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/biz/ - Business & Finance


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15664905 No.15664905 [Reply] [Original]

>> No.15664909

It's a currency. It's meant to be spent, not saved or invested in.

>> No.15664910

>>15664905
Is the pope Catholic?

>> No.15664937

>>15664905
look it up, bretton woods and how the USA inserted text which wasnt part of the negotiated deal. but the inbreeding bongs were just too slow to check it.

the concept of an anchor currency is basically what nazi germany planned for europe after they will have won the war.

>> No.15664951

It's a literal ponzi scheme

>> No.15664993

>>15664951
>A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

There's literally no promise of a return on holding dollars and the demand is driven by the need to liquidate obligations in it (public taxes and private debts) not just speculators betting on it but using it for speculating.

>> No.15665540
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15665540

>>15664905
CCCCCOOOOOOOOOOOOOOOOOMMMM

>> No.15665571

>>15665540

Congrats on your shitty forced meme. Kys