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/biz/ - Business & Finance


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17023221 No.17023221 [Reply] [Original]

This will never end. Dollars are worth nothing at all and stonks are only mooning because the USD is losing value at an accelerating rate.

>> No.17023249

dump (((federal reserve notes))) whenever you get them and convert all savings into crypto and gold. it is the only way they will learn

>> No.17023270

>hmmm how do we raise the fed funds rate without crashing the economy
>I'VE GOT IT
>WHAT IF WE JUST HAND OUT MONEY FOR FREE!!!!!!!

>> No.17023296

>>17023270
YANG GANG 2020 AYOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO WE IN HERE

>> No.17023319

>>17023221
man the stock market crash is going to be beautiful. apple stock is gonna go to like $5. they haven't seen someone get rekt as bad as the us economy is gonna get when this all tumbles down

>> No.17023402

>>17023221
anybody else feels like the banks are blackmailing the fed into this?
The fed is forced to put liquidity into the market because without it, many hede funds would crash.
Meanwhile JP Morgan buys back shares and their stock has risen 30% since september

>> No.17023405

Who's got more insight on this?

>> No.17023430
File: 107 KB, 1920x1080, Venezuelan-Stock-Market.png [View same] [iqdb] [saucenao] [google]
17023430

BUY BUY BUY

THIS IS THE PERFECT TIME TO LONG THE S&BOOMER 500

>> No.17023488

>>17023319
only way this crash now is if the USD crash and that would mean the end of the west altogether
this is unironically the last stock market bull run

>> No.17023627

Every day it blows my mind that people fail to realise the main reason for stonks pumping lately - devaluation of the dollar! The stonks aren't worth more, the USD is worth less, therefore the price in USD of the stonk is greater. How do boomers not realise this. If I had any stonks I'd be cashing out soon. My retirement savings I will probably convert to gold/silver/safe assets once BTC starts pumping in earnest.

>> No.17023649

>>17023221
The federal what? RSV is the real reserve of the civilized man. Go play with your paper notes like a good kid.

>> No.17023710

When is this golden bull run over?

>> No.17023739

subsidising the repo market= communism

>> No.17023757

Stay mad beartard

>> No.17023801

>>17023710
never
check out the lessons of 1929 and the consensus of endless reflation.
no more crisis in your life time even if you re a zoomer

>> No.17023819

>>17023221
this looks safu

>> No.17023826

>>17023801
Except both of those were developed in a timeline where crypto didn’t exist

>> No.17023862

>>17023221

I understand. And don't care.
In my eyes there dreams an ocean
Hell beneath my tongue

I understand,
And don't care
Cause the skyscrapers look like gravestones
From out here.

>> No.17023922

>>17023826
bro the limited supply of money due to the gold standard was the problem in the first place!
They got rid of it and 2008 proved that reflation works good enough to go another few decades with the current elites in place

>> No.17023946
File: 6 KB, 257x196, 1576693697285.jpg [View same] [iqdb] [saucenao] [google]
17023946

>>17023801
>>17023922
Glad that idiots like you still post this crap. Good reminder that when you faggots inevitably lose it all no sympathy should be given.

>> No.17023976

>>17023922
If it was as easy as printing more money and injecting it into the stock market, why wasn't it done sooner? Surely the show can't go on forever?

>> No.17023978

>>17023946
I studied the economics our elites are executing. Doesn't matter if they are right or wrong, the financial elite will not give up they wealth peacefully.

>> No.17023986

>>17023922
KYS immediately you ignorant fucktard

>> No.17023992

>>17023986
WHATEVER IT TAKES THEY SAID
KYS

>> No.17023997

>>17023978
Then it will happen a different way.

>> No.17024008

>>17023221
>the USD is losing value at an accelerating rate
By what metric is this true?
Certainly not against other major fiat.

>> No.17024017

>>17023488
>end of the dollar means the end of the West
Holy shit no wonder you lost in Vietnam

>> No.17024026

>>17023270
It's okay to give money for free, as long as the person who gets it is not an Incel NEET.

>> No.17024054

>>17024008
try buying stocks, bonds, property, education or healthcare with it

>> No.17024066

>>17024054
or even bitcoin or gold, kek

>> No.17024080

>>17024008
Against gold it's been true for quite some time.

>> No.17024096

>>17024054
>try buying stocks, bonds, property
OP says those are "only mooning because USD is losing value", so this doesn't make sense.

>education or healthcare
You can thank government intervention for that.

>> No.17024105

>>17024054
>>17024066
unironically,
pleb goods have no inflation because pleb wages also are stable
everything that inflates is not for plebs, like property and bitcone.
if necessary all of them will get financially destroyed in order to pay back our debts, so we don't have to use our cashflow for it.

>> No.17024108
File: 60 KB, 994x645, Gold_price_in_USD.png [View same] [iqdb] [saucenao] [google]
17024108

>>17024080
>>17024066
>gold
Welllllllllllllll...

And even if that were true, it doesn't make any sense because OP said assets are only mooning because USD is losing value.

>> No.17024117

>>17024105
and afterwards those literal slaves will not even know what hit them
it's like they are born to be slaves

>> No.17024120

>>17023221
It's true. It's why the stock market isn't going to crash, lol

>> No.17024128

>>17024108
try non pleb metals like palladium and rhodium.
only plebs need them rocks to be shiny yellowish

>> No.17024142

>>17024120
oh it is. are you really this retarded?

