/biz/ - Business & Finance

>>49507440
does this mean the fed will just let inflation take it's course

>>49507440
fucking nigger, I thought we are close to the bottom :(

>>49507440
Depends. Are normies aware Cramer is a hack?

holy fuck, it's really over

>>49507440
He's correct for the short term. The melt-up starts in July when it's reported that inflation plummeted in June. The melt-up ends a few months later when spiraling deflation begins.

>fake Cramer tweet
You nervous there Bobo?

>>49507545
Stfu how would that happen when oil prices are only going to rise all summer

>>49507440
Fucking hell

>>49507440

>>49507545

>>49507440
Pack it up boys.
>b-but but he can't ALWAYS be completely wrong

>>49507763
>>49507780
WATCH
AND
LEARN

>>49507440
what is it like living a country where people are so stupid they have to have someone make a financial show into entertainment? like they are children.

Fake
a
k
e

ngl that is bearish af
thanks for the sell signal jim

>>49507440
we're so fucked

>>49507545
cope kek. how underwater are you?

>>49507791
Kek. Anyone who does as Cramer says you should be shot. He manipulates the market for the hedge funds. He literally has breakfast with hedge fund managers then comes on TV and says what they tell him to say. Its market manipulation on steroids.

>>49507791
>dat delta
how retarded do you have to be to follow financial advice of some schmuck on the internet let alone tv? if you put your money into something you should know everything there is to know about it. if you're lazy just buy a mutual fund or something, or stack metals.

Fake tweet aside, Biden has lost Cramer:
https://twitter.com/JobCreatorsUSA/status/1535277558589231105
>"Look, they just hate fossil fuels — and a lot of the numbers [they] talk about are not true..."
Make of it what you will.

>>49507922
It’s fake tweet you dingus.

>>49507440
cramer is a piece of shit, but gartman is the real sell signal. he's gotten signals exactly backwards way, way more often, and he has less incentive to lie.
kolanovic, runner-up https://www.zerohedge.com/s3/files/inline-images/kolanovic%20btfd%20every%20week%20April%2011%20update_2.jpg?itok=wckZN2a6

oh my fucking god we're going to fucking die

>>49508032
A fellow Tyler.
Do you post in the comment section? "Based Fren" maybe?
I've been saying at numerous occasions that the "3x inverse Gartman" has been one of the most successful investment strategies over the past decade+
Not even the "3x inverse Cramer" comes close.

>>49507440
Why is he trying to make everyone lose all their money?

>>49508257
>he thinks any mainstream shill isn't scamming everyone for their hedge fund buddies

>>49507440
Translation: "buy my bags, pleb!"

>>49507922
He is an inverse signal wtf is your problem? We only need to short now and big tiddy bitches are "coming in waves!"

>>49507440
fool me once you can't get fooled again

during the financial crisis, when cramer capitulated, it marked the absolute bottom of the stock market

>>49507650
>he bought the top

>>49507440
another confirmation that stonks and crypto will shit the bed soon

>>49507440
top signal. the worst has yet to come.. max pain.

>>49507440

>>49508917
>he bought the top of the inverse Cramer etf

FFFFFUUUUUUU
SOMEONE PUT A FUCKING MUZZLE ON CRAMER

>>49507549
Praise the Lord! I thought I was going to have an aneurysm for a second there.

>>49507440
fuck

>>49507440
jesus fucking christ

>>49507478
no you faggot. recession will prob be announced next month, and the real crash will begin.

>>49507440
Good thing i'm all in on russian stocks

lmao i just sold my eth. fuck this. its going to 300

>>49508032
They both end up getting what they deserve. Eventually the hunter becomes the hunted.

>>49507476
It means the capital markets will soon cease to exist. Everything is going to zero.

>>49507478
We still have so much farther to go it’s unreal. We don’t hit the bottom until the bulltard influencers all sell

>>49509481
i believe george is on the cusp of capitulating. he did an interview with a bearish dude. he's probably entertaining the possibility of pivoting on his permabull narrative.

>>49508032
He’s all grown up now.

hes actually calling for 100 bps raise now
https://twitter.com/jimcramer/status/1535244889859887109?cxt=HHwWisCo9fvFpM4qAAAA

>>49508032
Isn't this fag saying we bear now?

