/biz/ - Business & Finance

>>50064481
This is fucked. I'm shorting, but I'm wondering if they will pivot soon or not. It's fucked either way.

>>50064481
10% interest rates soon.

>raise rates %0.25
>omg why isn't inflation kill yet?

>>50064481
>Yeah lets just raise rates that works
>Meanwhile congress prints and locks down and actively attacks all productive industry
The problem isn't even (just) central bankers. It's the existence of your own government.

>>50064572
Its the jews

this is good for crypto in the long term unless they ban crypto completely in which case I will just move to el salvador to help the volunteers and fanatics to rebuild the country into a safe haven utopia

>>50064481
they can't stop it. the very idea is a farce. Even at bottom rates it costs hundreds of billions of dollars just to pay interest on the existing debt. And the debt is just going to keep increasing, they are NEVER going to pay down the principal, the very idea is ridiculous. not only is inflation here to stay, it is just going to accelerate UNSTOPPABLY every single year. It is over. They can drag it out as long as they want to while the supply chain implodes and corporations and nations start defaulting left and right and hundreds of millions die due to the total collapse of the system. they are never going to stop inflation or save the purchasing power of the dollar

>>50064481
the entire world economy is dependent on the russia/ukraine ware ending by the end of the year. food and gas prices at these levels for more than a year will cause a massive global economic breakdown.

>>50064592
lol. no it's not. people are running out of money because everything is so expensive and now on top of it people are paying higher interest rates.

>>50064577
How many jews are you electing? Are all the whites voting against it but the jews have a supermajority?

>>50064481
One of the world's largest suppliers of oil and gas is literally cut off through sanctions.
Imagine thinking this can be remedied by raising fucking rates.

Literally what the fuck is the logic here; "people will use less oil and gas if we make loans more expensive"?

The Fed can't do anything, the economy is fucked either way. The only way to bring down inflation is with a 10%+ interest rate, but they can't do that because it will absolutely obliterate mutts who live off credit, and fuck over the government which is also drowning in debt. Of course they're well aware of this and everything in Washington is just theatre.

>>50064647
>electing
LOL!
news flash, voting doesn't work

>>50064605
What a drama queen lol. That's what cbdcs are for.They exit scam the US dollar and introduce cbdcs

>>50064645
>people are running out of money
exactly my point
it won't take too long for even the normiest of paperhanders to realize fiat is a scam

>>50064605
based

>>50064652
there is no economic reasoning for it. it's a political expedient (pacifies the financially illiterate plebs) that also serves as a perfect smokescreen for controlled demolition of all markets, so all the bankers and their friends with infinite cash piles can go from owning 90% of everything to owning 99%

Rates of what

>>50064681
lol. you still have to buy crypto with fiat. what you just said makes no sense.

>>50064723
You are literally unironically a retarded nigger, how is keeping rates artificially low going to increase supply? The Fed is actively making the situation worse every second rates are not at or above neutral

>>50064618
extra special reason for them to keep it going

>>50064794
>how is keeping rates artificially low going to increase supply?
Pretty sure anon didn't say anything about increasing supply lol.
You ok bro?

>>50064496
>if they will pivot soon
why should they?

essentially the entire world economy got fucked the day russia invaded ukraine.

and nobody can stop russia without threatening nuclear war...

>>50064837
the idea is that the Fed cares about stock market valuations and will change policy if the plunge is too steep
not sure which is more retarded

>>50064605
>they are never going to stop inflation or save the purchasing power of the dollar
then why are they rising rates?

>>50064794
are you trying to ask why HIGH rates would increase supply? we're past the point of no return simply as a function of interest, it is impossible for the existing debt load to be serviced without borrowing more money, even if rates go up we will still see an acceleration of the monetary supply and spiraling prices upward, especially when compounded by the ongoing energy crisis. it is pure delusion to believe the fed can magic its way out of this

>>50064481
That's because inflation + other currency to hedge is the solution.

In the usa case it's usd + crypto

it's the only way the debt cycle can end with yield curve control and debt evaporation, the usa had a previous cycle but it ended it with rationing due to ww2.

There is 0% of chance of this happening this time so it's option a, aka argentinean style debt evaporation cycle.

>>50064577
theyre all jews.

