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15819837 No.15819837 [Reply] [Original] [archived.moe]

Not all of the collateral taken gets sold back. Since these operations started, the balance sheet has increased by $176 billion dollars. Anyone who tells you these overnight and term repo operations are "temporary" or "QE-QT = 0" is either lying or misinformed.

These were meant to just be a quick fix for a few days. Then the whole week. Then the whole month. And now the Fed just announced that they are extending these operations another month out to November. QE4eva

>> No.15819845

Good. The Fed is doing their job

>> No.15819871

Sounds like the system is working. Better panic because my dad didn’t like MUH FED and I don’t like to think for myself.

>> No.15819886

fiat is about to experience it's design flaw.

>> No.15819996

Your kike day of rope is coming

>> No.15820026
File: 1.84 MB, 800x600, 1537021218356.png [View same] [iqdb] [saucenao] [google]

based. we are in the fiat endgame now.

>> No.15820271
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It's frightening. The next crash will range somewhere between 2008 global financial crisis and 1929 great depression

>> No.15820290

So, how long before this leads to banks cutting off access, and the fiat turning into wiping paper?

>> No.15820329
File: 1.25 MB, 480x480, the harbinger.webm [View same] [iqdb] [saucenao] [google]

Zero and negative interest rates are the final band-aids on the failing system. The cracks are already showing, governments increasingly can't patch all the holes, the dam will burst

>> No.15820380

Followed by straight-up bail-ins? Or are those the same thing?

>> No.15820395

Yes and it's already happening https://www.youtube.com/watch?v=j6aTCOjUaoU

>> No.15820424

so dont put your money in a bank. There are already options with crypto. You can buy stablecoins like DAI and even earn interest on them, loaning out to exchanges etc.

>> No.15820432

I know, we're describing what will happen to boomers

>> No.15820435

Rumor has it that this caused the BTC dump from 10k to 8k when it was announced initially. Now lets see if this will be the cause of the dump from 8k to 6k range.

>> No.15820443

Is that video even correct? I thought everything in a bank is FDIC insured up to $250k depending on where you live

>> No.15820471

I'm not sure if ti's affecting everyone though. Not much news about protests or line-ups.

>> No.15820507
File: 324 KB, 4017x2317, BTC stock-to-flow.png [View same] [iqdb] [saucenao] [google]

Could happen. QE and rate cuts are designed to incentivize equities and rally the stock market, so investors will turn away from safe haven assets. In fact I expect the Dow will come back and even reach ATH again next year, especially with the election pressure from GOP (and the companies they are in the pocket of).

Meanwhile crypto will mostly crab until late 2020. BTC has the most influence and its bullruns come 6 months after the sudden jump in the stock-to-flow model, with halving coming mid-2020. And most of these financial indicators (like the treasury yield curve) signal 6-18 months before actual recession. So late 2020 to mid-2021 is when I'd expect global markets to crash and crypto to moon.

>> No.15820587

Stable coins are centralized like anybank. They can suspend all trading and even take your coins.

This is not fud. Read the fine print. This is why Bitcoin was made to begin with

>> No.15820677


Witness the hook nosed kikes being paid to influence the goys on an origami folding technique forum.

>> No.15820710

>defending the fed
Can’t think of anything more Reddit

>> No.15820742

not DAI. its decentralised synthetic USD

>> No.15820771

If it hits 1929 great depression levels quickly ill make a lot of money off my put options.

>> No.15820846

Damn I don't want my parents to die but I do want to make sure my inheritance doesn't get obliterated!

>> No.15820868


>> No.15820896

It probably will regardless if it's a fiat inheritance. This is the banks dying.

>> No.15820967

The Effective rate should be zero or damn close by or March and damn deeply negative by July of 2020.

>> No.15820990

I wonder what state the world will be in by then.

>> No.15821040

At this point I have done what I can with the world. I just hope I'll be able to cash out my paper silver and gold positions at full price. All of that is in my Roth account so all the gains are free to me.

Imma buy a whole lot of guns and non-perishables and a legit safe for all my stuff.

>> No.15821074

That is straight up the most informative thing I've seen here all year

>> No.15821108
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European banks can't be saved at this point

>> No.15821133
File: 144 KB, 360x346, 1556305343308.gif [View same] [iqdb] [saucenao] [google]

>he thinks his derivatives will be worth anything then

>> No.15821135

Daily reminder:


>> No.15821157

Found the zoomer who hasn't lived through a recession in his adult life

>> No.15821165
File: 421 KB, 1280x720, 1549250473142.jpg [View same] [iqdb] [saucenao] [google]

Stack fiat

Buy the blood

>> No.15821187

> Stack fiat
Until even street vendors start refusing to take in the mountains of stacks.

>> No.15821194

The mere concept of this terrifies me

>> No.15821245

fiat is already wiping paper
it's called fiat for a reason

>> No.15821325

Im sorry sweatie but your doom and gloom circle jerk is nothing but just that. Nothing will happen. the housing bubble will not pop, crypto won't moon, boomer rocks won't skyrocket and the kike fiat system will not collapse. This is reality so just accept it and buy some stocks while you can afford them.

>> No.15821556
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Rich people already know what's coming, that's why stock buybacks are the latest fad. Fool dumb money into thinking the company is growing, meanwhile the C-suite insiders are offloading their positions

>> No.15821634


wtf you have to be 18 to post here

Nigga what is 2008 bubble?

>> No.15822121

Um, over 21 trillion national debt, petrodollar dumping, gold hoarding in the east, and retail apocalypse? Also, the headline of this thread?

>> No.15822235

>buy some stocks
Retard detected with high levels of fagety
Hate when baby watches a month of CNBC and thinks he can talk muh investing with the adults .

>> No.15822258

Tell me more. Whats the P/E and how does it compare to previous levels?

>> No.15822765
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What goes down must come up

>> No.15822790


>> No.15823385

After they cut rates to zero and QE4 is in effect and shit is still slowing down, they'll have no more ammo

>> No.15823886

They can keep up QE and send rates negative too. But the problem is this only exacerbates the underlying global debt bubble

>> No.15823926

dailies reminder, the jews has solved the red candles problem. There will be no recession, forever green dildo.

