/biz/ - Business & Finance

>>49517938
You are correct. The dollar is strengthening rates are spiking. Better to hold cash than risky assets, bonds or growth stocks

>>49517938
I don't get it
>inflation
commodities pump
>non-democratic parliament
poompa everything

Why cash?

>>49517938
Nope. Maybe 30 years ago. Best hedge against inflation is BTC and XMR. BTC is digital gold and XMR is digital cash..

>>49517938
lel this is bait

>>49517938
...

>>49517938
>I’m retarded, prove me wrong
Keep holding Cuckbucks
>>49518018
This

>>49517938
>inflation up, cash down
>people sell cash, cash goes up

>>49518018
Why not real gold and digital anonymous cash?

>>49517938
But it inflates too OP

Holy fuck... this thread...

Don't listen to /biz/

>>49518088
Metals peaked 40 years ago
Holding metals is worse than fiat
>imagine buying silver in 1981 and just breaking even

>>49517938
>Prove me wrong.
Keep holding it and prove yourself wrong.

>>49518130
And do you know why the peaked 40 years ago?

>>49518255
Because inflation and bitcoin didn’t exist
Interest rates were at double digits
Treasury yield is under 3% and people are freaking out about raised rates
Gold is manipulated junk to keep conspiracy theorists poor
Only idiots buy PM

>>49517938
best inflation hedge is debt

>>49517938
Time to get my dollardick sucked.

>>49518018
>BTC drops 50% in six months
>Good inflation hedge
What concentration of copium perdelusionate are you on

>>49518054
/thread

>>49517938
>CASH
If it's in Russian Rubles, yes.

>>49518428
You’re confusing a long term inflation hedge for a stable asset.
Inflation hedges are by nature extremely volatile.
Every economist know inflation increases volatility while assets go through price discovery.
Inflation hedges are supposed to be volatile to the upside, but you can’t have only up in the markets. It’s impossible and has never happened before.

Stability is not an inflation hedge, you want a savings account, bond, or CD for that

>>49518130
Room temperature IQ take

>>49518406
>Bonds at 3% at year
>CPI inflation at 10% a year
>real inflation at 33%
You guys think an inflation hedge should be a volatility hedge or you just love to steadily lose money

OP is just as retarded holding cash
Unless you’re getting 15% a year or using bonds as collateral like banks, holding debt is dumb
>>49518615
He’s right though, look at the charts

>>49518396
the answer to his question is they pumped in the aftermath of 1971 when the US failed to honor its promise to pay counties who held US debt in gold upon cash out.

>>49517938
Buying more crypto

I'm sorry Im just not gonna use your cash


Ahahah

Yes I know

>>49518794
Ending of the gold standard should increase supply on the market and decrease demand
That lead to inflation and uncertainty and that’s what pumped metals
There was also things going on behind the scenes with certain banks hoarding gold and the hunt brothers trying to corner the silver market

Read a book you fucking larper

>>49518018
>digital gold
lololol
>>49518101
Always do the opposite of what /biz/ says

>>49517938
Inflation is just baiting people to over-leverage on debt and buy into inflated markets right before rates rise and the wagies get rugpulled.

Wait 2 years and you'll have cheap houses and vehicles again that got repo'd.

>>49517938
>Have $20 in 2015
>can buy a fair amount of stuff
>have $20 in 2025, a second bill that I lost 10 years ago that I found in a coat pocket
>can buy way less stuff
Inflation destroys savings, you'd have to be a pants-on-head retarded Keynesian to think inflation is a good thing because it encourages spending, and think that saving is bad for the economy

>>49518629
>look at the charts

I did, it was kind of surprising to see that an asset that has a rapidly decreasing supply, ever lowering creation, massive burn rate and huge industrial demand has somehow not gone up in half a century. Kind of interesting, really made me think.

When will the real estate bubble burst?

>>49519154
It already is, in real time.

>>49519179
And it’s happening fast too! I’m on the front lines watching smart people off load their bags to FOMO’d millennials. This is the only time I’m honest about it. I usually post that real estate is the only safe bet and to out everything you have into a home at the top of a market, with rising rates.

>>49517938
no, it's XLE

>>49519116
As metals go up in price, miners extract more using more expensive means
The hunt brothers found out the hard way

>>49519154
>>49519215
They’re might be a bubble burst but it’ll be localized
WFH and gig jobs are seeing money flood into the Midwest and south from places on the coasts
Real estate has always been a local market except in 2008 and the 1930’s
That’s once every 75 years we see a nation wide bubble burst

>>49518615
imagine, over the last 40 years, losing >50% more in value to inflation by holding silver instead of dollars - dollars which any sane person would have been earning interest on the whole time, FDIC insurance included

just goes to show how schizophrenic someone really has to be to rationalize this behavior

>>49518088
All three unironically, gold has the longest track record not easy to transport and the spread of buying and selling is enormous pay over spot and sell under spot. If you know you don't need that money for 10 years I would consider exposure

>>49518130
Why would you buy metals expecting it to moon that dumb

>>49518018
>>49518068
then why does it keep dumping. it's supposed to stabilize and/or beat inflation. what the fuck? holding cash is literally the best option. why would you hold something that's doing worse than the thing we aren't supposed to hold?