>>50064827
>there is no economic reasoning for it
>there is no economic reasoning for it
>there is no economic reasoning for it
Fed keeping rates this low puts upwards price pressure on limited in demand goods, in reality there is no economic reasoning for keeping rates below neutral. You are a retarded gorilla nigger, kill yourself

>>50064861
Because what has to happen is yield curve control like 1942-1951 or argentina 2001-2010

The debt has to inflate away but the problem is that to do the needful they need either a war like pearl harbor did in 1942 to start this cycle or they need a black swan like argentina 2001 with 5 presidents in a week and 300% devaluation.

Otherwise it's suicidal to do the needful, so they need to larp they are doing something until they let everything go to hell and blame it on an energy shock or whatever the fuck they will this time.

>>50064876
So it seems
So it seems

>>50064861
see >>50064723
the result of rate hikes can already be observed on prices of goods, they are not accomplishing anything constructive. the fed says they want to "moderate demand", implicitly this means crashing markets, getting people laid off, and making people so terrified they stop spending and just hold cash, because the fed has no other tools at their disposal to counter rapid price inflation other than fucking things up

>>50064647
they’re all jews

>>50064886
raising rates kills the supply chain you monkey, enjoy high prices AND a destroyed economy when you could've just had high prices

>>50064481
They have to do it slowly because a huge rate rise would instantly crash and burn the entire market ten times harder.

>>50064866
In a tight market the increased borrowing capacity of low rates will be translated DIRECTLY into an upward price pressure of the in demand goods: see housing '20-'21. Raising rates to or beyond neutral will not increase supply, neither will keeping rates artificially low. Keeping rates low WILL guarantee an inflationary death spiral. You are dumb, which is why you're down ytd, kill yourself

>>50064968
we're already in an inflationary death spiral you delusional retard, prices are just going to keep going up as we enter cascading default

>>50064957
they waited at least 4 months longer than they should have to start raising rates though. they fucked up huge and now the ukraine war is making it even worse.

>>50064981
You are down ytd, you are stupid, you should not be sullying this board with your retard takes when you could be engaging productive activities like killing yourself

>>50065025
kek can't wait to see your cope when oil is hundreds of dollars a barrel and muh rates have done jack shit. your models are wrong, your are not a technocrat, you are painfully retarded and millions will die because of your extreme incompetence. embarrasing

>>50064981
Seriously, read your post "inflation is already out of control so the Fed should dump gas on the fire so line go up!" You are the blackest retard gorilla nigger

>>50064481
they know they can't fix it, their hikes are just going to case a meaningless recession that wont fix supply. pivot time.

>>50064481
They printed too much, its not a salvagable situation

>>50065071
kek are you capable of reading? I'm saying it's OVER. It doesn't fucking MATTER what the fed does, they can drag it out as long as they want but they aren't getting blood from a stone, they can't crush demand enough to keep up with declining supply that will be made WORSE by rate hikes and the energy crisis destroying production and transportation. it is pointless to pretend that hikes will do anything. hyperinflation can be exited if a currency is ABANDONED, but they've so far refused to do it, which means dragging everything down to prop up a failing monetary system. One we can plainly see will not continue to exist, once delusional retards like you are forced to face reality

>>50065057
Where the fuck do you think you are? I'd crack 7fig if oil breaks $200 and I'd die from dehydration from the non stop coooooming if millions died from it. You are a pathetic permabull faggot ngmi

>>50064886
>Fed keeping rates this low puts upwards price pressure on limited in demand goods
The main motor for inflation is oil and gas, raising rates does nothing except MAYBE suppress demand for oil and gas in an extremely roundabout way (even though demand is already down due to the pricing).

It's retarded.

>>50065145
zoomzooms first recession lol

>>50064592
I don't see any upsides for crypto. I stake mostly stables and I don't appreciate that my stables become less valuable each day because of rising inflation

>>50065202
>The main motor for inflation is oil and gas
no it's the coof and the fucktarded global reaction to it.

>>50065191
always good to see a retard competely capitulate when their argument falls apart
>>50065206
retard's first impending global debt crisis that will make 2008 look like a pool party

>>50065145
>1 mouth into a bear market
>permabull calling for the immediate abandoning of the USD to force line up
HOLY SHIT the ABSOLUTE STATE of mumus. Hahahahahahahaha hahahaha Jesus fucking Christ you are so fucking pathetic

>>50065202
How hard is it for you to wrap your brain around the concept that ultralow rates have given rise to a society that is incredibly inefficient with its resources.

>>50065252
if it's worse than 2008 then it's everyones first crisis of that magnitude. including yours.

