/biz/ - Business & Finance

[Anonymous No.51374744]

>0.75%
>largest ECB hike ever
What the actual fuck is her problem, /biz/?
Does she just hate Greeks, Spaniards and Italians?

[Anonymous No.51374762]

>>51374744
Your already %2-3 behind the world and the hike is just keeping you above water. How would you deal with inflation

[Anonymous No.51374767]

>>51374744
She owns a lot of eth, the raise will happen some hours after the merge

[Anonymous No.51374777]

>>51374762
printing money doesn't cause inflation you anti-semmite!

[Anonymous No.51374793]

>>51374744
You will own nothing and be miserable

[Anonymous No.51374821]

>>51374744
I'm starting to believe she doesn't hate us but is actually a retard without a clue of what she's doing

[Anonymous No.51374847]

>>51374821
None of these boomers are aware of what's going on, they been living in the post bretton woods deflation importing meme era.

The thing is that they are so retarded due to lead poisoning that they are entropic at this point in their choices and that makes them the enemy of anyone trying to make a living and prosper.

[Anonymous No.51374881]

>>51374744
Seems to me Elizabeth warren made comments right on about what is going on. Inflation is due to supply chain issues from covid shutdowns. These hikes arent even necessary these cunts are deliberarely engineering a recession

[Anonymous No.51374886]

>>51374847
>rates go down
everything going up, cant afford anything
>rates go up
everything comes off a bit, crabs, can't afford anything because interest is a thing now.
where do we go from here?

[Anonymous No.51374894]

>>51374881
1_Without the hikes it would be even worse
2_Elizabeth warren was never right about anything also she was one of the most pro shutdown retards.
3_Inflation is supply chains but supply chains are going to shit for multiple reasons covid being probably 40%
4_Yes they are trying to get a recession but not to slow down inflation, they need more brrrrrrr to evaporate their inflation to debt ratio.

[Anonymous No.51374903]

>>51374847
I don't know what the fuck is going on because if you say that they are retarded due to led, the younger people that follow them are what, retarded due to microplastics? I think the average person in general is just retarded and the politicians, since they appeal to them, are as well. I would just like the government to fucking leave me alone so normalfags can all be retarded by themselves.

[Anonymous No.51374905]

>>51374886
>where do we go from here?

Reindustrialization, but in the west most either left wing or right wing don't understand this means a change in society and how it operates.

Industrialization is inflationary and wages must go down so people work in factories, this means the right and left wing must get together and make some decisions unitying both polarities.

Also the governments must stop regulating everything for the lulz.

But both things are going to fall in the west due to demographics maybe burgerland has a chance tough idk.

[Anonymous No.51374919]

>>51374903
>I don't know what the fuck is going on because if you say that they are retarded due to led, the younger people that follow them are what, retarded due to microplastics?

Infected with slave morality to a level no boomer ever had.
Boomers may be retarded but they would have chimped out in two days if they had to live like a milennial.

>I think the average person in general is just retarded and the politicians, since they appeal to them, are as well.

Yes but governments are not just being retarded anymore but suicidal.

>I would just like the government to fucking leave me alone so normalfags can all be retarded by themselves.

Yea crypto homestead commune sound comfy.

[Anonymous No.51374937]

>>51374905
we will have to re-industrialize, and sooner than people thought (because of debt/QE wall that we've hit), but getting there is going to be really fucking hard.

[Anonymous No.51374943]

>>51374744
>Does she just hate Greeks, Spaniards and Italians?
Fuck those lazy ass countries

[Anonymous No.51374997]

>>51374905
>Industrialization is inflationary and wages must go down so people work in factories, this means the right and left wing must get together and make some decisions unitying both polarities.

*wages must go UP

sorry of that mistake, the point i was making is that wages must go up every year in an industrial system due to supply chain inflation.

The last 51 years of wage depression is artificually due to deflation importing

[Anonymous No.51375130]

>>51374997
real wages are declining whilst nominally they go up.
i dont see that stopping.

[Anonymous No.51375323]

>>51374744
>having a natural resource crisis
>the whole inflation is literally a natural reaction to the REAL INFLATION of natural resources
>ECB increases interest
Congratulation, we will now experience something called "mass natural unemployment increase".

I hope the EU countries are ready to go all bankrupt, because now they have to spend either insane amounts for social security, or they can try to find a way telling people who have nothing to lose "p-please don't be violent and look at the rich! J-Just don't do anything while starving to death"

What was the ECB thinking? All people in control of the ECB needs to be replaced immediately and hold liable for anything that will happen because of the interest increase! THIS IS NOT A NORMAL INFLATION! We are literally in a natural resource crisis and not in a overheated market!

[Anonymous No.51375350]

>>51374744
> Greeks
2010 meme
we bleed the tourists dry and haven't asked for money in years

[Anonymous No.51376101]

>>51374997
the issue is if interest rates are going to rise to temper the wage-price inflation loop, then how are companies going to be able to afford to reshore industrial capacity? Reshoring is a -EV process, spending billions of dollars to recreate the exact same processes domestically which will cost even more money to run domestically... at higher interest rates of financing than when you built them abroad. It literally cannot happen without government intervention socializing the cost burden on all of society, and that means:
>>51375130
a broad based decline in the standard of living through lower real wages (whether through inflation or taxation)

how do you pull something like that off without crashing the debt based growth model and making people so unhappy that they revolt?

[Anonymous No.51376138]

>>51375323
idk man it's pretty fucking stupid, I suppose the ECB has to at least pretend they have some sort of plan for inflation to maintain an illusion of control for as long as possible, until the wheels fall off. The inflation problem threatens the security of the euro as a currency and if it declines enough vs the dollar, the entire european union is liable to fall to pieces (making the euro and the ECB absolutely worthless/powerless in the process). Ofc this was all inevitable from the start, just look at what happened to the ERM back in the 90s, same story

[Anonymous No.51376176]

>>51374744
>her

[Anonymous No.51376197]

>>51374744
>Does she just hate Greeks, Spaniards and Italians?
who doesn't.

[Anonymous No.51376440]

I hate gayreeks, spicniards and shitalians.
lazy loud medoids

[Anonymous No.51376531]

based lagarde

[Anonymous No.51376555]

>>51375350
>we bleed the tourists
Shit nigga, Greece is the cheapest place i can go for a holiday if i want to see the sea (and not to a shithole country). If this works for you then hell yeah it works for us.

[Anonymous No.51376597]

>>51376555
Greece is the second most expensive after Italy though. I think Poortugal is the cheapest, but it's not as nice as the other 3 PIGS

[Anonymous No.51376598]

>America increases rates
>every stock falls into oblivion
>Europe increases rates
>bullish

[Anonymous No.51376722]

[Anonymous No.51376776]

>>51374777
>printing money doesn't cause inflation

[Anonymous No.51376825]

>>51374905
>so people work in factories
THE WORLD DOESN'T NEED ANY MORE SHIT HOW THE FUCK CAN'T PEOPLE NOT SEE THIS?
without the concept of planned obsolescence where an appliance or piece of electronics is made to last for along time, only a fraction of today's industrial production would be needed worldwide.
it's that fucking (((System))) demanding ever increasing numbers that people adhere to for a long time now that has brought us a straight2landfill "economy"

[Anonymous No.51379219]

>>51374777
>printing money doesn't cause inflation you anti-semmite!
Printing money = Inflation
It's inflation of the money supply.
Inflation cause price growth.