[ 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: 205 KB, 1440x1440, 21b068e6f19c57e4983d052aca0a9d33d1-11-paul-volcker.2x.rsquare.w1200.jpg [View same] [iqdb] [saucenao] [google]
49524847 No.49524847 [Reply] [Original]

>they spent an entire decade trying to figure out how to stop inflation
>literally all they had to do was print less money, and it took them 10 years to figure this out
>40 years later everyone forgot what happened and now we're going to go through the same thing to learn the same lesson

>> No.49524869

>>49524847
It didn't take them time to figure out. They played hot-potato with a bubble market, and each successive administration didn't want to be responsible for recession.

>> No.49524925

>>49524869
the more things change the more they stay the same

>> No.49524947

Best thread on this shit board right now
I have $100k in dry powder. What do I do as far as shorting strategies, and then what do I buy at the bottom?

>> No.49524965

>>49524947

You are assuming they won't just choose to hyperinflate. Not investing has its own risks.

>> No.49525031

Greed is insatiable op. That being said Rand Paul bringing up returning the Gold Standard brings some light in this tunnel. We desperately need to peg our dollar to something other than cartel methods of intimidation.

>> No.49525038

>>49524847
Inflation is more than just money printing you idiot.

>> No.49525040

>>49525038
really? how?

>> No.49525096

>>49525040
You have to make the money bigger by pumping something into (air, milk, cottage cheese) before releasing it on the open market

>> No.49525114

>>49524965
They won't

>> No.49525140

>>49524965
Elites still got bags of cash, bottom is not in.

>> No.49525249

They wanted inflation to save them from their crippling sovereign debt. This is also the same reason why they will refuse to fix inflation by raising interest rates to 10%

>> No.49525362

>>49524947
hold cash or commodities

>> No.49525398
File: 30 KB, 301x228, 20220611_124729.jpg [View same] [iqdb] [saucenao] [google]
49525398

>>49524965
There is usually a deflation before the hyperinflation. The deflation triggers the hyperinflation as the central banks panic print into oblivion.

>> No.49525402
File: 685 KB, 1314x1710, IMG_20210621_111505.jpg [View same] [iqdb] [saucenao] [google]
49525402

>>49525249
This. The Government, and by extension the Feds, want to inflate away the sovereign debt but they've managed to provoke an affordability bubble crisis across the entire country. They've backed themselves into a corner and only have two choices:
>Crash the economy, risk defaulting and a possible depression
>Keep inflating and pray that you don't accidentally hyperinflate the economy.

The reason why it got this bad is because everyone in charge is a greedy fucking asshole who doesn't want to stop playing. If they step away from the table, then someone else is gonna get the money. It's a zero-sum game for them, and they're playing with all of our futures as leveraged bets.

>> No.49525453

>>49525249

interest rates at 10% will result in countless bankrupcies and massive unemployment. It doesn't solve anything. If anything it would just result in more money printing when the government is forced to increase defecits and do more hellicopter money to help recent laid offs.

>> No.49525466

>>49524847
Why do you think what they're doing isn't entirely intentional?

>> No.49525626

>>49524847
>thinking this current print wasn't in the cards
Ever heard of the boomer pension crisis? No? Then look it up and then you'll quickly realize that covid was an escape rouite to print trillions to stem of a systemic collapse. That I argue will happen anyway. Millennials and Zoomers make up half HALF of the planet as of right now. Good luck with the economy...

>> No.49526174
File: 18 KB, 344x342, 1653410691644.jpg [View same] [iqdb] [saucenao] [google]
49526174

>>49525626
>boomer pension crisis
give me a rundown

>> No.49527487

>>49525626
Does gen x even care what happens to this world anymore?

>> No.49527931 [DELETED] 

w*pypo are stupid fucking idiots and I'm tired of pretending they're not

>> No.49528036

They pretend they care about people’s savings and inflation and only temporarily hike up interest rates. I think they turn on QE again to hyperinflate them out of all the covid/lockdown debt and all the pre covid bullshit spending. Hiking up interest rates will crash the economy too but the government wont lose their debt.

>> No.49528069

It' by design. The *chosen people* accumulate a lot of money during the printing phase, then they invest the money during the high rates + qt phase.

>> No.49528089

>>49525398
Ya the deflation happened in march 2020 when the debt bubble blew out and they decided to call it covid so they could blame the trillions of dollars of money printing on the flu instead of central bankers...

>> No.49528240

>>49524965
I'll call their bluff and reallocate if their turn dovish. losing 10% to inflation is preferable to losing 10% per week in crypto lmao

>> No.49528319

Of course they knew, but the political consequences of hitting the brakes were untenable, debt is off the charts and the public perception is very much that numbers can only go up.

>> No.49529751

Op it's not that simple, they kick started these beast with cocaine greed fueled leverage mania over on wall st and need to get their next high, they can't do that without a bottomless pit of money supply to draw from. It's always been a train going at 200mph on a track being laid down right in front of it.

>> No.49529825

>>49524847
This was by design to extract value from the dollar, via money printing and cheao debt. They're stealing from you, clown.

>> No.49529870

>>49524847
You are putting this as if the government isn't there SPECIFICALLY to fuck you over and squeeze the most out of their citizens

>> No.49530224

Dude, everything the Crooks at the Fed do is intentional and part of the long term plan to Communize the Constitutional Republic of the United States of America. Bankers or the #1 driving force of Communism on the Globe, specifically the Khazarian Mafia Bankers. Start with “None Dare Call it Conspiracy” from back in the mid 70’s. It’s a good foundation to begin pulling your head out of your ass.