>> No.17024153

>>17024108
Yeah that chart shows USD losing value against gold for quite some time, like I said.
And OP is right. Taking PMs as an example, they're not any more or less valuable then they were 20 years ago, you only need more USD to buy more of it because USD is worth less.
The two exceptions to the above rule for PMs are;

1) Increased use in manufacturing. This is why rhodium prices have been skyrocketing.
2) Increased loss of faith in fiat leading to increased demand for PMs as people look to use it as a store of value.

We're not at 2 for gold or silver yet, but I think we will be soon. 1 has already happened for some PMs, but I don't think will happen for gold or silver.

>> No.17024198

>>17024153
>Yeah that chart shows USD losing value against gold for quite some time, like I said.
Haha what?
First of all, when an asset goes up, you don't tend to say "omg USD is losing value against it", simply because there are tons of assets that are tanking in USD.
USD is a fiat enclosed within the US, and the only way to determine whether USD itself is gaining or losing value, is to compare it to fiat from other areas.

Secondly, it shows that Gold only barely matched its previous 1980 ATH around 2013, and has been tanking ever since.

You obviously have a massive chip on your shoulder, or you're just a huge idiot.

>> No.17024199

>>17023221
*CHOO CHOOOOOOO*
ALL ABOARD!!!
Next stop, Weimar!

>> No.17024230

>>17023488
Meh i have no issue with this. Look how degenerate society is becoming.

>> No.17024234

>>17024198
>when an asset goes up you don't tend to say "omg USD is losing value against it"
Yes I do because those two phrases mean the exact same thing.
>USD is a fiat enclosed within the US, and the only way to determine whether USD itself is gaining or losing value, is to compare it to fiat from other areas.
Actually that's a terrible way to determine whether it's losing or gaining value. You determine fiat value based on the purchasing power of that fiat, which can only be done by comparing it to assets.
>Secondly, it shows that Gold only barely matched its previous 1980 ATH around 2013, and has been tanking ever since.
Line of best fit is pretty consistently up and to the right in your chart.

>> No.17024317

>>17024234
>Yes I do because those two phrases mean the exact same thing.
That's like saying "the world is going backwards" instead of "the car is driving forwards".

>You determine fiat value based on the purchasing power of that fiat
Purchasing power of what exactly?
You can't even compare the types of consumer products between now and 20-30 years ago.

>Line of best fit is pretty consistently up and to the right in your chart.
It shows that Gold only barely matched its previous 1980 ATH around 2013, and has been tanking ever since.

>> No.17024337

>>17024234
You're the financial equivalent of Elliot Rogers.
You're either a market doomsday crier or an unironic socialist or something.

>> No.17024387

>>17024317
>That's like saying "the world is going backwards" instead of "the car is driving forwards".
More accurate to say “point A is to the South” instead of “point B is to the North”. It’s the same thing.
> Purchasing power of what exactly?
You can't even compare the types of consumer products between now and 20-30 years ago.
Don’t use consumer products, use unchanging assets like for example PMs.
> It shows that Gold only barely matched its previous 1980 ATH around 2013, and has been tanking ever since.
As I said before the line of best fit to your chart is up and to the right. Taking the ATHs and saying because it’s not there, even though it’s been consistently gaining for quite some time now outside of two points from a 50 year chart, is bad chart reading. USD is losing value against gold I don’t see why you are seething so hard about this.

>> No.17024424

>>17024387
>More accurate to say “point A is to the South” instead of “point B is to the North”.
That does not make sense.

>Don’t use consumer products, use unchanging assets like for example PMs.
Literally what?

>the line of best fit to your chart is up and to the right
Gold peaked in 1980, matched that peak in 2013, and has been tanking ever since.

>> No.17024450

>>17023270
>to fucking HEDGE FUNDS too!

>> No.17024454
File: 204 KB, 750x544, D5BB26CD-F773-4A02-8426-276CB9B24E3B.jpg [View same] [iqdb] [saucenao] [google]
17024454

>>17024424
By default if you only take the ATH of anything it’s going to be down, but that’s bad chart reading. Go ahead and explain how pic related is “tanking”.

>> No.17024532

>>17024454
>By default if you only take the ATH of anything it’s going to be down
Well yes.
lmao

>Go ahead and explain how pic related is “tanking”.
Well the ATH lies somewhere between the second-to-last and the last price reference.
You absolute moron.

So tell me more about how USD is taking against my pet shitcoin right now.

>> No.17024593

>>17024532
So just to be clear your definition of “tanking” is anything down from the ATH? And gold which I could have bought at any point other than a 3 year period over 50 years and be up, is “tanking”?

>> No.17024623

>>17024593
Anything that is part of a downward trend is part of "tanking", yes.
That includes pumps.
Unless there are solid signals of reversal, nothing changes that.

And all of this is beside the point, because how retarded are you to say "USD is tanking against asset X" when said asset is mooning?
Don't answer that, rhetorical question.

>> No.17024646

>>17024623
But the trend since the ATH is up, so by your own definition it’s not tanking.
And again there is no difference in saying an asset is increasing in USD price of saying USD value is decreasing compared to an asset. They mean the same thing.
And overall no matter what time frame you take, USD value compared to gold is decreasing. Your own charts show this.

>> No.17024655

>>17024646
Just to be clear you can draw a line of best fit since either of golf’s two post ATH “pops” and the direction of that line will be up and to the right. I know charts are a little too complicated for you so I wanted to spell that out.

