/biz/ - Business & Finance

>>56497984
Just print it away newfag lmao

Have they tried turning the economy off and turning it back on again?

>>56497984
Are you telling me that bond yields are inflationary? What the fuck? Why are the yields so high then?

>>56497992
Yes actually

>>56497984
50 PERCENT OF ALL US INCOME TAX MONEY GOES SOLELY TO PAY INTEREST ON THE GIGA DEBT KEK

AND ITS ABOUT TO GROW BIGGER

25% OF TOTAL US YEARLY BUDGET MONEY NOW GOES ONLY ON INTEREST ON THE GIGA DEBT

>>56497989
This is from "printing."
>>56497984
Every day the fucking jews on NPR have been talking about how "the real problem here isn't deficit spending but the tax cuts." They're not going to inflate it away and it's looking more and more like the fed won't cooperate with that.
It's going to be way worse than people think.

>>56497984
>HOW DO WE FIX THIS?
the plan :
1. finance a terrorist group inside a concentration camp
2. organize a rave party in the desert next to a concentration camp
3. turn off camp surveillance cameras and make the soldiers monitoring the camp look away
4. tell the terrorist group everything has been green lit, and give em go pros to film them
5.terrorists do the terrorizing
6. start crying on TV, muhh 60 gorillion, muh holocost, muhh muhhh
7. start eliminating every single baby, woman father in the cencetration camp, all while crying on TV
8. call papa eagle for help, papa eagle sends 6 fucking warships to help you kill people with rocks
9. get the fucking countries around you to attack you, but you have papa eagle here to help you
10. papa eagle finally has a valid excuse the erase all the debt they owe to asia, the middle eat and russia, by bombing all of the middle east, and get FREE OIL FOR FOREVER
11. claim that you did all of this for ISRAEL
12. write in history books that you are a hero, and saved jewish people from a second hoolocaust
13. WIN
THE END

>>56497989
FPBP, boomers and chuds will seethe but nothing happens

>>56497984
NEW PARADIGM

>>56497992
>Have they tried turning the economy off and turning it back on again?

I mean wasn't the pandemic just that,basically?

>>56497984
Who does this “interest” actually get paid to?

>>56498066
who indeed

>>56497984
It cannot be fixed. This is why usury and debt is evil, why countless civilizations banned it and expelled the jews.

>>56498066
Treasury holders. American citizens, banks and other financial institutions, corporations, foreign governments etc.
>American citizens
Yes a lot of that money is going back to Americans directly or indirectly, and is a form of inflation and hidden stimulus. It’s also taxed, and is a somewhat significant source of tax receipts, ironically.

>>56498076
Ezra Pound is that you?

>>56498029
I owe taxes, but I don't own anything so I don't give a shit lol. What are they gonna take? My generation was fucked. They can print it. I'll stay at my moms and eat chicken nuggets. They want to send me to prison? Okay. They can pay for my room and board and 3 meals a day. They really can't do anything to me, you can't take from a man that has nothing. lol, lmao

>>56498042
Unfortunately this is the bear trap.
Welcome to the debt century.
Soon banks will offer baby loans- Loans you can take out when pregnant because having children will be so financially unviable.

>>56498034
>deficit spending from war will fix this.
We got here by doing war time levels of deficit spending. War will only exacerbate the problem now.

>>56498107
Having children is free. The socialization involved is what costs money. If that happened people would just have children themselves and wouldn't register them with social security.

i have 65k in treasuries. you will pay me my interest.

>>56498106
Yes but in the mean time there will be serious deflationary hell.

who are they paying debt to?

>>56498109
that's the whole point of the great reset no? resetting all the debt and starting fresh from the start. a ww3 could erase all the debt.

>>56498133
to the people who lended money to the usa by buying bonds?

you dont know what bonds are?

>>56498017
yeeeaah im still just gonna pay my taxes and eat goyslop. comfy this way.

>>56498106
jimmy zhong, who was always a federal agent and played the role of crazy rich "bitcoin OG" in the latest crypto promoting documentary psyop, supposedly only got a year sentence in adult day care center for "wire fraud" and no charges of tax evasion for what looks to be much more than any of us on this board could ever dream of cashing out.

he will end up having a more pleasant time in prison than being free. he will regain a disciplined lifestyle and reassess his degenerate lifestyle choices, all the while sobering up and making friends with genuine people inside that he could never find in the "real world." jimmy, if he fr fr (he is not), will come out of prison a changed man and live a much more rational life with cold wallets that have gained in fiat value and leave him without any financial worries.

>>56497984
Hopefully it reaches 2 trillion by the end of next year.

>>56497984
Heres my plan:
Pass a bill in congress that ends the fed and resets the dollar on gold or oil or something like that issued by the treasury. Before the fed is ended they create enough money to liquidate all debt. Easy peasy.

>>56498147
The United Kingdom paid off all its extant WW2 debt like 7 years ago dude, think again.

>>56498147
>hurr durr wars erase debt!
>WW3 will erase the debt!

NOPE
>have to spend 10-30 billion a ship getting the US navy to WW2 comparitive levels
>$200+ billion for every new Corps size element that isn't composed primarily of the lightest of light infantry
>$100+ billion to generate another Armored Division - and we'll need like 4 more of them bitches because 1st Cavalry and 1st Armored can't be everywhere at once

>>56498017
Dont they print new money for paying the interest on debt. I doubt tax money directly goes into paying interest .Its a good comparison nonetheless

muh debt

>>56498636
Money is "printed" by borrowing. If we printed money to pay interest that would mean we're borrowing money to pay back older debt.
This is a de facto default. We're not there yet.

