/biz/ - Business & Finance

>>49733220
Real question is what stage are we at ?

Next level copium. Enjoy bagholding

>>49733220
This is entirely a confidence game. You will be shocked at how many "intelligent, principled" people will be straight up bribed out of their senses once they start getting a trickle straight from the government purse.

The USD is pulling a LUNA. Yes it's gone down 97% it's insanity to go long on the dollar and bet that it's impossible to happen again.

>>49733250
Bagholding what?
Anyone holding anything other than tangible assets is going to simply walk away from whatever "bags" they're holding.

A crash is the best case scenario for everyone, but they won't let it be that easy.

>>49733220
Uganda just discovered new deposits of Gold vs $12 Trillion. It's over for Gold bugs.

>>49733220
Yeah I'm betting on another 5-6 years of relative calm like the 2010's after this front loaded hawkishness has passed. Then we get another excuse to lose our minds.

>>49733220
>Countries are already talking about "supports" for people handling inflation. (looking at you Canada)
Elaborate please.

>>49733307
Fuck off, go make your own thread instead of derailing this one.

>>49733307
GESARA confirmed amirite?

So what are you telling us to buy faggot

>>49733341
>https://financialpost.com/news/economy/chrystia-freeland-lays-out-8-9-billion-affordability-plan-to-tackle-inflation
Leafs are Saved! lmao

>>49733388
Buy?

>>49733247
Bear trap. The melt up starts in July when it's reported that June inflation plummeted and the fed pivots

>>49733220
>>49733303
I agree, but they will destroy consumer demand like they said several weeks ago that the main issue in their eyes is wage growth has caused massive inflation and must be curbed. They are hoping to defeat inflation expectations + FED gets its orders from the people that are behind Biden.
Use archive or whatever extension, fuck em.
https://www.bloomberg.com/news/articles/2022-05-27/us-wage-increases-show-signs-of-peaking-in-welcome-sign-for-fed#xj4y7vzkg
https://www.bloomberg.com/news/articles/2022-05-31/biden-seeks-to-defect-inflation-blame-with-rare-fed-meeting

Powell's hands were shaking
https://twitter.com/HodlMagoo/status/1537162430949761029?s=20&t=9QMUepoEbnp0nVEILQ9Leg

>>49733502
>I agree, but they will destroy consumer demand like they said several weeks ago that the main issue in their eyes is wage growth has caused massive inflation and must be curbed.

Yep, they don't want to stop inflation, they just want to keep wagies in cagies. I think there is a problem with this, because causing more unemployment won't reverse the already significant "great resignation". As far as I can tell they have no clue how much they screwed themselves with the younger generation(s)

>>49733540
yep, they are just doing this to look good for the midterms. Powell is just a yes man that wants to keep his position. Apparently some of the Fed begged biden not to use sanctions, but were ignored from what I hear.

>>49733400
>no greedy bulls?

>>49733540
>great resignation
I’m 22 and every single person I know is either looking for a job, going to school to get a better job, or got laid off. “Kids just don’t wannna work” is boomer nonsense and businesses are getting government gibz for constantly claiming unfilled positions while using it as an excuse for worse service and muh covid higher prices.

>>49733670
>and businesses are getting government gibz for constantly claiming unfilled positions while using it as an excuse for worse service and muh covid higher prices.
This is true, but you're likely not going to notice that one or two people per social circle that already withdrew from society.
>NORMIES GET OFF MY BOARD

>>49733220
>We will not necessarily know what systemic risks they are currently balancing
That's easy: GameStop

>>49734061
>balancing
Lol
Lmao

>>49733380
>commies equate PM holders with dragons

>>49733220
Canada's aid package targets low-income wagies and dying boomers and was already part of the 2022 budget. cope retard

the WEF/rothschilds/irish wizard mafia whatever, the composite man - controls the market. LITERALLY controls it. as in every tick of every ticker planned predestined and preordained. every single move the market makes is a highly choreographed dance and the news they put to go along with it is just the music tailored to suit it.
>the mahket almost crashed in 2018 becuz da fed and da rates
it was the composite man selling and they had a ready made scapegoat.
>but the fed printed and da mahket went up
again the composite man buying a massive opportunity while they kept you scared of the big bad fed
buy good companies on the cheap, hold for decades. if the stuff you are buying won't grow and compound over decades you're a dipshit and should just buy kikedex funds.
>but there are so many random exogenous events occuring and the market is reacting to every one it couldn't possibly -
it's all one big jewish freak show.

>>49733220
Your biggest mistake is assuming the central banks have total control, they don’t and can only influence things some what. The bond market is pushing interest rates higher at a rapid pace and the banks are just playing catch up

>>49734992
>was already part of the 2022 budget.
Thanks Freeland, as you pointed out there's more on the way.

>>49733247
Fear.
Everyone is just pleading and begging for it to not drop because they are scared shitless of losing it all.

