the case of inflation.

>>If it were a country, its annualized estimated carbon footprint would be comparable to New Zealand at about 37 million tons of carbon dioxide. One Bitcoin transaction would generate the CO2 equivalent to 706,765 swipes of a Visa credit card

Explain how bitcoin even makes sense? It wastes precious energy and is totally useless in the grand of schemes. If the whole world uses btc for every trade, we would be cooked in 10 years or just run out of electricity

>>30289172
BTC drops with the stock market because it is a speculative and risky asset, it’s the first thing whales will liquidate in uncertainty. Look at every time the stock market has crashed since 08’, BTC always takes a hard dip

>>30290363
>> 1970-1980 = +80%
>> 1980-1990 = +66%
>> 1990-2000 = +33%
>> 2000-2010 = +25%
>> 2010-2019 = +27%
> housing not included
> stocks not included
> crypto not included
ngmi

>>30291466
3rd worlders with hyperinflation are saving in crypto because it's far more stable than fiat. You're a retard with no knowledge of how the economy works. Go back to your gme containment thread you r*dditorfag.

>>30290472
>One plane flight would generate the CO2 equivalent of five dollars
someone is lying. a lot.

>>30291799
its a coffee graph, retard, of course they are not included

Coffee community price over 45 years. Seems stable.

>>30291933
commodity I mean..

>>30289078
>muh heckin hyperinflation
its going to be funny when none of this shit happens

>>30292021
Anyone calling hyperinflation is a fud, but it may hit something between 5 to 10% this year and then we'll see some deflationary trends.

>>30290472
Now do the same, but for any other industry.

But anyways, governments aren't serious about CO2 emissions, because if they were, we'd see massive pushes for nuclear power.

>>30290490
kekd

>>30292021
How do you figure? I've seen that they're obviously printing a fuck ton more than ever before and deficit spending is out of control, but the effects have not materialized yet from what I can see. So I'm not quite sure how to explain that. Do you have an explanation for that?

Can someone with high iq explain to me? -I dont have a brain. What happens to smaller countries with their own currency if the US dollar starts inflating hard?

I have international stock funds and i expect the US portion to take a bit of a hit, atleast for a couple of years until it 'catches up'. I also hold some ETH/GRT/BTC/BAT and I assume all these will go down if shit goes down in the US because crypto follows the stock market pretty closely.

BUT what about my small countries bonds, or cash? These will be unaffected right? No reason to inflate our own currency just because the dollar does? Or am I being retarded?

>>30292119
>Implying all the coal/gas lobbys that push inefficient "green" energy would allow that

>>30289078
Hyperinflation is already here, anon

Buy silver

>>30292179
There is nowhere for you to run and hide

This is a global scheme for your enslavement

Buy silver and fight

>>30289078
fixed it

>>30292178
>Do you have an explanation for that?
MMTfags were unironically right.

>>30292021
they’re printing money like the dickens
we’re losing access to more and more technology rapidly through trade
construction is close to being cost prohibited, see cost of lumber, pvc, other necessary materials
if you don’t think it’s cooming you’re just a retard

>>30289078

Hedge it

Big insider buys also CEO bought 100k shares at market price

https://stocktwits.com/symbol/CLF

>>30292178
money has to be spent into circulation, inflation is a factor of two variables money velocity * money supply, they have doubled the money supply but people are jailed in their own homes

>>30292181
That's why people aren't serious about it. "Environmentalists" are perfectly content to let the environment get fucked just so that they can conform and fit in with what their corporate masters tell them is cool.

>>30292464
this. Portions are getting smaller and ingredients getting cheaper.

>>30292703
And what happens once the velocity returns to normal now with several times the currency in circulation?

>>30290490
>$27
Which cheapskate coffee are you drinking?

>>30289903
>>30289925

Literal poop water

Check Mochimo guys.

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

>>30290654
>gold losing value in inflation

You're a stupid fuck you know that? Gold is literally designed to excell in times of inflation. Literally bottom barrel level retard. Fuck off. Don't share your stupid fucking opinions anymore and shut your stupid mouth. Fucking retard.

>>30291818
They're buying the only asset they can get you stupid fuck.

>>30289903
>>30289925
That's fucking tea bag water. (who the fuck gets their coffee from gas stations and fast-food restaurants?)

