[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 15 KB, 410x357, 5273852434059677768564053423975642.jpg [View same] [iqdb] [saucenao] [google]
25737226 No.25737226 [Reply] [Original]

I can feel it

>> No.25737238

But first. Dubs.

>> No.25737250

>>25737226
We are not actually in profit despite our moons and bullruns.
We are barely keeping up with inflation and increasing costs of living.

>> No.25737264

>>25737226
some body tell me what im doing wrong

>> No.25737275

Short fiat.

>> No.25737284

>>25737226
Jews control the money and are kvetching because they can't control crypto.

>> No.25737312

>>25737226
>>25737284
FIAT = jew dogshit
crypto = white man currency

faG in ID

>> No.25737324

>>25737226
my cock is the only rare and valuable commodity on the planet.

>> No.25737350

you don’t need to “buy low sell high”, you can just buy high and sell even higher

>> No.25737362

>>25737275
>Yep ID

I'm all in on fiat, who's with me bros?

>> No.25737389

>>25737226

The CCP owns Tether and Bitfinex, control over 10% of Bitcoin supply and have been behind this recent pump. Enjoy being shorted

>> No.25737392

Buy fantom.

>> No.25737441

>>25737362
I have 6k fiat. I don't feel so good

>> No.25737473

Im tired of you fucks spouting the “muh fiat worthless” meme as if youre not here to increase their fiat net worth. Certainly all zoomers who learned what the federal reserve is. I’ll buy into it when I can pay mortgage with shitcoins but until then stfu

>> No.25737507

>>25737226
The only thing that matters is stacking sats. Screenscap this and hang it in a museum in 2040 as an ode to 4chan's clairvoyance.

>> No.25737562

The coming pump of btc will be the last one.

>> No.25737591

My ID holds the true answer you all seek. Look closely.

>> No.25737593
File: 20 KB, 739x415, 1607251842819.jpg [View same] [iqdb] [saucenao] [google]
25737593

>>25737362
>t. Zoomer ID

>> No.25737744

When tf is link going to do something?

>> No.25737746

>a board of id checkers
This is the best place to be in 2021

>> No.25737763

poo poo pee pee

>> No.25738051
File: 199 KB, 719x687, Get_In.jpg [View same] [iqdb] [saucenao] [google]
25738051

>> No.25738233

>"It is perhaps nice to get into the role of gold and its meaning in the time before the monetary cosmos collapsed into more chaotic conditions. Throughout centuries gold was a protection against [natural] disasters, arbitrariness, and persecution. ... Because natural production levels hardly allow overproduction with substantial depreciating values as result; because it does not rust and, once produced, never perishes, excessive scarcity can never occur. That's why gold developed its image of solidity, stability, and reliability. ... Gold coins then have been used over the centuries as means of exchange in primitive currency frameworks and were later, with the development of paper money, seen as a reliable basis. In the heydey of the gold standard one could take a banknote to the central bank and -- if you would like that -- get gold in return. The famous Englishman Bernard Shaw once said one has the choice between the natural stability of gold and the natural stability of honesty and intelligence of government. And he was of the opinion this choice was not hard."
>"A good solution would have been to drastically raise the price of gold, since it was extraordinarily peculiar that in the post-World War II world, in which everything became more than three to four times more expensive than in the 1930s, the price of gold remained the same. Actually, two things had to be done. The official gold price in all currencies had to be raised ('their gold content had to be reduced') and, beside this, the official dollar price of gold had to be raised extra, to allow the dollar to devalue against all other currencies"

>> No.25738262

>>25738233
>"However, the Americans found this idea like swearing in a cathedral. Because, by that, the dollar would in regard to gold become second, and the American ideal was and is to have the dollar central in its role on the economic stage. As a consequence, there was only one exit and that was cutting the tie between the dollar and gold. That would eventually happen in August 1971 when President Nixon announced that the dollar was no longer convertible into gold. After increasing American pressure, step by step, the actual convertibility of dollars in gold was curtailed until it was formally ended."
>"An important step on this road was the creation of a whole new international monetary instrument, the SDR (Special Drawing Rights). This is about an inventive construction whereby 'something' is created out of 'nothing.' The International Monetary Fund would -- through precise administrative procedures -- create rights on the fund, with which central banks can settle their payments among each other. Those rights would -- according to certain measurements -- be credited to the members of the fund. The idea behind this was that it was expected that in due time there would be too little gold (I am inclined to say: what do you expect with such an artificially maintained, much too low gold price) to serve as 'international means of settlement.'"

>> No.25738285
File: 70 KB, 500x500, 1609768263901.jpg [View same] [iqdb] [saucenao] [google]
25738285

January 15th

>> No.25738362
File: 188 KB, 780x964, Jelle_Zijlstra_1966.jpg [View same] [iqdb] [saucenao] [google]
25738362

>>25738233
>>25738262
>"The idea behind this was that it was expected that in due time there would be too little gold (I am inclined to say: what do you expect with such an artificially maintained, much too low gold price) to serve as 'international means of settlement.'"
>"what do you expect with such an artificially maintained, much too low gold price"
His Excellency
Jelle Zijlstra, former Prime Minister of the Netherlands, President of the Central Bank of the Netherlands and President of the Bank for International Settlements in Basel

>> No.25738412

lcx 10¢ eow