>> No.17024697

>>17024646
>But the trend since the ATH is up
A couple of yeards do not a trend make.
They could though.

But again, all of this is beside the point.
The fact that you say "USD is tanking against gold" when gold is pumping is just hilarious.

>USD value compared to gold is decreasing
AAAAAAHAHAHAHAHAHAHAHA
See?

Guess what: gold is VALUED in USD. How much you can buy with gold depends ENTIRELY on how much USD it is worth.
In other words: USD is Gold's yardstick. The yardstick's notches don't expand or contract relative to the thing you're measuring, it's the thing you're measuring it with that's growing or shrinking.

>> No.17024724

>>17024697
“A couple years” the overall trend line up and to the right goes over 50 years at this point.
Gold can be valued in USD and similarly USD can be valued in gold. And USD value in gold is decreasing.

>> No.17024746

>>17024724
>USD can be valued in gold
No, it can't.

How much of anything you can buy with gold depends ENTIRELY, WHOLLY, and UNEQUIVOCALLY on how much USD it is worth.

>> No.17024779

>>17023221
Ron Paul was right

>> No.17024781

>>17023221
what is a simple wageslave to do in this? take out huge loan and not pay it?

>> No.17024787

>>17024746
Lol you may not be able to value USD in gold, that’s not surprising since you have so much trouble with basic math. But actually everybody else on earth can do that.
In the same way you would measure gold value in dollars by seeing how many dollars you could get if you turn in an ounce of gold, you would measure dollar values and gold by seeing how many ounces/grams/whatever unit of weight you could get of gold by turning in a dollar. you must really have a lot of trouble with math if this concept is too much for you.

>> No.17024832

>>17024781
Put your wealth into precious metals, ideally silver but gold if you want.

>> No.17024841

>>17024787
>you would measure dollar values and gold by seeing how many ounces/grams/whatever unit of weight you could get of gold by turning in a dollar
Buddy, that's you buying gold.
And how much gold you get depends entirely on how much gold is worth in dollars.

Now please be honest, how old are you?

>> No.17024869

>>17024841
Yes correct. You can measure the value of a fiat currency against an asset by seeing how much of an asset you can buy with it.
Both assets and fiats can act as yardsticks to one another.

>> No.17024889

>>17023649
real talk. RSV will help, however that is not the point of this post

>> No.17024893

>>17024869
>You can measure the value of a fiat currency against an asset by seeing how much of an asset you can buy with it.
That's just you trying to find out how much that asset is worth in fiat.

How much of ANYTHING you can "buy" with gold, depends ENTIRELY on how much gold is worth in fiat.

>> No.17024897

Its why trump keeps shilling
>WE NEED ZERO/NEGATIVE INTEREST RATES WHAT THE FUCK FED
Keeps shilling it
FED ends up cutting rates even more
The ponzi scheme gets an adrenaline shot
Lasts longer than it should
It all crashes under trump
Trump is blamed for pushing the fed to do this

When in reality trump is just a fall man asset for the rothschilds who wanted this all along but needed a designated fall man to blame it all on

>> No.17024904

>>17023402
the banks don't have to blackmail the fed, they are the fed.

>> No.17024913

>>17024893
Trying to find out how much can asset is worth in fiat is the same thing as trying to find out how much that fiat is worth in said asset.

>> No.17024928

>>17024913
Well no because literally everything you'd want to buy is valued in fiat.

Want to buy a loaf of bread in gold?
Firstly you'd have to find a seller willing to take gold (lol), and secondly how much bread you can buy will depend on how much gold is worth at that specific time.

Now honestly, how old are you?

>> No.17024935

>>17024893

Right now that's true; when the dollar enters a death spiral that's no longer true. See: Zimbabwe.

>> No.17024952

>>17024928
Yes the inverse of a things value in fiat is fiat’s value in that asset.

>> No.17024958

>>17024935
Anything is true until it isn't.

>>17024952
lmao I can see your ears go red anon

>> No.17024984

>>17024958
So you don’t have any argument? All you’ve had so far are non-points.
If so, I accept your apology.

>> No.17025018

>>17024984
How much of anything you can buy with gold depends ENTIRELY on how much fiat gold is worth at the time.

The inverse is not true.

>> No.17025068

>>17025018
So is it your contention that if fiat disappeared tomorrow, people would be unable to price things in gold?

>> No.17025088

>>17025068
The fact that you have to make fiat disappear in your little scenario to make people value things in gold, is a concession in and of itself.

>> No.17025112

>>17024897
I like to entertain some of your other conspiracies but I don’t think trump will be a fall guy for this. While campaigning he showed that he was actually Fedpilled but for the time being he is benefitting from their policies so why destroy it preemptively? Stretching out this current cycle helps the US by slow-walking all of the other economic powers into submission. Either better deals are struck or they eventually collapse worse than the US. Seems to be working so far. When the Fed finally runs out of steam I highly doubt trump will just take it on the chin and have it affect his legacy. He will point out how crooked the entire scheme was at that point and transition to some sort of digital btc + physical metals backed system. I guess your point still stands that he will usher in the transition that elites are prepared for but I don’t think he will take the blame for the whole debt based fiat system.

>> No.17025113

>>17025018
you might be the biggest midwit ever seen on /biz/. let's see:
buying Euros with USD vs buying USD with Euros
buying Gold with USD vs buying USD with Gold
are these scenarios different in your mind?

