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23206055 No.23206055 [Reply] [Original]

>he's holding crypto even though we're about to go into a deflationary spiral.
get real

>> No.23206066
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23206066

I only hold usdt

>> No.23206079

>>23206055
Stfu bitch we will not give you any more time to accumulate. The train is ready to leave you better have your bags packed because we're not stopping this baby till we arrive on the moon. Understand?

>> No.23206091
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23206091

>>23206066
>he isnt holding DAI to profit off the impending volatility

>> No.23206194

>>23206055
Exactly why is crypto going to be worth less fiat now than in say 3-5 years?

>> No.23207220

>>23206055
Ecochain tho...

>> No.23207233

>>23206055
brrrrrrr
> deflationary

>> No.23207251

>>23206194

FIAT can buy me anything I want. Crypto relies 100% on the belief of the greater fool. I buy this useless token but surely some other idiot is gonna pay more for it later. If this idea pops then all your coins are instantly worthless.

>> No.23207277

>>23207251
Fiat is literally exactly the same

>> No.23207284

>>23207251
People that buy never think they will be that fool. Don't underestimate greed especially when people have to cope with their shitty lives.

>> No.23207294

>>23207251
Can't buy research chemical dissociative analogues from China with fiat.

>> No.23207327

>>23207251
Can't even use euros in America my guy, you'd have to convert them or pesos in China

>> No.23207331

>>23207233
I know.

>> No.23207336

>>23206055
Fuck off you faggot piece of shit. You disgusts me

>> No.23207470

>>23207233
>He has such a shallow grasp of how money works that he thinks the money printer = inflation
wew lad

>> No.23207498

>>23207470
then sell bitch

>> No.23207569

>>23206055
>deflationary spiral
>literally 30% of US dollars that exist have been printed in the last 6 months
>ask us how we know you don't know what deflation means

>> No.23207598
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23207598

>>23207498
>fucking pleb gets angry instead of seeking knowledge
you are food anon

>> No.23207613

>>23207569
>he thinks they actually print money
top fucking kek

>> No.23208157

>>23207251
FIAT can buy me anything I want. {x} relies 100% on the belief of the greater fool. I buy this useless {x} but surely some other idiot is gonna pay more for it later. If this idea pops then all your {x}s are instantly worthless.
>crypto
>stocks
>shiny rocks
>pokemon cards

>> No.23209023

I'm so confident about my cvp bag so don't care

>> No.23209240

>>23206055
what can you even hold to defend against that? seems like everyone owuld be fucked

>> No.23209250

>>23209023
wise... nothing gone wrong hodling that gem

>> No.23209527

>>23208157
exact same principle applies to FIAT ... and has happened in the past many times before

>> No.23209558

>>23208157
if FIATs only use case is to purchase things other than itself, that makes itself useless in certain conditions.

>> No.23209841

>>23207251
Currency tokens maybe, utility tokens gain value from use and trade.

>> No.23209923

>>23207470
Yeah, we totally didn't see literally all asset markets blow up in the past years due to the printer.

>> No.23209942

>>23207251
t. doesn't know how the financial system works.

>> No.23210058

>>23209923
>what is QE and what is its net effect on the economy?
>how about giga QE during a black swan event?
you're a fucking brainlet and you only see what you wanna see

>> No.23210089

>>23206055
raoul paul thinks delfation is coming and he's bullish on BTC

>> No.23210096

>>23207613
They don't?

>> No.23210115

>>23210058
>all assets increase in price
>not inflation though ill just call it something different and say its deflationary

>> No.23210120

>>23206055
The fuck you talking about OP, did you know that 22% of USD supply was printed in 2020 alone.

>> No.23210149

>>23207251
Gold has been doing this shit for millennia so

>> No.23210300

fucking read you fools
>muh money printer
>muh inflation
https://www.investopedia.com/terms/q/quantitative-easing.asp

https://www.investopedia.com/articles/investing/022615/why-didnt-quantitative-easing-lead-hyperinflation.asp

https://www.economicshelp.org/blog/2900/inflation/inflation-and-quantitative-easing/

https://www.barrons.com/articles/no-the-feds-latest-qe-round-wont-lead-to-inflation-51586561410

https://www.globalresearch.ca/why-quantitative-qe-may-lead-to-deflation/5414897

its not as simple as MORE MONEY = INFLATION

>> No.23210349

>>23210300
Whatever faggot, not buying your worthless paper money.
Weird how I suddenly see people shilling this deflationary crap today.

