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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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53252795 No.53252795 [Reply] [Original]

t. smol centralbanknigger preparing for global fiat implosion.

Policy designing, geopol and consensus making is my bread and butter.

Ask me almost anything.

>> No.53252854

How many weeks do we have left according to your estimation?

>> No.53252856

>>53252795
what are they feeding him and can the physique be achieved natty

>> No.53252883

>>53252795
How much of that top part of the pyramid will flow into gold?
Will 300oz of silver turn me into a millionaire by today's standards?

>> No.53252931

>>53252854
> How many weeks do we have left according to your estimation?
Two weeks

>>53252856
>what are they feeding him and can the physique be achieved natty
He has a genetic sneed I am told, that is why he is fat. I don't know what he eats, have only met him once in Frankfurt.

>>53252883
>How much of that top part of the pyramid will flow into gold?
As much as it is needed to construct the new system. Ever heard of Basel III?
>Will 300oz of silver turn me into a millionaire by today's standards?
300oz of silver will be worth 300oz of silver, that I can tell you.

>> No.53252963

>>53252931
>Ever heard of Basel III?
Yes but I didn't get it. Wasn't it supposed to spring into action earlier last year? I don't quite remember what it was about. Banks had to cover short positions in gold?
Can you explain it like I was 12?

>> No.53252977

>>53252795
What is your stance on stocks and crypto over the next 12 months? Have we bottomed? Do you think inflation and rates will start coming down in 2023?

>> No.53253034

>>53252963
>Can you explain it like I was 12?
Until now, banks could have had any bag of shit on it's balance sheet on the asset side.
Basel 3 and 3.1 dictates that the bags of shit should be slightly less stinky.
This increase in the quality of permissible assets will throw many banks under bus.

>>53252977
>What is your stance on stocks and crypto over the next 12 months? Have we bottomed?
In my opinion a bottom for stocks and cryptos is yet to come.
I am keeping a close eye on JGBs. End of Q1 or Q3 should be fun.
After that, printer will be kept brrr until the inflations improve.
> Do you think inflation and rates will start coming down in 2023?
Inflation in what? per what index or measure?
The rate of rate hikes might slow down but I don't think the rate itself will go down.

>> No.53253060

>>53253034
if basel 3 isnt legally binding and theres nobody to enforce it, isnt it kind of just a wank?

should we just trust banks if they say they are going to follow it?

>> No.53253154

>>53253034
What are JGBs?

Inflation in housing, commodities, food and energy since they are the biggest contributors to CPI.

>> No.53253162

>>53253034
Zoomed here
When will real estate collapse?
I want to see d people starve en masse

>> No.53253326

>>53253060
>if basel 3 isnt legally binding and theres nobody to enforce it
Your bank will be asswhooped if it does not play ball with BIS
>should we just trust banks if they say they are going to follow it?
You should be 18 to post here.

>>53253154
>What are JGBs?
https://www.investopedia.com/terms/j/jgb.asp
>Inflation in housing, commodities, food and energy since they are the biggest contributors to CPI.
CPI is mostly a meme, fuggedaboudit.
There is this simple rule: "Higher the currency in circulation, lower is it's buying power".
Lower buying power translates into higher inflation.
Different "organs" of the real economy (equity, commmodity, services, instagram models) will get different magnitude of liquidity at different points of time and space. This translates to inflation in that particular "organ" at a given time and a given location.

>>53253162
>When will real estate collapse?
It is difficult to time when bubbles burst.
>I want to see d people starve en masse
Be careful what you wish for, hope you do not have a mirror in your home.

