/biz/ - Business & Finance

[Anonymous No.16215355]

He's right, you know

[Anonymous No.16215356]

>>16215355
lurk more

[Anonymous No.16215417]

>>16215356
t. thin air buyer

[Anonymous No.16215525]

>>16215355
Someone wrote that for him.

[Anonymous No.16215538]

>>16215355
>it’s worthless but tax it anyway

[Anonymous No.16216001]

>>16215525
>Orange man bad! >:^(

[Anonymous No.16216018]

>>16215355
What is the USD based on tho?

[Anonymous No.16216039]

>>16215355
When you hate Trump, but you also hate Communism. Wat do.

[Anonymous No.16216064]

>>16215355
based boomer
cryptozoomers btfo

[Anonymous No.16216068]

>>16215355
Fuck this boomer

[Anonymous No.16216083]

>>16216064
The world is moving on a head without the US's guidance these days.

Losing influence!

Sad!

[Anonymous No.16216133]

>>16216039
realize politics is for idiots

[Anonymous No.16216150]

>>16216133
BASED

[Satire No.16216177]

>>16216133

[Anonymous No.16216186]

>>16216177
Elective monarchy

[Anonymous No.16216242]

>>16216186
Look what happened to Poland-Lithuania.
Voting. Is. Gay.

[Anonymous No.16216259]

>>16216018
The barrel of a gun. Lots of guns

[Anonymous No.16216601]

>>16215355
fuck that dumb Zionist boomer

[Anonymous No.16216609]

>>16215355
I prefer reddit

[Anonymous No.16216887]

>>16215355
$ is not money either as its value is similarly based on thin air.
Is he advocating going back to using gold coins only ?

[Anonymous No.16216898]

based trump destroying libra and libtards who think he's fudding crypto in one swoop
4d chess

[Anonymous No.16216955]

>>16216018

Hundreds of millions of people are required to pay their yearly protection money payments in USD. Otherwise their assets are stolen and they themselves kidnapped and forced to spend years/decades in multicultural gay rape concentration camps.

[Anonymous No.16217012]

>>16215355
>CRYPTO IS NOT MONEY
>ALSO WE'RE TAXING YOUR PRECI- I MEAN WORTHLESS CRYPTO, GIVE IT BACK

[Anonymous No.16217227]

>>16216259
Based post if the week

[Anonymous No.16217254]

Let's be honest, there is no future for cyrpto. Just a bunch of autists on here trying to pump the value by making infinite threads to convince new retards to buy so the cyrptolosers can save face.

[Anonymous No.16217288]

>>16217254
This. It's all downhill from here.

[Anonymous No.16217429]

>>16215355
he's not only wrong, he is being a hypocrite since his holdings are not in USD and they will never be

[Anonymous No.16217446]

>>16215355
trumptards
>he's right, you know
spoken like a true cuck. You dumbasses just hate accessible wealth creators and want your overlords to fuck you in the ass (literally too, not just financially).

[Anonymous No.16217462]

>>16216001
he is tho. 50%of fulltime workers lived paycheck to paycheck before him. Now its 78%. Dont bullshit me thats people's spending habits in order to cope with his shitshow presidency. Fucking rednecks.

[Anonymous No.16217467]

>>16217446
butthurt

[Anonymous No.16217474]

>>16217012
This.

[Anonymous No.16217486]

>>16217467
LOOOL!! This faggot actually saved the gayest picture he could. Holy SHIT. Imagine sucking someone's dick THAT much.

[Anonymous No.16217510]

>>16216039
Damn she used to be really hot

[Anonymous No.16217529]

>>16217486
You are seething with rage, its apparent to everyone but you.

[Anonymous No.16217564]

>>16217510
indeed

[Anonymous No.16217568]

>>16217529
Dude. you have no arguments. Just gay pictures. Pretty sure you're the one seething since you know statistics dont look favorable for trump's presidency.

[Anonymous No.16217582]

>>16217568
Give me a break retard.

