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/biz/ - Business & Finance


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26177050 No.26177050 [Reply] [Original]

How do you think Biden will affect investing within the US?
>$15 wage proposal, inflation fears, higher taxes scare investors away from stocks, towards crypto.
>Short-term spike in crypto from stimulus checks
>Small dip in crypto market before these investors cause it to take off again while stocks still falter
>Altcoins outpace btc in growth but btc breaks the 40k mark and continues an upward trend

>> No.26177423

>>26177050
Probably large corporations grow bigger and transfer of wealth and ownership to corporations and wealthy elite as competing businesses shut down and more manufacturing and online services, technical jobs, “coding”, white collar stuff etc move overseas. Though I am wondering how the market will balance if the working class gets raped.

>> No.26177614

Biden is better for crypto and if you have to ask why then you're not very bright.

>> No.26177701

>>26177050
Biden (China) won't touch crypto.

>> No.26177762

If you hold USD for the next 4+ years you are retarded. Get into stocks, crypto anything else. Inflation will fuck you otherwise.

>> No.26177790

>>26177050
Yellen is going to be secretary of the treasury, the fed and treasury are going to merge, the economy will be shit so long inflation plays

>> No.26177848

>>26177701
China is bringing out digital Yuan crypto in 2022. You’ve been warned.

>> No.26178151

>>26177423
>>26177762
pretty much this. Any asset worth holding will appreciate to compensate for a weaker dollar.

>> No.26178327

>>26177050
China Joe is gonna btfo the dollar by throwing everything on the federal credit card.
CPI inflation won't happen, but you best bet inflation will happen.
He's going to be both a contractionist and an expansionist. Like a four loko for the economy.
Crypto market pressures are largely secular and not the result of lame politics. That is really overblown. It's like pissing in an ocean.

>> No.26178338

>>26177848
Does that mean CCP will go after BTC miners in China?

>> No.26178449

>>26177050
90% capital gains tax on all crypto incoming. Everything is just going to dump to zero.

>> No.26178512

>>26177614
why

>> No.26178586
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26178586

Will it give any kind of advantage to young white men? If so, it's not looking good.

>> No.26178877

>>26177050
war in a shithole -> QE -> numbers go up

>> No.26179032

>>26178586
this is a civilized, peaceful celebration... i dont get the joke

>> No.26179105

>>26179032
Basically Americans think they’re a country. They’re actually still a colony.

>> No.26179194

>>26177050
>herp derp
You're a fool if you don't foresee a $15 minimum wage pushing money away into the real estate market. Roommate situations will become that much more milkable on paper. The unemployed can just move further from the city cores while people who don't mind living in hives can take over the properties. A win win for the financial sector and landlords.

Stock crashes always take crypto down with them.

>> No.26179498

>>26177050
biden will work very, very hard to keep the stock market and gdp up. crypto is much less secure

>> No.26179590

>>26177848
>2022
Try last fall

>> No.26180157
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26180157

>>26177050
This is exactly how it will go

>vaccines forced on population, true purpose is depopulation by passing a faulty gene to your offspring leaving them infertile
>vaccine refusers sent to isolation camps (prison) indefinitely
>cashless society introduced with negative interest rates, full government control over what you can buy and where you can buy it
>restructuring of your human rights. You no longer have right to free speech, association, gun ownership, or property ownership like stocks or real estate
>you are moved to worker accommodation #23498. You will live in a pod amongst a group of 'diverse' immigrants. You will not be allowed to see your family. You will eat a diet of GMO bugs and other reconstituted proteins

>> No.26180200

>>26178512
because he will rape the dollar

>> No.26180856

>>26180200
S

>> No.26181339

>>26178586
People need to start getting shit with live rounds

>> No.26181377
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26181377

>>26180200
>inferring the USD isn’t already “raped”
brainlet

>> No.26181536

Joe's is gonna make us rich, like him or hate him.

>> No.26181621
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26181621

>>26178151
>>26177762
Cash is trash

>> No.26181828

Stock market historically does better under democrats so I assume it will continue.