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/biz/ - Business & Finance


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28914044 No.28914044 [Reply] [Original]

Kek you faggot neets are going to be the new elite for real.
This are the same faggots that reported 0% or deflation the last 12 years of massive inflation, now even the fake rate is reporting 3%.

There will be literally communist revolutions if they don't start to report inflation as meassured before bretton woods ended as the cost of living increases to the point nobody has money to spend due to rents and housing cost.

We have reached the point were financial jannies that larp data can't larp it anymore, bitcoin will probably be above 2 million dollars before 2025.

>> No.28914174

>>28914044
the saddest irony is that btc will not ever make you rich, but rather preserve your current standard

>> No.28914220

>>28914044
What good is electronic money for in a world where everybody's going to be shooting at each other for a can of beans

>> No.28914300

>>28914174
I disagree when this shit stops which eventually will because nations literally collapsing , there will be so much free production and devalued assets that those on hard currency or land will make it.

I think even real estate will go down ,rural land will go up due to commodities going up but not the rest.
We reached the endgame, if they are showing 3% inflation in the larp data(and food inflation i may add), i think we can expect it to be literally 10% in reality and asset inflation around 25%.

This is bad, very bad and commodities are still going up.

>> No.28914328

>>28914044
BSV or the one that doesnt work?

>> No.28914349

consumer goods don't stop getting cheaper think of moores law and wrights law
live in the pod is unironically going to happen, the biggest problem keynesians have had is there has been no substitute good for housing 3d printed houses or some shit is coming. You can't even buy 10 year old 4wd mercedes sprinters because so many people are living in vans

>> No.28914437

>>28914220
If your country is a food producer or in the americas were there are food producing countries and good trade relations you will be fine.

If you are in a food importing country like china shit will get ugly, they may as well ally with russia to take ukraine to steal their food like the nazis did.
But even then with commodities going up things are crazy either way.

This is the logical result of larping inflation data for 13 years, eventually you will end up without consumers as people barely have money to survive.
If your country is a food importer and depends on exports to move the economy you are double rekt.

>> No.28914461

>>28914349
they've even got people eating fake meat for real meat and can control the economic interactions per day under the guise of lockdowns despite overwhelming scientific data showing their total inefficacy on top of the relatively unremarkable aep of covid 19 mortality

>> No.28914527

>>28914349
Keynsians will have a revolution against them even the elite is scared as hell, thus massive capital flight worldwide or escaping california in the usa.

The living in the pod shit is unironically going to happen in europe if they go cashless.

>> No.28914604

>>28914461
The lockdowns are to keep velocity of money down and prevent inflation going up, keynsian parasites would rather destroy civilization than adopt another economic framework.
Everything we are seeing from the glow in the dark think thanks is about extending this cycle that started in 2008 about expanding monetary base non stop without revolution.

It won't work, milennials are really pissed off and rather live in the van without buying shit than living in a pod, people want to own things, this rent everything shit is self destructing.

>> No.28914670

>>28914527
They won't, nothing is going to change because the consumer goods and now housing will get more substituted and exponentially cheaper and our elites are comped that instead of allowing a war with commies they are doing a controlled surrender

>> No.28914804

>>28914604
no the lock downs shrink the economy by constraining economic activity to minimise people gaining wealth through deflation

>> No.28915030

>>28914670
it's already happening with people moving, look at california with the youth and educated leaving, how are they going to pay pensions?
The same shit is happening in european nations now and in south america same with argentina and venezuela losing the youth.

As for the war with commies if you mean china, china is probably a house of cards in this scenario, they are food importers and also require to export to keep their economy going, commodities going up and exports down due to shitty economy.

I am starting to think a portion of the elites would prefer bitcoin to rise and become a bancor like bretton woods rather than having to micromanage society as the cashless meme society would need to.

>>28914804
The lockdowns are being seriously inflationary on commodities and assets, both things which will cause revolutions in food importing countries, at some point normies will move to other places and the whole thing will collapse, if not now then in 5 years when boomers retire.

Covid really fucked any chance those nations had to reform.

