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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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15566805 No.15566805 [Reply] [Original]

>> No.15566812
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15566812

>>15566805
They goin in without the lube

>> No.15566823
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15566823

>>15566805
what does it mean?

>> No.15566824
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15566824

Europoors BTFO

>> No.15566835

>>15566823
negative interest rates for you Anon.

Also reserve bank printing money

>> No.15566837

We've been doing this for 11 years

>> No.15566838

>>15566823
It means buy gold ans silver you faggot monkey gook

>> No.15566858
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15566858

>>15566805
Not good enough wagies, I don't want your shitty debt at this price yet, once the house prices drop 40% AND you're paying me to borrow maybe I'll consider moving out

>> No.15566870

>>15566835
>>15566838
jokes on them, literally all my money is in chainlink and LP

>> No.15566900
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15566900

BITCONE GOIN TO DA MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON

>> No.15566903
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15566903

>>15566805
they have to there is no market on private side for european bonds anymore, if there is no ecb buyer the rates would sky rocket and bankrupt the indebted euro zone.

>> No.15566907

>>15566858
Based. Actually looking to buy a house myself

>> No.15566908

what is this going to lead to?

>> No.15566915

>>15566908
Nothing good.

>> No.15566918

>>15566908
btc 15k eoy

>> No.15566929

>>15566903
does this mean i can finally buy an italian chick?

>> No.15566932

>>15566805
Silver Chads rise up! Our time is now!

>> No.15567207

Satoshi predicted this

>> No.15567272

>>15566823
USD and us bonds going up. Yields going down.
More pressure on us gov because debts and higher usd. Short eu banks.

>> No.15567407

>>15566908
The next bottom of the never ending business cycle

>> No.15567462

>>15566823
It means I can afford a house now. Interest will be only 0.5%

>> No.15567472

Draghi is a goldman sachs henchman. Did we expect anything different? GS runs the world.

>> No.15567477

Ofc they did. FU Ameripoors

>> No.15567489
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15567489

>>15567472
And his replacement is Christine Lagarde.

>> No.15567494

Also the repercussions of this wont even be felt for another decade when it all finally boils over. 95% of people dont follow the central bank quarterly announcements or even have a fucking idea what theyre talking about. And this is majority of the population. Sheep you follow blinldly get slaughtered. Theyll just run up the prices of assets, devalue the currency to fuck all and let the poor people fight it out with each other.

>> No.15567559
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15567559

>>15566812
This

>> No.15567572

>>15566805
long bitcoin faggots

>> No.15567610

>>15566908
it'll cause goldbugs to start yelling about hyperinflation breaking out any day now but in reality notting will happen because monetary policy is weak as shit and can't stimulate anything much as should be obvious by now

>> No.15567893

>>15567610
well, if they tie it all in with cashless society, or total control of money by banks, it can actually work. Then again, it won't matter how much they "print" now

>> No.15567923

>>15567610
the thing is there wont be any inflation until it comes big. euro goldbugs will win.

the moment stocks stop paying dividends due to bad economics money will flee the markets and pour into real things. thats the moment the fun begins

>> No.15567938

>>15567923
I wonder how long before owning physical gold will be illegal in the EU

>> No.15567957

>>15566918
More like 25k

>> No.15567974

>>15566870
>literally all my money was in chainlink
ftfy
sorry for your loss

>> No.15567986

>>15566805
Made my forex trades in minutes instead of days thanks to this announcement.

>> No.15567999
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15567999

>>15566805
europoors will continue to be poor

they need fiscal policy like tax cuts and austerity not more fucking cheap money

>> No.15568005

>>15567999
>austerity

you mean like bank bailouts and illegal immigrant handouts?

>> No.15568007

>>15566908
A shitty appartment in a european city will cost 15M euros due to inflation.

>> No.15568036

>>15568005
no I mean cutting government spending, bureaucracy, and lessen the power of unions

these Euro faggots have a strike every other week and wonder why the fuck there's not economic growth and no productivity

this whole pension-nanny-state bullshit is going to come crumbling down when there's not enough young workers to support these lazy yuro-retirees

>> No.15568053

>>15566900
hodetwins are based.