A small coffee with no modifications is costing 3.00+ at Starbucks and their coffee isn't even that good. For actually decent coffee you have to go to some small tome bakery or coffee shop where to price wil jump to 4.00+.

>>30289078
It's speeding up, looking at the LINK chart right now and the price of coffee currently seems to be $27

>>30292178
Manipulation and boomers fucking future generations to maintain the norm.

>>30292840
https://youtu.be/ASB3YMtTyBk

>>30292464
Have you bought a ring pop lately? When I was a kid that shit used to be huge. Big ass lollipop. Now that fucker is TINY. LIKE ONE FIFTH THE SIZE.

>>30293183
if you buy a cup of coffee for over $4 USD then you are unironically, astronomically and unequivocally retarded

>>30289078
Nooooooooo heckino no, look at the statistics, they clearly say inflation is like 1 percent per year, man you are literally to dump to read and to dump to know what our great scientists tell us.

>>30289520
bullish for Monero

>>30293183
>A small coffee with no modifications is costing 3.00+
Go away pajeet

>>30293183
>(who the fuck gets their coffee from gas stations and fast-food restaurants?)

Straight people

>>30293303
Nah bro, your hands got bigger, lol

>>30293453
the straightest of people buy beans and make their own coffee or get a Monster

>>30293333
If you no willing to spend at least that much on coffee to ensure its quality you might as well just make your own coffee at home.

It will be Leagues better than subjecting yourself to gas station coffee.

>>30291770
ok cool let me look up price charts for bitcoin in 2008

>>30293576
that’s why you make it at home rather than buying it from some retarded zoomer professional (((((barrista)))))) at a shitty seattle borne sweatstation. if you are that lazy and need coffee so badly you’d burn a fiver at starcucks for 3 sips of a latte you might as well burn your cash for warmth or use it for padding in a grand canyon swan dive

>>30289078
Coffe stills 0.10c here

>>30293799
Shouldnt you sleep by now Rajeet?

>How to beat inflation or where to invest. I have only 3k saved up so should i just buy expensive goods??

i have about 50k all told, and im a fucking peasant serf. I have nothing. you have 3 grand "Saved up" and youre wondering where to park it? You cant buy anything with 3 grand. You can buy rope, thats basically what you can buy

LINKBROS WE'RE GONNA BE RICH

>>30289520
Where are all these fucking Liberals coming from now holy shit. If you don't like making money, blow your fucking brains out.

>>30294124
>50K

>im a peasant surf

Yeah nice bait, if you had 50K you wouldn't be on this board. No one here has that kind of money

>>30289078
>gold looking coins increasing
fixed it

>>30292272
Should I buy physical silver?

>>30292348
Why silver and not gold?

>>30294124
I have 10K and people say im rich and want me to pay for stuff when we go out

>>30294124
I had 8k saved up. but i needed to spend 3k on my health and 2k for studying.

Instead of investing in crypto coins made by pajeets, i invested it in myself

>>30289078
>>30289172
>>30291322
>>30291466
>>30293071
>>30293617
wealth = products, i.e. the things we want; the house, the car, the boat, the food, the computer, etc.
products = derived from commodities
commodities = unprocessed, raw wealth
corporations = organizations that process raw wealth into refined wealth; (gold + silver + aluminium + copper + silicon) * Apple = iPhone

btc != commodity, btc cannot be refined into a useful product
btc != processor of raw wealth into refined wealth, btc does not turn commodities into refined wealth
btc = placeholder of wealth

usd != commodity, usd cannot be refined into a useful product
usd != processor of raw wealth into refined wealth, usd does not turn commodities into refined wealth
usd = placeholder of wealth

btc == usd


the only thing you can do with bitcoins and dollars is move them from place a to place b - they cannot be used for anything else
the only way you can exchange a dollar or bitcoin for raw wealth (commodity) or refined wealth (product) is by convincing someone to give you their commodity/product in exchange for your worthless dollar or bitcoin but you can only convince them to do so if they think they can then turn around and use that worthless bitcoin or dollar to get some other wealth
bitcoin/usd = faith based systems with zero intrinsic value
once the faith breaks down, whoever is left holding dollars/bitcoins will be standing without their wealth, holding only worthless bits/papers - this is what happens during the PSYCHOLOGICAL phenomenon know as 'hyperinflation'
hyperinflation = a breakdown in faith based placeholders of wealth which results in everyone trying to convert their placeholders of wealth into REAL wealth (commodities/products)

this by the way is why gold is money, because gold is the king of commodities (raw, unprocessed wealth)
gold is the most versatile commodity in the world and it is the only commodity in the world that never spoils, rots, tarnishes or rusts - it is eternal

>>30294375
What the actual fuck? Are normies retarded?
>>30294124
I only have 30k, and I know we're peasant serfs. I just don't want to lose 3k just because I wasn't educated enough to hedge against inflation. I'm already going to lose another 3k because Uncle Sam is coming for my money.