>> No.28915516

>>28914044
Economists have been figuring outh that slpw deflation can work even better than the typical 2% inflation. But hey why stop printing

>> No.28915607
File: 851 KB, 2242x1368, ccp angle pg 1.jpg [View same] [iqdb] [saucenao] [google]
28915607

>>28915030
they are surrendering to the commies economically. China would have to go to war so the elites think dismantling the west is better than ww3 when it's not worth living under communism and we're all gonna die anyway so what's the point
the elites just want to maintain the status quo and adopt any ideology that will do that even unconsciously, look at bill gates or klaus and the bullshit they spew. They probably believe their own bullshit though. It's unironically cronus eating his children in an attempt to stop the end of his rule.
the bretton woods form of bitcoin with limited on chain capacity and most people using intemediaries to transact is an attack on the usd as world reserve

gold to $1000/ounce 2024. lockdowns cause the economy to shrink they only do this if there is deflation coming

>> No.28915715

>>28914044
BLS CPI economists are the worst kike liars to have ever existed

>> No.28915836

>>28915030
>how are they going to pay pensions?
Who cares? The elderly can get fucked. They never gave a damn about the state of their descendants. Let them eat cat food.

>> No.28915999

>>28915607
>gold to $1000/ounce 2024
Right now, gold is 1826$ per ounce.
You really think it's going to devalue that far?

>> No.28916072

>>28915999
no it won't change, the dollar will appreciate

>> No.28916134

>>28914527
Pod? Who would give us even free pods? 90% of workers here in Eastern Europe are happy if they have enough to eat.
Oldfags still build houses dyi, but zoomers are done.
Average salary here doesn't cover rent and food. Zoomers are coliving by 3 per one flat. Pod would be an improvement, so I'm sure it's not going to happen, at least in EE.

>> No.28916260
File: 31 KB, 1028x554, deflation.png [View same] [iqdb] [saucenao] [google]
28916260

>>28915999

>> No.28916317
File: 204 KB, 1044x926, NWOcoin.png [View same] [iqdb] [saucenao] [google]
28916317

>>28914044
>bitcoin will probably be above 2 million dollars before 2025.
No, digital oil will. It has real value in the internet industrial revolution to come.

>> No.28916434

>>28916260
>>28916072
>>28915607
What could they possibly do to depreciate the USD?
Just destroy tax dollars?
Have banks charge account holders an interest rate that the account holder has to pay?
How would they actually achieve this?

>> No.28916536

>>28914044
source: trust me dude

>> No.28916677

>>28915836
They won't be eating cat food, they will be eating good food and in restaurants, own their own house and you will live in a cashless society owning nothing, living in a pod and being very angry.

>>28915607
>the bretton woods form of bitcoin with limited on chain capacity and most people using intemediaries to transact is an attack on the usd as world reserve

Yes but it's an advantage for the usa industrial capacity as it will stop the flow of wealth to the east and most industry would move to the missisipi river area for economies of scale.
The usa would actually become stronger long term while china would peak due to costly commodities and lack of importing economies of their goods.

I am not sure what's going on it's pretty weird seems like the western elites are divided as for klaus and gates yea they are preparing for a time when western economies inflate gates by buying assets and klaus by selling the tech to extend that cycle and profit from the decay.

On the other side if bitcoin as bancor takes on that will stop their goals as inflation becomes imposible to sustain as the plebs escape to crypto, it will also stop the escape of western industry to asia which only happened after 1971 due to the triffin dilemma, but it's very weird because there seems to be multiple elites pushing for different goals.

As for china i don't think they are behind this shit, how do commodities going up and their importers going down good for them?

Any bancor style system would stop the flow of industrial power from the west to the east if not revert it for another 50 years.

BTW regarding china and that angle you pointed up i found this looking at the archive last year.

https://archive.4plebs.org/pol/thread/45562422/#45562422

not sure what to think tough everything is going on is pretty crazy.

>> No.28916680
File: 36 KB, 1024x572, deflation.png [View same] [iqdb] [saucenao] [google]
28916680

>>28916434
they have no control over the value of the usd other than the fact they force other nation to hold it as opec only accepts usd for oil. Their are inevitable periods of deflation in the priced in speculation on the usd since the gold standard was stopped

>> No.28916748

>>28916134
This is what i am talking about to the inflation is so high thee won't be consumers , this is were the whole ubi shit comes from to keep capital flowing up they move to neofeudalism in europe taking the usa down can be a part of that plan but things get weird with bitcoin because a bancor system would benefit usa industry and not make it weaker it would be inflationary for 4 or 6 years then massive rise in usa industrial power for an entire century that would backfire so much on people like klaus or gates that want a digitalized economy.

