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/biz/ - Business & Finance

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13068997 No.13068997 [Reply] [Original]

I'm guessing when Trump leaves office and all this growth stops, (((they're))) going to cash out and crash the economy

>> No.13069000

>>13068997
vote yang 2020 no joke that UBI will kill it for sure.

>> No.13069001

>>13068997
Trump is truly a new paradigm we mooning now

>> No.13069016

>>13069000
I probably will. Ubi is probably the fastest way to crash the economy with no survivors

>> No.13069018

>>13069000
How would UBI kill anything? Are you fucking dumb? Every fucking financial asset would sky rocket related to x + the amount of UBI inflation

>> No.13069022

>>13069016
Oh dear god, you people have no clue about eco 101. kms right now since the avarage IQ on this board is below the subhuman threshold

>> No.13069027

>>13069018
and sooo will BIIIIITCOIN

>> No.13069348

>>13069018
>speed up the bubble
>speed up the crash
Hes not wrong

>> No.13069355

>>13069018
>>13069022

>lol bro if we just increase inflation by 500% then all goods go up by 500% too!
>holy shit why not just inflation buy 10,000%!!
>No 80,000% that should do it?
>mfw people dont even know about eco 101 LOL

>> No.13069420

>>13069355
????

>> No.13069491

>>13069420
He's calling you a retard for thinking an asset matching inflation is equivalent to skyrocketing just because you cranked inflation to the max.

>> No.13069496

>>13069018
Imagine a human managing to breath and still somehow posting this ...has to be a Bernie bro

>> No.13069503

>>13069018
>i hang out with midgets so i feel tall

>> No.13069508
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13069508

>>13069022
>inflation is good for the economy

>> No.13069523

is this the sign of all signs of the upcoming reccession/crash/apocolyps ?

should we be scared?
go all in and balls deep into silver and gold?
buy food and bullets?
pray to Allah to forgive us?

>> No.13069537

>>13069523
Where already in one you tards. Waiting for big daddy government to say we are? Look around with an analyzing eye and you'll spot many sign even if you don't follow global financial news.

>> No.13069548

>>13069537
But if that's the case then why is the USD still held as the standard of paper currencies when its failing miserably?

>> No.13069570
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13069570

>>13068997

>> No.13069578

>>13069523
No interest rates going up is a good thing. Obama dropped them to 0 in 2008 to try and put breaks on the recession. It's a marker of economic good fee fees

>> No.13069582

>>13069523
>Hitler rose to power in during a massive economic collapse 1933
>Hitler said in 100 years his spirit will raise from the grave and the world will know they were right
>2019 world economy looks like it will crash any second now

Better get your longs on Nazism boys. This is the absolute bottom for the white race.

>> No.13069589
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13069589

>>13069508
>if you want to keep the bubble alive
>and give people false sense of wealth
>until the majority realizes the trick

>> No.13069593

>>13069548

The current global recession / chaos and many currency crises are driving demand for a safe haven like the dollar, temporarily. But that won't last forever. US debt grew 6% of GDP last year, the US government is essentially printing over $1 trillion dollars, or 25% of the money supply ever year. And this has been going on for a long time. In the last 50 years per worker productivity has increased over 10x due to advancements in technology, but purchasing power and quality of life of Americans has actually decreased. Advancements in technology hide the effects of inflation and wealth disparity. But technological progress is slowing, and the government is taking on unprecedented amounts of debt. With out printing money the US economy would have shrunk 3% instead of grown 3% last year which would be as bad as the GFC in 2008. But this time we call this a "booming economy," so imagine what the crash is going to be like. And I'm talking in the next few years, I'm not predicting a crash next month. Just like ponzi schemes this will go on for a lot longer than people think it can. But eventually the parabolic growth of the debt, the normalization of debt monetization through QE (aka printing money), is going to lead to a collapse of the US dollar and likely every other fiat currency. Its just a matter of when and how long the charade can last.

>> No.13069608
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13069608

>>13069593
TLDR: no decent alternatives to USD

>> No.13069615

>>13069608
You're on a cryptocurrency board faggot

>> No.13069660
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13069660

>>13069615
yeah using crypto as a safe asset, what could go wrong bud?

>> No.13069661

>>13069022
Inflation is only good for debt owners in a debt based economy. Otherwise it's just another means of taxation.

>> No.13069668

>>13069660
unironically btc will be the most stable asset in the next 2-5 years

>> No.13069675

>>13069668
especially with a blackout