>>49518009
To buy the dip when everything crashes. When everything dives 99% in fiat terms in the next year or two, 15-20% inflation per year pales in comparison.

>>49520348
Your time preference is short
Some of us have multi year goals and price targets
Good luck saving enough fiat to buy a house even after 20 years
Especially with inflation at double digits
Someone can buy a house after 10 years of saving bitcoin though even with diminishing returns

Holding cash long term is literally retarded

>>49520505
>Your time preference is short
i understand that. but a hedge against inflation is supposed to be fairly stable even in downturns like this?

>Some of us have multi year goals and price targets
you got me there

>Good luck saving enough fiat to buy a house even after 20 years Especially with inflation at double digits
but the fiat helps now. im not done investing. but this is a nightmare anon

>Someone can buy a house after 10 years of saving bitcoin though even with diminishing returns
i would like that. what's your make it stack for btc?

>Holding cash long term is literally retarded
well yeah. ive seen the charts. it's been in a nose dive. just temporarily cash is outperforming everything right now.

>>49520574
There’s nothing that says inflation hedges are supposed to be stable. High inflation naturally leads to volatility. Volatility never works only to the upside. What goes up, will crash. Debt and savings accounts provide stable returns but they’re horrible inflation hedges.

You can’t have something increase in price so much that it offsets inflation (inflation hedge) and have no downside volatility
You want a magic asset that always goes up as an inflation hedge?
Yeah we all want that but it doesn’t exist

>>49518130
>metals haven’t had a peak in 40 years so I don’t buy the bottom
>instead I buy assets that peaked 1-2 years ago

>>49519723
>dude your shits low for 40 years!! That means it’s gonna go lower!!!
Buy the bottom you nog. We at historic lows

>>49518130
lol. if you honestly believe this then it's a great time to buy some

>>49518483
look at this cope

>>49520762
>>49520785
nice try gold fags
Go make some other people poor
The banks will never let gold moon

>>49520818
Kek stay stupid. The facts are the facts.

R8

>>49520845
the facts are the banks have all the gold plus paper gold and you are a nigger

>>49520670
>what are TIPS

>>49518844
buy more DOT and start participating in crowdloans at equilibrium and receive xDOT which you can stake in a certain pool to get an extra income while waiting for the process.

Supermarket meat/milk prices are the same for me as the 2010s. 4.50$/lb for 93% lean ground beaf, 5.50$/lb for sirloin, 4$/lb for antibiotic-free chicken
2.60$ for gallon of milk. Only gas is more expensive and fast food. Maybe I dont consoom as much and so don't notice the rest

>>49523634
Milk is subsidized retard

>>49523657
so what faggot

>>49523634
https://data.bls.gov/pdq/SurveyOutputServlet
We can check the data, bro. No need for anecdotal evidence. Here's the average price of all ground beef from 2010 to 2022.

You bought expensive beef

>The best thing to hold when the value of cash is declining is CASH.

>Prove me wrong.

>>49523724
this data factors in the cesspools of NYC and commiefornia, where huge populations of slaves spend their entire incomes on sustenance

I pay 2$-3$ for regular ground beef. 4.50 is for the high qualtiy shit. This is new england, tax included

>>49517938
you're asking the wrong guy, I invest only to buy anime stuff

>>49523771
Well, for one, VINU exists

>>49517938
Everyone know cash in king in inflation and risky assets is king in a deflationary market. It’s just a clown market

>>49518088
>Why not real gold
as long as it's real. changs have gotten real good at making fakes.
>digital anonymous cash
yeah, XMR. Mentioned already.

>>49517982
Kek, it's always best to have some crypto that does have a good utility where KOL is one of them as it's going to be covering the marketing service that most project needs, so I have a great feeling that it would be in demand.

>>49518018
In times of inflation people (and banks and corporations) sell off speculative assets to fuel their (now more expensive) consumption.

Aka people will sell btc because the Big Mac now cost 10 dollar
Corpos will sell btc because the Big Mac CNC machine now costs 100,000 dollar
And banks will sell btc because the rate hike wedgies are coming for them.

Selly sell sell
Not just btc but everything speculative.
Which means everything from stonks to art.
Enjoy!

>>49519723
>silver might doomp probably to single digit if it doesn't moon right now
please let it happen I want people to cry and sell their silver at and 80% loss from the current price while I buy it all

>>49517938
No, the best inflation hedge is real, physical goods that you will need in the next 10 years, so as to keep yourself in having to buy it in the future.