>>30289078
Dump bitcoin for cups of coffee.

>>30294365
Yes

If you buy online rather than coins and bars don't get SLV, only allocated (PSLV/GoldMoney/BullionVault/Kinesis Money/OneGold)

>>30289078
Invest in Pokemon cards and Dr Seuss books.

>>30294365
I would recommend gold I think silver is overvalued right now

>>30294659
>Are normies retarded?
Yes. I'm a poorfag and made $1000 with crypto (that's what I tell them at least, in reality it's more) and they're baffled

>>30294366
Silver is how we break the banks in their short positions, the investable market cap is only a few tens of billions at best

It also has 40x potential vs the 10x potential of gold

>>30292272
>log vs linear graph

>>30289078
That doesn't explain how inflation changed the price of a cup of coffee at all...
How DID inflation change the price? Dies inflation remove paper from a dollar bill? I am confused. A dollar is a dollar is a dollar. Right?

>>30294124
Bitcoin is a scam

>>30289078
>$1.59
fucking hell its like $6 here minimum

>>30295050
>log vs linear graph

>>30294285
What the hell board have you been on? there are people with half a million in crypto here who regularly refer to it as "hell" lmao

>>30295003
Seems like schizo theory but I will research it some more because it kind of makes sense thank you anon

>>30289078

Yeah.... Unfortunately while your concept isn't totally untrue... Your image is bullshit.

Because I live in NYC (It's supposedly very expensive right - It ain't.)

Anyway - We had $0.50 cups of coffee until about the year 2010 - The cheapest cup you can get in the city right now is still $1.00

I hate it when people try to push a legit concept with unnecessary exaggerations and....
Holy shit...
(っ◔◡◔)っINFLATIONS.

You're inflating how bad inflation is affecting fucking coffee - Where as.... Were you to make the same fucking meme about housing costs, or better yet; medical costs - In that case your numbers would be TOO LOW.

coffee is an undervalued resource desu. the price you can get speciality beans for is so cheap considering the effort it takes to produce it.

>>30289520
>BTC is melting the north pole
>not the shitty java script OS's masquerading as websites that people visit 24/7

>>30295547
Some good places to start are

Arcadia Economics
Palisade Radio
WallStreetSilver

>>30295547
>>30296509
Also listen to these interviews:

Ted Butler: Crushing the Silver Short Positions

https://www.youtube.com/watch?v=e3sJmET13Lg&ab_channel=PalisadesGoldRadio

Ed Steer: Silver Price is About to Blow Sky High

https://www.youtube.com/watch?v=wtxr_yXDXTo&ab_channel=PalisadesGoldRadio

>>30294609

>>30295003
>>30296509
>>30296606
How do you actully buy silver? Stocks or hoarding it irl?
I guess if you get robbed you lose 100% of your investment in few minutes

>>30289520
You sound like a fucking idiot m8

>>30289520
you literally cannot make this up smile and wave boys

>>30296760

Coins, bars (JM Bullion, Miles Franklin)

Allocated services like PSLV/GoldMoney/BullionVault/Kinesis Money/OneGold

Never SLV

>>30296760
If you can't pick it up, you don't actually own it.

>>30296760
>>30297574

Silver stocks are valid also; you can't go wrong with the ETFs SIL and SILJ

>>30289078
Look at that graph it's 40 years what do you expect? It triples every 3 years here. fucking first worlders...

dude, you have 3k USD, it would be nice for you to pour everything into one token, and not be distracted minor stuff

> listen to this shillers on / biz / and get fuckcoin
> lose everything in a moment

And now how to do a trully PROFIT:
> get GSX and hold
x10 is available ASAPP. Easy!

>>30289520
You will never be a women

>>30289078
Cool the government isn’t here to help you. It’s here to raise prices