>> No.28916860

What stops the populace from taking over assets through force?

I mean, how are you going to pay the cops? with what?

>> No.28916929
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28916929

>>28916680
I don't understand why you think the dollar will deflate, rather than hyper inflate. Can you expand on your line of reasoning?

>> No.28917100
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28917100

>>28914300
In English, Einstein.

What does that mean for my linkies?

>> No.28917158
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28917158

>>28916860
nothing at all. it'll be like the pact/soviet collapse.

>> No.28917196
File: 37 KB, 578x580, 1970vs2020.png [View same] [iqdb] [saucenao] [google]
28917196

>>28916860
Nothing, this is why the whole cashless society is going on in europe it's a way to increase economic repression as a way to enforce political repression.

>>28916680
Yes but this is not the problem , the problem is they have been larping the numbers since 1971, pic related was done by an anon a few months ago here.

At some point base cost of living like real estate obliterates consumers and you end up in a society without demand for anything and you have a few options.

1_Stop larping the data and adjust for inflation everything

2_Social collapse due to lack of demand

3_Massive brrrrrrr and giving free money and shit to keep demand up which eventually pumps assets to millions causing a neofeudal system.

4_A literal neofeudal system were you get "free" money to spend and it always flows up to the rich while you own nothing and are angry but if you rebel they cut your gibsmedat which with everyone getting it means you are paying a tax indirectly as you can access less goods than the rest.

This are the 4 paths opened and many evil elites want the 4, stupid communists retards also want the 4 due to utopianism or the 3 which eventually leads you to the 4.

The fifth option

5_Adopting bitcoin as a bancor system preventing the elites from doing that , the commies from doing that.

This will fuck the usa for 3 to 6 years as inflation returns but move back industrial power to burgerland, it also will fuck countries in europe that destroyed their demographics with commie taxes.

When you look at the big picture this shit makes sense, since if you are an elite in the usa with a younger demographic you don't want option 3 or 4, you would prefer the status quo, but if not that then option 5.

But it seems so retarded there is no fucking elite wanting to do option 1.
It's as if no leader is up to the task.

>> No.28917301

>>28917158
Ironically, that's when I was born August 1991. In Leningrad.
Guess it's my fate to die in August 2021 New York

>> No.28917321

>>28917100
idk linkies would probably decapitalize overregulated markets as people move to trade tokenized stocks rather than paying 60% commie taxes.
It would accelerate the collapse of communism, this type of shit is what confuses me, why the fuck are euro elites like klaus supporting descentralization more than us elites that have been rekt by industry leaving to asia and have created their own adversary.

>> No.28917402
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28917402

>>28917100
>What does that mean for my linkies?
Oh stinky... you are no longer needed. Dig stinky, dig! (kidding, LINK is good and has its place in the industrial revolution but it will be powered by digital oil)

>> No.28917477

>>28917301
the good news is you've got a second chance to snatch up valuable assets for pennies.

>> No.28917522

>>28916677
>Yes but it's an advantage for the usa industrial capacity
this beyond retarded. there is nothing worse for the west than the loss of the usd as world reserve. The usd as world reserve allows the us economy to financially repress all others.
Name one western elite that is not promoting the slow dismantlement of the USAs hegemony.
China has to expand or collapse, the real question is why did the west after defeating the ussr by economically ostracizing them bend over to china with open trade deals with no contingency creating what they are today. Maybe the usa is going to stalemate everyone militarily until the unrevokable international market dominance of a market based currency but if that was the plan why would you pump the chinese economy in the first place. it seems more likely we're being run by messianic accelerationists since the death of kennedy

>> No.28917671

>>28917522
>bend over to china with open trade deals with no contingency creating what they are today
the assumption for a long time was that as a society becomes richer, the more liberal it becomes. they litcherally thought china would eventually turn into a benign -- but rich -- liberal country like south korea, japan, etc.
it was a massive miscalculation on the part of these western liberals.