>> No.17025130

>>/biz/thread/S15819837
Anon called it like it is months ago.

>> No.17025138

>>17025113
Are you saying the inverse is true?
That "how much of anything you can buy with fiat depends entirely on how much fiat is worth in gold at the time" is true?

>> No.17025167

>>17025088
Oh no nothing you’ve said yet actually contradicts me at all, though I appreciate you’re now dodging questions. I’m just curious how far you’re willing to go with this, since gold as currency is older than fiat and all.

>> No.17025178

holy fuck you guys are absolutely clueless about how money works. bunch of fucking retards in here. im going to dump my stocks on you fucking morons at the top of the market

>> No.17025194

>>17024108
Well all value is relative to others. To say something is only rising because something else is devaluing is a somewhat meaningless statement.

>> No.17025198
File: 251 KB, 1500x966, 1554737685862.jpg [View same] [iqdb] [saucenao] [google]
17025198

>>17025138
gold doesn't care about fiat, indeed it has a reliable history of purchasing power which outlasts any fiat currency by thousands of years. whereas the USD, which was pegged to gold (yes, not the other way around) at $35/oz up until 1971, has only ever seen a precipitous decline in its purchasing power

>> No.17025204

You can print infinitely when your dollar is most desired

>> No.17025215

>>17025194
stonks aren't going up, the dollar is going down.

>> No.17025237

>>17025167
>Oh no nothing you’ve said yet actually contradicts me at all,
Except for the fact that fiat is the standard against which gold is measured.

>>17025194
>To say something is only rising because something else is devaluing is a somewhat meaningless statement.
exactly

>>17025198
>gold doesn't care about fiat
lmao, gold is measured in fiat.

>> No.17025264

The day adoption come for crypto/blockchain, it will end. This era needs a private Internet where big companies won't be able to buy our data. For such purpose, the blockchain ecosystem projects like Tachyon Protocol are building private Internet which can be used for different casual as well as industrial applications.

>> No.17025278

>>17025215
/biz/, ladies and gentlemen

>> No.17025291

>>17025237
the US was on a Gold Standard until 1971 and had a fixed value of $35 USD = 1 oz of Gold. since leaving the Gold Standard the USD has been rather less popular. in fact it now takes $1570 in USD to buy 1 oz of Gold. i wonder what sort of a brainlet you would have to be to save your "money" in USD rather than Gold?

>> No.17025306

>>17025278
Billions a day are entering the system. You are a deluded brainlet if you think inflation is not real because Jerome Powell tells you "don't worry".

/nubiz/ ladies and gentlemen.

>> No.17025327

>>17025264
>Tachyon Protocol
It's literally just the same shit as Orchid, a distributed VPN you pay for with tokens. I support mesh networks and strong encryption but to be completely honest with you this token does nothing special.

Also
>LMAO JUST FILL OUT 10 CAPTCHAS TO POST BRO

>> No.17025342

>>17023862
Based acid bath poster

>> No.17025347
File: 3.39 MB, 2934x1716, image (56).png [View same] [iqdb] [saucenao] [google]
17025347

>>17025278
Also.. how retarded are you? pic related was already posted

>> No.17025357

>>17025237
Yes all things are measured against each other. Gold can be measured against fiat, or another asset, just like fiat can be measured against assets.
If X = 1/2Y then Y = 2X.

>> No.17025366

>>17023221
Salty zoomer here who missed out on the TSLA pump today,
Am I making a smart decision by focusing on crypto right now than selling and going full options/stock market trading? I know the FEDS pump fucking mystery money and it’s only a matter of time until the market crashes or some shit and anarchy ensues. Please I need guidance boomer bros

>> No.17025456

>>17025366
stay in crypto. the fiat system will collapse and the fed reserve will hide behind daddy govt to avoid any punishment for causing it. crypto is pretty much the new gold.

>> No.17025493

>>17025347
how is this bad again? Milton Friedman once said the great depression happened because the federal reserve didn't do enough. Why is it that in the 1920's, the point where the Federal Reserve did the least, the value of the dollar plummeted?

Why is it that the value of the dollar increasing is tied to the Great Depression?

2% annual inflation is good for our economy. It maximizes the incentive to spend money now and invest in other peoples' projects, while still making saving a possibility.

If the value of the dollar increases over time, wouldn't that be an incentive to spend as little as possible now because if you hold long on dollars they'll be worth more?

>> No.17025512

>>17025291
Nobody's talking about saving your money in fiat.

>>17025306
>>17025347
Oh, inflation is real.
But the rate of inflation is not "how fast stonks go up now".

>>17025357
>Yes all things are measured against each other.
But "value" is always measured in fiat.

>> No.17025514

>>17025366
TSLA won't end well anon. rageposter above is glowing. Buy BTC and Monero.

>> No.17025535

>>17023627
cash out? cash is trash

>> No.17025536

>>17025512
No value can be measured by another asset. Value is just whatever someone is willing to trade for something. For example I can trade 1 gold bar for 10 silver bars. Boom, to me one gold bar has a value of 10 silver bars irrespective of what the two are priced at in fiat.

>> No.17025567
File: 199 KB, 672x1381, 1579847329751.png [View same] [iqdb] [saucenao] [google]
17025567

It's astounding to me that cuckservatives unironically defend jewish banks/wall street getting helicopter money, but call at the idea of young White men getting $1k/month in welfare.

