/biz/ - Business & Finance

>>49640188
inflation is transitory

>>49640188
not our problem bro

>>49640188
They want to collapse the EU

>>49640188
Have you met a European? They're incredibly arrogant and think they know better than everyone else. They would much rather let the ship sink and risk a real revolt than admit they're wrong and take action.

It's transitory, no action needed.

Its a controlled demolition with as goal installing something even more evil than EU.

>>49640188
Inflation is good and transitory!
As a eurocuck, every morning i take a cold shower i shout "Take that Putin!" and remember I am on the side of Good in the fight against Evil.

>>49640407
Putting greeks, frenchies, poles and dutchies in the same basket. I know you americans arent hot on education, but stop bragging.

euribors are already rising, rate hikes are coming

>>49640573
Yeah a whooping 0.25% that won't even make interest rates positive.

>>49640188
Because every country is in debt to every other country so it's in the best interest to inflate away all that debt instead of pay it back at it's current valuation.

>>49640188
ummm sweetey they passed CRUSHING sanctions against russia, what else do they need to do?

>>49640689

It's still too much as they are hiking into a global recession. They need rates lower, not higher.

>>49640533
dutchies are gay

>>49640188
accelerationism

>>49640188
there is too much debt raising rates is out of question -> have to deal with inflation otherwise mainly focusing on supply chain issues and energy prices -> may include
gasoline and energy price caps soon -> eur/usd likely push lower even below parity

>>49640188
Nothing?We are trying our hardest to,make it worse.

>>49640841
Dutchies were the only ones in the EU that knew how money worked. Sadly Americans consumerism culture was adopted and now the general population is as retarded with money as a US citizen in 2008

>>49640780

Stunning and BRAVE. Europeans have certainly struck a blow to evil Russia. Pride month is further solidifying Europe's place as a truly progressive and forward society. I too am willing to freeze so people can buttfuck each other on public city streets in Berlin.

>>49641054
yaaaaas who needs an economy when you have gay sex and DIVERSITY

>>49640211
Transitory to recession depression then war famine and problem solved

>>49640533
You all put yourselves in that basket with the EU lmao

>>49640188
Look at this fucking ostrich faced mummy. Hate boomer so much it’s unreal.

>>49641045
maybe the boomers knew how shit worked, but for the millenials and zoomers they are already hooked on drugs and the alcohol jew and it's an infested globohomo country, they are ngmi. except for the very few, but I guess this applies for most of europe indeed

I hope they bring down the euro and the EU with it.

t. European

If the king of coomer was still at the head, he would have done something

>>49640188
that thing is a convicted criminal so im not surprised she sucks the cock of the tribe

>>49640188
EU is even more fucked than US with money printing. Hence the thought of a first rate increase won't be until QE stops at the end of autumn. That's how fucked we are, inflation will burn through Europe unopposed all through summer. And then they still won't be anle to significantly raise rates because it will cause an wven bigger collapse than in the US.

Because it will kill the Eurozone.

if eur/usd reaches like 0.8 or 0.7 level brussels will panic for they fear euro currency total
collapse or euro crisis at that point still unable to raise rates. so they will have to induce price caps pretty much and nuclear power definitely must be turned on in germany again soon as possible

>>49640689

Its like the EU actually knows they cant do anything to stop this level of inflation both because its from supply issues and war caused problems and that central bank interest rates are too low and meaningfully moving them means destroying the EU and guaranteed long recession and unemployment in exchange for fixing inflation somewhat(wouldn’t even get below 3% if they raised them to 7% imo).

So the EU are just making small obligatory actions like the bank of england. The minimum try can without causing any damage to the economy and equities and then instead using subsidies to help till war and supply chain resolves before fixing the mess then.

That is exactly where the FED will move soon btw which will give the EU room to hike more anyway.

The fed are done. They’ll do one last mega hike if they think they can get away with it while also announcing easing off, or they’ll straight up announce 25bp hikes only from here on.

>>49640827
Betta a recession than have all of our money be worthless in two years.

>>49640188
ITS SIMPLE

>never stop printing money to support sinking ships like Italy , Portugal , Greece etc. to stop the EU from collapsing (or at least slow it down)
>Fix inflation

You can only choose one.
t. Germanfag

>>49641755
Are you daft? They pumped massive amounts of money into their economies because they were stupid enough to shutdown everything because of Covid. The primary driver of inflation is the increase in the amount of currency circulation, followed by the war, and lastly due to supply chain disruption.

