US dollar hyperinflating

[Anonymous No.29956669]

Zoomer european here, why should I care about the US dollar hyperinflating? Will this affect the Euro?

[Anonymous No.29956730]

It will affect the Euro, but generally, Euro is stronger currently.

[Anonymous No.29956822]

Your us stocks will be worth a bunch more dollars, but the dollars themselves will be disappointingly worthless when converted back to a usable currency

[Anonymous No.29956905]

the euro supply is also skyrocketing, so you should care, since what the FED does, the ECB does also

[Anonymous No.29957354]

>>29956730
What is the euro truly based on? I can't find a straightforward answer.

[Anonymous No.29957429]

>>29957354
it's fiat so nothing

[Anonymous No.29957432]

>>29956905
So kinda like what bitcoin does alk the other altcoins do as well? I'm just trying to undesrand this a bit better. I'm also considering investing a bit in sikver, if I can even get real silver in the EU that is.

[Anonymous No.29957472]

>>29957354
tether

[Anonymous No.29957487]

>>29956669
Europe is the place where inflation is likely to happen, but i think all the european bureaucrats will manage to contain it.

US inflation is a meme by mental midgets here, US dollars go to china, india and poor countries which ill keep the costs of goods very low.

Europe is not relevant in finance anyway, so what matters is the US and china and India.

[Anonymous No.29957501]

>>29957429

You have to pay taxes with it. So the entire might of the collective EU government is what backs it.

[Anonymous No.29957814]

>>29957432
so nothing

[Anonymous No.29957861]

>>29957487
>US dollars go to china, india and poor countries which ill keep the costs of goods very low
t. mental GIANT

[Anonymous No.29957894]

>>29956669
Fellow Yuropoor here. The euro is being printed just as hard

[Anonymous No.29958234]

>>29956669
>Millenial european here, why should I care about the US going through a financial crisis? Will this affect the Euro or European banks?

[Anonymous No.29958263]

>>29956669
No. Only the Euro matters. The strongest currency in the world.

[Anonymous No.29958294]

>>29957814
>so nothing

[Anonymous No.29958413]

>>29957501
>the entire might
kek it's literally weak ass nations

[Anonymous No.29959018]

>>29956669
The Euro is pretty much pegged to the dollar as the ECB and the Eurozone rely on a relatively weak EUR when it comes to exporting goods and stuff. On a macroeconomic and geopolitical note, and take this with a grain of salt, Europe and the Eur will gradually take over the Reserve currency status (as long as Bitcoin does not act as the intermediary eventually) because we are far closer to Asia trade wise, and Asia is the economic powerhouse. Russia and China are adopting the EUR to weaken the US (which it already does quite well itself)

[Anonymous No.29959231]

>>29959018
So what would be a good strategy for me short and long term financial wise to not loose value over time? If I understand correctly the EUR will keep pretty much the same value as it has now but the value of the US dollar will decline in the coming years

[Anonymous No.29959321]

>>29959231
own assets, not fiat

[Anonymous No.29959370]

anon, this means we get a debt discount

[Anonymous No.29959396]

>>29956669
imagine coming on biz to talk about fiat. kek

[Anonymous No.29959441]

>>29958263
i think you meant the NIS

[Anonymous No.29959585]

>>29959231
the EUR is "PEGGED" to the USD which means it moves in unison, sure it might be stronger than the USD now but in comparative terms the EUR is just 20% stronger than literal USD monetized debt which is worth almost nothing (the US is pretty much bankrupt)
My advice (which I personally follow, seeing as I have 75% of my networth in it) buy Bitcoin and just hold as long as you possibly can.

[Anonymous No.29959725]

>>29959018
The US want a weak dollars, they always wanted it to be weak after a recession.

Anyway all currencies are pegged to the USD in your view lol

[Anonymous No.29959736]

>>29956669
I'm going to put it to you in simple terms, if America goes tits up from hyperinflation of its fiat currency so goes the world see >>29957429
Consider it Americas economic Sampson option. Ah, the benefits of globalization.