>> No.15823935

On the day of the rop there will be no crooked man
On the day of the rope the bankers go to hell
the traitors to the gallows, we put them to a rest
on that day on that day of the rope

>> No.15823949

>get negative interest rates
>take out 50 million in loans at -1% p.a.
>live off 500k/yr salary
how could it go wrong

>> No.15824147

If only it worked like that. The rules are made to benefit the banks and not you however, so they always go in one direction.

>> No.15824688
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We print money Goys.

Your money becomes more worthless.

We do some dodgy background trading.

We win, you lose

>> No.15825003

It's artificially low too, meanwhile retail sector is hemorrhaging jobs

>> No.15825346

And it doesn't include all the latest layoffs, like HP which just announced on Thursday (right before the jobs report came out) that they are axing 9000 people

>> No.15825558

Fucking gives me nightmares just understanding what it really all means.

>> No.15825580

Same, they wasted all they ever made but they created me and my brothers so that makes up for it.

>> No.15825647

All I have to do while waiting for all hell to break loose is wonder what the trigger will be this time. Chinks will do whatever they can to prevent a collapse, and they can do a lot more than anyone in the West, long term consequences be damned. Deutsche Bank is the obvious choice for a Lehman 2.0 but plenty of other Euro banks fit the bill.

>> No.15825817

Isn't that the scary part? You might not have just one Lehman this time...

>> No.15826115

Apparently, this is the real unemployment rate.

>> No.15826180


Whew senpai

>> No.15826645


>> No.15826781

That’s dumb though... if Jews are an average of 10 higher IQ points, than you would expect to find a huge disproportionate amount of Jews at the highest 1% of IQ. (The same thing applies to various traits like aggression, agreeableness, etc.)

>> No.15827559

If one Lehman goes down at this point, won't they all go down?

>> No.15827670

Lmao crypto is not a safe haven asset. You're a brainlet.

>> No.15828108

Yes it is, because it is highly uncorrelated with equities, deflationary, and not manipulable. Try harder next time, or do some actual research first

>> No.15828182

Can you explain it to me?

>> No.15828191

Not manipulated. Ok. And when someone dumps 30M coins on the futures market?

>> No.15828219

Being uncorrelated to equities doesn't mean shit when the volatility is so high. It's still a speculative asset with nothing backing it. At least stocks have a business behind them. The idea that boomers and fund managers will rush to crypto after getter justed on the stock market is fucking delusional.

>Lose 50% of my 401k on equities
>You know what I am gonna buy now.... Bitcoin

This is fucking retarded logic. Boomers and wealth managers will buy PMs. Not some experimental tech that has only been around for a decade. I am not saying crypto won't serve a purpose long-term, but it will get justed just as hard during a downturn.

>> No.15828226

>Not manipulatable
You really are a brainlet

>> No.15828307

you're literally the meme i was pointing out
google "standard deviation", "iq distribution", "white population in the us", "jewish population in the us"
too many people base their political beliefs on their own inability to do middle school maths

>> No.15829110

One default will trigger another, yes. Banks are ALREADY having trouble borrowing from each other to keep their fractional reserve mandates, it'll only get worse if one of the big boys goes belly up

>> No.15829263

At that point: massive QE? Though the repo intervention going on for much longer than originally said seems to imply that's already going on.

>> No.15829350
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>30M coins

>> No.15829364

They’ve been playing this game in other markets. Selling more than supply on leverage. Why couldn’t they do it in bitcoin? Just need to trigger all the weak hands and away she goes. Look out below. On low volume I bet they could get it going with a just a few thousand bitcoin sell order.

>> No.15829407

What, boomer?

>> No.15829454

Basically that every cycle the variables get more and more extreme. Interest rates lower, markets higher, more fiat printed. Not to mention the social factors that there are less productive white people and stable families every cycle because of middle class destruction.

Eventually the cycle will end in a massive crescendo of death. The whole system must continuously expand like a ponzi scheme. That's why every cycle is more extreme but also more volatile.

>> No.15829509

The fed balance sheet has expanded like 176 billion in the last 3 weeks. If you amortize that out it is like 3 trillion a year. What took almost a decade of balance sheet growth may now double in one year or less if things get worse.

QE3 was, if I remember correctly, 80 billion a month, this stealth QE is 254 billion a month if the current rate continues and we aren't even in a recession yet according to them.

>> No.15829648

The yield curve has gotten worse, hasn't it?

>> No.15829667

You dumb fuck. Crypto is risk on, it’ll dump with equities. QE is sweet music for bitcoin

>> No.15829689

And RPI and CPI inflation has stood up fine. QE4 will blow through previous debt ceilings until inflation starts rising, then recession hits. 2021.

>> No.15829691
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Yes, it has gone past just being "flat" and is now almost completely inverted

>> No.15830094

Agreed, I don't see significant retraction in 2020, it'll crab at best. Absent some major polarizing event, like a new Lehman Brothers

>> No.15830150

The FDIC fund couldn’t even cover one bank failure. It’s entirely inadequate. It’s like a city’s fire department having just a single fire extinguisher.


>> No.15830333

It's like men dominating the top sprinters despite "only" being 10% faster. When you look at the top, it'll be dominated by anyone with a slight advantage.

>> No.15830346

Inflation hasn't yet occurred because the measurement system is flawed and because money velocity is low.

The GDP and other numbers only look so good because the government has increased spending to make up for the private sector shortfalls.

Manufacturing is already in a recession and retail is soon to follow. I think you are right though, they are going to try to push this thing off until after the election at least and longer if possible.

>> No.15830378

It's almost all short term debts, that end overnight or within two weeks. QE was on mortgages where 95% of them fall off in more than 10 years. >>15830346
We're already in an earnings recession, and manufacturing is receding. The question is more of how much the American consumer can take- our economy is significantly more dependent on services than competing economies. As long as the American consumer can spend, we're good. As soon as they can't. we dump. The issues with the trade war isn't that manufacturing might get hit (it already is), rather the fear is that consumption/retail might get hit.

>> No.15830415
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National debt is relative, and the interest rate is so low that it's a non-issue. Only a massive retard doesn't take the debt as a whole. You have to take inflation into account, the size of GDP compared to debt, the fact that most debt is owned by Americans, as well as the interest rate.
You also need to realize American bonds are in massive demand, and part of the reason the US borrows money is because of how much its debt is desired.

>> No.15830433

Inflaton hasnt occured because money has flowed into real estate and stocks rather than commodities. Commodity bull market is just starting. You gonna see some shit.