>> No.53253444

>>53253326
I’m ugly and still live with my parents.
I will buy a house when it collapses

>> No.53253540

>>53252795
Will the dollar be last to break and thoughts on the dollar milkshake theory

>> No.53253710

>>53253540
>Will the dollar be last to break and thoughts on the dollar milkshake theory
I think dollar milkshake theory is based. It is drawn from an astute understanding of basic economics and nothing else.
Look at the Exter's (inverted) pyramid in the opening post.
Dollar milkshake theory assumes that the pass through of value as shown on the pyramid is top-to-bottom.
This is correct in the general sense. But it discounts the possibility that one can 'jump' a given level. That is, for example, go from bonds directly to precious metals while short-circuiting paper money pool completely. Though I do not think we would see this happening until very late in the larger cycle.
Also, in my opinion, we would start going from USD hegemoney (heh) to the new system when the milkshake is too thick and the US is about to have a sugar crash.

>> No.53254211

>>53253710
Interesting I'll look more into your OP image. What system would that be? Maybe a Gold/silver backed cbdc or collaboration with existing stablecoins maybe such as blackrock backed circle?

>> No.53254249

>>53253326
>You should be 18 to post here.
oh ok so youre just a dumbfuck wagefaggot then with no answer. fall out of a skyscraper you fucking slave

>> No.53254308

>>53254211
>>53254211
>What system would that be? Maybe a Gold/silver backed cbdc or collaboration with existing stablecoins maybe such as blackrock backed circle?
It will most likely be a greenfield system backed by precious metals and "trust".
I do not think existing private stablecoins will be allowed at big boys table.
Blackrock is less powerful than what people assume. It is one of the turkeys being fattened up if a boogieman is needed on short notice.

>> No.53255587

>>53254308
What happens to all the debt?

>> No.53256777

>>53255587
"Redistributed"

>> No.53257157

>>53256777
I don't know if the middle class could even swallow the amount...

what are your thoughts on chainlink and have your colleagues heard of it

>> No.53257430

>>53257157
>I don't know if the middle class could even swallow the amount...
They don't have to swallow. They can always take it in the back.
>what are your thoughts on chainlink and have your colleagues heard of it
In my judgment, the token is a very good scam. It was a smart way to raise some funds. Now the shilling operations appear to be hitting marginal utility.

>> No.53257991

>>53253444
>I will buy a house when it collapses
With what income? Youre still going to have a job after this hypothetical collapse?

>> No.53258138

>>53252795
How do they plan to convince the majority of people to willingly accept a new system? People make CBDCs out to be a boogeyman but I dont think they quite understand what CBDCs actually will be.

>> No.53258178

Following replies as well are from me.
Travelling, so id keeps on changing.
>>53253034
>>53253326
>>53253710
>>53254308

>> No.53258304

>>53258138
>How do they plan to convince the majority of people to willingly accept a new system?
No convincing needed. Just make sure the alternatives are not feasible.
> People make CBDCs out to be a boogeyman but I dont think they quite understand what CBDCs actually will be.
It is the private stable issuers who are mostly funding hits on CBDCs. Both private stable coins and CBDCs lead to same frying pan.
People will be made to feel like they understand. That is sufficient and they will choose one or the other prison.

>> No.53258349

Bitcoin is the apex

>> No.53258427
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53258427

>>53257430
>what are your thoughts on chainlink and have your colleagues heard of it
>In my judgment, the token is a very good scam
Linkies eternally BTFO, keep telling you nobody has heard of your scam outside of /biz/ and r*ddit

>> No.53258437

>>53258304
>No convincing needed. Just make sure the alternatives are not feasible.
So its about to get real bad isn't it? I work in the auto industry and my company is moving to EVs, will that prove safer than other areas as far as having a job is concerned?

>> No.53258548

>>53258437
>So its about to get real bad isn't it?
For who?
>I work in the auto industry and my company is moving to EVs, will that prove safer than other areas as far as having a job is concerned?
I am a policyfag, ask me something about what's cooking in legal, legal-peripheral issues related to banks, plumbing, macro and digital assets and I might be able to answer. Job market trajectories is not my field of study.

>> No.53258590

>>53258548
Bad for the average person/wagie I mean. Ok, as far as interest rates are concerned, what is likely to happen with liquidity at the corporate levels and individual levels if you know? Will it all just dry up or will the money printr just keep burring until the fed finds a happy medium?