>>49733220
Stonks wont matter if people are starving. But hey i am sure $2000 for a loaf of bread will mean your portfolio has you a multimillionaire.

>>49733395
>fight inflation by increasing spending
brilliant
the bottom is officially in

>>49733220
Tell me you don't understand anything about how the Fed and the Economy works, without telling me you don't understand how the fed and the economy works: the post.

>>49735127
>You just don't understand it's just so complicated!
No. It's simple, you're just leaping at shadows and hoping for a seat at the master's table

>>49733247
We're at the slurp trap atm

>>49733247
Bull trap - we are still 3 months away from a recovery formation

>>49733670
True. And at least here companies agressively claim they can't find enough """talent""" to hire so that the government would request universities and other schools to raise their student quotas in the respective field. Obviously the companies just want an abundance of new potential wagies graduating in their field so they can push wages down.

>>49733220
GameStop is going to absolutely destroy these jews

>>49733220
they're allowing it to collapse because all the tools they use to stimulate the economy is what got us here in the first place

The real redpill is that addressing the demand-side of the economy through the funds rate is simply not going to fix the issue, and could exacerbate it, but nobody in the fucking administration or the Fed has the brains to realize this. We are in a SUPPLY driven crunch on inflation, across all sectors (Let's set aside housing for now, that's another discussion). As you jack up interest rates, you are jacking up the cost of loans to start up, or expand, production operations. Our number one priority should be slashing red tape, and creating SBA, and whatever you have the power to do, loans, to companies eager to generate domestic production - PARTICULARLY end-user product manufacturers who are trying to own MORE of their supply chain.
Take the semiconductor business, as an example to spell this out.
Chinkycough came around, and Chinese production plummeted. Fabs that WERE in operation decided "People won't be driving in lockdown, and WFH will skyrocket. Let's upgrade fabs from the old (larger) nm tech that the automotive industry uses (for good reason, for safety provability, etc), to consumer electronics grade". Lockdowns went away, credit became easy, and demand ran back to previous levels in the auto industry. But now, due to all those fabs gearing over at the same fucking time, they were caught with their pants down, and a shortage of auto chips developed.
Ford and several others are trying to spool up their OWN fabs, to own their ENTIRE chain. The administration should be incentivizing factories creating tangible goods other businesses need, while telling the businesses consuming said goods " 10% of your XYZ sourcing MUST come from these DOMESTIC companies, WHEN POSSIBLE.".

>>49735411
Meanwhile, those domestic companies are operating at reduced capacity with subsidy, building professional expertise. Next time there's an exogenous event in the supply chain, all of these spooled-down suppliers can immediately spin back up, have business relationships built with their demand businesses, and get the fuck to work training the next 75% of their workforce through the guys who were working in that steady state.
But that requires forethought by an American administration. God forbid.

>>49733670
people who've given up don't go out anymore

>>49734937
>commies equate PM holders with dragons
>he doesn't consider himself a dragon holding PM's
yngmi

>>49735411
checked but that is a 125iq take
they are doing exactly what they are told. This is a controlled implosion

>>49735055
I agree. There are still people buying the dip, Saylor and Bukele are still alive, people still predicted $100k BTC by EOY, etc... Redditors are trying to catch falling knives and refuse to accept they were exit scammed, instead begging scammers to 'unfreeze' their nonexistent coins.

Capitulation when even the fanatics are trying to leave and nobody wants to get in. Many coins go no-bid. The idea of buying $1000 of DOGE seems ludicrous.

Bottom is when nobody talks about investing for a year. You dont hear anything of crypto in the mainstream for a year. People are embarassed to admit they invested in it before. Think the opposite of Elon Musk dancing as Wario and shilling DOGE on SNL. Opposite of Matt Damon on the spaceship telling you to be brave and invest in Crypto.com's 20% APY staking. Buy back in when it would be the opposite of what the normie public would do.

>>49735470
Here's my question, which I've asked fellow WN bros without a clear answer, as well. Why do a controlled implosion? Odds are you lead to something like the snap-back to Weimar conditions (whether it's inflationary or a recession), given the conditions the country is experiencing right now. There's no clear incentive. Unless your thought is that these people are full cash, and planning to buy up all assets at the bottom. In which case, do you have indicators of this? As far as I can tell, boogymen, such as Black Rock, are still balls deep in their sectors.

>>49735490
I would argue that NFTs made investing in crypto nuclear radiation to a LOT of normies ALREADY, a long time ago. I still blame the NFT market (which, if you haven't worked with blockchain code... that shit is almost always just a fucking metadata chunk on the chain, which points to a CENTRALIZED SERVER where the image, or whatever, is stored. Lmfao) for BTC having not hit 6 digits this cycle.

>>49735518
let me rephrase. "snap-back to Weimar REACTIONS". Which, "they" don't want. Obviously.