[Anonymous No.16217642]

>>16217582
Thats not what I meant, dumbass. Im talking about the shitshow economy. And why the fuck would I care about wisconsin in particular? I dont feel like digging up the stats for polling, but david packman does that for you so go look him up and see how trump has been dropping in popularity as a whole. Again though, I mostly refer to the economy.

Next post will show you a "booming" economy kek

[Anonymous No.16217651]

He's right all the way up until he says the US dollar will always be the most dominant currency in the world.

[Anonymous No.16217656]

>>16217582

1. Discouraged workers (someone that wants a job, but gave up and hasn't applied in over 4 weeks) are NOT counted as unemployed.

2. People who make HARDSHIP wages ARE counted as employed.

Putting those 2 together = makes the unemployment stat look better/lower than it actually is. It is a lie that fools without critical thinking believe.

44% of 22-27 yr old college grads are underemployed (inb4 just do computer science as if everyone is capable of that. Even they have like a 24ish% underemployment rate for 22-27 yr olds: https://www.newyorkfed.org/research/college-labor-market/college-labor-market_compare-majors.html
Think about that. NEARLY 1/4 cs graduates aged 22-27 will be underemployed (don't know how it evens out over time. Still not amazing though. It's around 34% when including all ages and all majors). Also 1/4 college grads make highschool wages.
7/10 graduate with 29k+ in debt.

78% of full time workers live paycheck to paycheck ( *LITERALLY one paycheck away from homelessness and that is basically poverty* ). *42% of americans will retire broke* (so you give up the best years of your life being someone's bitch just to retire with nothing), 57% of americans can't afford an unexpected 500 dollar bill, 50% of renters are cost burdened (spend over 30% of their income on rent. Half of those spend over 50% of their income on rent), 30% of metropolis city jobs (where most jobs are created) pay hardship wages (not enough to move out with) and 32% pay livable wages (basically poverty) which leaves 38% that are decent (I say decent because you also have to take into consideration the toxicity of work culture. Also, some jobs ONLY pay livable or up BECAUSE of the hours put in. For instance, the average american works 47 hours a week. 49% work 50 hours or more a week. Both of which inflate the wage stats into looking better than it actually is), etc.

Welcome to the "land of opportunity" (load of bullshit).

[Anonymous No.16217669]

>>16217642
>Im talking about the shitshow economy.
Maybe if you stopped playing kids coingames you'd actually make money

[Anonymous No.16217690]

"unlawful behaviour"
>paid zero taxes for like the past 20 years

[Anonymous No.16217694]

>>16217656
>44% of 22-27 yr old college grads are underemployed

This stat has been almost completely constant for 20 years.

>78% of full time workers live paycheck to paycheck

People buying the latest phones and rolling their negative equity into their Ram 1500 is a sign of a good economy retard.

The economy is doing great, the paycheck blowing retards have always been history's victims and unless the government makes buying things illegal that will continue forever.

[Anonymous No.16217700]

>>16217669
how the fuck does the DOW almost double in 3 years and people are like "ohyeah totally normal" lmao

[Anonymous No.16217701]

>>16217669
Imagine being so retarded as to base how people are doing on how a stock performs, KEK

here, 1 IQ monkey, >>16217656

[Anonymous No.16217713]

>>16217462
holy shit you're so retarded

[Anonymous No.16217717]

>>16217694
>People buying the latest phones and rolling their negative equity into their Ram 1500 is a sign of a good economy retard.
kek >>16217462


>The economy is doing great, the paycheck blowing retards have always been history's victims and unless the government makes buying things illegal that will continue forever.

Yes yes, retard. cherry pick and ignore all the bad. We get it, you are a dogmatic clown.

