/biz/ - Business & Finance

>>57486390
you are at 67k about to be rugged

>>57486409
you mean the current price is 67k equivalent of 2021?

>>57486445
price and price action

Nah, the entire paradigm changed. Economies don't crash with hyperdeflation anymore, they crash due to hyperinflation. When markets start to tank the bank props them up with cash and it's the cash that becomes imperiled. Crashes look more like Argentina/Turkey now, less like 1930's America.

>>57486390
No, doesn't sound anything like today:)))

>>57486492
inflation always props up the stock market in the first world
>>57486506
fake news, it literally sounds like tech today

Pump? Yes. Big crash? No.

Remember that debt is literally money under debt based fiat, reckless monetary expansion under backed/limited fiat will eventually lead to an asset price constriction due to default on bad loans and subsequent monetary constriction, but under pure fiat the only limit to the theft, for nothing is created when new money is created other than a new fraudulent claim on existing resources, would be the wagie debtslaves revolting, but they continue to happily take it up the ass.

>>57486595

Look up what a deflationary spiral is. The conditions that made the Depression as ugly as it was no longer exist today. I'm not saying an ugly crash is impossible, I'm saying it won't look the same because the entire structure has changed. They deflation-proofed the entire economy and now our biggest constant risk is inflation, we also get progressively poorer at an accelerated rate in income.

>>57486605
money is debt
if debt is not enforceable (or solvent) you have the crash
it will happen, FED is private and they will protect the dollar

>>57486605
They will crash it man, the nasdaq will tech a huge dip same as it did in 2008
>>57486612
pic related, there is no deflation, we're at the beginning of hyperinflation

>>57486626
this, they will crash it perhaps even worse than 2008 given that we're almost in war times, he doesn't get it, tech and services industries will crash hard

>>57486651
this shill is trying to take your dollars
do not buy doggie coin to fight inflation
the shill is here for a reason
keep your dollars

>>57486686
lol, sell your dollars for gold land and military stocks at the right moment you retard

>>57486701
military stocks > gets blown up
gold > is near worthless in war
land > requires someone to work it - not an asset, if no work is available

>>57486626
>>57486651
No. Money literally flows, monetary expansion causes money to flow almost exactly like electricity, it flows into low impedance (liquid) assets just as electrons flow into low resistance, or water flows into unobstructed channels. The wage/productivity divergence e.g. is caused by this phenomenon, as labor is an exceptionally illiquid/high impedance asset. The same pattern is seen in other illiquid assets like housing, notice that high-end housing has seen a SHARPER decline (factored for money stock) than low-end housing, which is to be expected as high-end property is even less liquid than normie SFH. In contrast, low impedance (liquid) assets such as gold or equities move in lockstep with monetary expansion, in effect, monetary expansion is a parasitic transfer of resources from the whole of the economy to low impedance asset holders. Literally the mechanism behind oligarchical parasitism. No crash, only you, the pathetic wagie debtslave getting poorer and poorer forever.

>>57486651
Also, you're contradicting yourself in your own post, "we will crash because hyperinflation!"