>> No.15568074

>>15567999
Based trips
Problem is G*rmany has started to be in a recession so the ECB will just lower and lower interest rates till they can raise their fat asses again.
>>15568005
This only if you’re non-German or French part of the EU

>> No.15568080

>>15566823
It means brexot will be even more likely to happen. It means Troubles 2.0 electric bungaloo. It means Greeks, Italians, and Spaniards will have some budget issues. And all of this will start to hurt the US market.

>> No.15568094

>>15568007
Inflation is never gonna happen. European welfare state crushed because they’re borrowing money to make people retire and have nanny state and the few who work paying their pensions? Soon.

>> No.15568102
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15568102

>>15568080
WHAT DOES THIS MEAN FOR MY LINKIES?!?!?!?

>> No.15568110

>>15567938
they won't go for gold but I imagine they may crack down on crypto

>> No.15568133

>>15568007
Not just inflation, but as rates go even further negative holding hard assets will be the only way to protect wealth. This will drive prices up. We are heading back to the land owner caste where land is so expensive only the rich will own it.

>> No.15568142

fuck quantitative leaning...

>> No.15568194

>>15568094
Inflation is not happening because the youth has been assraped by qe.
Only way to protect wealth will be hard assets or crypto so housing and cryptos are going to the moon.

>> No.15568208

>>15566858
based and notgonnabuybagspilled

>> No.15568215

>>15568102
your stinky linkies are a scam. but there is free money in the market, so crypto as a whole will most likely rise.

>> No.15568241

>>15568194
this. QE has fucked this generation harder than any other single measure. Boomers all owned houses and big bags of stocks they bought for pennies, so they're content watching them moon, whereas anyone who has been in the workforce <10 years has seen their purchasing power destroyed and is on the outside looking in as homes and stocks skyrocket.

>> No.15568333

>>15568241
...which is why socialism is becoming increasingly popular with the non-asset owning class aka millennials. When a socialist wins the US election in 2020 and REALLY prints money, I think we'll finally see that elusive inflation that the FED wants so badly.

>> No.15568334

>>15568241
>QE has fucked this generation harder than any other single measure
>"This generation" uncritically going into debt for meme degrees with no market value
>"This generation" taking on so much debt because they HAVE to live in the inner cities that banks are starting to balk
This generation is fucking itself. My parents only managed to buy a house because they were married and had two incomes and the interest was 12% at the time. Meanwhile, we're looking at record low interest for the last 2 decades and people are just heaping on the debt because there is zero sense of accountability.

>> No.15568340
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15568340

>>15568215
You're retarded.

>> No.15568344

>>15568241
>>15568333
Correct but the socialism part will only make things worse also I don't think the youth will hold boomer bags much longer with this insanity nor they will consume this will cause a massive slowdown.

>> No.15568360
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15568360

>>15568344
What should I hold? Gold? Guns and ammo? Dog shit?

>> No.15568381

>>15568334
The millennial generation is the most highly educated of any generation in history you fucking boomer. They had nothing to do with this money printing regime imposed by old fucks hoarding assets.

>> No.15568385

>>15568334
In 1920 a house in Manhattan costed 9 months of salary of the poorest worker in a factory.

In 1970 24 months after the end of the gold standard in 1990 5 years and after 2008 qe it takes decades of income.

I know milenials are brainwashed degenerates but this is not their fault, the boomers are pumping their bags with no survivors.

>> No.15568391
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15568391

>>15568340
not an argument pajeet

>> No.15568400

>>15568241
desu my boomer mother and I (millennial) aren't all too happy either. We have seen things go from meh to good and then back to shit again in the early 2000s

>> No.15568401

>>15568360
Bitcoin unironically

>> No.15568405
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15568405

>>15568391
>calling stinky linkies a scam is an argument

>> No.15568423

>>15568334
can you blame them tho? heaping debt on the back of a system that is collapsing anyhow? time is more valuable than "accountability" to your (((bank)))

>> No.15568433
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15568433

>>15568405
>350 million in ciculation out of 1 billion cap
>proven pump and dump scam
>sergay promising shit and never delivering
>stinky linkies collapsing for 3 months now
OH NO NO NO NO HAHAHAHAAHAAH

>> No.15568443
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15568443

>>15568433

>> No.15568552

>>15568360
Gold

>> No.15568632

>>15568552
How much to make it?