>>49641834
I bet they will ban the word inflation because it is sexist, racist, etc.

>>49641718
>nuclear power definitely must be turned on in germany again soon as possible
Should've never been turned off.

The main goal of the ECB is not price stability but to save the indebted Southern Euro countries from bankruptcy.

>>49641834
portugal and greece are miniscule economies they have no real meaning. italy is different thing and also france have lot of
debt prolly mainly due to wild immigration... germany have very little debt.

so you could split euro into two currencies too north and south that is one option. but brussels are always concerned about their owns jobs breaking up euro is bad for that

>>49641718
>nuclear power definitely must be turned on in germany

You can't just "turn on" a nuclear power plant. Germany will start burning coal like never before.

Also the average german is legit scared as shit of nuclear power after decades of propaganda.

>>49641918
I heard in the radio: ( like 3 days ago)
Germany is facing a hard deficit of metals & steel
"[...] because most of it was imported from Ukraine[...]"
Everybody in the metal industry ( me included ) knows that most of our steel is imported from china, which now of course prioritizes itself over other countries
>mfw they try to blame everything now on the ukraine crisis / russia

>>49641944
>main goal of the ECB is not price stability
It's supposed to be its only goal.

>>49641834
Yeah, yeah, Don't act like German banks with the insanely high savings rate of the population weren't happy to lend that money to South European shitholes.

>>49641972
Impossible

They have to keep the eurosystem alive as long as possible - it was literally recking everybody - for example germans
Back in the days the DEUTSCHE MARK was worth a shit ton in other (holiday-)countries in the EU
now there is essentially no difference

They will never ( not by their own choice ) revert back to multiple currencies

>>49642013
>You are against inflation? I guess you must support Putin then

>>49640533
>greeks, frenchies, poles and dutchies
All wops

>>49641918
It's a dogwhistle, chud

>>49641873

You are obviously correct. The money is just now hitting the economy hence inflation now not 2 years ago.
However its only cause everyone has this extra money to pay the higher prices for supply bottlenecks goods and war caused jumps. Had people not had this extra cash they wouldnt afford it and the prices wouldn’t be literally bid up like they have. Not to this level.

Raising rates aims to dampen the demand but in reality people just need to exhaust their savings first. Raising rates wont speed that up. We wont even feel the effects of these rates for 12-18 months much like the money printing. Only equities reflect it immediately.

The EU simple knows they cant do shit without causing mass unemployment and recession so they arent doing it. They have no choice but to let inflation run hot, let people burn their extra cash and for supply/war issues to resolve a little. Only then is it worth their while to normalise policy somewhat meaningfully.

The Fed is also about to pivot otherwise rape the rest of fhe world’s currency. Its no food for anyone. We simply wont see below 3% inflation for years, and it’ll become the new 2%

People still believe it's Putin fault, not two of the worst US presidents destroying a week economy based on debt, services and reselling Chinese stuff.

>>49641834
>sinking ships like Italy , Portugal , Greece
Imagine if post-war Ukraine joins EU too. How is that going to work

Europoors are bigger cucks than Amerimutts.

It's your retarded bank that kept the interest rates to 0 americunt.

>>49640188
Inflation is a conspiracy theory.

>>49642170
They wouldn't be fulfilling the Euro accession criteria for 50 years so no sweat about that.
https://en.wikipedia.org/wiki/Euro_convergence_criteria

>>49642272
Sweatie, rule-based world order doesn't care about rules. If cancel culture says it needs to be done, it happens.

>>49642170
The price of whores will definitly be deflationary.

>>49640188
>>49640407
>>49641633
it's your retarded bank that kept interest rates to 0 americunt.

>>49642013
yes some of the blame is on the russia which was already in motion before war,. russia is not that big only 20% of oil/gas exporter to
europe and their economy is size of south korea, so they will be cut off and left to die with their fascist government unless there is revolution like 1991 or new leaders in the house who will save their people. Ussr was actually 2nd largest economy in the world start of world war 2 so the modern russia have long ago losing any power they had it's just some of their leaders have delusional illusions.
already russia poverty levels are up 100% it's total chaos soon.

