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/biz/ - Business & Finance


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21938527 No.21938527 [Reply] [Original]

people keep saying there wasn't any inflation back in 2008 bailouts and there won't be any inflation this time, but inflation equals money supply plus velocity
back in previous bouts of QE the money the fed printed never went into the real economy. but now the US gave massive amounts of stimulus to ordinary people in the form of 1200 checks and 600 dollar in unemployment, all printed money. not only that, unlike before, massive amounts of ordinary people are now trading in the stock market using apps like Robin Hood, meaning the fed money they're pumping into the market will trickle down into the real economy.
half the people I know irl have made thousands and thousands of dollars in the market.

>> No.21938908

>>21938527
You make some good points anon, but you're wasting your time posting them here.

>> No.21938940

>>21938527
We won't.
t. econ grad from top 5 uni

>> No.21938952

>>21938940
kek

>> No.21938980

>>21938527
Almost all the money in the next stimulus is going directly to Visa and Mastercard. Bailing out credit card companies doesn't equal hyper inflation.

>> No.21939083

>>21938980
>Bailing out credit card companies
I fucking hate how gay that is. These companies deserve to burn. Maybe we'd actually get a competitive market place instead of a regulatory captured one.

>> No.21939184
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21939184

>>21938527
Yea so? Just make your money and have fun with it. My apple and tesla calls have literally been printing me over 2 grand every week for the last 2 months. Keep in mind I used to work at shake shack until I got furloughed in march and that job paid peanuts compared to what I make now. I've literally developed an addiction to hookers as a result. I didn't intend on becoming a hobbyist but it is what it is. My advice to you is stop being a buzzkill and go to some drugs or something, try to relax.

>> No.21939194

you know there is a lot of debt that will default soo . this is deflationary

>> No.21939264

>>21938980
This might actually be true. A lot of people are getting absolutly fucked by debt and a decent amount of the stimulus is going into company hands

>> No.21939268

>>21938527
That money won’t go into the real economy. It will evaporate when the stock market takes a giant shit on robin hood retards. The US would kill for inflation right now. That’s why they’re printing the money. Listen to Powell’s speech.

>> No.21939315

corona raised the price of electronics

>> No.21939344

Its no problem. When all these retail investors take profits to go to thailand the fed will just print more airline seats.

>> No.21939381

I haven't heard of this crypto currency... Where is it listed so I can catch a ride to da m00n!

>> No.21939445

>>21939381
You missed the boat. Its at 340 billion market cap.. thats more than macdonalds for christ sake

>> No.21939513

>>21938527
best way to protect yourself from inflation is to take on mortgages on rental properties

>> No.21939852

>>21938980
>bailing out credit cards

Cool, just applied for 10 more cards with 10k each that are never getting paid back.

>> No.21939934

>>21938527
>in the coming years
it's already happening, haven't you been to a grocery store?

>> No.21940094
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21940094

>>21939934
Your talking to people on biz remember

>> No.21940233

>>21940094
>>21939934

Its true mommy does the grocery shopping.. And so does my mommy gf who makes me food and gives me massages.
While I NEET at home

>> No.21940300

>>21940233
You'll be giving dick massages for food soon anon, I hope your stacks are heavy

>> No.21940388

>>21940300
Raider chads will just go get some, well have to have a way to feed our large harems of hungry girls.

>> No.21940440
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21940440

The redditness is strong in this thread. We just need one more person to look for some le "gamechanger" argument to be realistic.

>> No.21940446

>millions of people lose income
>business lose rent
>small business losing money

All of this is the opposite of inflationary, read a book you dumb nigger

>> No.21940481

>>21939934
The increase in price of food doesnt ony depend on inflation though.
Importing food has gotten harder and there are some logistics that are slowed down which increases the total cost of food

>> No.21940543

>>21938527
If a cheeseburger gets too expensive Randy and co will start burning shit down.

>> No.21940643
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21940643

>>21939513
What? Just get any hard asset.

>> No.21940658

>>21939194
>>21940446
cope

https://youtu.be/pwI3Nya5L9g

>> No.21940674

>>21940446
all these are irrelevant though

>> No.21940771

>>21940481
If you say so

>> No.21940813

>>21940771
Well I dont know how it is where you are, but now most of vegetbles in my grocery store are gorwn locally and cost more then those imported from other countries

>> No.21940820

The unemployment "bonus" could lead to inflation if it continued forever. It's over. The stimulus check was nothing. Why would free money for corporations lead to inflation? They're just going to throw it in their Jewish bank account and live more comfortably than you with the interest alone. They're just going to give more bonuses to their Jewish buddies. There's no money moving around, it's effectively locked up in their hands.

>> No.21940843

>>21938527
HOLY SHIT ITS A BEAR RUN
AAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.21940903

There’s no inflation in the U.S because every dollar printed goes straight to our strongest ally.

>> No.21941068

>>21940674
>decrease in purchasing power of consumers, businesses in economic downturn isn’t deflationary
Read a book

>> No.21941135

>>21938527
They haven't made any money until they sell, and they won't sell before it crashes because they are stupid

>> No.21941162

>>21940674
>THE ONLY THING THAT MATTERS IS MONEY PRINTER GO BRRR LOL!

>> No.21941194

>>21940903
This. Our nominal inflation is kept down because our real inflation is so high. You have to look for it - the same money buys 1/3 the property now. Candy bars cost only 40% more but they're 50g smaller. Meat gets more pink slime and you find yourself shelling out for one good cut a week instead of hamburger for several nights. What used to be a nice hotel room is now a piss poor airbnb hand-made by a grandma who's social security wouldn't pay for a cardboard box. The list goes on. Feel me?

>> No.21941410

>>21938527
I was saying this when Amazon bumped their min wage up a few months ago. Now mcdoubles cost an extra 50 cents at my local mcdonalds

>> No.21941415
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21941415

>>21938527
>universal health care tax
>school fees
>credit card bills
>2x car bills
>car insurance
>car maintenance
>house mortgage
>property tax
>hoa
>house insurance
>food bills
>water and electricity bills
>got <500 in savings
>get 1200$ stimulus checks
>laid off from covid hoax
>>muh inflation!!!!

>> No.21941458

>>21941194
underrated post

>> No.21941544

>>21938940
t. Room-temp IQ believer in MMT

>> No.21941561

>>21940643
a mortgage gets you a hard asset and you get to short the dollar on top of that

>> No.21941717

>>21938527
bump

>> No.21941741
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21941741

>>21939184
Uncultured swine

You should use your gains to bring beauty into the world, not wallow in depravity and filth.

>> No.21941868

Should I stop paying my debts?