>> No.15830450

The fact that its owned by americans is the worst part. Inflating it away or defaulting outright is kicking pensioners in the nuts.

>> No.15830451

But if they don't stop the repos, then it doesn't matter how long the maturity is because they will just re buy the assets perpetually. It won't ever come off the books. That makes it a permanent injection.

Clearly since they can't clear the book there is serious trouble in the system, we just can't see it on the surface.

>> No.15830474

Oh, I know that's right. I am very well positioned for the commodity bill run.

>> No.15830489

Check DJIA, think a bit and if nothing happens buy some tent already.

>> No.15830492

What should I invest in?

>> No.15830510
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A permanent injection of 150Bn USD is different than the 3T yearly in QE the other anon mentioned.
It makes it fine, since our banks use it as a stable asset + the political argument of China owning "all of our debt" is invalid. Pensioners use it for stability, not for growth.

>> No.15830580


>Barbarians will never destroy Rome

Reminder that not only did the average Roman actually think this, but that when Rome had been totally destroyed and all that was left were the shattered remnants of the degenerate and sacked city of Constantinople, those people sat around their camp fires toasting rats and still fancied themselves the owners of the known world.

Yes, many do underestimate the desire of those in charge of the system to perpetuate it in its current form but, some people are just too stupid to see what's right in front of them.

>> No.15831095

>A permanent injection of 150Bn USD is different than the 3T yearly in QE
Over the course of a year the balance sheet will increase by a comparable amount, so wouldn't it really be the same thing?

>> No.15831104

It’s more. Last time it was $150B a month. This time it’s $150B a week

>> No.15831129

citation needed

>> No.15831157


>> No.15831180

says nothing about injecting $150b a week

>> No.15831702


>> No.15831729

Yeah, pretty much this. A default would probably add too much stress to an already stressed system

>> No.15831786 [DELETED] 
File: 193 KB, 2208x1146, 72A6AC71-BD9B-480C-A715-34099A41296A.jpg [View same] [iqdb] [saucenao] [google]

Start buying some mining stocks and physical before its too late

>> No.15831794

This graph is so false its just not even worth posting. The way the stats are recorded has changed so much during the time on the graph that its just comparing apples to oranges year by year.

What if all the people reliant on welfare, social security and/or disability were considered unemployed?

What if everyone with a government job was counted as unemployed?

The real unemployment rate would be something like 55-60%.

>> No.15831806

I think Bitcoin is arguably one of the most important technologies in human history, whose potential hasn't even been close to realized yet... but like >>15828219 said, it's delusional to think they'll be a safe haven asset when shtf this time around. Buy precious metals dude, mostly silver, otherwise you will lose a lot of money.

>> No.15831816

My guess is millions of assets are being activated all around the world and the propaganda machine has gone full steam ahead.

I guess it is really happening in the coming months.

>> No.15831919 [DELETED] 

baakt flopped
Lightning network flopped
Global decentralized daily transaction flopped
Digital gold store of value flopped
BTC is dead, no future prospects, only bagholders shilling to break even. Entire point of BTC is to sell to a greater fool. Those still holding are the last greater fools.

>> No.15832458


By the time BTC would be needed as a "safe haven asset" it will be money. Is cash an asset?

It's a safe haven as the only system of fungible and liquid barter when the dollar sign no longer has meaning is what makes it worth owning.

The USA is so behind the curve here I get worried. Power companies would be heavy into ASIC farms if they were smart and weren't suckling on the state tit so hard.

>> No.15832479

Propaganda? Mainstream financial articles are mentioning this right? So, propaganda a sin they're not talking about exactly what will come of this?

>> No.15832491

The US is so far behind the curve in everything banking. Didn’t you guys just get chip and pin and still don’t have EMT? Pathetic.

>> No.15832558


Isn't that what venmo does?

>> No.15832596

I can send money from my bank account to another bank account for free. Instantly. Right from my banking app. Can you?

>> No.15832653

I still think the store of value thing is legitimate. Having a fixed supply matters in the long run. All of those things can flop and the basic value proposition of BTC still doesn't change. But I think owning it right now is a bad idea desu. You will likely be able to get it later at a cheaper price. Bitcoin and all cryptos only know economic expansion and bull markets. If you're playing the odds, it's probably a bad idea to be a holder as we head into a recession.

What do you mean "is cash an asset"? It obviously is, but it's just a shitty one if you want to preserve wealth as the money supply continues to inflate. It'll hardly be liquid if everyone uses it and transaction fees go through the roof again. I'm not saying don't own BTC... I'm just saying in the short run, the value of the network will probably decline significantly. I could be wrong.

>> No.15832667
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My money's in a local credit union. Am I good?

>> No.15832706

> My money's in a local credit union. Am I good?
No you literally just gave it to a scam

>> No.15832752


I can for 25 cents.

With BTC I can for 10 cents.

Nothing in USA is free.

>> No.15832762

Weird. I can do it for free.

>> No.15832771


Cash is an asset in a deflationary environment and a liability in a inflationary environment.

With negative interest rates in Europe, debt is now an asset there.

Take econ 101 before you post here.

>> No.15832852

What does this mean for chainlink? What does this mean for chainlink if we assume it gets implemented for derivatives before the big plunge?

>> No.15832979


The crypto sphere as a whole seems bullish to me so long as it's not a shitcoin.

Link isn't a shitcoin; but it's more speculative unlike BTC which is far more of a system we can be sure will stick around.

BTC is actually a direct cause of why the fiat system will fail. It reveals the true value of fiat as they race against each other to the bottom.

>> No.15833031

IF btc became a safe holding asset, it would instantly break the system. Remember dec 2017? Couldn’t send fuck all unless you wanted to pay 40$. Btc’s biggest flaw is adoption. BSV would work a lot better if the miners from BTC switched over. But I don’t believe it’s a safe asset either. There’s only experimental apps on it right now. Crypto is too late. It’s sad that we are 10 years behind what could have been. I believe crypto will work eventually, but the turning point of the economic collapse being saved by crypto seems like a wet dream.

Gold and silver are the only options I believe for a safe asset.

>> No.15833173

Yeah gold is MUCH easier to send than BTC!

>> No.15833427


I would bet BTC becomes a highly, highly valuable holding asset and there will be more and more hardforks into smaller localized versions all "backed" by their convertability into HTC.

most logical way I see things progressing. Adoption is slow but the BTC ATMs in my area seem popular.