Go spend on physical goods, financial assets do poorly.

>>49518018
you can include some cool NFTs that have good utility those genesis bees of Honeyland are going to provide some real cash in the future once the game has launched. All I know is Digital Assets are going to be the future and those normies that will not go with the trend will stay poor.

>>49518018
>BTC is digital gold
>loses 50% in half a year

>>49520574
>a hedge against inflation is supposed to be stable
>a hedge against volatility and unforseen money printing is supposed to not be volatile and conform to your arbitrary definitions.
Bitcoin was 6k before 2020 money printing kicked off (under Trump by the way, because hardly anyone seems to remember that its not just poopy pants biden) and now it sits at an easy 4-5x. Money supply didnt nearly increase by that much even in the most schizo calculations.

>>49524689
imagine being a 4chan shill lmao

>>49520977
young lizzie is best lizzie

Buy bonds instead

>1 post by this ID
OP can't be this retarded
This was an official bait thread
And is now a PrecogFinance (tickr PCOG), the actual inflation hedge, thread

>>49520505
kek zoomer retard thinks it will always go up based on a 10 year historical chart, jesus christ you fucks deserve a recession so deep macdonald's won't hire you

>>49517938
>>49517982
>>49518009
>>49518018
>>49518096
>>49518076
>>49518406
>>49518054
Thats a glowie story, and it only works because peopel are following it.
They NEED dollar bagholders to stop inflation.
THE NEED YOU TO HOLD DOLLAR DO YOU UNDERTSAND THAT.
By definition the dollar cannot be a hedge again the dollar loosing value.
The best hedge in my opinion is monero currently?
Why?
I explain:
Monero is a very good store of value and hedge against inflation. Why? Historically everything that was later seen as store of value was at first a currency. If something is a good currency, you can be sure that there are always enough people willing to exchange various goods for your currency. This is necessary to make people believe in the value of the currency. If people believe in it, they start to hoard this currency for later use. Most stores of value I am aware of started by being a currency. Gold, Silber were used as currency 1000s of years ago, paper money (*two 14 year old girls wanted a selfie with me wtf*) started as currency only but lots of people see it as store of value today. And obviously bitcoin was envisioned as p2p currency and was used but its now less and less a currency as a proclaimed store of value.

>>49530176
Because now I come to the problem of these mentioned if used as store of value. Fiat is obvious that it has been inflated aka new supply was added at a crazy rate which makes it a bad store of value. Pmg and yes Btc have a similar problem which makes people label it as boomer thing. They are not used as currencies anymore and this is huge. This means suddenly it changed from I buy it and then there are always people willing to give me goods for it to I buy it but I need to find someone who buys it at a higher price. That means I need to shill it to others. This makes it cringe and removes the security of the investment. Now to monero. It is used as a currency for a lot of things, it is fungible which is a bitcoin specific problem and it has a low inflation and much more benefits like the abity to transfer it everywhere. This makes it the optimal store of value. And a hedge against inflation since with fixed supply when real world prices go up but no more coins are in existence the demand and price of monero rises. The only thing would be aggressive banning but intelligence services use it themselves so I don't see aggressive action. People who say Monero is a currency not a store of value fail to see this connection. And in 2022 people desperately want a store of value and hedge against inflation and bitcoin failed.

>>49530176
>>49530185
Copy paste from a monero telegram but true

>>49518018
just… LOL

>>49517982
>The dollar is strengthening
To what?
TO the dying Euro?

>>49517938
Depends on the year. Sometimes pharma beats cash. Sometimes it’s energy. Sometimes it’s commodities.
It all depends on your time horizon. You could have just bought VOO every week for the last 10 years and not worry about inflation at all.

>>49517938
borrowed cash, yeah

>>49517938
Cash is great until everyone realises it has lost all purchasing power. Want your assets back? Sorry no refunds.

>>49532207
How's that going right now

You're all retards.
A basket of commodities (energy and agriculture, not gold) performs best during inflation.

>>49517982
>dollar is strengthening
No. Dollar is only strengthening against the outdated basket DXY uses.

>>49532278
Why are you taking such a short term view? The dollar is fucked, all fiat is fucked. Assets are on discount due to mass hysteria. When things normalise prices of the past few years will seem like a pleasant memory.

>>49518995
Real gold: easily stolen
Digital gold: can't be stolen

>>49517938
Guns and ammo are better

>>49518995

>>49518088
Based.

>>49517938
wish i knew it earlier, every faggot investing "adviser" was telling to buy gold or other garbage but everything is shitting the bed

>>49518396
>Manipulated junk
>Can only buy it with cash at the LCS
>You can't buy it on ebay with a credit card
>You can't sell it internationally
>All governments acoomulating fuck tons of it
>Just "shiny boomer rocks"
Have fun being poor with your tranny "coin" that will never be gold nor coin you gay retard.