China looking to take over all russia's assets and commodities perhaps even at governmental level, they now just wait russia to exhaust themvelves fast speed miltiarily and economically against ukraine becoming even smaller player in the world

>>49640188
That's a man

>>49642170
Ukraine war will only end in the next winter.
The kike assumed that Russia would not do shit about Ukraine joining NATO to recover Donbas, and Putin assumed that the entire Ukrainian army would surrender. Both where wrong, and Russia has some major loses trying to blitzkrieg Ukraine. Now they have this very defensive war, where Russia abuse cheap artillery to break Ukraine army moral with fewer losses and level entire cities.
The Ukraine army claim they lost some 100 to 200 soldiers per day, but insiders claim it's up to 800.
At some point people will understand that trying to fight the Russians means losing 96% of their buildings (a lá Mariupol) and be very picky about what they can defend.

>>49642379
I personally believe that measure ones economy in GDP can greatly underestimate their economy.
It's really easy to make your economy look strong, by GDP, just move the same amount of cash at many peoples hands...

>>49642349
>Imagine the smell

>>49642379

Its not as simple as “20% of supply” though. You lose 20% of supply to Europe, where do they get it from? East asia already take almost everything from Arabia/iran.
African and south america produce fuck all and already supply Europe for the most part.
The US? Lol.
That is the issue. So the price gets bid up to redirect it to the highest bidder, this can cause huge price surges and someone will get left without and its not necessarily the poor countries as not all oil/gas is shippable and atorable at destination anyway. So the EU cant even buy from plenty of supplies for inability to store it.

Make no mistakes the sand niggers and russians are milking this dry. They do not give a fuxk about a recession. They are both trying to normalise lost revenue from pandemic and destroy the electric car movement by forcing governments to desperate invest in more oil infrastructure

>>49642005
Thank you 'Green' party. I am genuinely convinced environmentalists are Nazi oil huffers lmao.

>>49642112
Exchange rates are overrated, sure it benefits you a little bit but prices are still similar.
Germany simply isn't as advanced in industry as it used to be 30 years ago.
The internet allowed every country to get more educated and develop.
Same reason why South America and SEA isn't extremely cheap anymore (it's still cheap but not like 20-30 years ago), has nothing to do with the euro.

>>49641770

That's not on the table. Inflation is transitory.

>>49641834
>>49641944
>>49641972

Yeah did everyone forget the Euro crisis years ago... Once we raise interest rates the southern nations cannot afford their debt anymore and need another bailout. And they are not isolated, they would need help ALL AT ONCE

>>49642023
In a proper monetary union you would have a ministry of finance which would force Southern Euro countries to stop living above their means, and would force Northern Euro countries to transfer money towards the South in support of the weaker Euro economies. This ministry would be extremely unpopular of course and would become the target of every populist party in the Eurozone. So they delegated that job to the ECB which now cares more about the debt spread between North and South than about inflation.

>>49642160
I don't understand your logic. If people spend all their savings, then the corporations just have more money on hand. Which means they will just keep buying more materials for manufacturing/keep paying their employees/keep hiring. This means people will still have more money and the prices of commodities will go up due to higher demand from businesses. It is a cycle, the excess money isn't leaving the system. The only way to lower prices is to lowed demand in some form. Either that or they have to start burning money lol.

>>49641718
EUR/USD is at 1.04 lol, to lose 30% of its value with the dollar itself its inflating like crazy would be imposible

>>49642810
>>49641718
> he has the delusion the EU wants to have high EUR/USD valuation
the Germans are fucking begging for a cheap euro so they can sell their cars
you babies have no idea how money works

women
jews
jewish women
etc

>>49641718
>>49642005

Nuclear power will be increased in all the countries around Germany instead to supply it. So the Greens can stay smug about having no nuclear power in Germany.

>>49642762

…which then leads to over supply and plebs with lack of surplus they already spent which means prices fall. The only thing that can disrupt that is increase the population suddenly.

>>49642379
Shut the fuck up lmao

>>49640188
>doing absolutely nothing about inflation
The want to create inflation and they did. Hardy "nothing".

>>49642883
I heard germans complaining about french nuclear power the other day (I assume it is being pushed in Germany about scary old french nuclear power). Wouldn't suprise me if they start lobbying to shut down nuclear power all over EU.