[Anonymous No.29959873]

the eurozone is far worse off than the states and the current head of the ecb is braindead. if you're gonna waste your time with fiat avoid the euro

[Anonymous No.29959963]

>>29959231
And let me put it into very simple terms here, just because I know it might be confusing for people that arent into financial markets and macro stuff.
>USD has been expanded by around 40% in 2020 alone
this can be measured via M1/M2/M3 money supply, which the Federal reserve used to publish on a weekly basis. This means that in terms of scarce assets (real estate, stocks, precious metals, bitcoin, art) the USD has lost 40% of its purchasing power in a single year. There are reasons as to why you do not necessarily see this quickly as a consumer, it has to do with the way our economies are built to scale and how the quality of goods diminishes quickly over time
>US National debt is not attractive any longer
this is why the market was shaken up last week, the federal reserve pretty much had to buy up all the bonds because people lose confidence in the USA and it's ability to actually generate the tax revenue it needs to make good on the bonds without just inflating the debt away
>the Eurozone depends on a weak Euro
which is hard to do for the ECB because the US abuses it's reserve currency status to basically inflate at insane levels, so the Eur remains 20% stronger, but make no mistake about it, it is also losing value almost as rapidly as the USD
The long and short:
Sell your fiat money for scarce assets that are likely to outgrow inflation (which is around 8-10% over a 10 year period. This means growth stocks or Bitcoin.
For my money, it's bitcoin, as it is perfectly scarce and actually deflationary, which is the antithesis to fiat money.

[Anonymous No.29960015]

>>29959725
the US wants a weak dollar but the world does not want a weak dollar, because the US is abusing it's reserve currency and petro dollar status to export inflation via USD minting.

[Anonymous No.29960042]

>>29958413
ruling over weak ass people, so it still works.

[Ksenia No.29960082]

Hi mates, wazzap here?

>Did you see that scam attack on /biz/ today?
These homeless niggers really think that clever trader will look at their rubbish
Funny lmao
>I don’t risk today, my funds are on yield farming on yvs finance and I can withdraw any time

[Anonymous No.29960104]

>>29959873
jpow and yellen are equally as retarded and short sighted as Lagarde.

[Anonymous No.29960554]

>>29959963
Thanks for this input, will research the M1/M2/M3 when I get home. Two more questions, what's your opinion on ethereum and do you have any? And what about silver?

[Anonymous No.29960699]

https://rumble.com/vbh0hf-episode-6-twix-warfare.html

Here's what will happen on a daily basis:
The United States crashes
12hrs later
Japanese and Chinese stockmarkets flip the fuck out
12 hrs later
The European exchanges continue downward but less extreme than asia

[Anonymous No.29960759]

Any actual proof hyperinflation is even remotely possible? All I have seen is blogposts and feefees about ancient Germany

[Anonymous No.29960970]

>>29960554
Ethereum is not a currency, it's a decentralized computer to run software on, so the value of it relies entirely on the willingness of the developers of said software to use Ethereum. Bitcoin is wildly different.
Silver is manipulated by banks just as much as gold is manipulated by central banks. I dont care about them at all, as they do not offer the same value as bitcoin does.

[Anonymous No.29960999]

>>29956669
USD is the global reserve currency so itll take everything else with it

[Anonymous No.29961116]

>>29960999
not true at all, as long as the decline is gradual (which it is) and as long as the other economic agents dish the USD (which is haeppning as we speak)
Eventually the US will realise that all it's power has vanished, and then it's over.

[Anonymous No.29961166]

You Americunts do realize you're living on borrowed time, right?

[Anonymous No.29961226]

>>29961166
the scam is being uncovered every moment and US power is vanishing. I am certain that the US will fall into relative obscurity over the next 20 years. It's a giant paper tiger, propped up by nothing but false hopes and vain confidence.