>> No.15568640
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15568640

>>15568401
Why?

>> No.15568647

>>15568632
You will never make it with gold, unironically

>> No.15568656

>>15568647
Moves slower than old people fucking on molasses.

>> No.15568701

>>15568640
because dollars are being printed into irrelevance, all other things being equal, a btc will buy you more dollars in the future

>> No.15568704
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15568704

>>15566805
>https://www.reuters.com/article/us-eurozone-ecb-qe/the-life-and-times-of-ecb-quantitative-easing-2015-18-idUSKBN1OB1SM
>just announced
THEY'VE BEEN DOING IT FOR YEARS
LMAO

>> No.15568720
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15568720

>>15566805
Like I said: bitcoin 50k eoy. Maybe now you lesser beings will finally start to understand.

>> No.15568726
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15568726

>>15568433
zoom out. This is either the longest running pump and dump scam in crypto history
or
the best investment one can make in their entire life.

>> No.15568740

>>15568701
And linkies wont?

>> No.15568741

>>15568640
Limited supply in an ocean of Central banks printing money non stop, properties are a good hedge too due to low supply.

Gold and silver suck while they have low supply paper gold and silver increase the supply in fake way suppressing the price.

>> No.15568804

Everyone on the news talks about it asif having -0.5% interest rates is completely normal what the fuck is with this clown world I was forced to endure

>> No.15568813

>>15566823
>>15566908
I hate /biz/ so much.

>> No.15568908

>>15568804
does this mean the bank will pay me to borrow money from them?

>> No.15568944

>>15568908
No the end consumer gets screwed, this is between the central banks and the private banks bascailly the central bank is giving free unlimited money to private banks keeping their rotting corpses alive when they should of died long ago.

>> No.15568979

>>15568944
ok... so basically "printing" (we all know it is all easily edited numbers in a database) money indefinitely; thus running the value into the ground.

>> No.15569003

>>15568979
Yes running the value into the ground stealing productive value off the general populace and savers to feed the horror show they have put on for us enjoy

>> No.15569017

>>15568133
>tfw buying property soon
motherfucking based

>> No.15569190

>>15568080
GOOD TIME TO GO TO THE UK?
PLS RESPOND

>> No.15569252

>>15568908
No it means that if you have a checking account they will take x% every quarter or year

>> No.15569277

China destroyed the naive neoliberal dream of global open markets. Open markets are open to exploitation by protectionist actors like China. If they were allowed to continue the world would eventually be owned by them. Everyone is now competing to devalue their currency so they can manage the most debt with the least trade deficit. Factory work will be back on the menu soon for you neets.

>> No.15569280

>>15569252
Which also means that NEETs are fucked because they will have to have some form of income to offset the bank taking their money. Also on top of this inflation will rise so think of it as an additional tax.

>> No.15569289

>entire continent announces a single banking policy
HUURRR
DUURRR

>> No.15569313
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15569313

>>15566812
get fucked europoors

>> No.15569314

>>15566900
some sweeet wahls

>> No.15569397
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15569397

>>15568944
>>15569003

>> No.15569415
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15569415

This is good for bitcoin

>> No.15569599

>>15566805
will this positively affect privacy coins?

>> No.15569608
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15569608

>>15567462
>At 1.0% rate, house €150,000
>Lower rate to 0.5% to pump house prices to €300,000
>"Wow, so much more affordable. Thank you Mario"

>> No.15569645

>>15568908
yes already a thing in Denmark

>> No.15569656

>>15568053
Too bad they went all in cripple

>> No.15569658

>>15569313
Trump has been calling for QE and he also said he wants negative rates yesterday. Go check his twitter. This is the excuse (Euros cutting rates and starting QE again) that he will use to justify why we should do it too.

>> No.15569702

EU needs either real federation or splitting Euro into North Euro and South Euro
Really, all the blame lies with the germans
Fucking germans
Germans literally ruined the whole fucking continent

>> No.15569872

>>15569702
france insisted on having the euro in exchange for reunion 1990.