[Anonymous No.16217734]

>>16217713
>holy shit! You used DATA! Data is FAKE NEWS so you're retarded!
>everyone knows you have to ignore what make trump looks bad!
dogma. You would fit right in north korea

[Anonymous No.16217738]

>>16217700
>how the fuck does the DOW almost 10x in 20 years and people are like "ohyeah totally normal" lmao

Buy and hold boomers are making a a killing while you waste your time

[Anonymous No.16217746]

>people are spending all their money
>this is Donald's fault

People like you are why nothing will change. Blame trump, blame the next president, and blame the one after him, and watch everyone continue spending their money

[Anonymous No.16217750]

>>16217701
What stock you retard?

[Anonymous No.16217761]

You probably also think inflation is bad for the middle class (because you are a retard)

[Anonymous No.16217769]

>>16217717
Why are they living paycheck to paycheck? Is the government coming to their house at gunpoint and taking their money?

[Anonymous No.16217779]

>>16217769
Orange man controls the economy, stupid

Imagine believing this

[Anonymous No.16217782]

>>16217769
Ever hear of inflation? Na, you're too stupid for that.

[Anonymous No.16217802]

>>16217779
Does Orangeman make people live paycheck to paycheck. Money comes in and money comes out yet you ignore what actual happens with that money. Too stupid to focus.

[Anonymous No.16217804]

>>16217782
>inflation is bad

you actually know literally nothing about our economy

[Anonymous No.16217814]

>>16217782
>inflation boogieman

Take a fucking econ course.

[Anonymous No.16217847]

>>16217769
inflation but also just cost of living being too high and jobs paying shit. A total shitshow

>>16217750
...do you even know what the fuck you posted is?

[Anonymous No.16217868]

>>16217804
>>16217814
pic related. Pay hasnt gone up to alleviate inflation meaning buying power has been decreasing, you fucking retards. YOU should take an econ class, dumb fucker

[Anonymous No.16217882]

>>16217738
you realize buy and hold boomers who are contributing their monthly portion of income to a pension/investments are the reason for the inflation of the DOW/S&P, the minute they start retiring and cashing out its gonna be a fast slide down. We might even keep this ponzi well and alive for the next 5-10 years but after that a shitstorm as massive as the entire country of USA is going to ensue.

[Anonymous No.16217888]

>>16217847
Did you know the average person has always been a retard and made shit wages? Is this some sort of revelation to you? Have you ever worked a job and seen some of your coworkers? When you throw around nonsense platitudes about jobs paying shit and cost of living being too high you are defending those people.

Either you rise above the human wreckage around you or you stay in your lowly place, this has been the order of power and wealth for all of human civilization.

[Anonymous No.16217890]

Not sure why, but I notice an influx of retards. Biz feels like it's filled with 1IQ monkeys. I'll probably be leaving this board soon. I was here for the memes, but holy SHIT there are soooooo maaaaany fucking retards. It's not even funny how bad it is now

[Anonymous No.16217909]

>>16217868
Inflation hasn't even hit its targets for several years, you should be celebrating

Wait, what? Inflation only meaningfully affects the rich who are at the wage ceiling and has no meaningful impact on people who were going to live paycheck to paycheck by design because they're middle class?

What do you mean the middle class dont have enough wealth for the lag between wage increases and target inflation to make a significant impact on their lifestyle?

MOOOOOOOM

[Anonymous No.16217916]

>>16217888
>Did you know the average person has always been a retard and made shit wages? Is this some sort of revelation to you? Have you ever worked a job and seen some of your coworkers? When you throw around nonsense platitudes about jobs paying shit and cost of living being too high you are defending those people.
You're right! What was I thinking! I should be defending the top 1%! Not your average american!
Fucking looool imagine being so retarded as to justify a shit economy by saying "I hate people. They deserve to get shit on just because".
Okay. Keep your shit mentality, just don't BULLSHIT me that this economy is working for the majority.

>Either you rise above the human wreckage around you or you stay in your lowly place, this has been the order of power and wealth for all of human civilization.
Yes, hence why you'll always be a cuck. Thats the thing with republican normies. They think they are special and will one day be rich yet they tend to hate crypto :)

[Anonymous No.16217919]

>>16217868
Pay goes up over time.