>>49507545
>spiraling deflation
This will never happen. Absolute pure wagie copium.

>>49509650
kek
saved

>>49507791
does this mean i can just do the opposite of what he says and make mad gains?
pog i love boomers now

Lmao. We're already in a recession, the economy contracted in 1Q and I don't expect GDP growth to go positive in 2Q either.

I do think it will be a relatively short and minor recession, though. The "problem" with the economy is that unemployment is too low and wages are too high helping feed inflation. Strange times.

>>49509518
So you’re saying iss gon goh bak down?

>>49507545
>>49510088

Literally zero fucking chance of deflation in the next 3 years.
Fed has printed 40% of all cash in existence in the last 26 months.
Repo market activity has jumped 200%, allowing banks basically free access to credit ZIRP facility if they need liquidity.
Those same banks no longer have reserve requirements. They don't have to have money to lend money.
And every time another asset bubble pops and a sell-off occurs, more and more cash currently sequestered from the market by banks and funds is poured back into circulation.

I literally don't think you could draw me a diagram of how USD would deflate if you tried.

>>49507440
>delusional housecucks

>>49510465
>more and more cash currently sequestered from the market by banks and funds is poured back into circulation.
Except it wasn't sequestered and it was already in the asset market which is why literally everything skyrocketed in ridiculous fashion in 2020-2021.

>>49507440
This is a man making his last big gamble. After he pumps those bags he's out

>>49510578

No, that's because the Fed printed 40% of all cash in existence during that period.
You can't un-print money.

>>49510992
>You can't un-print money.
uhhhg sweaty yes you can

>>49511291

I literally don't think you could draw me a diagram of how you un-print money if you tried.

>>49511348
Third world here.
Just release a new currency and cut x zeros.

Imagine that you need to exchange 10 USD for the American shekel, or what ever they name it.

>>49511559
this is the worst case scenario and if that happens with the usd its all over

>>49511598
Yeah, it's worst case scenario because it's the last measure.
But you know why it's the last measure? Because it actually works. Pain in the ass to have to exchange money when you have undeclared fortunes.

Thanks, I just bought

>>49507440
has anyone ever made an investing business off doing the exact opposite of what Cramer suggests? like if he says to buy something, then short it. i bet a Kramer Opposite Fund would outperform the market 99% of the time

>>49511348
fucking based

>>49511678
Some wsb faggots have a bot that does this. And yeah, it makes money.

>>49507440
you're right theres no impending recession because we're already in one

I just sold all my btc and etc, I will buy back at in quads and trips

>>49511598
>>49511637

You're both missing the point.
If that happens, it will occur with a CBDC. Western europeans are complete sheep pussies so they would bend over and take it, but the only condition under which any significant % of the American population would agree to abandon USD and adopt such a currency would be after a sustained, multi-year secular economic collapse *has already happened*.
And even then, it's pretty likely that the day the speech introducing the CBDC occurs, who knows who, from who knows where will show up in the crowd with a fertilizer bomb loaded into a backpack and clack it off within 100 ft of the podium.
The percentage of people with both the intelligence to understand all of this and the wherewithal to go out in do it is no doubt small, but as with all things America, the pool is 330 million people large.

>>49512066
well obviously
nobody is going to replace your currency over a 10% "inflation" indicator
only if things go real bad

>>49512197

My point is that even if people accept it at first, whatever group or groups are promoting it will likely be the target of sustain shootings/bombings/sabotage and give up.
Should have made that more clear.

>>49511348
By physically destroying it

>>49510992
>No, that's because the Fed printed 40% of all cash in existence during that period.
Yes that's exactly what I'm saying. It was used to inflate the asset market but was not used to inflate the basic goods market because people would riot.

>>49507545

>>49510465
Watch and learn zoomer, watch and learn

>>49507440
he's unironically right. any company laying people off now will regret it. don't sell, start buying.

>>49507549
It'll be real by tomorrow.