>>49642845
euro zoomers and gen alpha do not care about cars at all. it's

>>49640211
He doesn't know

>>49640188
in europe everybody is rich even if has almost no money... not like in UJA where most of the people are slaves on debt

>>49640407
>They're incredibly arrogant and think they know better than everyone else
Look yourself in the mirror amerikike.

>>49644362
>>49643852
>>49643850
>>49643730
>>49643682
https://pastebin.com/pgUDWYQL

>>49640188
because it's literally not her problem

>>49640211
Europoors having food is transitory

>>49640188
It has probably been said ITT already but I'll say it anyways. A lot of southern euro states are incredibly indebted and higher rates would essentially bankrupt most of them.

On top of this the ECB is somehow even more reckless and arrogant than the Fed

>>49640188
But we did, we vaccinated 75% of the population, inflation will solve itself within 2 years.

>>49640407
this is the best post in this thread as a canadian

>>49645796
>as a canadian

>>49640407
>They're incredibly arrogant and think they know better than everyone else.
Completely true, they should be sent back to Africa.

This too shall pass.

>>49645664
I guess the south is hated universally. For good reason though.

>>49640188
They can't raise rates because that will destroy their entire shitty economy.

>>49640188
they need to pump the dollar until it creates a liquidity crisis

>>49640188
https://www.theguardian.com/world/2016/dec/19/christine-lagarde-avoids-sentence-despite-guilty-verdict-in-negligence-trial

Tha'ts why

>>49640188
they are happy to have a job

>>49643850
They already are look up nuclear phaseout in europe on wikipedia

>>49646776
Seit dem 1. November 2019 ist sie die Präsidentin der Europäischen Zentralbank (EZB) und die erste Frau, die dieses Amt ausübt.[1]

Wikipedia says she is president since November 2019, wtf?

>>49646399
>I guess the south is hated universally.
Nonsense. Every summer entire flocks of Northern Europeans go to the south for their holidays.

>>49646894
The quote might be from October 2019, before she actually got the position of President of ECB, they use this title in the image because it makes it more interesting.
Or it could be straight up fake.

>>49642451
If by next winter you mean the winter a year and a half from now, I agree. Ukraine won't surrender because US doesn't want it to surrender. And Russia won't stop because it doesn't have a reason to stop. Should take about a year and a half for Russia to take all the Eastern bits with vaguely pro-Russian sentiments and hopefully this is where it ends, using Kiev as a bargaining chip and handing it over to neo-Ukraine to sign a peace treaty

Be patient they'll compensate for it in the near future.
I hate the EU with all my soul, but the Central Bank is doing a good job staying around the 2% target (formerly <2% target).

>>49647152
Nobody hate the land, they hate the people. Southern Europeans have the shittiest attitude when it comes to cash.

>>49647322
They're just chill and they enjoy life so all the stuck up autismo northerners hate them

>>49640407
Lmao now that's what i call cope

>>49647388
That's true. But as a southerner living in the north I have to admit, that it annoys me too, since I know that in the south a lot of money goes to waste, especially subsidies.

>>49647322
And people wonder where the south Americans got their attitude from. Spain, they act like Spaniards.

>>49640188
Imagine having Louisiana and California in the same country with the same currency. It's impossible to do anything because the whole thing will implode.

>eats cheeseburger
>invents flu
>genocides white race
eu do somethin

>>49645664
tbf you'd have to be an idiot to pass on free money or even negative interest rates. Their only fault wasn't endebting themselves it was spending it like retards instead of buying gold with it, nuclear power plants, US tressury bonds or literally anything that can turn a profit instead of giving it away to niggers and lobbies as they did.

>>49640188
Because doing so would absolutely destroy the south European economies and might break up the union. Greece, Italy, Spain can't handle higher rates and Germony are gonna have to carry them with galloping inflation, which may or may not be possible.

>>49640188
EU is notoriously slow at reacting to events, just look at the euro crisis and the immigration crisis a few years ago.

WHO CARES, LITERALLY NOT MY PROBLEM

>>49642845
They have cheap euro only due energy crisis, so it won't help them sell cheap cars because their production is fucked. Cheap euro is a consequence of the deindustralization of Europe

>>49640188
Its pretty clear Lagarde got btfo and managed to look like a genius because it was a bull run. Now presented with a crisis she has no idea what to do so havent raised rates. Europe is uninvestable. Its just returning to poor zone just with a single currency now.