Do you parents make the same amount they did at 22?

[Anonymous No.16217922]

>>16217882
>when people retire they just market sell all of their stonks

Fucking yikes

[Anonymous No.16217931]

>>16217909
>and has no meaningful impact on people who were going to live paycheck to paycheck by design because they're middle class?
huh? What part of people having less buying power dont you get? How basic is your brain?

Do you even KNOW what buying power is? Yes, it has in fact been decreasing for tour average american, you fucking idiot

[Anonymous No.16217935]

>>16217916
>Not your average american!

Your average American is a drug addict who goes out to eat 3x per week, thinks they "deserve" a new car and has a sky high divorce rate because of their 20+ sexual partners before marriage.

[Anonymous No.16217940]

>>16216001
>jew golem no. 45 good

[Anonymous No.16217957]

>>16217919
Are you illiterate? I didnt say pay doesnt go up in time?????????

What the FUCK! Did you actually fail to understand my point despite me spelling it out for you? I'll try again, 1IQ redneck.

YES the amount of money people paid has OBVIOUSLY gone up BUT it has not kept up with inflation meaning people have LESS BUYING POWER.

You're an IDIOT that just sees bigger numbers and thinks that means more buying power. How are people this stupid?

[Anonymous No.16217968]

>>16217931
Not significantly. How do you prove this to someone as retarded as you?

Do you think the middle class on average lives a better life, or a worse life than the middle class from 1950?

They live better lives in spite of "muh purchasing power" THE MIDDLE CLASS DONT HAVE PURCHASING POWER. They get instead what is called a "WAGE"

Inflation robs the wealthy and incentivizes them to SPEND and not HOARD CASH.

[Anonymous No.16217972]

>>16217935
Again, go ahead and keep your shit down syndrome mentality. Again, just dont bullshit me that this economy is "booming" when in reality the majority are fucked

[Anonymous No.16217977]

>>16217957
>my parents who make $120k each have less buying power than when they make $3.25 an hour in high school

Did you go to public school?

[Anonymous No.16217976]

>>16215355
Ok boomer

[Anonymous No.16217991]

>>16217968
>>16217972
It is in fact when inflation FAILS to meet target rates, that the middle class hurt - which is exactly what is happening right now.

As a wealthy 1%, I can just wait until inflation starts working again to spend my infinite reserves of cash. Why would I spend today if I know inflation for this year will effectively be 0%?

The middle class dont ask themselves these questions because they dont make enough for them to matter, at all.

[Anonymous No.16217999]

>>16217972
The majority are always fucked retard. That's built into the economy. They get their spankings during the downturn every 10-20 years and life goes on.

You think the average person is always fucked. That's what makes the economy so strong.

[Anonymous No.16218009]

>>16217968
>Not significantly. How do you prove this to someone as retarded as you?
you didnt understand the chart, did you? :) Yes, it was sognificant, idiot. Not my fault you cant do math.

>Do you think the middle class on average lives a better life, or a worse life than the middle class from 1950?
worse obviously. Boomers had lower barrier to entries, didnt need college degrees, didnt need to go into debt for the same jobs subsequent generations get with degrees, and had more buying power.

Not my fault you have no understanding on what BUYING POWER is. Let me spell ot out for you. It is basically showing the PERCENTAGE of how money can be allocated. People have LESS to work with despite making "bigger numbers". Holy shit, you boomers are stupid as FUCK

[Anonymous No.16218015]

>>16217999
Hes never going to understand the economy works despite everyone not having enough money to NEET with now for the rest of their lives

He wants communism but is too stupid to realize hes arguing for it

[Anonymous No.16218025]

>>16217999
>You think the average person is always fucked. That's what makes the economy so strong.

[Anonymous No.16218034]

>>16215355
the president commenting on Bitcoin and cryptos is bullish for the entire crypto market.