>>49511348
Reduce Fed balance sheet
Reduce Treasuries

>>49512066
>after a sustained, multi-year secular economic collapse *has already happened*.
By that point the US would already have balkanized and many states would have become or would be very close to becoming self-sufficient. Red states are already on the fed's throat if the fed completely fucking failed and brought about an economic collapse the US would instantly balkanize.

I was at a party last week and there was an older man there who worked for an investment firm and he said they were expecting a crash too.
I asked because I told him that it seems like EVERYONE, even people who know fuckall about the economy, are expecting a crash. Which would normally lead me to believe weve hit the bottom.
He said the worst is yet to come

This means fuckall to you anons but anyway it can happen next week or in 3 years, but it will happen

>>49507440

>>49510465
this. smart post. deflation is a boogeyman meme that money printers want you to think is a threat. it isn't. hyperinflation is the threat.

>>49513852
Normies unironically don't know what's coming and are so spoiled with gains that they think a 10-20% dip is a recession and most think its already over. Did you ask him how protracted the crash would be? That's the main thing everyone wants to know. If fed really gets serious about raising rates it could last a whole decade or even more.

Market sold

>>49513950
He didnt really give an indication of time but he explained that he thinks that once the rates go up and the housing market crashes it will cause a domino effect. So Im assuming thats usually at least 5 years of recession, probably 10

>>49514030
>housing market crashes
Fuck this sounds way too good to be true. I'd love to be proven wrong, but I think its going to be a stagflation situation with housing. The foreign demand will always be there to buy up any new supply in Western real estate, particularly North American real estate.

>>49514269
I dunno if foreign investments would immediately buy it up again
Houses are becoming so overpriced that they are entirely speculative assets, people are unable to actually buy homes, and the gaurantee that people will always buy homes is then removed

Essentially a lot of people have bought houses they could barely afford, so when the rates are raised and they cant pay the banks anymore they will be forced to sell their house flooding the market

in some ways the 2008 housing crash wasnt a real housing market crash because the problem grew exponentially after that since it was based on loans, but this time it wouldnt be based on that so it could be a more serious crash

>>49510465
>I literally don't think you could draw me a diagram of how USD would deflate if you tried
It might deflate if you tie up enough funds. I don't see a way to do that without the country collapsing though.
>>49511348
>I literally don't think you could draw me a diagram of how you un-print money if you tried.
All of our money represents debt. When the debt is payed, the money disappears. The easy way is to tax the country into the dirt and use all of the funds to pay off national debt, but this would of course result in a collapse.
>>49512376
I highly doubt it. The illusion that America is "the land of the free and the brave" ended with corona. Everyone can see that it's now "the land of the cowardly and the corrupt". Just look at the election, no one did a thing.

>>49514352
Wouldn't that indicate a great depression level of collapse? Canada for example has its GDP almost completely tied to its real estate. What happens if real estate completely goes to shit? Also I've noticed that the housing bubble is way worse in the EU/UK/Oceania than it is in North America. Will the former regions suffer more than the latter when it crashes?

>>49510465
>draw me a diagram of how USD would deflate if you tried.
10.5 trillion in corporate debt defaulting would destroy quite some usd.

>>49514506
Yeah possibly. Its pretty bad here in western Europe too.
Also Canada in general seems to be fucked in the future, its foundation is really weak so to say for a western nation.

Its impossible to predict how fucked things will be. Part of us and our generation want to see a big collapse and a small reset of society.
So we should remain catious not to overestimate the crash.
But at the same time there are clear signals that we are in for a recession, crashes, and possibly major societal changes, theres a lot of stressors currently

We'll also get to witness how traditional media will completely spin the narrative of what actually happened. I dont think History books will mention the FED printing so much money during the COVID pandemic as a cause, theyll just blame bubbles and russia

>>49507545
The bounce was now, from now on it's all going down for at least a few months, maybe more if we're unlucky or go too slow.

