/biz/ - Business & Finance

[Anonymous No.21838448]

>the dollar will collapse, any second now

[Anonymous No.21838498]

>ANY
>SECOND
>NOW

[Anonymous No.21838513]

>>21838448
nice limited gold supply you got there, would be a shame if something happened to it

[Anonymous No.21838527]

>>21838513
OH NO NO NO

[Anonymous No.21838548]

Shitposting aside,
it will be interesting to see what happens to gold when time reveals it as apparent that the US dollar isn't going to collapse nor going away.

[Anonymous No.21838552]

>>21838448
I just want society to collapse is that too much to ask? I thought corona was making my dreams come true but it turned holohoax2.0, I'm fucking pissed

[Anonymous No.21838566]

>NOOOOOO NOT THE HECKIN' UNLIMITED QE

[Anonymous No.21838572]

>>21838448
This brrrr narrative has been way overbought by normies. We are going to pump to DXY 120 to blow everyone out then the dollar will begin its collapse.

[Anonymous No.21838574]

>>21838552
>I thought corona was making my dreams come true but it turned holohoax2.0, I'm fucking pissed
hearty kek
yeah, pretty much a nothingburger

[Anonymous No.21838586]

>>21838448
does anyone think "print goes brrr" can go forever? can the US pull off a japan forever NIRP?

[Anonymous No.21838617]

>>21838586
Yes2

[Anonymous No.21838691]

>>21838586
No, because Japan is very productive, work is in their culture, they have a lot of exports, and they have net savings. America has none of that.

[Anonymous No.21838720]

>>21838586
>does anyone think "print goes brrr" can go forever?
Also, you have to realize that since fractional reserve banking they have quite literally never not printed.
This is how the current system is built and supposed to work.
Perpetual creation of new debt and currency.
What we are seeing today is in principle nothing new and nothing unheard of. The only thing that is different from the past is the magnitude of debt creation, but not debt creation itself.
Again, the systems main function is perpetual debt creation.
It is nothing new and out of the ordinary.
>can the US pull off a japan forever NIRP?
Of course. Same system.
>inb4 Japs hold their own debt
^TIME HAS PROVEN THIS TO BE ABSOLUTELY IRRELEVANT^

[Anonymous No.21838827]

>>21838691
>No, because Japan is very productive, work is in their culture, they have a lot of exports, and they have net savings. America has none of that.
Completely and utterly wrong to the highest degree imaginable.
It has nothing to do with that.
The system is built upon endless creation of new debt. Interest rates will eventually become close to zero and from time to time even negative.
Japan is under the same monetary system as the US so yes, what we have seen in Japan CAN and WILL be replicated in other countries as well.
It't not about people, it's not about society, it's not about anything like that at all.
The only thing relevant are the mechanisms of the system and the whole fucking world is under one and the same spell.
So yes, it's all equal.

[Anonymous No.21838920]

>>21838586
The Fed Reserve didn't create any new money. They just told everyone that they did and people believed it and pushed the stupid brr meme

[Anonymous No.21839060]

>>21838920
are you dense?

[Anonymous No.21839097]

>>21838920
...or just willfully ignorant?

[Anonymous No.21839133]

>>21839060
You fell for the meme hook line and sinker. How does it feel?

[Anonymous No.21839250]

>>21838448
The FED will export its inflation, its petrodollars v2 boys. USD will not crash in our lifetimes

[Anonymous No.21839306]

>>21839133
>How does it feel?
Breddy gud, anon.
But you have piqued my interest.
Would you be so kind and elaborate further about this "The Fed Reserve didn't create any new money." meme?
Dish out some redpills, please.
I will consider myself utterly BTFOd if you can explain it in a succinct way.
Of course, only if you're willing to do so and not just tell me and all the others to do their own research. :^)

[Anonymous No.21839759]

>>21839306
I'm interested in this take too

[Anonymous No.21839808]

>>21839133
apparently charts and gay and fake now

[Anonymous No.21840072]

>>21839759
>>21839306
It's not true. Probably one of the most retarded takes I've ever heard.

[Anonymous No.21840199]

>>21839759
>>21840072
Anon probalby won't come back anyway.
As they never do...

[Anonymous No.21840268]

>>21840072
Was going to say there is a fine line between genius and retard, I imagine we know where >>21838920 is

[Anonymous No.21840523]

[Anonymous No.21840627]

The fed is just going to continue to kill off the remnants of the middle-class with inflation. It’s already been happening for awhile, look at how many Americans are reliant on food stamps, wic, social security, “disability” checks, subsidizing their low pay job selling weed and other drugs, etc.

[Anonymous No.21840741]

[Anonymous No.21840854]

If America finds itself a major currency yet the economy is largely restricted to North America, the propensity for financial flows into the US will be high.
Regional instability will drive people towards USD. The US dollar is too OP. America caused the great recession of 08, yet financial flows still went to the US economy because it was the only store of value. Global reach, but a relatively regional concern, US policy makers will be willing to throw spwanners into work for any country for any reason using its monetary policy to do that. That's a dangerous environment for bitcoin to be swimming in. Any money not domiciled in the US dollar zone can be seen as a target and opportunity for policy makers.

[Anonymous No.21841122]

>>21840854
>early 2021
>Trump uses an executive order to create an "unproductive/speculative assets tax"
>selling gold or crypto now comes with an 80% capital gains tax
>price of physical gold skyrockets while paper gold and crypto tank
It will happen at some point. They're going to make everyone hold dollars even if by extortion.

[Anonymous No.21841320]

We’re in a debt trap. There’s no way out except for inflating the real value of the debt down.

[Anonymous No.21841338]

>>21839060
that clearly says FRED, not FED. who the fuck is FRED anon? why would we care about his assets?

[Anonymous No.21841564]

>>21841338
https://fred.stlouisfed.org/

[Anonymous No.21841707]

>>21838448
G-guys...what happens to stablecoins when the dollar collapses?

[Anonymous No.21842561]

>>21841707
Moon missions

[Anonymous No.21842862]

What’s the biz consensus on Schiff?

[Anonymous No.21842902]

>>21838448
The only thing collapsing is your empire of lies Schit

[Anonymous No.21843008]

>>21842862
I like some of his takes

[Anonymous No.21843277]

>>21842862

[Anonymous No.21843342]

>>21838586
US forced that debt on japanese to keep them in check post-war, if they actually felt the debt affecting their quality of life that would oust americans but americans cant let the pan-asian union form so its just a threat hanging over their heads for now