>>50064481
They will continue doing this, it will definitely get ugly. Yet one need fiat to buy crypto

>>50065256
>laughing to hide his tears
lol
>>50065265
how hard is it for you to understand that ultralow rates are the product of a failed monetary system

>>50065289
>how hard is it for you to understand that ultralow rates are the product of a failed monetary system

It's not, I agree.

>>50065271
obviously yes, it would be avoidable but it's too late now

>>50065202
>inflation is all oil and gas! that's why houses popped 30-50% in the last two years!
This is going to be a fun decade.

>>50065238
I fancy the concept of stable staking. I keep an eye out for that on every defi platform I use.

>>50065246
>no it's the coof and the fucktarded global reaction to it.
There's still blowback from that as well, yes. The problem is the same: raising rates does not help solve supply chain issues.
All it does is MAYBE suppress demand, which obviously just makes things worse.

>>50065265
>tons of spending is inefficiency
lol what

>>50065311
>houses going up in value is inflation
lol what

>>50065289
My portfolio smiles at me mumu, can you say the same?

>>50065308
imo they can avoid it by doing a massive rate rise, plunging everything into the red for 12 months until inflation is back to somewhere where they want it, followed by more of the same zirp. or at least thats how they'll play it.

>>50064481

Yes I am enjoying all the debtmaxxers and over leveraged geniuses roping

>>50065271
If In 5 years you still in the game, you'll look back and regret that you didn't sell your kidney to buy the dip. I already bought some and i'll buy more of Matic Dot and fwt.

>>50065388
no sane person would pay money for my kidneys

>>50065323
of course it would be super attractive at this moment because the market is in the deeps. but imagine staking ETH and it does a 10x? that's why I have eth on both Binance and Freeway.

>>50065333
Wtf, is in your portfolio

>>50065398
If it worth

>>50065399
Well, i don't see ETH doing 10X atm, i think all time high was 4x if i'm not wrong. One good thing with Freeway is their unlocking period over binance

Bobos sound mentally insane and financially naive

>>50065446
ETH will do more than a 10x from its current value. Just be calm, the next alt season will start soon hopefully.

>>50064647

>>50065510
That will be beneficial to me. I'm hoping to receive high gains for my long-term holding and staking it

>>50064481
You know, gas price impact can be mitigated if people just carpooled or rode the bus/trains to and from work. But unfortunately, people would rather drive their SUV's and sedans like retards. Instead of walking and using public transportation like the rest of the world, Americans would rather drive a 500 meter distance because their infrastructure is built for cars instead of people. No wonder you Amerisharts are fucking fatfucks. Ride Public transport or walk you dumbasses.

>>50064652
>we messed up so we're going to make you destitute to try and fix the problem

>>50066175
Yes.
The most obvious signs are that they're actively trying to reduce fucking demand and boost unemployment.
This is literally what they're telling us.

Biden is literally on record saying that less jobs is a good thing.

>>50064891
>they need either a war like pearl harbor did in 1942 to start this cycle
why?

>>50064927
>the fed says they want to "moderate demand", implicitly this means crashing markets, getting people laid off, and making people so terrified they stop spending and just hold cash
that's wha they are doing. Who tells you they will stop doing it instead of keep going on for 2 years?

>>50066134
>JUST WALK 20 MILES ONE WAY TO WORK BRO
>JUST RIDE YOUR BICYCLE ON THE INTERSTATE BRO
>JUST TAKE A TRAIN THAT DOESN'T EXIST BRO
You don't know anythimg about America retard.

>>50066452
When will people realize democrats hate you? They can’t stand you. They want to kill you. They want to kill babies. They want to make everyone poor. They hate blacks, browns, whites, Asians. Race doesn’t matter. Democrats hate everyone. Just look at the cities they run. It’s riddle with drug addicts, and then they disarm you so you can’t defend yourself while their district attorneys catch and release recidivist criminals. You have to be an absolute retard to still be a democrat.

>>50064498
I hope they raise rates until ever single fucking Canadian is crying uncontrollably.
> my house value
fuck you lazy fucks

>>50064572
this is great, keep the system going while rates are raised sky high and landlords drown in their own tears

>free market
>centralized federal reserve bank

These 2 are the antithesis of each other. There is no free market when there is a central bank this powerful in the mix. Your entire economic situation and future is decided by a small group of old "economists" who have no idea what they are doing LMAO

>>50067546
>Your entire economic situation and future is decided by a small group of old "economists" who have no idea what they are doing
they are crashing economy. When they gonna stop?