>> No.15833518
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>Link isn't a shitcoin

>> No.15833610


It's an ERC20 so I should say

Highly speculative

I don't know if etherium can pull off what they think they can

>> No.15833623

fpbp, the mob shouldn't have access to the governments money supply.

>> No.15833630

Back to pleddit you go

>> No.15833651

>I don't know if etherium can pull off what they think they can
They can't.

>> No.15833682

You transact in cash dumbass. You sell gold for fiat when you want to buy. Just the fiat to gold ratio is increased when a hyperinflation occurs.

>> No.15833948

You're either a shill, very naive or very young (and ignorant).

Debt to GDP ratios around the western world (and China where the books are cooked) are insane and at never before seen levels, not just in the US. Talk along the lines of "oh, Australia's is not as bad as say America's" as though it is somehow different (despite talking about an economy artificially pumped up by hundreds of thousands of immigrants and a faux housing boom). You're literally following mainstream talking points designed not to instill panic which throughout most recessions did nothing but shit on contrarian economic viewpoints which ultimately proved correct.

you are not seeing the forest (fiat) for the trees (debt). Yes ratios are important, but they're not as important as you make out and will make little difference when global confidence disappears into every crevice in the floor and the room begins to fill with sewage.

>> No.15834091

I'm seriously bullish btc, but it's probably not going to work out the way we think it will. Listen to this if you want to understand why it will have issues scaling https://www.youtube.com/watch?v=w-Ki-TY5jEw

>> No.15834252

The current injections are expiring between overnight and two weeks. 95% of QE is currently longer than 10 years. Something that is injected weekly, then expires, will only add 150Bn USD if it's repeated indefinitely.

>> No.15834329
File: 263 KB, 1024x943, 1566835934137.jpg [View same] [iqdb] [saucenao] [google]

I never said relative to each country. Plenty of countries are retarded and deep in debt. Depends on context. Being roughly 100% GDP in debt isn't terrible for the US, considering we're trading IOUs for actual goods and services as we're the reserve currency. Debt is a tool. Useful debt is amazing, and can help you expand your productivity. Useless debt is a trap and laughable. Throwing out the baby with the bathwater is only going to hurt your lifetime gains fren.

I do think we're entering a period with rolling debt crises ahead- it was recently household/mortgage debt, and I definitely believe corporate debt will ultimately be the cause of the next crisis (either as a result of bankruptcy, or politicians taking policies that create zombie firms). I see student debt as being an ultimate med/long term drag on the economy as it'll reduce spending and advancement among those who have it. I could see US sovereign debt being an issue of it continues at this pace (w/ tax cuts + increased spending) but I see Chinese sovereign debt as being a greater risk to the global economy currently. It's beyond 300% GDP when you consider state owned corporate debt.

Don't misconstrue my disagreement as simply following the retardo talking points- I find MMT and infinite deficit as laughable as you do. I just don't think the solution is as radical as you propose. People are gonna be retards, let the system suffer and clear out the corrupt. Capitalism ultimately uses destruction for the sake of creation, the grander issue is the US Government (not the fed, but the actual politicians) abusing fiscal policy to attempt to ignore the core of Capitalism for the sake of maintaining popularity.

>> No.15835264

>corporate debt will ultimately be the cause of the next crisis
Yeah, student debt is tiny compared to the billions and trillions government owe each other and private companies

>> No.15835312

article does not specify if those jobs are american

>> No.15835719

God, guns, ammo, people you trust and love, water filters, food, silver.

>> No.15835852
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>people you trust and love

>> No.15835989

theres always something that brings it all down. what is it this time?

>> No.15836037

Please explain

>> No.15836076
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>> No.15836137

the government is a mob

>> No.15836189
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are you ready to go vertical, lads?

>> No.15836202
File: 1.01 MB, 540x720, 1569209377036.png [View same] [iqdb] [saucenao] [google]



The bubble this time is the fiat currency itself; negative interest rates means debt has become an asset, and the inverted yeild curve indicates that time no longer has any value in financial modeling and bond yields further indicating a complete collapse in consumer and investor confidence.

The economy runs on confidence and growth. Growth has stopped population wise; this is why Europe has been importing immigrants for 15 years; to prop up the fractional reserve currency printing system (debt creation.)

The USA has reserve currency status so we fared well without mass immigration (although its been happening from Mexico "off the books.") but our global reserve status is almost over and the population is too strapped with debt to keep the machine running.

The repo purchases in the money markets indicate our institutions are already insolvent and the Fed is quietly keeping things afloat.

TL;DR: Things are bad, and there are signs they are REALLY bad RIGHT NOW. Buy Bitcoin, some precious metals perhaps, a gun or two. Maybe a new bicycle in case oil imports go south. Remember those attacks in Saudi Arabia not long ago?

>> No.15836218

>wait 1 month
>get better return than after 10 years

>> No.15836486

Dollar demand will remain strong as investors in europe look to buy US risk assets to escape negative yields. Eventually, that will out pressure on corporate earnings due to lower exports, inducing total QE from the Fed.

>> No.15836503

The fed is fighting deflationary pressures that are a natural response to the business cycle, as well as technological factors. The Gov is going to have to enact fiscal stimulus at the next downturn because monetary easing isnt going do shit

>> No.15836510

nah dont

>> No.15836511

I agree with CNL3vs1J.

>> No.15836516

This insurance you mention doesn't actually cover all situations. In the UK we have the same thing and it may be able to cover one small bank but not more than that

>> No.15836522

FDIC insurance hardly matters if the dollar is destroyed

>> No.15837093

So, these repo operations are to ensure that the insolvent banks don't have to publically declare themselves as insolvent and default too soon?

>> No.15837797

>just have 50 million in collateral bro

>> No.15838545

Wouldn't that mean the next crash won't happen until 12-13 years after '08? isn't that a bit late?

>> No.15838601

Many banks, especially European banks, might be close to (if not already) insolvent. If one or two implode, could cause others to fall like dominoes. India is already seeing chaos and runs on the bank this past week.

There must be some betting pool somewhere on the next country to pop. Maybe Italy

>> No.15838795

Pretty much.


> "There are rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors. RBI would like to assure the general public that Indian banking system is safe and stable and there is no need to panic on the basis of such rumours."