[Anonymous No.16218041]

>>16218009
>people now live worse lives than people in 1950

Yes retard, the PERCENTAGE of someone making 18k a year vs the PERCENTAGE of someone making 2bil a year should be enough to show you why inflation is a good thing. If you cant put it together, you deserve to rage into the void about "muh 1% trump rigged economy"

Every single day a poor retard like you is born and instead of saving their money, dedicate their lives to demanding they magically earn more of it, math be damned.

[Anonymous No.16218045]

>>16218015
communism for pointing out inefficiencies? Looooool
Okay. Im done here. Every criticism = communism apparently. Dogma. Dogma. Dogma. What a stupid ass clown.
>m-muh communism!
THAT'S your retort? Fucking hell, biz is filled with dumbass bitches.

>>16217991
you're an idiot. My point is people have less buying power. That is not something you can argue against no matter how hard you try.

[Anonymous No.16218061]

>>16218045
It is and I have, seriously dude read an econ book

The numbers you're trying to use are literally like $10 of an average person's paycheck

You have a much better argument in that sense to abolish Medicare than complaining about inflation, lmao

[Anonymous No.16218064]

>>16218041
>Yes retard, the PERCENTAGE of someone making 18k a year vs the PERCENTAGE of someone making 2bil a year should be enough to show you why inflation is a good thing

Yet the majority are doing WORSE. Kek.

>math be damned.
youre the one ignoring the stats Ive used fucking lol

[Anonymous No.16218074]

>>16218061
What part of people having less buying power is rocket science to you?

[Anonymous No.16218083]

You're no better than gold bugs who try to fearmonger new generations with "government bad. Rocks good. Buy my rocks goys"

You would cause drastically more harm than good as someone with influence on economic policy. Thankfully those rules require candidates to be educated..

[Anonymous No.16218090]

>>16218061
here, pseudo intellect. Pic related
Let me guess?
>F-FAKE NEWS!!!
Fucking boomers cant think

[Anonymous No.16218099]

>>16215355
I like Trump but you have to remember he is LITERALLY a boomer. That generation doesn't even understand bit torrent.

[Anonymous No.16218116]

>>16218090
If that chart were reversed you'd probably think the average American gained significant wealth by doing nothing, which is how I know you're retarded

[Anonymous No.16218118]

>>16218090
Anyways, this post along with my longer one above with just stats already settled the argument.

You know how arguments go though. It's not about being right. It's about "winning" and trying to get the last word in since there's nothing but sub-human apes here.
The person that is right (me) doesn't "win". Its the autistic person that screams the loudest. I swear I'm probably leaving this board soon. Filled with either neets or dumbass boomers that fail to comprehend numbers

[Anonymous No.16218122]

>>16218025

>inflations all over the place man! buying power man!

Guess what is way worse than inflation?

https://en.wikipedia.org/wiki/Deflation#United_States

[Anonymous No.16218126]

>>16218116
holy shit.. That's your argument? Just stop talking. I am fed up with retards that can't admit when they are wrong

[Anonymous No.16218146]

>>16218126
Lmao

[Anonymous No.16218150]

>>16218083
its funny how trump never listens to his advisors and says the most uneducated bullshit too
>nuke hurricanes!
>lets give tax cuts to businesses to stimulate the economy! https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1PM0B0

etc. Idiots everywhere

[Anonymous No.16218158]

Think, tard, if time reversed that chart would signal deflation and the country would collapse in a decade

[Anonymous No.16218169]

>>16218083
vote for him again though. He has not helped the situation but hey! thats a good thing, huh? Like the other retard said, "the majority of americans getting fucked leads to a good economy!". kek >>16217999

[Anonymous No.16218175]

>tax cuts to get companies to file in the US is worse than Apple filing all profits in fucking IRELAND

You are like a little baby

[Anonymous No.16218180]

>>16218158
Okay? My point is people have less buying power and that is getting worse over time. That's it. Idiot. Retards. Dumbasses. Holy fucking shit

[Anonymous No.16218193]

>>16218175
Huh? When did I make THAT argument? Just putting words in my mouth to attack an argument I never made. Retards everywhere

You argue like a down syndrome 3 year old

[Anonymous No.16218194]

>>16218180
And that's called inflation, and it's good. Where is the disconnect in your brain dude

[Anonymous No.16218204]

>>16218194
>less buying power is good!!!
Do you even fucking KNOW what buying power is? You're fucking telling me people being able to use less and less of their money is a fucking good thing. What a moron

[Anonymous No.16218207]

>>16218074
What part about wage inflation is rocket science to you?