>>49507440
>cramer knows he has a reputation as someone to counter signal off of
>he leverages this knowledge just before the hyperinflation pump
all in

>>49514694
I think things will just slowly start to correct themselves over the decades as the boomers die off and the more cynical and bitter younger generations take over and start to enforce more hardline policies and legislation. Stuff like deportation of most migrants, cutting welfare heavily, higher emphasis on local governments, tax cuts for families, religious/trad propaganda similar to what the CCP does, etc. will all become normalized though they're unimaginable now. Well, they're not that imaginable when major Western candidates are already talking about some of them (Zemmour). There will be a lot of trouble but I don't know about a great collapse. Things are still salvageable imo despite the rampant /pol/ doomerism. That is of course the magnetic pole shift brings a great flood that kills 95% of mankind, maybe that would be preferable.

>>49514912
>I think things will just slowly start to correct themselves over the decades as the boomers die off and the more cynical and bitter younger generations take over and start to enforce more hardline policies and legislation. Stuff like deportation of most migrants, cutting welfare heavily, higher emphasis on local governments, tax cuts for families, religious/trad propaganda similar to what the CCP does, etc. will all become normalized though they're unimaginable now.
I wish I had your optimism.
I did a lot of reading about propaganda and group behaviour, behavioural science.
The herd is controlled in a way to move the ideas of the globohomo agenda, to put it extremely simply. (its obviously far more complex)
Thing is, they went waay to fast. Thats why its backfiring now. Theyll just continue to push this agenda, just taking a small step back temporarily.
More money is inevitability going to end up with the elite, and were close to reaching a point where they will have enough tools to prevent any sort of revolution and rebellion.
From my doomer perspective theres a chance for a revolution in the next 2 decades and after that it will never happen again (without the help of huge tech companies)

>>49507545
>when spiraling deflation begins.
LOL

>>49514912
>>49514998
to continue.
this is because we will become to efficient at stopping crime.
If you look at history, something like 99% of current existing governments started out as terrorist organisations during the previous government.
In criminology you are taught that a society needs crime to a small extend, because crime presents social innovation. For example a lot of things we take for granted today would be crimes a century ago.
If you have a society that can efficiently stop every form of crime (because they can monitor every aspect of life and communication through cameras, chat apps, and predictions by AI) then it becomes stagnant. And the elite who benefit most from it will keep it that way. So only if the elite get into a huge squabble amongst themselves, and they use their massive power to allow the population to rebel for their causes, would we see any change.
And that is extremely rare in history.
Most of the time revolutions and major social changes happen because of poor living conditions to a point where even the army mutinies.

Maybe Im too pessimistic though, and this will take longer to happen

>>49514998
>>49515108
Sorry, I wish I could give you a long reply but I'm extremely tired and already half asleep. But do you really think they have the capability to do that? You admit yourself how hard they botched the last 2 years. The population's already low trust in their governments has been completely decimated. With unaffordable cost of living, men will just opt out and turn into NEETs as is happening now. When men are NEETS, then no one does any innovation because no one has any reason or incentive to do so. Their technology begins to stagnate and society begins to regress, and this can only be corrected by making the conditions of life bearable again for the populace, and this is what kicks off most revolutions. Its a self-correcting problem no matter how you look at it. I don't see this charade going on for much longer. The world will look very very different, almost unimaginably so, than it is now within our lifetimes. And I really do believe it will be for the better, people just don't want to continue living this kind of life anymore.

I'm 100% in cash right now

>>49513799
>By that point the US would already have balkanized and many states would have become or would be very close to becoming self-sufficient.

>>49515499
Well, there will be large urban die-offs first, but the storm will be weathered.

>>49509325
Retard. Why did you sell though. I've been DCAing into the BTC, ETH, AVAX, MUST and SAND dip. Latter 2 for P2E, rest for utility.

>>49515531
so true dude, that will be a huge bummer

>>49515447
its hard to say, even though they fucked up they still have total population control, wealth inequality grew at unprecedented rates, freedoms have been further removed in the name of COVID.
In some ways, it was a success for the elite. The true elite, not just the 1%.
They dont have total control yet, but we live in an era where mass-manipulation has never been so easy thanks to the internet.
Polarisaiton is higher than it has ever been.
Theres a good chance a revolution would miss its mark, and instead just lead to one party dominating the other, some semi-wealthy being punished and the charade continueing on.