Then why does there need to be a bank run?

>> No.15839004

Well sure, it's already overdue. We're already in the largest US economic expansion in history

>> No.15839491

Honk Kong is the black swan.

>> No.15839584

My boomer dad keeps all his savings in what he refers to as "money markets," how fucked is he?

>> No.15839592

Yeah, but how much longer can it be expanded?

>> No.15839619

That's the beauty of crypto. Every single satoshi is accounted for on a public blockchain. You can't trade BTC you don't have, because everyone will see it.

>> No.15840204
File: 3.70 MB, 366x274, deutsche no, bad boy.gif [View same] [iqdb] [saucenao] [google]

Just a little bit longer I'd wager. QE + rate cuts, and especially if a "resolution" in trade wars (mainly China, but also France/EU/Iran) is reached, stocks will rally again in 2020. But it won't last much longer than that. Liquidity is drying up, banks are failing, public debt is astoundingly high. It's all a house of cards and this next year we're going to attempt to place the final cards up on top.

>> No.15840495

It can still go for a while, depends on how banks perform since the money takes a while to enter the economy but once it does inflation increases and people will have trouble buying food and paying debt at the same time, making banks collapse sooner or later

>> No.15840661

Perhaps, though India's currently having bank runs, and, of course, there's the fed repo intervention. Not sure how long that will prop this up, but, clearly, it can't be much longer.
QE may make stocks go up, but it'd probably still make inflation nuts.

>> No.15841243

Aren't those supposed to be safe and resistant to recession

>> No.15841276

good goy.. nothing ever happens. now get to sleep so you are fresh for your wagie job in the morn

>> No.15841429 [DELETED] 

>On the day of the rop there will be no crooked man
>On the day of the rope the bankers go to hell
>the traitors to the gallows, we put them to a rest
>on that day on that day of the rope
what world does this retard live in

>> No.15841466

they will trade paper and fuck up the price and there is nothing you can do about it

>> No.15841532
File: 80 KB, 720x729, 1567783697008.jpg [View same] [iqdb] [saucenao] [google]

I'm bullish (long-term 2022-ish) on BTC, but even I have to agree with some of his points.

>baakt flopped
Kinda, nobody except brainlets thought it would be a "big thing" anyway though. Let it go for a few months and then pass judgement okay?

>Lightning network flopped
It's ridiculously hard to understand and use right now, but the technology behind it is good. But agreed, it flopped and will remain unadopted until it is EASY TO USE

>Global decentralized daily transaction flopped
I think BTC will end up as "digital gold" and something else like ETH could end up as the day-to-day currency you use at Starbucks or whatever.

>Digital gold store of value flopped
It is volatile because it is a very new technology, very new market, very new everything. But it is volatile trending UP in the long-term, that's what matters to a long-term investor.

The other stuff he said is just FUD though. I'm sorta disappointed by this tripfag, you'd think he'd want to back up what he says with reasoned arguments since he uses that name everywhere

>> No.15841617

>Digital gold
you must not understand why gold has value to begin with.

>lightning network
It’s a money laundering system, if your in favour of it, you must be a criminal.

>new technology, behind it is good
No it is not good. The community is useless at developing it and it doesn’t work. If it worked you wouldn’t have a million competitors and BSV that clearly has a direction that’s already shelfing your BTC scam coin.

Fuck off with crypto and global markets. You cannot connect them. Its like trying to stream 4k games on a dial up internet connection. It’s way to fucking early, any predictions are flat out wrong unless your some sort of tech psychic. In that case go to >>>/x/

>> No.15841666

>you must not [insults intelligence]
>you must be [attacks credibility]
>fuck off
lol this guy sure is mad

>> No.15841864
File: 53 KB, 799x462, repo 2019-10-07.jpg [View same] [iqdb] [saucenao] [google]

It looked like the situation might have been easing up last week, but nope.

>> No.15841909

They already confirmed this is going to go on to November.

>> No.15842011

Yeah, still surprising that the amount of actually accepted loans went up though

>> No.15842070

The number going down, then climbing up again. Seems to be a troubling picture.

>> No.15842540

Bulls don't die of old age. The reason why the cycle is fairly regular is because of the euphoria-panic psychological cycle combined with the associated practices during this. If people aren't going wild financially, a bull run can definitely be sustained longer than normal. Growth has been going for longer, sure, but if you notice, it's less explosive.

>> No.15842844

Fair point, and some analysts are saying that the upcoming recession will be shallow and short, because everyone is expecting it this time around. Unless of course, something big and unexpected happens.

>> No.15842941

Example, from the dude who first noticed the yield curve signal back in the 80s

>> No.15843331

the largest economic expansion was in the 19th century when we had years of +50% GDP growth consistently, this "expansion" is just the fed blowing a bubble

>> No.15843356
File: 66 KB, 645x729, small heada.png [View same] [iqdb] [saucenao] [google]

>years of +50% GDP growth consistently

>> No.15843368

>hes wrong cause i replied with a brainlet

>> No.15844170

are you trying to tell me that if I was born in the 19th century I could expect the economy to be 3325 times larger by the time I held my first job

>> No.15844581

I suppose but taking stuff from the 19th century and trying to apply it here today? Come on now

>> No.15844966

Well, in modern history then, if you will. And I suppose instead of "largest" I really meant "longest".

>> No.15844978

Europe has been negative for 10 years. already priced in. Crowded trade.

>> No.15845030

"priced in" really needs to be autofiltered here, it's the instant sign of a brainlet

>> No.15845109

Governments just need to run bigger deficits. It's a far more sensible solution than negative interest rates.

>> No.15845516
File: 232 KB, 576x1119, everybody knew.jpg [View same] [iqdb] [saucenao] [google]

There were multiple signs in 2007 as well, and plenty of people were saying the same thing. Everyone likes to think it was one big "gotcha" moment and then everything fell off a cliff. But it wasn't like that.

>> No.15845778

How will 2020-21 turn out?
1) Everybody expects it
2) Several months later it doesn't happen, in fact market is ATH
3) Officials giving out hopium and dispelling recession "myths"
4) Everyone gets complacent
5) It happens?

>> No.15845805

Deustche bank has $47T in derivatives exposure. One fucking bank. It’s a bigger problem now. Can you imagine the public response if they ask for even a $25T bank bailout?