>> No.28917695

>>28917196
they larp the data to stop people waking up to the scam. You contend consumer goods will stop being substituted and being produced cheaper when they won't this century will see the only thing keynesians couldn't make a consumer good of last century (housing) a consumer good this century.
At that point there will be such a minority of people who actually have use of and value property rights and self determination people won't even comprehend what freedom is and you will own nothing, eat the bugs, live in the pod and be happy about it or else

>> No.28917759

>>28917671
yes but are we meant to believe they are so stupid they could not have the contingency that if after applying free trade to a communist country that did not at all become more free we stop allowing ourselves to be dumped on

>> No.28917962

>>28916929
it will exponentially approach zero in the long term but there are periods of deflation along the way since the value is subject to speculation (since it's value is not defined by anything since 1971) and the optimum way to speculate results in the bubble graph.

>> No.28917971
File: 3.41 MB, 2398x2888, currency.png [View same] [iqdb] [saucenao] [google]
28917971

>>28917522
>this beyond retarded. there is nothing worse for the west than the loss of the usd as world reserve. The usd as world reserve allows the us economy to financially repress all others.

https://fred.stlouisfed.org/series/BOPBM

https://wtfhappenedin1971.com/

Gold backed usd reserve currency is different than non backed reserve currency.
The second type is entropic as the world needs your currency to trade and will always offer cheaper price for the goods your own nation produce to obtain said currency.
Not event trump trade tarrifs were able to reverse this.
Trump did managed to reverse the collapse of velocity of money tough.

>China has to expand or collapse, the real question is why did the west after defeating the ussr by economically ostracizing them bend over to china with open trade deals with no contingency creating what they are today

Now you are thinking, and the reason this happened is because

https://wtfhappenedin1971.com/

Nixon knew the gold standard forced everyone to balance budgets he openly talks about the europeans bitching the usa to mantain a balanced budget.

https://www.youtube.com/watch?v=YBW9h_jVRBg

if you have an unbalanced budget and reserve currency you lose industry and you end up creating something like china today.

>Maybe the usa is going to stalemate everyone militarily until the unrevokable international market dominance of a market based currency

This does not work that well, in generals nations fall due to excess military spending, usa military spending is one of the main reasons of industry leaving as it makes the dollar weaker and favors imports this shit got so extreme that you burgers had to put regulations so your weapons were built in burgerland since you were literally importing the parts from china.

>> No.28917976

>>28917759
yes they're actually that stupid.
conspiracies and complotism aren't totally false, but there is far too much credit given to people that read the papers they themselves write. that is how out of touch they are.
meanwhile the pleb seeks meaning in everything and must believe that the elite know what they're doing. it may be evil, but there has to be a plan, a known direction of where we're going.
that isn't true at all. they don't have a fucking clue. we're in a car speeding down the highway with nobody at the wheel.

>> No.28918106
File: 206 KB, 1938x1026, 1610768803762.png [View same] [iqdb] [saucenao] [google]
28918106

>>28917522
>but if that was the plan why would you pump the chinese economy in the first place. it seems more likely we're being run by messianic accelerationists since the death of kennedy

Another good question you bring, i am starting to think it all comes down to bretton woods.
The faggot keynes may have been evil and probably a crypto communist but he was right on the bancor.
This insane trade balances are happening all due to that choice in bretton woods, but americans saw through his shit and knew that if they were going to finance the defense of europe they would need the reserve right so the hybrid dollar backed in gold system was created.

This was proven better than bancor since it allowed the defense of korea and vietnam(until the cryptocommunist won the cultural war in the 70s).

The usa not doing a bancor after the fall of the soviet union is the greatest fucking mistake in human history it's what has brough us to this mess in my view.

>> No.28918174

since the 2008 financial crisis it has been like 10% a year. how much is a house? a car? tuition? food? than 10 years ago?

>> No.28918252

>>28917971
The usd has demand because the us military extorts opec nations to settle oil (energy) in usd.
people who post that what happened in 1971 website are fucking stupid schiff zealots. You are mistaking the symptom as the cause

>> No.28918299
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28918299

>>28917695
it won't last that long , eventually they will not have consumers, i hope you are wrong.

>>28917671
There seems to be something like that and after xi went full neocommie they got scared of what they created.

But if so why not fix the monetary system that allows this?

I am starting to think that outsourcing was a way to hide fiat system inflation rates by outsourcing to places were people worked in gold terms for near nothing thus hide the inflation on western places were wages were still aligned to gold.

https://fred.stlouisfed.org/series/M1V

https://fred.stlouisfed.org/series/M2V

Money velocity in the fiat system was stable until 2008 then it went to hell and trump stabilized it.
Stoping being dependent on china means recognizing real inflation which is what many elites don't want as they would have literal rebellions in their hands.