[Anonymous No.16218213]

>>16218194
Look everyone. the typical dumbass trumptard actually thinks less buying power is good. He probably doesnt even know what buying power is looool

[Anonymous No.16218215]

>>16218204
See: deflation (the alternative)

There is no hope for you

[Anonymous No.16218221]

>>16218207
What part of wages increasing is what buying power already takes into consideration is rocket science to you?

Buying power has been reduced even when taking increased wages into account, you FUCKING IDIOT

[Anonymous No.16218237]

>>16218215
>less buying power good!
Theres no hope for you. Also, my argument isn't anti inflation either. It's simply that pay hasnt kept up to alleviate inflation making it so that people are able to spend LESS. You arent understanding that.

Even WITH increased wages, in terms of percents, people are able to use LESS of their money to buy things, MORON

[Anonymous No.16218258]

>>16218237
basically wages havent kept up. Trumptards cant understand this shit

[Anonymous No.16218261]

>>16218237
Doesnt matter you dont have enough money for it to matter. Or you wouldn't be middle class. Keep waiting got magic to happen

[Anonymous No.16218272]

>>16218221
Your meme graph is about buying power of the dollar, not income you fucking idiot

[Anonymous No.16218285]

If the average person could use more or their wages % every year the economy would collapse quickly because that's called deflation.

[Anonymous No.16218339]

>>16218272
factually false, brainlet https://www.google.com/amp/s/www.cnbc.com/amp/2019/11/05/millennials-earn-20-percent-less-than-boomersdespite-being-better-educated.html

[Anonymous No.16218352]

>>16218285
You are saying the less buying power the better. Just what the fuck. Where the hell do you draw the line as?

[Anonymous No.16218355]

>>16218339
Your article is about why boomers need to be removed and has nothing to do with inflation.

Castrate yourself.

[Anonymous No.16218356]

>>16218339
Muh goalposts

[Anonymous No.16218366]

>>16218352
About 2% target a year. Retard.

[Anonymous No.16218530]

>>16218356
>goalposts
literally the same argument

[Anonymous No.16218540]

>>16218355
It shows people have less buying power now, idiot. Kill yourself unironically

[Anonymous No.16218554]

>>16218540
It shows that the poor have less buying power, that's a wealth distribution issue. Please go to school.

[Anonymous No.16218571]

>>16218554
Okay lets go with that. My original point about Trump's economy being shit still stands :)

[Anonymous No.16218583]

>>16218571
>muh cheeto hitler
Never going to make it.

[Anonymous No.16218604]

>>16215355
>Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity...
so can any fiat currency which drugs are traditionally bought in. also, link the tweet to show its real.

[Anonymous No.16218608]

>>16216001
> everyone who doesn't agree with MIGA must be a liberal

[Anonymous No.16218635]

>>16215538
>>>16215355 (OP)
>>it’s worthless but tax it anyway
He only compares it to air because you can't (yet) tax the air.

Bloody giga-kike. He cries out in pain as crypto strikes at his precious system.

[Anonymous No.16218759]

>>16218122
Yes, infinite inflation is so much better especially when both political parties are determined to import as many foreigners as possible in order to depress wages on both ends of the wage spectrum and to replace the traditionally white population who have a much higher standard of living than the peasants from third world hellholes.

[Anonymous No.16219067]

>>16217888
very based anon

[Anonymous No.16219082]

>>16219067
>most people struggling is a good thing and basededd!!!!
You're literal cancer