>> No.17025584

>>17025567
Let’s do neither.

>> No.17025589

>>17025514
buy my cucky 1s and 0s

>> No.17025607

>>17025536
no shit, gold was used for millennia before fiat was even a fart in someone's mind

>> No.17025608

>>17023627
This is why more cash will flow into equities.

>> No.17025640

>>17023221
QE4 is already here, bitcoin will keep going up indefinitely

>> No.17025644

>>17025536
>No value can be measured by another asset.
lmao, anything you can buy is valued in fiat.

>>17025607
That's over and done with now, sport.

>> No.17025668

>>17025644
>lmao, anything you can buy is valued in fiat.
Are you saying that it is impossible to trade one asset for another asset? Or that it is impossible to do so in a way that doesn't line up with what market fiat prices would peg the ratio to be? Do you actually believe this is literally impossible?
And let me ask you again a question you dodged before, do you believe that if fiat were taken out of the equation it would be impossible for people to price goods?

>> No.17025683

>>17025668
>Are you saying that it is impossible to trade one asset for another asset?
Sure.
But you'll be looking at the fiat value of both.

>> No.17025701

>>17025683
So you believe that in all trades everyone will go exactly with what the common market's fiat value is? Nobody will ever, or has ever, or even could, trade two assets without a fiat value attached to them? Or disagree with what the commonly held fiat value is? That doing so would be physically impossible for a person to accomplish?

>> No.17025706

>>17025584
Okay I agree. Which candidate is going to end the fed and stop giving welfare to niggers? What's that? Oh, they're all running on giving welfare to jewish banks and niggers? Well then we might as well vote for the guy who will give young White men welfare too, so at least we get a piece of the pie.

>> No.17025722

>>17025706
Hey I'm not completely against the accelerationist argument. Although if you're going to vote Yang you might as well vote Ron Paul since they have about an equal chance of winning, and we both agree no welfare is better than Yang's welfare.

>> No.17025724

>>17025701
>Nobody will ever, or has ever, or even could, trade two assets without a fiat value attached to them?
Oh people do, but very very very rarely. And even then the transaction will likely approximate fiat values.

Even the most rabid goldbug will look at the current spot price (in fiat) of gold before buying any.

>> No.17025738

>>17025724
They 'will likely approximate fiat values' or 'it would be physically impossible for them to make this trade without approximating fiat values'? Let's be 100% clear here.

>> No.17025748

>>17025738
autism

>> No.17025755

>>17024108
No you retard, they’re not ‘mooning’, dollars are LOSING value. The rest stays the same

>> No.17025766

>>17025748
You can't admit it can you? You know that once you admit it, your entire argument falls apart and at this point you're way too deep to admit you were wrong. I'll ask again, and if you dodge again I'll just take it as a concession of loss.
Is it physically possible for two people to trade assets without approximating fiat value of those assets or not?

>> No.17025777

>>17023627
hybris is very dangerous. you're partly right. but us stocks went up because CEOs bought them back. trump has made a deal with faamg. they were allowed to bring back money from offshore accounts. it's a massive pump but not necessarily a dump.
the us strategy is similar to china's: partial protectionism and strengthening of the home market (internal demands). china has bad cards for several reason which i won't enumerate but be careful. don't fall for the eternal doomer meme.

>> No.17025810

>>17025766
>PEOPLE AREN'T PHYSICALLY RESTRAINED FROM OVERPAYING OR UNDERPAYING
>THAT MEANS EVERYTHING ISN'T VALUED IN FIAT

lmao pure autism

>> No.17025833
File: 6 KB, 240x240, 1568898002263.jpg [View same] [iqdb] [saucenao] [google]
17025833

>>17024108
>Thread about fed causing inflation with money printing
>Posts inflation adjusted price chart

Bro you might be retarded.

>> No.17025842

>>17025810
Ah good on you to admit it. And now that you have, your argument falls apart.
Anything can be valued in terms of anything else. Assets can be valued against other assets, assets can be valued against fiat, and yes even fiat can be valued against assets.
I accept your apology and I see I have driven you to the point where you have nothing left but ad-hominems and the old 'I am silly CAPSLOCK' argument.
And ladies and gentlemen, that's how you back someone into a corner and get them to admit they were wrong.

>> No.17025864

>>17025842
>Anything can be valued in terms of anything else.
Via fiat.
Because everything is valued in fiat.

Even the most rabid goldbug for instance will look at the current spot price (in fiat) of gold before buying any.

>> No.17025872

>>17025237
Gold had worth 2000 years ago. The USD did not. Gold will have value 2000 years in the future, USD will not.

>> No.17025875

>>17025833
Fed causing inflation is all the more reason to adjust for inflation.

>> No.17025883

>>17025864
You literally admitted that two people can trade assets without approximating fiat value. Are you going back on that now?
In fact now that I look, you didn't state it in any clear terms. So let's make this abundantly clear.

Yes or no, no silly comments, no ad-hominems, no dodges. Is it physically possible for two people to trade assets without approximating fiat value?

>> No.17025919

>>17023221
My rage will only be satisfied by abject poverty for the entire planet. Fucking niggers all of them.

>> No.17025952

>>17025872
Even if that's true, it doesn't change the current reality.

>>17025883
>You literally admitted that two people can trade assets without approximating fiat value.
Well sure.
That doesn't change the fact that those assets are valued in fiat.