>> No.28918332

>>28914044
I'm already used to have at least 30% inflation rate every year.

>> No.28918398
File: 23 KB, 659x301, 1613507889489.png [View same] [iqdb] [saucenao] [google]
28918398

>>28918332
>Every year
HOW ABOUT EVERY MONTH
WE'RE ZOOMIN

>> No.28918458

>>28918299
the decrease in production cost of consumer goods are predictable mathematical functions.
everyday they present new substitute goods fake meat, margarine, vegetable oils etc. It's just unempirical to believe it is not going to accelerate

>> No.28918557

>>28918252
>The usd has demand because the us military extorts opec nations to settle oil (energy) in usd.

Countries are doing swaps between each other all the time now the usd demand was due to international trade, but if commodities peak and consumer economies die then demand for the dollar goes to shit.
The usa has a great service economy but a weak industrial economy tough better than in most of the west.

>people who post that what happened in 1971 website are fucking stupid schiff zealots

No schiff is a retard.

>You are mistaking the symptom as the cause

I would say that you are mistaking it, Great Britain even before ww2 was losing it's industry to the usa due to abusing it's reserve currency status , this is why a big part of the bong military at the start of ww2 was made in america.

The faggot keynes tried to save the larp by the bancor shilling against the americans.
The usa still has time to reverse the larp but i think usa has too many elites that want to keep the reserve status at all cost by making mexico an industrial colony of some type but even then china will be selling the parts to mexico due to the triffin dilemma , they created a fucking superpower from the ground due to a monetary meme that destroyed bongland.

>>28918174
Here is the data from 1971-2020 done by an anon a month or two ago.

>>28917196

>> No.28918587

>>28914044
Financial jannies lie about inflation like roasties lie about their body count. Whatever number they give you, you need to multiple it by anywhere from 3x to 10x.

>> No.28918663

>>28918458
>It's just unempirical to believe it is not going to accelerate

investing.com/commodities/

>> No.28918728

>>28918557
>The usa still has time to reverse the larp
No way in hell

>> No.28918753

>>28916680
How does any of that cause deflation? What you described would cause inflation of the USD.

>> No.28918775

you crypto neets sitting there all smug thinking you are escaping the podlife? oh no no no, they will come up with some shit like you have been funding terrorism this whole time and put you in first!

>> No.28918783

>>28918398
No chance in hell, my country prints more than a monetary base every year and the most we had was 5% per month was last year, stop doomfaging. My parents lived through 5000% hiperinflation and 1000% you guys are still 15 to 25 years too early to really have a hiperinflation.

>> No.28918819

>>28918587
Yes that's my point and commodities are going up insanely, in 2008 they went down after a few years and were stable during the whole brrrrrr, now it's brrrrrr with higher food prices.

>> No.28918925

>>28918557
no it's not energy is an inelastic good (price does not matter) that you can not buy without us dollars. It's so brainless to think any country would hold reserves in a foreign countries piece of paper that losses 7%pa in gold for "international trade"

yes exactly 1971 is not the cause it is the symptom of older things namely the military industrial complex and its justification by the wars of the early 20th century.

if the usa loses the world reserve it's economy will just about collapse and so will the legal basis for freedom, property rights and self determination and you will be put in a labor camp for posting about this 10 years ago

>> No.28918959

>>28918728
The usa has economies of scale in the mississippi river it produces it's oil and gas, fucking hell you burgers could move to natural gas cars since you literaly are throwing the gas in the atmosphere as a byproduct of oil extraction.
The reverse of the trend of losing industry would be hard but not terrible, specially with bitcoin which would be like a soft fork bancor slowly implemented.

I don't know why you americans hate your nation so much, eurocucks can't even build on their own land without 5000 regulations and you fags can buy machine guns at walmart.

Yea reverting a downward trend may be hard and sad at first but it can set up a system for a century.

>> No.28918988

>>28918753
>>28917962

>>28918663
consumer goods are not commodities you brainlet

>> No.28919031
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28919031

>>28918783
>My parents lived through 5000% hyperinflation
You're about to see 1,000,000% Hyperinflation

>> No.28919048

>>28918959
>you burgers could move to natural gas cars since you literaly are throwing the gas in the atmosphere as a byproduct of oil extraction.
the energy sector has already shifted to nat. gas.