>> No.15845942

I think it's more likely Germany would just take the whole thing under conservatorship a la Fannie/Freddie. For that country, especially where their economy already is, it's literally too big to fail

>> No.15846293

It sounds very similar, today both the president and the Fed chief are always saying how "strong" the economy is and how rate cuts "support the positive outlook" of the economy

>> No.15846455


BTC will be digital gold and LTC is candidate for digital silver.

I honestly think there will just be localized forks and the closer you get to the originals (BTC, LTC, NAH, etc) the higher the value will be.

I foresee all company stocks becoming tokenized. In a sense, I think people will just hold company tokens [like having 401k] and just convert them to currency coins based on personal budgets for shopping.

Investing becoming affordable for the common man again and not just giant funds like vanguard and morningstar makes crypto a very potentially lucrative early space to speculate.

>> No.15846480

0 fee etfs are available now dipshit. Investing is cheap and easy now. What are you smoking

>> No.15846514


Not what I mean, it would substantially reduce overhead for companies to issue stock and people could be invested in projects without having to calculate bullshit like what the tax hit will be if they cash out of a 401k

It's highly liquid and convertable

>> No.15846527


I usually smoke camels

>> No.15846528

I don't understand, how will the Jews take their cut though?

>> No.15846548


I dunno, they are smart enough and have enough nukes to figure something out.

You tell me, Einstein

>> No.15846599

The first four paragraphs here are right on

>> No.15846796

Yessir. Hong Kong and China

>> No.15847044

>The repo purchases in the money markets indicate our institutions are already insolvent and the Fed is quietly keeping things afloat.
Yeah this could very well be true, there was a lot of secret shit that went on behind the scenes in 2007 that only emerged to the public in 08-09 after crisis hit and the surprisedpikachuface politicians subpoenaed everyone they could get their hands on to find out what happened

>> No.15847072
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>> No.15847173

I notice your the most simplistic poster stinking up the boards with your dribble .
Meanwhile sarcastically calling everyone else “Einstein “
Projecting much there Pops

>> No.15847198
File: 737 KB, 1387x860, it's the liabilities. it's the liabilities. it's the liabilities.jpg [View same] [iqdb] [saucenao] [google]

Tick. Tock.

>> No.15847252
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>> No.15847684
File: 101 KB, 606x546, 2019-10-07_22-02-25.jpg [View same] [iqdb] [saucenao] [google]

From latest Keiser Report

>> No.15847713
File: 370 KB, 620x472, 7A031369-18EF-49A6-BD9D-D74888263D75.png [View same] [iqdb] [saucenao] [google]

Nikkei and S&P are gonna make it, bullbros.

>> No.15847749

This is the mathematical certainty that needs to be made front and center to everyone. There is no possible way the unfunded liabilities can be paid out. Boomer pensions are fucked 100%.

>> No.15847770

>Boomer Pensions
Eh... they’re still going to squeeze the fuck out of us to milk Medicare and social security, and stick us with the bill. When the interest on the national debt exceeds GDP, they’ll finally die and fuck us all.

Until then... well we do our best to make it.

>> No.15848025
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Ara ara, you tiny bears are so delusional~

>> No.15848324

so you're joking right?

brokerages hold an account that gives some interest, similar to a bank account, so it is backed by brokerage firm, so if they go tits up then he is fucked, but if a major online brokerage goes tits up we all are fucked, think money imploding, better hope you have gold, guns and grubs to wait it out fucked

>> No.15849071

If there was any time to prep, it's probably now.

>> No.15849144

>Bitcoin and all cryptos only know economic expansion and bull markets. If you're playing the odds, it's probably a bad idea to be a holder as we head into a recession.
This is false, check out what happened to btc in '13. During the Cypriot Bank crisis. The rich will buy to avoid bail ins. Just like they did in' 13

>> No.15849228

Free. Bank fucking raping you in every other possible way it can. Free.

>> No.15849675
File: 1.68 MB, 2048x1111, 1563854136918.png [View same] [iqdb] [saucenao] [google]

At least free is better than negative rates?

>> No.15849791

So, if we have money in the bank what do we do? Do I cash it all out and keep it under my bed? That doesn't matter if banks start printing currency. Do I buy Bitcoin that will probably be worth nothing since you can't buy food or much else with it.

Do I invest in specific stocks like food? Or should I just spend it on whatever?

>> No.15850170

lol my parents have 0 pension/retirement. They just bought a bunch of land and houses offshores.

>> No.15850187

>Not all of the collateral taken gets sold back
care to explain to a brainlet what does this mean?

>> No.15850214

>So, if we have money in the bank what do we do?

GICs and wait the storm out

>> No.15850286

Get water, Non-Perishable food, PMs (Especially gold) and, preferably, a bug out location if possible. Don't completely trust neighbors. Bear in mind that that's only if it gets, really, REALLY bad and QE completely screws over inflation.

>> No.15850609
File: 187 KB, 370x430, 1567282222330.png [View same] [iqdb] [saucenao] [google]

At some point social security, medicare, pensions, and everything else "promised" to private citizens will have to be slashed. Sacrificing the elderly, retired, and unwell just to stall the whole system from collapsing a little bit longer

>> No.15850719

>There is no possible way the unfunded liabilities can be paid out.
The notion of anything being "unfunded" or "funded" is a bad fiction. Everything can always be paid for, creating the illusion that there exists "funds" the government collects to put towards certain things was just a conservative political idea. You can abolish counterproductive stuff like payroll taxation and get a lot more growth.

Any liabilities incurred in a countries own currency can always be meet. There's no situation where the government can't spend unless it doesn't want to.

>> No.15850906


>> No.15850929

Oh look, its another deluded crypto bagholders lust for doomporn thread

>> No.15851101

Why stop at government jobs? Why not count everyone with a private sector job as unemployed while you're at it?

Governments have work that needs doing. It's more efficient for the government to employ people to do the work than outsource it to the private sector. But some people can't comprehend that sacking people doesn't result in greater efficiency.

>> No.15851155

It’s not a bug it’s a feature

>> No.15851434


>> No.15851511

It's the first reply

>> No.15851671


>> No.15852509

>$21.5 trillion GDP
>$22.8 trillion debt, constantly growing at faster rate than GDP
>$126 trillion owed to boomers long term, growing at MUCH faster rate than GDP
Yeah I'm thinking we're fucked

>> No.15853022

OK faggots.
So lay it down simply for a brainlet.
The point is take out all my goy papers out the bank and buy the land before joos do it. Is that it?

