/biz/ - Business & Finance

>>55990966
If we get Weimar, we also get Hitler.

>>55990981
There aren't any whites left in amerimuttland retard, this isn't Europe

>>55990981
No Hitler this time. Hitler was the last Hitler.

>>55991001
>>55991005
Glownigger seethe.

whatever /biz/ says do the opposite
>buy crypto
sell crypto
>invest cash
hoard cash
>don't travel
travel
>don't go to college
go to college
>etc.
etc.

you literally cannot lose this way

>buy my bags
>Please gibs me your cash
Lol

Who could have guessed decoupling your currency from something tangible and using a house of cards built of "financial instruments" could go wrong?

>>55991076

>>55991028
You don’t deserve to escape USD. Little sheep like you crave the slavery it brings. Alas it is unfortunate your masters are simply too greedy - and the collapse is happening regardless. I bet your options feel limited, stick to what you can afford as it withers away day by day.

>>55990966
cash can lose 90% of its value every 50 years, and the economy can continue normally

>>55991645
Tbh that graph looks like it's bottoming out, at the very least the rate of descent is slowing down.

>>55991145
>left picture is 1 year before one of the most brutal wars ever and a decade before the Great Depression
Must be a weak man hurr durr

>>55991707
that's because it is. costs of everything have stabilized in the last nine or so months, in some cases they've gone down (groceries particularly). the only things remaining stubborn are car prices, which continue to go up both on the new and second-hand market.

>>55991707
Bro guess what happened the last 20 years after that chart? Worst inflation than you can imagine. The end of buying a house on low income that’s an easy example. The chart looks bottomed out similiar to shitcoin charts before they quickly drop 20% in a day as their value continues to spiral ever lower. It’s a hilariously bad spot for the dollar. You can’t buy anything on an hour of minimum wage like you could in the year 2000 BOTTOM listed here. It’s BAD. Cash is DEAD.

>>55991774
we aren't going to give you real cash for your bags anon. its not going to happen, you're going down with the ship. nearer my god to thee. at least be noble about it.

>>55991800
Nigger I haven’t even mentioned my bags. My worst performing bag is CASH. You can choose to ignore what I shared, the truth hurts. Doesn’t change the fact you are a fucking sheeply little nigger.

>>55991001
if a person can unite american citizens of different skin colors together, that individual would be unstoppable by any government organization.

>>55991005
Something like a Hitler maybe not as deadly. Before we get startrek universe.

>>55991005
the next hitler will probably be Dominican or something gay like that and I'll probably support him. fml

>>55990966
Solution is to back 2%-5% of every dollar by BTC

>>55992003
That way as they print the dollar retains value because BTC goes higher. All fiat currencies doing that gets us to 10million dollar BTC

Fuck u mean goofy ahh. I luh dat cash nigga. Cash is king

>>55992003
Lol
>Buy my bags
Crypto is worthless. It was from the get go a way to get revenge. Larry and co are going to hold these worthless bags of shit to 0

>broke niggas hate cash cuz they aint got any
LMAO BRUH IM DEAD

>>55992454
>>55992477
I love these pictures where they show off their entire net worth do you have more

>>55990966
>2 more weeks until hyperinflation!
I've been hearing this for 2 years now, when does the 2 weeks come?

>>55993290
Let me put it in terms you sheep understand
In 1996, the cost of a Big Mac was $2.36. In June 2012, the cost of a Big Mac was $4.33. With the latest data in December 2021, the cost of a Big Mac was $5.81. This $3.45 increase in the cost of a Big Mac is the effect of inflation over the past 25 years.

>Put another way, if you could have purchased a Big Mac every week (52 per year) in 1996, by June 2012 you could only afford 28 burgers each year, and by December 2021 you could only afford 21 burgers each year.
In December 2023 that would be like 15 each year. Cash is a corpse.
https://www.forbes.com/sites/davidmarotta/2023/01/13/big-mac-index-shows-official-cpi-under-reports-inflation-2022/amp/

>>55995092
the reality here is that fast food collectively realized that their customers are addicts and will pay almost anything. so they started just cranking prices and they won't stop until they have found the financial limits of their goyslop consoomers.

if you look at actual food prices, like you go to the grocery store and look at the real food not bullshit goyslop like cereal or potato chips, they have pretty much stabilized. many items, like eggs and canned food, are almost at pre-pandemic prices.

the big mac index is low IQ memery and its being weaponized to get you to part with your actual real money out of fear.

>>55991027
If you hoard cash thats fine. You will never afford a house.

>>55990966
>Run the numbers on this chart
>Works out to about 2.5% inflation a year
Whoa... Over 100 years of normal inflation... Weakens a given currency by a substantial amount... Wow.........

>>55992530
they dont show they most valuable asset: the bbc

>>55995123
Average rent prices have increased 8.85% per year since 1980, consistently outpacing wage inflation by a significant margin; 2021 was an exceptionally volatile year for the market, which appears to continue in 2022.
According to some measurements, the national average rent increased over 18% year-over-year from the first quarter of 2021 to the first quarter of 2022.

>>55991076
Cash is trash
https://youtu.be/h9n5qvY3I7g?si=IshpCbEPKP9KMaeb

>>55995623
Only druggies and losers still rent. Everyone else bought a cheap house in 2020.

>>55995123
The 5 cent hamburger that you can no longer rationally afford you have decided to ration in your mind is not good food. What is good food to you anon? A 1$ bug burger?

>>55991833
dude legit i read this and was thinking "is this guy stupid?" damn that shit was funny ngl

>>55995532
its not just nominal inflation... that would mean that only the dollar amount of things have gone up which is only partly true... they have gone up but so has CPI and at the same time the real value has consistently been going down

>>55991955
are you fucking stupid? or are you a kid? this isnt something that has randomly happened because policy makers and banks whoopsie daisies messed up lol this was intentional and quite honestly has been an issue for decades. The thing is when people can sit down to read up on the info by reading a book or listening to lectures on the topic because they are too busy working to live and not get kicked out of their apt or lose their home well the simplest thing to do is let your ignorance take over

>>55995123
brother "prepandemic prices" isnt a thing man jesus christ. thats like saying I shot you in the leg and shatter the bone and 7 months later come back and say " oh wow your leg is almost in preshatter condition" thats not fucking good because I fucking shot you in the first place. it doesnt make sense to use that as a indicator of economic health

>>55992454
sure its the easiest way to keep your finances PRIVATE and away from prying eyes and sticky hands (digitally)

>>55990981
Thats cool... what about mussolini?

>>55990966
line flattening OP

>>55991982

>>55991145
"Hard times create strong men" is the unproven link here.
From what I can see, hard times makes men turn into basement incels, trannies, porn addicts, sociopaths, dysgenic mutts, low IQ individuals, and murderers.

Gary Coopers aren't just going to spring out the ground you know.

ya the occasional wank is becoming not so occasional but ehhh porn addiction doesnt seem like a real think desu. shit we like jacking off

>>55997606
and yes undue hardship for no fucking reason when everybody else isnt going through it is called discrimination buddy lol

>>55990966
>not using a log scale