>HOW DO WE FIX THIS?
cool it with the antisemitic remarks

>>56498017
you can make a nice chart on FRED

>>56498034
this

>>56498248
To whom? The US

>>56497984
>HOW DO WE FIX THIS?
We don't, but at a personal level you should imperatively protect yourself with gold and silver. This will be our only chance at weathering the storm.

>>56498133
The tribe that owns White slaves

>>56497992
Ah... literally. Now both sides of the Christmas tree are blinking and Joe's dick is stuck in the ceiling fan

>>56497984
you are already printing 1,4billion an hour.

>>56498109
>he doesn't know about warchest economy
you plunder the other countries, duh

>>56498856
deserves a (you)

>>56499407
Show chart, because this is not true.

>>56497984
Can't the gov just go Fight Club this bitch, factory reset to a new currency and have everybody praise the gov to reset every debt in existence?
Sure, Weimar inflation levels would be horrible.
Though, everybody in the west would be debt free

>>56497984
The dollars don't matter, the main thing is the government controls the community's resources and they are going to continue to increase the level of control they have. "Paying back the debt" (releasing the government's control over resources) means having a revolution and getting rid of the regime, there's no other way.

>>56498636
government borrows those printed money
has to pay them back, but does not have the magic printer

>>56499451
Why am I even working and paying taxes then? Never work again and just 'reset the debt' every so often.

>tax revenue going down
Oh oh
Spaghetti oh

>>56498716
>that would mean we're borrowing money to pay back older debt.
isn't this how the actual debt is paid back? it's refinanced by creating new bonds to pay off older matured bonds. The interest is what's left over to pay for through other means, but they could simply pay interest with new bonds, further accelerating the total debt.

>>56498002
The government is supposed to have a surplus right now and be able to absorb the blow of high treasuries but real Keynesianism is a pipe dream apparently.

>>56499844
Yeah problem is when interest is 5000x higher during refinancing your interest expenses now sky rocket even higher

>>56497984
use the 2 trillion in student loans to pay down 1 trillion in US debt, we've have had surpluses before, Bush Jr used it to start medicare part D FED makes money all the time. republicans love giving welfare to blacks long as it benefits private orgs, well same with dems. there is nothing different they both just want to score touch downs while wearing whatever jersey suits them

>>56499757
Well since this situation never happened before, it'd be a historical event in Americas history that'll go into history books.
It's not like they do that every few hundred years.

>>56497984
Well, the government caused this.
Hmm mmm
Hmmmmmmm
Hmm
How do we fix this
Hmmmmmm
Hmmmm
Hmmmmmmmmmm
Hmmmmmmm
Hmmmm
Gee I wonder how we fix this hmmm
Hmmmmm
Hmmmmmmmmmm
Hmmmmm
Hmmmhm

>>56497984
> the US will need a way out of this dilemma
Why do you think they implemented BTC?

>>56497984
>pls more gibs to niggers
we can thank this defecating pedofile for this

>>56498002
everything is inflationary when government is involved

Let me drop some real numbers

>>56497984
>HOW DO WE FIX THIS?
pitchforks, torches, rope, lamp posts, guilotines, public examples

>>56497984
>''The United States can pay any debt it has because it can always print more money to do so'' -Alan greenspan
What's there to fix? Greenspan said it's fine.

>so long as boomers hold all the scare resources, and through that enslave everyone else, everything is fine - all-thus the boomers in power

>>56497984
ok, enough. I'm saving in chinese yuan instead. Thank you for the info, jamal

>>56499757

>>56498017
So how many wars can we afford 2 or 3?

>>56498011
Nah that was just a test run. "WWIII" will be mostly cyberwarfare and result in new currencies and sovereign debt reset. They might even detonate a nuke somewhere in the old world to sell the whole psyop.

>>56499757
Yeah its called bankruptcy and is sometimes the best option for long term financial health, for example if you have spent yourself into an impossibly deep hole with retarded spending

>>56497992
Tonight

>>56499451
High IQ people that saved and invested would be fucked. You'd just reward people that can't plan ahead and eventually you'd end up in a situation similar to Idiocracy.

Forced arranged marriages are SO kino.

>>56500526
Why not just save in crypto or metals?

>>56501052
Don't they actually win, since they invested in assets, instead of those in debt or who believed in paper money?
As >>56500674 stated, sometimes a bankruptcy is the best move, to restart ones business.
I don't see another scenario how else we could get rid of almost 1 trillion $ in debt, besides just nuking everybody who we're owning that cash to or a factory reset to another currency, Weimar-style.

>>56499844
No it's paid back with taxes although we're running out of room there.

>>56497989
The world is catching up to the scam. America will soon not be able to print itself out of economic problems.

>>56497984
Rate cuts are coming before Christmas. Screenshot this

>>56500668
>reset the sovereign debt
What kind value dollar will hold then?

>>56498076
based

>>56498034

>>56497984
Needs to be in log, can't see shit. Looks like this chart was doing 2x every 5 years in the 70s and 80s as well, only in the 90s and 00s did it cool off.

>>56504418
agreed. from 1980 to 1990, the interest payments tripled