>> No.15853250

You should be doing that anyway. If you have money sitting in a bank, not only is it not working for you, you're losing purchasing power every single day with inflation.

>> No.15853325

I was foolishly accumulating.
And hemorrhaged the purchase power away.
Effectively chose less land but no debt.
Maybe stupid, but I just wanted to avoid being an indebted slave at any cost.

>> No.15853381

They never destroyed Rome. It lives on inside us

>> No.15853791

Many banks in Europe have negative rates now too, so you lose even more. You pay the bank for the privilege of being able to save money. Only a matter of time before US follows suit

>> No.15854016

>Keynes btfo

>> No.15854366

Full vid is here https://www.youtube.com/watch?v=KJDpet4BXuc

>> No.15854445

That, or Gold. Depending on how much gold skyrockets in value, you may be able to do that with some of it.

>> No.15854482

There will be no collapse. Negative interest rates means a government can borrow money until the end of time without worrying. Just look at Japan. Debt won't matter.

>> No.15855077

I can give you xact figures on that
I got 2 accs
one has +0,10% , another +0,75% rate (going to bank run them both)
2yr fixed savings acc yields +1,40% (banks are probably betting on QE)
Mortgage rate is 0,90%

>> No.15855142

But what if there's another massive crash hat's overdue by now, and we get QE and bank runs to cover tens of trilions in toxic bank assets?

>> No.15855233
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>> No.15855243

IMO it will keep maintaining the status quo that is pricing out the population of land and home ownership
> banks print more paper
> lend out big money to goys
> RE prices rise (again)
> wages stay the same
> goyim have to borrow big money to acquire an overpriced cuckpartment
back to the step 1, rinse and repeat

>> No.15855685

Prices drop dramatically in a crash, right? Seems easier to just hoard the assets when the time comes.

>> No.15856192

For a 60 year old that chick is pretty cute desu

>> No.15856634

>The USA has reserve currency status so we fared well without mass immigration

Are you under the impression the US hasn't had mass immigration? What do you call the last 55 years?

>> No.15856660

They are just blowing more air into this massive fucking bubble, this recession may trump the 1920s Great Depression at the rate they are devaluing the dollar.
This guy agrees.

>> No.15856711

Government jobs simply take money out of the private sector of the economy and hand it to people in government, doing jobs that are done much more efficiently in the private sector anyway. It shouldnt count as a job.

>> No.15856720

This is not the real Ben Rickert.

>> No.15856778

you call it a drop in the bucket when compared to REAL mass immigration

>> No.15856830

>It's more efficient for the government to employ people to do the work than outsource it to the private sector.
No, it really isn't more efficient at all. Government does not know how to allocate resources because they do not have a profit incentive nor real consequences for failing to do their job.
>But some people can't comprehend that sacking people doesn't result in greater efficiency.
Words words words. This is measured on a case by case basis, you simply cannot make that kind of judgment.

Let me guess, you work a government job. Or you're a NEET.

>> No.15856846

Wow a news reporter knows how to put on a good look. what a shock

>> No.15856856

Governments routinely overspend for shit products. Even when they outsource to the private sector.

>> No.15856909

What's wrong with the fifth? Would you stick to cash?

>> No.15857602
File: 51 KB, 1024x691, 1570384332475.jpg [View same] [iqdb] [saucenao] [google]

>Any liabilities incurred in a countries own currency can always be meet
By printing money and hyperinflating the dollar, sure. It wouldn't just have a domestic effect either, the dollar would become weaker and weaker against all other currencies, especially from emerging nations. USA wouldn't be able to do that and also remain an economic superpower. Which, eventually, means it wouldn't be able to remain a superpower in any sense.

Meanwhile countries like China treat their people like shit, but as a result they're able to remain solvent and manage debt (relative to others). If any drastic measures are needed, they are able to take them swiftly. It just comes at the cost of living standards for their working-class citizens.

>> No.15857658

Keep up the doom and gloom, bears. I'll be over here riding the bull.

>> No.15857667

Its worse than that. The federal deficit > GDP growth. If they werent running a deficit it would be recession right now. Wait till we are actually in a recession $3, $4T in deficit?

>> No.15857962

Scaring me now, forgot we take on another trillion in debt every fucking year. Plus the yearly interest on the ever-compounding debt we already have...

>> No.15858918

I mean, yeah it'll probably still be bull for a little while, likely until mid to late next year

>> No.15859421

Just fucking let the Euro economy crumble. Fuck it. They need it to survive long term, if the zombie companies aren't poofed out of existence in the next recession, when will they!??

>> No.15859429

Meaningless. Sigh. More substantial analysis please.

>> No.15859923

its really beginning to look like the FED is intentionally fast tracking the hyper inflation of the USD. i think the FED is being used as a weapon of war right now to destabilize the global economy.

>> No.15860114

This all leads back to China

>> No.15860319

Found the boomer

>> No.15861400

Well, it's likely about destroying fiat, and causing a crash to buy up whatever they don't own at rock bottom prices before the hyperinflation phase. Then the currency reset. How long until cash is no longer king, you think?

>> No.15862324

Not that it stopped the Fed.

>> No.15863199
File: 25 KB, 720x543, 1565547755559.jpg [View same] [iqdb] [saucenao] [google]

Alternatively, they could rate interest rates and keep the dollar afloat, at the cost of the stock market. Basically intentionally triggering a recession which would be bad, but potentially less severe than the depression that would result from the hyperinflation scenario. Bad times are coming no matter what, economy is systemically sick, only question is whether we take our medicine now or go to the emergency room later

>> No.15863383

*raise interest rates

>> No.15863540
File: 67 KB, 540x540, 1566353512531.jpg [View same] [iqdb] [saucenao] [google]

It's only a matter of time. >>15847198
>ID: Thy clock

>> No.15863591

A bank bails-in before it fails.
The FDIC insurance doesn't come into effect.

>> No.15864382

Should we expect deflation before hyperinflation if they decide propping up stocks is more important?

>> No.15864457

Politicians would never go for triggering an intentional recession. Neither can they do any real tax reform or spending cuts, because the budget gets deadlocked leading to a government shutdown yet again. China wins in the end because there's no political cycle. No worries about reelection, no pesky checks and balances, freedom to take whatever actions they need to.