>> No.23210552

>>23210349
I havent told anyone to sell or that they should hedge on the dollar, simply pointed out that inflation isnt actually happening
>ITT fucking retards you are food and you will be consumed

>> No.23211081

>>23210300
>>23210300
>Implying the economy = the markets
>Implying a PPE below 3% for over a decade didn't stop markets from inflating
>Implying the PPE measures asset inflation
>Implying expanded aggregate credit via bank reserves doesn't make its way into leveraging assets
>Implying the FED won't frontrun any meaningful deflation in asset prices like they have the past two years
You think you know, but you don't.

>> No.23211116

>>23211081
>oy vey

>> No.23211529

>>23210552
>price of literally EVERYTHING goes up at a fast rate
>no guys no inflation happening here

>> No.23212301

>>23211529
the prices going up is due to higher DEBT fucking everywhere, increasing demand for MONEY to pay the DEBT - PASSED ON TO YOU VIA HIGHER PRICES
>TO BRAINLETS THERE APPEARS TO BE MORE MONEY IN THE SYSTEM WHEN IN REALITY IT IS MORE CREDIT THERE HAS BEEN NO - ZERO - MEANINGFUL INFLATION ONLY FREE CREDIT -> MORE DEBT -> MORE DEMAND FOR DOLLARS = DEFLATION
the fed has been trying (and failing) to create inflation since 2008

>> No.23212762

>>23207277
no because you aren't selling it for a higher price unless you trade forex or something, but nobody buys dollars or euros thinking that they will moon, it's a transactional utility

>> No.23212784

>>23209841
but there is no use outside of crypto scams

>> No.23212848

>>23206055
Kek, I remember these same threads in 2009/10. It didn't age well.

>> No.23213325

>>23212301
Anon do you think they gonna let become rich some pleb faggot living in trailer in Alabama because they stack green papers in wardrobe instead keeping it in bank? And do you think anyone would accept it later after it comes out that the most of fiat doesn't exist physically?

>> No.23213386

>>23206055
>he
anon, please don’t misgender me

>> No.23213437

>>23206091
This + lending it on fulcrum

>> No.23213530

>>23206055
you had 2 years ..

>> No.23213787
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23213787

>>23212301
Yeah but that would mean that prices would be going down. Like the Great Depression. You’re retarded economics is starting to make me think you’re the guy from yesterday

>> No.23213872

>>23212301
The fed hasn’t created inflation because we can export all of our inflations since were the reserve currency retard. IF the world says “hey we see you’re debasing your currency. We choose to stockpile another asset instead of USD” then all those dollarswould flood back into the US causing obscene inflation.

Prices have only stayed low for products we can import. TVs , consumer goods, but for stuff we can’t export — education, healthcare, housing —- their price has gone through the roof on the last 20 years. Please stop making these threads you victim of dunning Krueger

>> No.23213922

>deflationary spiral
>printing more dollarinos than literally fucking ever

>> No.23214171

>>23212301
More demand for money means people take refuge in other assets?
I dont know what youre smoking.

>> No.23214335

>>23213922
It doesn't matter how much they'll print we're still going to see deflation in pretty much all markets.
Why? So many people have lost or are about to lose their jobs and they will have to sell whatever assets they hold to pay rent/bills/food.
Especially crypto, which is still a retail driven market will see a long decline as your average hodler will be forced to sell.
Sure in the long run we're going to see inflation, but meanwhile the large instituions have years to pick up all the assets for cheap that average Joe had to dump.

>> No.23214378

>>23207569
That doesn't mean shit. The money velocity is in the shitter. Get ready to be poor really soon.

>> No.23214381

>>23214335
>shilling deflation in a desperate attempt to make faggots sell crypto because he missed the bottom

>> No.23214540

>>23214381
The absolute state

>> No.23214708

>>23212784
You just lack imagination.