>>49733220
>nominal yields rising is going to tank real estate.
Really? So all the institutional investors paying exactly 0% interest with their cash purchases are going to start panic selling their investments for pennys on the dollar? Do explain

Let it all burn and give me those neetbux faster. Chop chop. Not working now. Not working when it all collapses. Not working period. You are free to lap up the shit off my ass at any time though. Get your nose in there and breathe deeply.

>>49733307
Silver was probably favored by Egyptians due to the fact that you can find huge, dense gold deposits.

>>49735490
You literally are the normie, don't play yourself
Normies aren't buying in right now because they're calling for lower prices.
Newsflash: It's not coming for awhile. We've locally bottomed out at 20k. Bear markets typically only last for a year, or however long until people are shaken out.
Everyone is calling for a recession it's the most midwit take around - the time to hedge against a crash and inflation was a year ago, not now lmao

>>49735660
Normies may be calling for lower prices but something called the real world and fuel prices will take their minds away from crypto. I swear this thread is literally cope.

>>49733307
WAKANDA FOREVA

>>49735589
>Let it all burn and give me those neetbux faster. Chop chop. Not working now. Not working when it all collapses. Not working period.
oh, theyre not gonna let you not work if it comes down to this ubi/nwo bullshit. they will find some busy work for you.

only way to not work will be to maim yourself and live for free in a pod or live off the scraps of the poor

>>49735660
>stocks down 80% across the board
>crypto down 80% across the board
>senile retard in the white house
>oil almost $10 a gallon
>TIME TO HEDGE BOYS

>>49735544
well the images on sol nfts are on arweave which is decentralized

>>49733307
>Uganda just discovered new deposits of Gold
I'm sure Uganda will be a bastion of efficient mining operations

>>49735570
Inflation kills boomers who live off of pensions and social security. Their 401k accounts tank with the market - they are all in index funds.

Other people might feel comfy with their cheap mortgage payment, but if gas and food and energy and everything else triples in cost or they lose their job, they still struggle to keep their house.

Many homes aren't owned by residents. There has been a massive movement over the past decade to flip houses and that market is saturated by amateurs now. People stringing together HELOC loans and refinancing in order to buy a chain of investment properties on debt. What happens if there is another rent freeze or people who have assembled a $5 million portfolio of property on a string of loans from a $75,000 income start to wobble? People will see property value go down and try to escape with their money before everything goes underwater and they have nothing.

>>49733220
this is pure fucking cope

>>49733220
>The system quite literally can't handle a nominal recession
why not?

>>49733247
Bear trap

>>49735718
you're thinking like the mainstream
therefore you're wrong
i was accumulating cash all last year when people were telling me cash is worthless
im now accumulating crypto when people are telling me that prices are going to way lower

we are way closer to the bottom than the top. if you're not buying at these levels you're either a poorfag who needs to nail the exact bottom in order to make money, or simply just a low iq mouthbreather.
willing to bet you're both kek

>>49735835
Lol, my holdings are set for what is about to happen. This is the great shakeout, too bad people cant see the writing on the wall that 99% of coins will end up being worthless.

>>49735800
>>The system quite literally can't handle a nominal recession
>why not?
Not for very long. Their alchemy is limited only by people's confidence in the system, now that confidence is fading they will literally resort to bribing people to maintain the illusion.
It will come at a cost, you may have to accept UBI with your digital ID. Maybe more injections, don't worry they'll take care of you.

>>49735544
that's why icp is going to be the chosen chain for all web3
no cdns

>>49735127
>tell me x without telling me x
Shut the fuck up zoomer with your fag speak. On the off chance that you aren't actually a zoomer, why the fuck would you choose to talk like one?

>>49733303
Devaluing a currency x20 over 100 years is not even that bad. Many countries already changed their currencies multiple times over that period, the devaluation there is more like x1000-x1000000.
>>49733380
The artist tried to mock the gold bugs, but failed: the dragon is right. Hoarding papers is the shittiest idea when you have a lifespan longer than of the nearby countries.

>>49735490
There will never be a time again when no one talks about crypto for a year, also your take is normie tier

>>49733395

>>49733395
>printing money to save the poor
This is how socialist countries go down in flames.
I am starting to think that not committing 100% to Canada immigration was the right choice.

>>49736190
I was born in the early 90s, so no, I'm not a zoomer. Here, let me translate. You're failing to understand the nuances and mid-term movements in the market. And, a recession will not be something that system "quite literally can't handle". And, no, the Fed is not going to hyperinflate the USD like in the wet dreams you just started having last year when you hit puberty. We do, indeed, have cyclical bear markets in peoples' lifetimes. This is likely your first. Welcome.

>>49735273
nigger

>>49733307
Brilliant. I can buy more, and then when doubt sets in around their supposed claim and the price bounces back overnight, I will make a vast profit.

we are witnessing the birth of the new monetary system; how horrible it is see a birth
>pic related

>>49735763
>Uganda
Is probably going to get ‘liberated’