>>50064680
Lol it’s too late for a CBDC, the fed is a decade behind. What code base is it going to use? Will it be programmed in-house or outsourced? How will you get every bank in America on board in a timely manner? Nevermind that it would need an act of congress in the most divisive time since the civil war.

>>50064652
>Literally what the fuck is the logic here; "people will use less oil and gas if we make loans more expensive"?
the logic is, if people have no job why do they need to drive and if people are poor how can they buy things?

but the real issue is how can we expect the oil industry to reduce the cost of oil when in 10 years time we are apparently all going electric? why would they sell it cheap or invest in oil production?

>>50067189
I live in a city, many people I know still have trump derangement syndrome and all of their talking points come from John Oliver. One of my friends the other day was talking about price controls for oil and rent. I can’t argue with stupid anymore.

>>50067189
>2022
>still siding with parties
the only retard here is you

>>50066839
Because to evaporate debt real rates must be lower than inflation for a long period of times, that means people can buy less stuff and rationing.

Argentina 2001-2010 was done by hardcore inflation usa 1942-1951 was done through rationing.

They don't really need a war tough, they need an excuse to let inflation run high for a long period of time.

>>50067664
CBDCs are a meme planned for a theoretical deflationary collapse europe would have had in this decade due to boomers not consuming.

Only imbeciles that don't read history would have not realized demographic collapses are inflationary until the population restabilizes.

Does anybody have that pic showing the fiat price of an ounce of gold in 1932 vs 2020 or whatever dates?
Asking for a friend

>>50064528
I had an idiot in here not too long ago call me a faggot for suggesting interest rates were too low to fight inflation

>interest rates don't need to equal inflation number to fight inflation faggot!!

No, but a 1.75 rate isn't going to do shit....

>>50064837
Because debt levels have never been so high. Raising rates for a prolonged period will cause a societal collapse but ((they)) seem to be ok with that.

>>50064866
>it is impossible for the existing debt load to be serviced without borrowing more money
That's true at all times for usury based """money"""

>>50067999
The feds have been debasing the dollar non-stop since 1913, why would anyone assume they’d change their behavior.

>>50064496
Here's a thought. If my boomer fucking father is telling me there going to pivot and everything will be good again in 6 months guess what?

They're not going to fucking pivot.

>>50064498
Don't get my hopes up

>>50068098
This flush is for the investors. When we have capitulated our meme stocks and coins then they pivot and price us out from everything

>btc maxis think they will just go megabrrrr and btc will be 500k next year too

This is how we own nothing. Infinite qt until death is the plan now.

>>50064498
They will have to, but In reality they want inflation at least for a little bit. Gotta let the government debt load erode away. That’s why they are dragging their feet and dicking around with 75bp hikes.

>>50064481
Core inflation cooled month over month. Close your shorts. The market is about to turn green.

>>50068543
Source?

>>50068599
https://www.cnbc.com/2022/06/30/feds-preferred-inflation-measure-rose-4point7percent-in-may-near-40-year-high.html

>>50067482
They already changed the rules on HELOCs. Can’t borrow 80% anymore, gotta be 65% or less. 12% of all HELOC money lent out was above 65% threshold and they have to start paying it back to get back down to 65% or lose their house. There’s probably so many people who bought house after house using HELOCs to fund it. Might crash like a house of cards.

>>50068543
>>50068635
So core inflation actually went down 0.2% points compared to last month, neat.

Also w ehave no one to buy our junk bonds.

China doesn't want them, Japana doesn't want them, Russia doesn't want them?

Perhaps india?
Sirs would you like junk bonds sirs?

>>50066134
expensive gas means expensive goods.

also >>50066134.

>>50068711
no. you don't understand because you're retarded

a good chunk of inflation right now is due to high energy prices due to the USA's incompetent response to Russia's war on Ukraine, plus supply chain disruptions due to covid
increasing interest rates won't due shit to fix this until they put us into recession

>>50068975
opps, meant >>50067112.

>>50068999
But that’s literally what it says:
> Core personal consumption expenditures prices rose 4.7% from a year ago, 0.2 percentage point less than the previous month

>>50069011
>increasing interest rates won't due shit to fix this until they put us into recession
we are also going to have a food crisis soon which will raise food prices and suck money out of everything other than food.
bright future ahead of us.

They started to intervene too late. That's why we are here. The disgrace of traditional finance. I think that recovery will start late at this stage. That's why I'm trying to participate in the early stage of solid gem projects. Better to win by playing games in P2Es like Blast Royale.