You buying gold from some sucker at 200 USD per ounce doesn't change the fact that the spot price is about 1,575 USD.

>> No.17025971

>>17024623
On your cherry picked trend its tanking.
Anyway fuck off, Powell, you're shitting up a formerly good thread.

>> No.17025980

>>17025755
the absolute state of /biz/

Then how come literally everything else isn't going up in USD like stonks?
In fact, how come many stonks are tanking?

>> No.17025981
File: 42 KB, 220x220, 1546356449753.gif [View same] [iqdb] [saucenao] [google]
17025981

>>17025875
Inflation adjusted charts take out the effects of inflation, which is the purpose of this thread. All your chart proves is that gold gold's has 5×'ed in real value, but it's nominal price has increased over 42×, this proving OP's point that values are going up mostly because of money printing.

>> No.17025994

>>17025952
Okay so now that you've acknowledge it is possible for two people to trade assets without approximating fiat value, let me ask a followup.

HOW is it possible for two people to trade assets without approximating fiat value?
Let's take a specific hypothetical. You and I live in the same neighborhood. The power has been out for a while. I have some water, you have some food. Neither of us can check how much water or food is selling for anywhere else, because we're isolated and can't check the internet. How do we make the trade?

>> No.17025998

>>17025981
>Inflation adjusted charts take out the effects of inflation
That's a good thing for many purposes.

>>17025971
>dumping for half a decade after a double top
>cherrypicked trend

>> No.17026037

>>17025980
Because banks get the money first, and put that money directly into financial assets. plebs like you don't get any of the quantitative easing because the whole purpose is to steal your purchasing power in the first place.

>> No.17026045

>>17025994
>muh shtf
We're talking about functioning society here.

Even the most rabid prepper will pay market prices (in fiat) for food and water.

>> No.17026056

>>17026037
>Because banks get the money first, and put that money directly into financial assets
And plebs who happen to own some of those are becoming wealthier.

>> No.17026057

>>17026045
Are you unable to answer the hypothetical?

>> No.17026082

>>17026057
Your hypothetical involves shtf.

>> No.17026089

>>17026082
So just to be clear, you are unable to answer the hypothetical yes or no?

>> No.17026105

>>17026089
I bet you're a real sex machine irl.

>> No.17026115

>>17025198
that chart is misleading. ask yourself: which currency is that old, internationally accepted and works in a system with inflation?
the usd of course loses value due to inflation but small inflation is okay if there are more assets and/or an increased level of productivity.

>> No.17026127

>>17026105
Okay same as before when you were unwilling to clearly admit about the asset trade, one more dodge and it's an official concession that you don't know the answer.
Are you unable to answer the hypothetical yes or no?

>> No.17026130

>>17026045
>plebs who happen to own some of those are becoming wealthier
If you are sensible enough to invest your money instead of spending it, chances are you are not a pleb.

>> No.17026153

>>17026127
I'm not dodging shit.
You have to invoke shtf scenarios to "prove me wrong" about how everything in functioning society is valued in fiat.

>> No.17026167

>>17026130
The guy I was talking to made a "banks vs plebs" dichotomy.

>> No.17026178

>>17026153
Okay so you can't answer the hypothetical. I think I understand your problem.
You physically cannot conceive of how two people can value an asset without fiat. It's impossible to you.
You might be surprised to learn that for the majority of human history they have done so, between both the barter system and metal backed currencies.
Since you've admitted your ignorance (and good on you for doing so after all your prior dodges, I know based on your tendency to resort to ad hominems when faced with hard questions that it was tough for you to overcome the insecurity around your ignorance) I'd suggest you maybe read a history book or two on currency. Would you like some recommendations?

>> No.17026208

>>17026178
The hypothetical is about shtf.
I'm talking about functioning society.

>> No.17026223

>>17026208
It's okay to admit you can't answer something anon. We can all see through these excuses of yours.

>> No.17026234
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17026234

>>17026056
So you agree with OP then? Nominal price can be going up while REAL value is going down (as is the case with the Venezuelan stock market, and likely the US's as well)

>> No.17026237

thank you for reminding me how retarded the users of /biz/ are

>> No.17026255

>>17026234
>Nominal price can be going up while REAL value is going dow
If you own stock that's been going up, you became wealthier.
Inflation did not rise at the same rate as "stocks". Which is a retarded notion on so many levels.

>> No.17026278

>>17026223
me:
>there's only one ball in play at any given time in soccer

you:
>YEAH BUT WHAT ABOUT HUNGRY HUNGRY HIPPOS, BTFO!!!!

>> No.17026300

>>17023862
Whoa.

>>17025342
Alright where the fuck do I listen to this. Spotify nor youtube have listenable versions

>> No.17026323

>>17026278
Oof anon these dodges are getting kinda cringey.
We get it, you can't answer the question because you don't know the answer. There's nothing wrong with that.

>> No.17026364

All i know is every bill around me looks fresh printed. Change i get back from the store, money from the bank, friends giving me money; It's all brand new crisp bills. Somethings up.

>> No.17026399
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17026399

>>17026255
>If you own stock that's been going up, you became wealthier.

Absolute pleb tier understanding of economics. If you owned an index fund of the Venezuelan stock market priced in Bolivars over the last 5 years, you would be up 50x nominal, but would have lost like 90% of your real value. That is happening right now in the US, just nowhere near as severely (yet).