>> No.28919153

>>28917976
>they don't have a fucking clue. we're in a car speeding down the highway with nobody at the wheel.

>> No.28919184
File: 3.77 MB, 800x533, 1609798870950.gif [View same] [iqdb] [saucenao] [google]
28919184

>>28918959
Why would people buy American Oil and Gas when every nation now refers to Russia for energy needs.

>> No.28919277

>>28918925
What makes you think the usa is so weak that it needs the world reserve currency?The usa is not bongistan in 1939, americans have the most navigable rivers, massive ammounts of coal and gas, best areas for wind and solar energy and are food exporters.

>so will the legal basis for freedom, property rights and self determination and you will be put in a labor camp for posting about this 10 years ago

As much as i like the usa don't sell yourself as 1990 usa, the usa of today is not the 20th century usa.
People have been sent to jail for using localbitcoins in the usa, or had their money confiscated in routes due to civil forfeiture and your own democratic party is destroying entire states with regulations by a thousand cuts that are starting to become very european.

Even NYSE is starting to think about leaving new york due to this shit, you are not the bastion of freedom that you think you are, most states are specially republican ones , and they are in part because they have an agricultural or industrial economy that makes society works, the ones that depend in the over financialized economy or the tech economy that depends on constant brrrrrrrr are now full of homeless people and going to shit.

>and you will be put in a labor camp for posting about this 10 years ago

On this you are probably correct if the usa goes to hell, but i think the usa is going to hell already due to the overfinancialized system based on cheap brrrrrrrrr.

The fucking democrats lost their minds the gibs they are giving are literally 30% of the monetary base, literally p*ronist tier.

>> No.28919353
File: 18 KB, 112x112, PeepoThink.png [View same] [iqdb] [saucenao] [google]
28919353

>>28919031
Like my venezuelan friends!
Look at the brightside in a hiperinflation people stop trading with fiat, it could be the beginning of the hyperbitconization. Can't wait to buy a slave with 20 sats

>> No.28919354

>>28918988
if food and real estate goes up 50% in a year and wages stay the same what can you expect?Eventually the price will reach consumer goods, even your "meat alternatives" are impacted by base vegetable costs.

>> No.28919428

>>28919184
My point is that the usa does not depends on world trade as anon points when he says that if they lose the reserve status they would collapse.

>>28919048
Yea but you can even power cars with gas and trucks too.

>> No.28919489

>>28917976
>>28919153
>they don't have a fucking clue. we're in a car speeding down the highway with nobody at the wheel.

More like on a 737 Max on autopilot.

>> No.28919550

>>28918332
Venezuela?

>> No.28919594

>>28919428
>My point is that the usa does not depends on world trade

If this was 20-30 years ago I would agree.
Modern Day America simply cannot stand on it's own two feet and expect to have the same level of society function without international trading.

America is no longer a manufacturing economy, it's a service economy that relies on an endless stream of consumers to use services

>> No.28919601

>>28919353
There won't be usd hyperinflation but 10%-15% sure maybe even 30% if they don't stop larping the numbers and stop the democrats from asking batshit gibs packages.

>> No.28919608

>>28919277
it's arguably not the largest economy in the world even though it has the massive power of having the world reserve.

I'm not deluded about the state of US but that is attributable to selling out. Regardless The constitution and bill of rights exist, they do not in china and there is no other country that can resist china.

you still don't get it, it is irrelevant how much the us prints because the supply has not been defined by anything for decades.

>>28919354
you are equivalently making the argument moores law will stop this century, it won't.

>> No.28919739

>>28919594
The us states that are thriving are based on agriculture or energy to a great level like texas.

The ones that depend on the service economy based on constant gibsmedat packages are the states going to shit economically and socially.

Just look at everyone moving to texas in burgerland , they are not moving to a state that depends on a service economy, the service economy is moving to the core of a state were they are surrounded by industry and energy because that seems to be the only thing generating good jobs that prevents the insane levels of homeless people are showing in places like california i am also sure that also increases the demand for that service economy moving to texas.

>> No.28919915

>>28919739
Texas is a shitcoin
I would dump it

>> No.28919980

>>28917976
nonsense
the rockefeller foundation
the wef
bilderberg
trilateral commission
etc etc

they are all blatantly working to end us hegemony and capitalism. Do you realise how insane it is the president of the united states associates with wef who says they are working to end us hegemony by 2030?