>> No.15569885

>>15569872
france wanted eu federation from day 1

>> No.15569924

>>15569885
well then they should have asked for the federation and then for the euro because thats the order in which it would make sense

>> No.15570090

>>15569608
This correlation happens only in economic growth periods of time. In times of economic depression with low wages and small population growth house prices are dropping nevertheless (e.g. Italy)

>> No.15570104

>>15569702

Eu needs to be murdered in its sleep and european nations need to form a confederacy alligned in various regional supergroups (like visegrad).

>> No.15570124

>>15570104
nah splintered EU is just gonna be vassaled by china and usa both

>> No.15570308
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15570308

>>15566929
> Italian chick
Italian isn't Italian anymore

>> No.15570453

>>15568741
Land and properties are going to be taxed into oblivion. Have fun hiding your two story house in the boondocks.

>> No.15570500
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15570500

>>15566805
But how do I profit off of this as a u.s. citizen?

>> No.15570512

>>15569658
If the fed doesn't devalue the dollar then US exports are worth shit thus making it harder to keep the ponzi afloat since it can't survive without the EU buying its worthless junk.

>> No.15570533

>>15569885
DeGaulle wanted a very different Europe with a gold backed monetary standard. Not the mention the French voted against the EU constituation.

>> No.15570555

>>15570124

Its a confederacy with separate policy focuses on regional grouping.
Confederate gov ensures trade bloc, outer border protection, coordination and cooperation. Also ensures respect and autonomy for national goverments.
Regional groups merge military and pursue common economic goals.

Its retarded to try and fit bulgaria, spain and germany into one cube and half-heartily merging their economies.
Centralization results in inefficiency, slow decision making and corruption (subversion). EU as a federal scheme is too centralized and too broad to be effective. The looming economic and demographic collapse of the EU is a symptom of that.

>> No.15570557

>>15567999
>they need fiscal policy like tax cuts and austerity
austerity is literally the opposite of fiscal policy and what they tried, ya cutting taxes to increase spending can work but when you have all kinds of self imposed rules and don't control the currency you use you got to worry about revenue since you can't just perpetually roll over your national debt

>>15570512
>gold backed monetary standard
They essiently operate under the presumptions of the gold standard and that's a big part of the Eurozone mess

>> No.15571026

>>15568133
>We are heading back to the land owner caste where land is so expensive only the rich will own it.
been thinking exactly this for a while, and the boat is leaving
time is running out for you to pick your caste

>> No.15571095

>>15566805
>decrease interest rates further negative
>QE
>cut growth forecasts
>Euro rallies
If you think crypto is clown market you haven't traded Forex.

>> No.15571117

>>15570500
how do i short europe

>> No.15571217

>>15571117
see
>>15571095
markets are unironically pricing this in as euro bullish

>> No.15571353

>>15568241
> as homes and stocks skyrocket
not for long, cause in Europe having a house is more or less a bet to sell it big after retirement: it's all about save rent as long as you work, then grab the money and move to a comfy place (while your kids live elsewhere, house is not for them)! problem is, that the new generation just can't afford houses, so it's all coming down sooner or later.

this however is more or less common knowledge. just sit back and watch the show

>> No.15571515

>>15568360
Gold, Silver. Good luck anon.

>> No.15571528

>>15566823
SELL EVERYTHING

>> No.15571602

>>15571095
The market knows better than you

>> No.15571626

>>15566870
That's ok, your chainlink will negatively acquire value, so you're doing great!

>> No.15571633

>>15566908
Excuses that justify the actions they planned to justify the excuses that justify the actions they are going to take next.

>> No.15571688

>>15571095
A more negative rate is by definition deflationary. So yes, people want more euros because they expect the value of those euros to go up.

>> No.15571825

>>15571688
>A more negative rate is by definition deflationary.
What is this supposed to mean? They raise interest rates to counter inflation. Lower rates means cheaper access to money which means inflation.

>> No.15572289

>>15568385
Maybe the Manhattan of today is not the same as the Manhattan of 1920. Maybe the poorest worker in the factory is not supposed to live in fucking Manhattan? Hmm?