>>49647641
Maybe it wasn't worth creating a common currency then, haha. But Germany fucked those counties with euro first and fucked all europe including themselves. Menace of Europe.

>>49640407
Absolutely correct. They just cope with "muh america"

>>49640407
Truth just look at their post on here ' why do Americans x' it's like they're obsessed with us.

>>49640533
>greeks
Based neets
>frenchies
Faggots with an inferiority complex towards anglos, germans, and americans
>poles
slav niggers
>dutchies
"dude weed bro!" and faggotry

Yuros have figured out how to live well on nothing they’ll be fine

>>49647229
>>49646894
>europoors coping
she made the speech as 'incoming president' of the ECB in october, before she filled the chair in november.

>She also defended the negative interest rates introduced by her predecessor Mr Draghi, arguing that people should be “happier” to have a job than a higher savings rate.
https://www.ft.com/content/eb8dae8c-fb14-11e9-a354-36acbbb0d9b6

>>49647229
>>49646894
>europoors coping
she made the statement as 'incoming president' of the ECB in october, before she filled the chair in november.

>She also defended the negative interest rates introduced by her predecessor Mr Draghi, arguing that people should be “happier” to have a job than a higher savings rate.
https://www.ft.com/content/eb8dae8c-fb14-11e9-a354-36acbbb0d9b6

>>49647229
>>49646894
>europoors coping
she made the statement as 'incoming president' of the ECB in october, before she filled the chair in november.

>She also defended the negative interest rates introduced by her predecessor Mr Draghi, arguing that people should be “happier” to have a job than a higher savings rate.
https://www.ft.com/content/eb8dae8c-fb14-11e9-a354-36acbbb0d9b6

>>49649047
You don't need to add a pic of your emotions to your post

>>49649209
>You don't need to add a pic of your emotions to your post

>>49649223
Why do you do this?

>>49640188
what am I supposed to do, nigger? send strongly worded letters?

>>49647490
>>49647322
Based southerns

>>49640188
I want EU to collapse.

>>49640188
>Why are europoors doing absolutely nothing about inflation?
they want a collapse so they can do communism

>>49650563
not partially covered version

amerigoys talking shit about other countries while they themselves don't understand their own politics. Your shitting in middle east is what kept your standard going, now you will feel the pain

>>49650697
Saved, Thank you anon.

>>49642358
euros have their own central bank

>>49650789
that's what I implied, it's the fed who were retarded and kept it to 0 for too long.

it's not the EU who caused it.

>>49650788
godspeed
i'd love to own one in person one day

>>49640407
based fuck euros

>>49650905
what stopped the ECB to, umm, like, you know, NOT keep it at 0?

also interest rates are a joke anyways central banks print out tons of money that never becomes public knowledge and distribute it to whoever they want to at the moment

>>49640188
I'm bullish on the number of her teeth

>>49640188
they've given up, it's fucked, german ppi is like 30% and once cpi catches up the eurozone is done

>>49640188
They're a client state of amerikan empire and learned helplessness

>>49640529
The majority of Scandinavia all the way down to Austria probably unironically believes that!

>>49640188
The EU way of dealing with inflation will be telling their constituents that diminishing standards of living across the populace are not only a necessity in the name of equality and climate change but also a good thing for the experiencer.

>>49640533
kek you just proved his point you midwit fucking cretin. Also you put yourselves into a fucking basket being in the EU in the first place.

>>49647272
why not just kill russians (yes, all of them) and take their resources?
seems like an increasingly probable and easy solution to this whole shit.

>>49640188
Because they can't do shit anon. Almost all of the causes of inflation on their end is either supply-side globally, due to the sanction they put on Russia or because of US federal reserve policy. Their only solution would be a long term de-globalization strategy for European self-reliance, but that'd take decades.

>>49652875
She has zero teeth.

>>49647272
>to sign a peace treaty
..and everybody looked at the date and was surprised that it already was the year 2032

>>49653515
shit I'm broke then

>>49647558
also this
topkek

>>49648600
CHECKED
This so fucking much.
It's not difficult to find "winners" during (and for some time also after) a decade+ long bull market. [or period of negative interest; or quantitative easing; etc.]
The real test is what happens and who performs good once the music stops and what used to work just doesn't any longer.

>>49650905
nvm Drumpf screaming for negative interest rates
Drumpf was an absolute retarded president.
The current one is also.
Both make King Nigger look like a hero.