[Anonymous No.29961506]

>>29961226
That’s why we stay in the Middle East

[Anonymous No.29961575]

>>29961116
How does currency give power? US Military occupation of every country on earth ensures it's power, not pieces of paper.

[Anonymous No.29961694]

>>29956669
World peace is an unnatural state of existence that can only be sustained while America plays world police. When America can no longer afford to do that, we're going to see a whole lot of war.

[Anonymous No.29961760]

>>29956669
ofc it will.
america will go to recession and sell us cheap stuff. prepare to feel like a king of amerimutts

[Anonymous No.29961856]

>>29961575
>store of value, unit of account, and medium of exchange.
If you're currency is worth more, you have more power. If it is worth less, you have less.

[Anonymous No.29961868]

>>29960970
You should look into Monero as well, if you like Bitcoin

[Anonymous No.29961885]

>>29956669
You shouldn't care, it's mutt propaganda thinking the world revolves around them. Would the Turkish lira or British pound tanking affect the euro? The answer is no

[Anonymous No.29961907]

>>29961694
>America plays world police
Kek
America is not keeping the peace. No-one is. Superpowers aren't at war directly is all. I don't see them ever waging direct war until one of them is on their last gasp.

[Anonymous No.29962080]

>>29957354
Fiat means "by declaration" so its based on the power of declaration of the EU. If noone cares what the EU says, its worthless.

[Anonymous No.29962190]

>>29961575
the military is just a derivative of fiat money. Fiat power equals (in theory) a strong economy that can expend a lot of money on military shit.

[Anonymous No.29962230]

>>29961868
Monero is the most fungible currency on the market right now, but I dont want a liquid currency right now, for me to not buy Bitcoin is to lose in opportunity cost.

[Anonymous No.29962296]

>>29961694
>world police
>USA
kek, that's a good one.
The US is the single biggest factor and perpetrator of war(-crimes) and has been for decades now. The fact that people think the US brings "law and order" is hilariously misguided.

[Anonymous No.29962481]

>>29962230
True, rarely do I meet a smart anon on this site. Kudos anon

[Anonymous No.29962512]

>>29957354
USD

[Anonymous No.29962521]

>>29958234
kek

[Timann No.29962530]

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[Anonymous No.29962583]

>>29962481
Thanks fren, we are all gonna make it.

[Anonymous No.29962673]

>>29962230
Btw you got discord or anything similar? I would like to talk more about this things after this thread goes 404

[Anonymous No.29962678]

>>29956669
Euro will go blipblop if the trade to US becomes minimal.

[Anonymous No.29962742]

>>29957354
It was and still is german replacement for USA funding after the cold war.

[Anonymous No.29962840]

>>29957354
nothing fuckin nothing and people here dont know shit either, they actually think its only real money and backed with something solid.

[Anonymous No.29962863]

>>29957501
dont have to pay taxes if i dont have euros then do i

[Anonymous No.29962864]

>>29962673
Add me on Telegram (nickname is Nostera)

[Anonymous No.29962914]

>>29958413
>>29960042

ITT amerimutts larping over power fantasies.

[Anonymous No.29962947]

>>29959018
>the Eurodollar is going to be a reality

[Anonymous No.29962955]

>>29956669
unironically you should keep your savings in PLN, check what happened in 2008 to both euro and usd

[Anonymous No.29962962]

>>29962678
>blipblop

the level of intellect on /biz/ continues to amaze me

[Anonymous No.29963023]

You are anon, you didn't start trash.
Stop with the stupid tangents that aren't about making money
this shillers never know cool project to advise
>Buy no worry about it, have SWG and wait for swirge development

[Anonymous No.29963071]

>>29962947
the Eurodollar is already a reality. The Euro is the brainchild of the people that are the spiritual sucessors of the Bretton Woods underwriters. Europe pre Euro was a far greater threat to the US, because Currencies had to compete and the USD's weakness became apparent vs the Deutschmark.