>>50064498
Would be based to scoop up risk free treasuries at 10%.

>>50064605
>NEVER going to pay down the principal,
There isn't really a principal on gov debt. They can just utter the evil word. Austerity and stop major expenses and just let the bonds mature and call it good.

>>50065006
rates were pinned to the floor in 2018 supposed to last for five years as per Fed own admission (wallah Yellen). Covid fucked plans but went ahead anyway to pilfer as much as possible during zero rates (wallah covid corporate welfare, wallah transitory). made situation much worse for majority facing US today.

>>50070073
"Stopping major expenses" would mean cutting Social Security, Medicare/Medicaid or the military.

The real crash is coming and it will be glorious.

>>50070023
> risk free treasuries
Someone tell him

>>50064680
How is a cbdc is going to help with inflation and US government debt implosion? Nobody ever explains this.

The fed would have to make savings more attractive than simply continuing investing using loans. As it stands, property is still an attractive investment

>>50067999
they not raising in increments because they think small changes will work they're doing it to allow people to readjust to the environment

>>50064481
I don't care. i just want to see crypto die. i had enough of biz being dominated by drooling spergs obsessed with ponzi schemes

>>50073015
Picture a CBDC minted in proportion to dollar collateral used to pay down dollar-denominated Treasury interest. However, the collateral for that CBDC is in truth a fraction to the underlying represented (like with the $35/gold peg of old) such that for every 1T of Fedcoin, only 250b of treasuries and whatever horseshit actually exist or are liquid.

I'm not sure what would need to happen for other countries to be onboarded to this sort of thing in the same way that the gold peg was trusted, but think about how advantageous that would be if it were accepted. Paying fractions on outstanding debt backed by horseshit mirage assets. Pay $320B of oldmoney interest with "320B" of numoney backed by 80B of oldmoney derivatives (worthless) and you've financed free of charge.

>>50065446
I read these pajeet bot reply chains constantly and they are never natural. Who do you think you're fooling, dropped some random name in as if it's natural bread crumbs. Fuck off.

>>50064481
Because the current inflation is caused by supply chain issues and shortages due to the war in Ukraine.

>>50064481
Hey guys I made this for you

>>50074215
AHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAH
AHAHAHAHHAHAHAHHAHAHHAHAHHAHAHA

>>50067664
After seeing how coordinated they were on the coof do you really think they'd have trouble doing all that? They probably already have.

>>50064528
they did 25 50 75 a d 75 icnoming in 3 weeks
fastest hiking ever

>>50068498
Capped

Fed has no control over interest rates, which are privately set.

>>50073015
It's a new currency to jump ship too after the original currency devalues too much. https://en.wikipedia.org/wiki/Deutsche_Mark#:~:text=The%20first%20Deutsche%20Mark%20coins,5pf%2C%2010pf%2C%20and%2050pf. Look up "Rentenmark". It's the currency that replaced the "Papiermark" that was legendary for becoming so inflated. Note that the Rentenmark doesn't fix the Papiermark - the Papiermark is fucked forever. The Rentenmark is just a replacement for the papiermark.

>>50074215
Wrong, it's primarily caused by money printing by central banks. The central banks are lying to you.

>>50076723
>primarily caused by money printing by central banks
Nope that effect already happened in 2021.
The inflation we're experiencing right now is because of Ukraine + China closing down ports and decreasing manufacturing + a decreased labor shortage in US ports.
The FED raising rates isn't going to bring down the price of oil, gas and other commodities.

>>50077263
>The FED raising rates isn't going to bring down the price of oil, gas and other commodities.
so why are they doing it and when will they stop?

>>50074659
>fastest hiking ever
Lol Volcker raised by like 5% at ONCE back in the 80s to get to 20%

>>50064481
>1.5
not only they can't get to above 2%, QE will resume before EOY

>>50064481
all they have to do is raise them to 15% and then endure an entire decade of economic stagflation and then maybe things will return to normal

>>50064481
Its TRANSITORY you fucking CHUD!

>>50064592
They will kill crypto one way or the other it only existed this long as a means to condition the public into accepting CBDC's.

>>50064592
>>50078734
can't ban crypto
can't kill crypto
eztv still running
piratebay still running
rargb still running
scihub still running
oninoshare still running
nothing you can do about it
you will be on your DEATHBED and bitcoin will still be on 99% uptime