Thats my pessimistic view though, I dont think we will truly advance. Itll be a decade of relatively better conditions after a hard struggle, but nothing inherently changed.
the elite are safer than ever in our modern world, I think the times of french/russian style revolutions are pretty much over ever IF you could get the masses to rebel successfully theyd be safe somewhere else

>>49515557
CUZ IT GOIN DOWN FAGBOY

>>49510352
>The "problem" with the economy is that unemployment is too low and wages are too high helping feed inflation. Strange times.
This has been a long time coming and covid just pushed it out the door early. I worked in recruiting circa 2018 for a major tech company and even then we were having to jack up salaries to get people to come and work for us. Family members who worked in hospitality also mentioned that there were understaffed.

Now that covid hit and people are out of work and unwilling to return companies have to spend a lot of money to compete for a relatively small labor force. Wages in hospitality sector have gone through the fucking roof in the past 8 months, some companies are paying $22 hourly for servers and waitstaff, I know of a hotel that pays $28 hourly for front desk staff. Mega weird.

>>49516791
This economy is comprised of bullshit products and services nobody needs or wants. It is founded upon the jewish meme that the economy needs to expand infinitely and that the way to do so is through consumer spending. Just burn it all down

>>49507545
>I'm going to get an exit pump because...I JUST AM OKAY

>>49507476
Cramer seems to think so.

Volcker didn't try to drive the country into a depression while the oil crisis was taking place, there is no reason to assume the Fed will. They could, but it seems a bit silly.

There's worse things than stagflation.

>>49507650
Depressions tend to lower oil prices.

>>49507440
Max pain would be letting him be right. Honestly Consensus is today. Did someone pay Cramer to megabull post to crash the market? kek

>>49507922
>>49508010

That was a close one wow

>>49510992
You're just agreeing with the guy you replied to.

>>49512066
>the polcel schizos who cross-post on biz literally believe that some american (mutt) would be able to construct a bomb and (lmao) set it off because of a cbdc being introduced, because somehow that is just enough to break the camels back (unlike the 20 daily mall/school shootings, which are just part and parcel of living in a Free™ and Capitalist©® society based on the Mutt Code)
This is better than stand up comedy

>>49511348
It's simple in theory. Two ways: physically destroy it. Pay back debt. In this case, paying back debt to the Federal Reserve destroys the money. The money the Fed makes literally comes from thin air so if it is simply paid back to them, it ceases to exist. That's what "balance sheet reduction" means in the context of the federal reserve.

>>49507440
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

None of you know wtf you are talking about. I just come here to laugh at you midwits.

>>49512066
>the pool is 330 million people large.
And not one will do anything, you watched your country become a literal banana republic, see millions upon millions of illegals flood your border, watched your cities burn down for a year and not one person did anything, you're a nation of beaten curs and so you will remain

>>49514998
>>49515108
I have a similar feeling/outlook.
Revolutions have in many cases been triggert by not enough 'bread and circuses'. For good reason that saying comes from thousands of years ago. In our current age we have the best entertainment and best nutrition (and medical) supply mankind has ever seen. At the same time revolutions are becoming harder and harder to do - monarchs dont live in the nearby castle but thousands of miles away (people dont even know where exactly), the discrepancy in martial power is as vast as never seen before, with mainstream media propaganda is as powerful as never before.
On the plus side we have the most powerful and cheap communication. People can get connected easily and we have easy access to information about what the rich are actually doing.
But I think the scales are already tipped, I think the ship for any meaningful revolution has already sailed, its a railway from here on: Most people wont be needed in 30-60 years and I think this part of mankind will be doomed to slow extinction - suffocated, dazzed and stunned by cheap entertainment. If the elite are good planers the birthrate will drop so that we reach 20% total population in 90-120 years, with the rich living in godlike luxury. And in 150 years even those rich systemic leeches wont be needed anymore and die in a great war.

Somone paint a different picture please...

>>49519476
I kind of feel the same way. I think that this shift in power from the hands of the masses to a small group of parasites or even to individuals constitutes the Great Filter. It will probably soon be possible to develop bioweapons in your (metaphorical) garage which is a unimaginable level of power.
Nonetheless I think there is still some hope for the short term; the parasites seem to have played their hand too early. They are not yet omnipotent and things could quickly grow out of control.