>> No.15864460

And the blockchain will beats paper in terms of determining the value.

>> No.15865198

Yes, because rates are already near zero, Fed has been trying to prop up inflation for years and it hasn't been working. Europe and Japan went negative and it still isn't working. Deflationary spiral seems like the only avenue left now.

>> No.15866076

What could happen is short-term inflation as QE4 ramps up, stock market rally ahead of the election, and that's when the spiral will start

>> No.15866667

>parents inheritance
damn nibba your family must be rich. my boomer parents will work till they die wirh no sacings or retirement and told me I would be the same. Dad just got laid off and is working at home depot now at like 58. He's an abusive asshole but still feel bad for him.
Imagine working your whol life with no cash to show for it.

>> No.15867262

So, it's China liquidating it's US Bonds, isn't it?

>> No.15867517

I'm a brainlet, but I first started reading about this and the repo market interest surge, the whole reason apparently via some other anon was that one bank was insolvent but wouldn't fess up so the trust in lending between banks was very shaky. So one bank spooked the rest and interest for overnight lending spike to I think 10%. Not sure did that's right but the gist of what I read in some of the initial threads.

>> No.15867756

Read up on the Mississippi Bubble. History has never been more relevant than ever, because markets are the mere manifestation of human psyche.

>> No.15868291

This was me a month ago on here. Already took all my cash out (not much) have most of savings in vanguard sp500. Have cash, silver, rice, water, lighters, cigs, I could use more. It's better to have a decent amount of cash on hand instead of bank running anon. Still worries about my index find tho. Get some PMs at least

>> No.15868483

yeah if you have the assets to hoard or the cash to biy up all rhat property. Joe wagecuck and his family will lose everything again.

>> No.15868522

tfw a well to do guy I know told me his friend of 30 years was govt worker who was a meth user. Even when he was using ornthe job they still refused to fire him proper him go until a decade later. They were aware of the drug use too. They just let him retire with a fat pension.

>> No.15868623

Repo markets are where banks lend to each other for liquidity? So, likely.

>> No.15868629

Found the NEET

>> No.15868660

It's an extremely long and excruciating process to fire a government employee.

>> No.15868669

>whether we take our medicine now or go to the emergency room later
You knowwww which one the politicians and the Fed will take.

Buy gold and silver

>> No.15868686

whatd he spend 40 years of work on?

>> No.15868921

Yes. Because colonies and slaves.
Free labor + free resources.

The whole humanism and egalitarianism thing killed the economy.

>> No.15869441

Fiat won't get them cat food at the end of this.

>> No.15870597

If the repo market blows up again overnight and the Fed cant save it this time, do you think the govt would just not allow the stock market to open that day?

>> No.15871095

even with the reason of heavy drug usage, that's nuts dude

>> No.15871158
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destroying his family and eventually becoming a faggot and buttfucking young illegals. Thats his legacy now. He treated them better than his 3 children and animals (he beat dogs and me and my siblings)
>make 70k after taxes
>live above means
>go out to eat and the club often
>fuck dudes as old as your middle child (current bf is 24, I'm 28)
>all 3 adult children make min wage and have issues
>tells us we are too stupid to understand how to get a similar job as him
>call us worthless and garbage for 20 years
>chase us lol bro with katana
>"why wont my kids talk to me!"
>lose job and won't climb corporate ladder again
>work at home depot, hopefully humbled but prolly not
also found out I have Aspergers this year.
Stacking as much cash/investments as possible and living frugal to avoid these mistakes

>> No.15871174

so pm's and sin bartering like cigs and alcohol?

>> No.15871444
File: 87 KB, 570x760, il_570xN.1747682586_i8cp.jpg [View same] [iqdb] [saucenao] [google]

stack caps nigga

>> No.15871621


Fucking based, on second thought.

>> No.15871643

>you call it a drop in the bucket when compared to REAL mass immigration

America has 1/5 of the entire world's immigrants.

>> No.15872630

Buy silver anon, I'm hoping everything works out for you

>> No.15872688

Thanks fren
I've been following things for awhile and last thread I was in convinced me to buy a bit of silver with my savings. I only have 20 oz rn though. Not bad but I will keep stacking m8. Thanks <3 hope you make it when things get dodgy

>> No.15872700

>d i g i t s
i was going to poke a bit of fun but now maybe I should grab some...

>> No.15872987

Still trying to figure out where to go to buy gold/silver without looking like too much of a noob

>> No.15873051

hm i dont know, maybe google it? retard

>> No.15873265

So if everything is going to crash where do i put my money in crypto to keep it safe?

>> No.15873393

people will pull their money out of crypto because they'll need cash when they lose their jobs.

That's only if the economy crashes. If we get a mild recession, then maybe stop panicking so much.

>> No.15873399

So where does chainlink come in?

>> No.15873520
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Only the zoomers or late-millennials will do that, and they only had a few thousand to invest anyway so it doesn't matter. Millennials/GenX who actually have real amounts of money to invest won't be pulling out, because they're not young-and-stupid enough to invest more than they can afford to lose.

So, sure, a small fraction of the market will capitulate in a recession. But those of us in the long haul will hold until 2022-23 at least, because we have stable income that will last until then.

>> No.15873569

Does not matter at all, just make sure the price is within reasonable margin of spot prices.

>> No.15873667
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That is an extremely unique and depressing situation anon.

>> No.15873729

I do not fear a shaking line

>> No.15873737

a foolish sentiment

>> No.15874142


>> No.15875228

Some gold as well.

>> No.15875660

That would be pretty big, last time that happened was 9/11 iirc

>> No.15876321
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This. The whole "cash out to pay for groceries" meme is a giant misunderstanding by zoomers on /biz/ who have their entire net worth ($400) in crypto

>> No.15876323

The potential collapse of the fiat system is pretty big too.

>> No.15877186

Only kids and normies buying near ATH will do that. The vast majority of people who "need cash" have already gotten out of crypto. They did it right after it started crashing in 2017. That's how dumb money works.

>> No.15877307

just go to JM billions website. AS a complete newbie I did that. bought 20 1 oz bars with their logo. Another anon said some place a may look at you side eyed if they don't recognize the place it came from. Sent to me within a few days in a normal looking usps box.

>> No.15877359

What is a reasonable margin?

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