>> No.17026423

>>17025589
stay poor but don't sleep in front of my house when you re homeless

>> No.17026424

>>17026399
We're talking about USD.

Inflation did not rise at the same rate as "stocks". Which is a retarded notion on so many levels. Not in the least because "stocks" have been pumping at wildly varying rates, and many have been tanking.

>> No.17026448

>>17025875
he's beyond help. Either a glowie, just totally retarded or both.

>> No.17026483

>>17026323
shtf situations are not relevant.

In shtf you're likely going to barter/trade whatever you have.

In functioning society, even the most rabid preppers and goldbugs will consider the fiat value of all the supplies and gold they transact.

>> No.17026487

>>17026255
>He has no concept of buying power.

>> No.17026508

>>17026424
>We're talking about USD.
absolutely justed anon. no different than bolivars in the long run.

>> No.17026521

>>17026508
>USD is DOOOOOOOOOOOMED!!

Stop it, you're frightening the children.

>> No.17026527

>>17026483
Anon how many times have you got to dodge before you just admit you won't answer the question because you can't answer the question?
At this point if you actually knew the answer, you could have just typed it out. It's very obvious to all involved, that you just don't know the answer. And trying to pretend otherwise is just sad.

>> No.17026582
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17026582

>>17026424
Jesus, how hard is it understand that the inflation could be IN the stock market, because that is where the money geyser is pointed. I'm not even saying I'm 100% right, but you are stating as a fact that stocks are going up because, essentially, real value is being created. So to you, if Boeing spent the last 5 years borrowing artificially low-interest money (this is where the money printng goes) to buy up its own stock, while simultaneously outsourcing engineering work to pajeets in India and destroys the quality of its own product, it's OKAY, because the stock price went up, and that's all that matters.

>> No.17026590

>>17026582
Stocks are going up because of speculation, because of demand.

>> No.17026631

>>17026590
And that demand is overwhelming coming from government, in the form of government mandated super low interest rates spurring stock buybacks and pension purchases. Private investors now make up a tiny (and net negative) flow of cash to the stock market.

>> No.17026647

>>17026631
k anon

>> No.17026666

>>17026631
it's just too hard for them to accept that their stonk gains are an illusion.

>>17026647
he's right brainlet. Where do you think all that money is going?

>> No.17026677

>>17026666
>Where do you think all that money is going?
Employment?

>> No.17026711
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17026711

>>17026666
Quads calls it.

Now can we get to the real issue: my ID is, to me at least, aesthetic as fuck. The color sucks, but the type lines up in an oh-so-pleasing manner.

>> No.17026732

NEWS FLASH FAGGOTS!!!

THE USD IS BASICALLY TETHER NOW

>> No.17026831

>>17023221
Looks like the Fed is very much in control. There needs to be a huge increase in the money supply to balance the deflationary effects of automation.

>> No.17026854

>>17026732
someone build a tether printer bot for the fed repos pls

>> No.17026891

>>17023976
It depends what you mean by "the show". The strategy may eventually succeed enough to produce something like pre-GFC conditions.

Injecting money into the stock market is far less effective than getting the government to spend more, but there's a lot of opposition to that because most people are under the illusion that the government must eventually eliminate its debt.

>> No.17027136

>>17025706
To play devil's advocate wouldn't the (((bakers))) inflate the size of the pie which would mean our piece is then equivalent to the same we've been getting (zero)?

>> No.17027192
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17027192

>>17023710

October 2020. Just in time to vault Bernie to the White House.

Thank you based Fed.

>> No.17027212
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17027212

>>17023221
Question: So what?

Who cares?

Nothing is crashing, nor will it. They're going to keep pumping cash into infinity. Sure the value of the dollar goes down, but so what? More people have more money.

>> No.17027242

>>17023221
Lol we are all gonna get JUSTed to oblivion at some point aren’t we.

>> No.17027268

>>17027242
We had a massive credit bubble due to deregulation last time, and this time due to large scale asset purchase pushing interest rates down.

We are fucked just the same. The people that don't see it this time around are blind.

How is it normal that someone can finance a car/house at 2-3% (lower in Europe).

Just like 2003-2005 it seems the party can go on forever.

>> No.17027323

>>17027212
The music chair game always ends.

>> No.17027406

>>17023997
This might be the scariest thing anyone could suggest on /biz/.

>> No.17027486

>>17024832
If one buys silver close to spot then perhaps. If one is talking coins though gold coins have lower premiums to equivalent silver coins so more money would be saved by buying gold. Buy silver for investing, gold for saving.

>> No.17027523

>>17025264
God I wish that both cryptocurrency and precious metals would hurry up and triumph over fiat.

>> No.17027624

>>17027192
I wouldn't be shocked at all if they did this. There's no way they're not gonna try to fuck the Democrats over after all the dumbass policies they suggested lately.

>> No.17027706

>>17025278
If you've been going to fast food joints in the US over the past several years, you would have seen tangible proof of what he said in the menu prices. Five years ago you could get combos at mid-tier places for $6. Now, $6 gets you just the burger and maybe a small drink if it's a smaller burger. Most places will want at least $9 for a combo that used to be $6.

>> No.17027750

>>17023430
all stocks will crash February.

>> No.17027886

>>17023221
JUST BUY THE STONKS GOYIM

>> No.17028924

>>17027212
I'm sure all those countries forced to trade oil against USD will be fine with their supplies of USD being devalued.