This tweet doesn't exist tho.

>>49514352
>Houses are becoming so overpriced that they are entirely speculative assets
Yeah we can thank the federal reserve for that. They created so much money and thus so much inflation, all the big financial institutions started buying houses in order to get into assets that inflate along with inflation.

>>49514536
Actually it's the opposite. Defaulting eventually allows for money supply inflation since it is money that is no longer tied to fractional reserve multiplication. Paying back money is what causes deflation.

>>49509370
based khashariasha

>>49519608
>things could quickly grow out of control.
Definitely. Nice touch that you mentioned the great filter, but I disagree. I mean we are all just guessing but my guess is what Muskboy worries, we are a bootloader for self-replicating machines which then dont explore the universe but rather implode the solar system into a black hole. Google 'The Great Race to Inner Space' for more. The short version is, creating a black hole and existing just behind the event horizon gives nearly infinite processing power while at the same time is kind of an invulnerability cheat.

Anyway, in any humanly perceivable timeframes we are probably fucked and cyberpunk is the most accurate depiction of the future that art currently produces.

>>49519476
the russian revolution only fully succeeded because they were able to intercept a train some of the elite used to flee
in our modern day they fly a private plane. And other nations elite are intent on keeping other elite protected to prevent it from spreading )besides china-russia to a certain extent)

eventually in the next centuries populations will massively decline. the elite have no interest in keeping a large population fed and alive. Theyll slowly remove power from lesser elite who are in power because of industries that 'help' the masses
then we get some sort of modern serfdom with a small population and automation working to keep the elite living in an eternal bliss, huge mansions across the world, concubines and some sort of infrastructure to keep their massive idealistic VR alive

it just seems inevitable if you analyse the past. This period of relativily good life conditions for the average person isnt going to last forever and masses are too easily manipulated

>>49518234
shoot them

>>49519991
I should add that the only reason we currently have massive populations that are alive is because it allows for better competition with others. Essentially elites fighting others for power

the moment you get a near fully globalised world the incentive for competition is out the window and itll be the most powerful fighting among themselves and weakening others

>>49510465
The fed is doing reverse repo in the short term lending market, not repo like they were doing in 2019. So they're decreasing money in the system, not increasing it like they were in 2019. People who are not retarded hodler's know what them doing that is the prime reason bitcoin reached its peak when it did.

>>49510465
bubbles popping is also deflationary.

>>49507440
who is this cramer fucker and why should he influence my decision. I'm BUYING MATIC BUYING MATIC BUYING MATIC

>>49520062
Interesting perspective, especialy considering that population size seems to become a hinderance for states

>>49520062
>the most powerful fighting among themselves
That's no different than what you said in the first part of your statement dumbass. Even if you believe your shit, the only way it could happen is if elites got along with each other. If they are fighting with each other, then they will need to masses to do their contesting because the elites sure as hell don't fight or work with their own two fists.

>>49507545
You know you're talking to a brainlet when they start talking talking about deflation

>>49520262
once they dont have to compete as much with 'other' elites they dont really need large populations anymore, infact its a risk, because large populations can always revolt even if your propaganda and control is very high

its possible they dont shrink populations from massive birthrate drops but then they will be enslaved and also pose next to no risk to those in power.

elites are perfectly fine getting along if nobody is a threath to their power and they can feel safe. we saw this in china and europe during the medieval period when you had plenty of smaller kingdoms

anyway im tired and while this is interesting i cant expand it further now. but analyse history. The most powerful have never been kind to their subjects when they have no incentive to do so. Theyd be happy living in a paradise where they can rape and murder anyone they want living a life a luxury with no risks ever, so eventually that will happen, because the main reason it didnt happen in the past was because you needed a productive population

>>49519316
I want to call you an idiot, but it really makes sense. They were busing niggers to riots and even having special interest groups pay for it. That wasn't even top secret hidden information, it was openly announced and even applauded on news media. I didn't give a shit because it wasn't my state and none of that was happening around me. That's probably how everyone else felt about it too. If people in the US actually cared, they would have been stopping their day to go out and stop all these crazy ass events and protest at the capitol. People won't care as long as their daily routine doesn't get disturbed and they get to play red vs blue in the safety of their homes behind the computer.