>> No.28920117

>>28919428
>Yea but you can even power cars with gas and trucks too
you would have to completely retrofit people's cars to accept Nat Gas because you can't just pour it into a fuel tank as a liquid the way you can with petrol, ethanol, & diesel

>> No.28920131

>>28919608
>The constitution and bill of rights exist, they do not in china and there is no other country that can resist china.

On china it's even illegal to own rural land, this is why there is so much capital flight via crypto to burgerland or canada.

>you still don't get it, it is irrelevant how much the us prints because the supply has not been defined by anything for decades.

https://fred.stlouisfed.org/series/BOGMBASE

https://fred.stlouisfed.org/series/M1

https://fred.stlouisfed.org/series/M2

it's been defined by insane democrats for the last 13 years.

>you are equivalently making the argument moores law will stop this century, it won't.

My i5 2500k cpu from 2011 was 500% faster than my cpu from 2008.

The best cpu now is barely 60-70% faster than my i5 2500k, moore law is almost over anon.

Also look at bitcoin miners they used to update asics every 3 months now they have not updated them for a year and half(one of the reasons of current btc price is that miners are not dumping to upgrade hardware).

And with TSMC bottlenecked ,intel far behind there probably be one last generation of asics in 2024 at 3nm.

Not sure how moore law will continue after that, what do you think?

>> No.28920194

>>28920117
It does not cost that much, were i live it cost 460 dollars to do it and nat gas is cheaper than oil.

My point was that americans are wasting the gas as a byproduct, to say the usa is rekt is retarded, the usa is a strong nation.

>> No.28920408

>>28920131
when they took it off the gold standard it was not defined by anything. You're buying into nonsense if you think printing money devalues the usd infinite supply is already priced in
moores law is not ending anytime soon. the decreases in the cost of consumer goods this century will be unprecedented

>> No.28920419
File: 268 KB, 1066x739, btc 1 bil.jpg [View same] [iqdb] [saucenao] [google]
28920419

>>28914044
The prophecy is coming true. Kek is smiling upon us

>> No.28920450

if SHTF for a burger, where to flock to?
what's the landscape on east asia?

>> No.28920505

>>28919608
China Psy opd social justice movement into the US to help destroy the country
only way to destroy the US military is to destroy from the inside out through politics

>> No.28920559

>>28919601
Most probably desu, starting another war on middle east could delay it 2 to 3 years tho.

>> No.28920624

>>28920505
i think i know a way to respond
it may sound overly simplified and trivial but i think it has merit

>> No.28920637

>>28920408
I hope you are right on consumer goods but everything in my daily life is going the other way even fucking computers since are talking about it are unpayable now for the average individual.

As for the gold standard you are absolutely wrong gold has a natural low inflation rate of around 1.5% per year, basing global economy around that forced politicians to balance budgets and prevented inflationary taxation.

The gold backed usd was a shit system but the correct one as it allowed for minor inflation to defend korea and vietnam, ending the gold standard caused a massive industrial escape from the west because western wages were based around a commodity with 1.5% inflation while third world or china wages relative to gold were 50x less.

Once you understand why gold was used then it clicks why industry left after 1971, gold was the inflationary anchor connecting currency to a good with low inflation.

This is why real estate has gone up 1550% since 1970 while wages went up 452%

The difference between that is the inflationary taxation used between 1971-2020 which would not have been possible on a gold standard.

>> No.28920644 [DELETED] 

How actually oil situation looks like? I mean, I could buy random oil stocks, but it might not work out so nicely, so I need details. What's actually happening?

>> No.28920695

>>28920624
what?
depends on how much cash you have
more cash probly 20m min singapore/switzerland/hong kong

>> No.28920752

>>28920559
It would absolute destroy the usd, desert storm and the iraq/afghanistan war made the dxy to go down not strong as the muh oil backed people say.

It's when those military operations ended that the dollar became stronger.