>> No.17028940

Why do Republicans always destroy the economy? 'Cut taxes and spend more' is somehow a viable strategy and everyone is ok with it. Mortgage your future chasing short term 3% GDP growth.

>> No.17029024

>>17023978
can you explain how the gold standard was the problem

isn't the argument some jews wanted to control the flow of money so offered a bunch of stocks on margin and lied about the news to create panic
then they offered the solution of the Fed?

>> No.17029034
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17029034

>>17024117
unless we get them on the lightning network

>> No.17029041

>>17027706
This

>> No.17029060

>>17023488

>he thinks we aren't all literally cheering for a reset

>> No.17029099

>>17027706
This. Everything is $5 at the grocery store. $5 salsa, $5 guac, $5 loaf of bread, $5, $5 gallons of milk, $5 cereal boxes, $5 eggs, it's crazy.

>> No.17029106

Bunch of idiot conspiracy theorists screeching about something they don't understand, but think they understand. No better than flatearthers, but some don't even consider that an insult around here.
Conspiracy theorists have to broadcast their superstition nonstop for validation instead of keeping their childish fiction to themselves.
Even if some real concerns or intelligence is behind what they say, you know these highschool dropouts don't understand any of it. They're not here for discussion. Just screeching on 4channel, because they literally have nothing better to do with their lives.

>> No.17029114
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17029114

>>17025112
As you said, i meant fall man for being charged with ushering in the system and/or being blamed for the crash. lefties (((media))) will definitely blame trump for any crash whatsoever as will the left drones.
Make no mistake, they literally admitted trump is one of their guys
>”he’s still an asset at this point”
>t. Top rothschild agent
Not a conspiracy when its admitted
Concocted that word when they whacked JFK for EO 11110.
And looped in conspiracies as an all in one boat i.e. the flat earth PSYOP to make truthers look dumb while simultaneously hiding the truth of the hollow earth
>you believe in conspiracies? Wow you probably believe in a flat earth bro you’re dumb as shit to believe that
>t. Normie
You see everything they do is hitting 13 birds with one stone, all chain together into the overarching PSYOP

>> No.17029138
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17029138

>>17029106
biz made more millionaire than any board on the internet in 2017

I dropped out of college at 20 and retired at 26 because I read these "conspiracies" all day and put it together
I spent the last 2 months trying to put a bitcoin business together because we know it's the next step

What do you do follow MSM?

>> No.17029147

>>17029024
>can you explain how the gold standard was the problem
It wasnt the problem

(((They))) just wanted to print money out of thin air and print an infinite amount of it
You can’t do that when its backed by a commodity that has a finite supply

Answer is as always, jews being jewish

>isn't the argument some jews wanted to control the flow of money so offered a bunch of stocks on margin and lied about the news to create panic
Pretty much
>then they offered the solution of the Fed?
Yep the fed + fed income tax where all of the federal income tax, even now 100% of it, goes to paying interest to jews on debt loans

>> No.17029149

>>17027706
>>17029041
>>17029099
t. fatties

>> No.17029154

>>17029106
Extremely low energy bait, genuinely feel sorry if you actually believe that shit you typed out

>> No.17029191
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17029191

>>17029106

>> No.17029543
File: 21 KB, 596x333, fast food inequality.png [View same] [iqdb] [saucenao] [google]
17029543

>>17027706
>>17029099
>>17029041
>hurr fast food mor expensive
No it isn't.

>> No.17029589

>>17029147
> Fed prints its own money.
> Fed collects income tax from the people who spend the money they printed.
Wait a second...

>> No.17029653

>>17029147
To be honest, there are benefits to an inflationary fiat currency.
Like how it makes people spend/invest it instead of stashing it away. Better for the economy.

And gold is a pretty shitty commodity to back currency with. For starters it's also inflationary since it keeps getting mined. Not to mention the fact that gold ore is very randomly located, meaning you'd have to "confiscate" it or something to keep the balance.

>> No.17029676

>>17026527
I did answer the question.
In SHTF situations (like the one you described) you're going to trade or barter whatever you have.
But SHTF does not apply, and I'm not talking about it.
If I were, I'd be telling you canned, corrosive ammo is one of the best stores of value.

In functioning society however, EVERYTHING is valued in fiat.

>> No.17029721

>>17023627
The reality is though that every country is devaluing their currency through inflation

>> No.17029739

>>17023627
>the stonks aren't worth more, the USD is worth less
People on /biz/ unironically believe this.

>> No.17029824

>>17023627
1 US dollar is always 1 US dollar. It’s everything else that the value changes.

>> No.17029835
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17029835

>>17029824
>we got one

>> No.17029861

>>17029676

>In functioning society however, EVERYTHING is valued in fiat.

This is objectively false. It doesn't need to devolve into a mad max every man for himself scenario in order to have FIAT value down the toilet. A good example is the hyper inflation of reichsmark during the Weimar Republic.

>> No.17029871

>>17029835
Ok then genius how many dollars can you trade 1 IS dollar for?

>> No.17029878

>>17029106

>Muh gonsbiracy

:
:>
:
:3
:

>> No.17029890
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17029890

>>17029861
>hyperinflation
>"functioning society"

>early 1920s Germany
>"functioning society"

>> No.17029919
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17029919

>>17029106
You’re either retarded as fuck or a Jew.

>> No.17030917

>>17023249
real gold you mean
don't ever buy gold certificates or schiff's ledger