>We just released a new Marvel movie, goyim. Don't worry about a thing

>>49507440

>>49507545
>J-just a few more months you guys
Jeez you people are starting to sound like pro lockdowners early into covid
>Just 2 weeks guys

>>49519991
you right that populations are going to decline but it will be almost entirely natural as the average prole has given up living. This will probably lead to new elites being hoisted up when the results of such a change start appearing.

>>49507484
When I see such a resolute assertion from a main stream shill, it tells me that we're in serious trouble and they're trying their damnedest to mitigate it.
Its no longer whether we're going to hit the floor but only at what speed.

>>49507545
>inflation plummeted in June
Nibba what?
Biden gonna start drilling oil? This is just the beginning. Imagine if economics and stock traders knew inflation was 15%. Every normie knows inflation is 20%. Only educated retards can't see the obvious.

>>49509382
This is a good thing. Money is an artificial concept anyway. The government can easily pay for all basic needs.

>>49507478
The bottom will probably be 20k in August I doubt it’ll go any lower than that but we’ll see.

>>49523436
>that’s going to end well

>>49523436
>The government can easily pay for all basic needs.
Until resources start running scarce, you can print all the funny money you want but there’s only a finite amount of space to build more houses and make more farmland.

>>49523506
>has to use war photos to claim communism is bad

>>49523545
Resources only go scarce when capitalism pumps out garbage nobody needs and wastes all the resources.

>>49510992
yes you can lol

>>49523556
Who decides what people need? The state? Who decides how it’s wasteful? Let me guess. The state.

>>49507791
Jim Cramer exists exclusively to talk up the position most favorable to the book of big asset managers. When he is telling you to buy it is because his literal masters have informed him they are going to sell. He is everything wrong with the modern market system contained in a single human being.

>>49523636
Who decides what people need now? Let me guess, the corporations.

>>49507478
this is still the stratosphere bud

>>49523641

If you are under 35 your opinion means jack shit. You don't have enough life experience to know what you're talking about. Communism ALWAYS fails. You'd know that if you didn't have ADD and think 1 year is ancient history. But it's ok, you are limp, and will never make decisions, and it will not go the way you want it to :)

>>49507440
Super Mega Depression. SELL EVERYTHING. BUY WEAPONS.

>>49523959
If communism is such a failure, why is China the world's biggest economy?

>>49524055
I know you're baiting but
>china
>communist
You could at least use recent bait, that shit is decades stale at this point.

>>49507440
You should be arrested for trying to incite fear and shaking people's confidence in the markets. How dare you bet against the American people?

Something to consider is that in this decade we're pretty much certain that cryptocurrencies will see full mainstream adoption. I say "cryptocurrencies" very broadly, because I'm willing to compromise in accepting that "CBDC" falls under that group. Put simply, this decade is going to be absolutely pivotal in terms of the fate of humanity. The US petrodollar is on the verge of collapsing, and central planners have openly admitted that they're working on CBDCs (the most recent update I've read is that they need until at least 2025 to launch a CBDC). CBDC is just a dumb term that translates to a permissioned, private blockchain that central planners control. The implications are horrific for humanity at large. On the other hand, we have a growing number of people who are becoming more educated on how the financial system works, and there's a growing number of people advocating for decentralization and these people are completely opposed to what central planners are proposing with CBDCs.

There's only one thing we can be absolutely certain of. Given how much is at stake with this transition, we can be certain that this decade is going to be absolutely chaotic. I honestly think we'll probably slowly decline for a few years, and once enough pain has been inflicted on the masses they'll cook up a story that will lead into the transition to CBDCs to save everyone. This is where we decide our fate. Honestly, I don't have high hopes that humanity at large is going to fight back. But that's going to be our moment and it'll likely change the future in truly profound ways.

>>49507440
This faggot has literally never been correct about anything

>>49524294
>Something to consider is that in this decade we're pretty much certain that cryptocurrencies will see full mainstream adoption.

who is this "we"?

>>49524422
Anyone who pays attention to what central planners are saying.