>> No.28920960

i'm considering voting democrat to accelerate the destruction of the dollar

>> No.28921089
File: 72 KB, 2192x762, 1583910353965.png [View same] [iqdb] [saucenao] [google]
28921089

>>28920505
the soviets did a lot of that, that was the 60s
ccp is behind blm
but you can only get people on board with that ideology if they are poor which the debasement of 100 years is doing

>>28920637
you are completely fucked if you think pricing things in usd overtime is meaningfull. The value of the usd is measure in gold not the other way round. Believing otherwise is like believing a field gets longer if you measure it with a shorter yardstick. I'm so tired of explaining this shit so I'm not going to respond to you anymore
gold is money regardless of what anyone thinks. It's value changes the least over time of all things. The gold standard is what allowed debasement in that people denominated price wages and savings in dollars. When america was free there was a free market for currency and it was aparrent to people that currency are liquid ious not something to measure value over time in

>> No.28921402
File: 7 KB, 250x200, 1596834225842.jpg [View same] [iqdb] [saucenao] [google]
28921402

thank you lads for your quality shitposts bretty gud thread 10/10

>> No.28921627

>>28920194
I live here and I can tell you right now that the only 2 reasons we haven't been steamrolled is:
>A
because of global military projection, and
>B
China needs us to buy their garbage, and relies on us for cheap grain

literally everything else, from the industry here, the culture, the birthrate(inverse age triangle compared to any normal society), and financial ruin for the younger generations of Americans who aren't taught any skills by their spiteful boomer parents.
You really think that's the sign of a great nation?

>> No.28922168
File: 84 KB, 720x720, 1112DE35-FF8E-4F6A-A129-53833CB75630.jpg [View same] [iqdb] [saucenao] [google]
28922168

>>28917158
“The populace” didn’t take over state assets during the Soviet collapse, it was a handful of well-connected oligarchs that amassed massive wealth while they left the masses to rot in skyrocketing poverty and inequality during the 90s and beyond.
If Yeltsin’s Russia is the fate that awaits the West we may as well kill ourselves beforehand to avoid the horror.

>> No.28922234

>>28914349
I unironically keep a list of Keynesians on my minecraft server to kill when this all goes to shit. It's not even so much their shitty economic ideas, it's their total refusal to ever consider any alternative viewpoint.

>> No.28922311

>>28922234
everytime you post something like this they have more ammunition to get public support for banning free market money. Shut the fuck up

>> No.28922494

>>28914044
They will just print more money LOL

>> No.28922700
File: 511 KB, 680x613, spicnig_cycle.png [View same] [iqdb] [saucenao] [google]
28922700

Every once in awhile a high IQ thread like this comes along on /biz/. Well done anons.
>Pic very related.

>> No.28922723

Kek CPI is such bullshit

>Necessities go up in price
>Consoomer shit goes down in price
>Look goy the CPI is stable, there is no inflation :^)

>> No.28922817

>>28914174

btc isn't a get rich quick scheme it's a dont get poor slowly scheme

>> No.28923215
File: 545 KB, 1242x2518, F4227106-D73E-443B-BD5A-71069E618DD6.jpg [View same] [iqdb] [saucenao] [google]
28923215

>>28914044
Did you listen to me in 2019 Biztards?

>> No.28924231

>>28914044
Bump.
Any opinions on $IDcoin, aka Everest? Some say it could be the next n w o token like fiat was.

>> No.28924873

If you don't live in an urban shithole you barely notice any inflation. Food and clothing prices are stable and if your country has universal healthcare and college then you notice it even less.

Asset price inflation =/= Inflation in necessities.

>> No.28924996
File: 1013 KB, 2000x2666, hold the pain harold einstein.jpg [View same] [iqdb] [saucenao] [google]
28924996

>>28920131
>>Not sure how moore law will continue after that, what do you think?

Nanosheet GAAFET, nanowire GAAFET, then probably move to silicon photonics or figure out how to make graphene/other transistors economically viable

>> No.28925060

BUY LAND

BUY LAND

GET AWAY FROM THE CITIES WHERE RIOTS WILL HAPPEN

>> No.28925488

>>28917196
Don't forget that those food prices are also LARPs. Milk Egg and Sugar are backed by the Government (via subsidies) which is why their prices are "low". The truth cost of milk is $6/gal (Source: https://www.marketwatch.com/story/us-subsidies-lead-to-poverty-and-death-2010-04-09)) And this is from 2010.. It might be higher than that now.

>> No.28926129

Good thread lads

>> No.28927190

IM TOO LATE IM DOOMED AAAAAAAAAAAAAAA