>> No.53259731

>>53253326
>Your bank will be asswhooped if it does not play ball with BIS
So you mean they will not follow that rule, make billions off of not following it, then POSSIBLY get slapped with a small fine that is <1% of the money they made avoiding the rule.

>> No.53260013

>>53252795
So what are you holding to prepare for this?

>> No.53260112

>>53260013
Check the bottom of that upside down pyramid.

>> No.53260196

>>53258590
>Ok, as far as interest rates are concerned, what is likely to happen with liquidity at the corporate levels and individual levels if you know?
Do you remember the great toilet paper shortage of 2020? It was our way of telling those in the inner circle that there will soon be a USD liquidity crunch.
> Will it all just dry up or will the money printr just keep burring until the fed finds a happy medium?
There is no single money printer but printerS. Each will brrr when and where needed, to whatever extent that it is needed. At the end of the day what one sees is the net resultant of actions of individuals at the top (and bottom) - in what they consider to be mostly in their own self-insterest.

>>53259731
>So you mean they will not follow that rule, make billions off of not following it, then POSSIBLY get slapped with a small fine that is <1% of the money they made avoiding the rule.
One has to keep in mind the nature of financial shenanigans. Almost all of them are precedentless crimes.
Would you believe me if I tell you that none of the big banks have broken any laws *directly* since 1971? The idea is always to place a ladder between two legal cliffs, climb to the top, and then kick off the ladder. Skirting laws is never a crime.
In the eyes of common folk, skirting appears to be breaking. That is their problem.

>>53260013
>So what are you holding to prepare for this?
Right now I am collecting, holding comes later.

>>53260112
>Check the bottom of that upside down pyramid.
The bottom of that upside down pyramid is not the bottom (heh).

>> No.53260382

>>53260196
are you familiar with the multi-cbdc trials BIS has been performing with other banks and can you tell us about Ripple's role in them

>> No.53260445

>>53252795
Finally. An actual insider.
Is a global war on the horizon?

>> No.53260476

>>53258304
this is how i always saw it and it seems straightforward. cbdc replaces stable coins, not btc or eth or any other shitcoin. i never got the panic about its introduction. if anything, it would lead to a crypto pump

>> No.53260518

>>53260196
also, how to get into the macro economic field?

>> No.53260576

>>53258548
Are you mm4?

>> No.53260615

>>53260196
Interesting, will the brrr affect prices of our day to day lives? Or that should not matter? Also thoughts on cryptocurrency regulations? Or know when they will finally happen?

>> No.53260783

>>53260382
>are you familiar with the multi-cbdc trials BIS has been performing with other banks
Somewhat familiar.
> and can you tell us about Ripple's role in them
Corda / Hyperledger and some proprietary junk from Accenture are being used in the trials. I am not a techfag.
I do not think XRP the token will be of any use other than acting as funding source for the foundation.

>>53260518
>also, how to get into the macro economic field?
Degree from the Uni. Be careful, the field is full of Keynesian niggers. You need to be able to pretend you are one of them.

>>53260576
>Are you mm4?
?

>>53260615
>Interesting, will the brrr affect prices of our day to day lives?
Duh.
>Also thoughts on cryptocurrency regulations?
Come to papa.
> Or know when they will finally happen?
Almost all countries have a working draft. They will likely be pushed once a painful crash is executed. Expect 2024-26 window to be wrought with new laws.

>> No.53261668

>>53260783
>Almost all countries have a working draft. They will likely be pushed once a painful crash is executed. Expect 2024-26 window to be wrought with new laws.
Know if the laws will be punitive or just basic KYC, pay your taxes etc? And its funny 2024-2026 leads right into 2027 which lines up with some things I may have come across.

>> No.53261689

>>53252795
Why has gold been replaced by Bitcoin as an inflation hedge and store of value?

>> No.53261708

>>53252795
Monero is literally on the peak of this reverse pyramid

>> No.53262247

>>53261689
um it hasnt anon nobody who isnt retarded stores value in any crypto

>> No.53263335

>>53261668
>Know if the laws will be punitive or just basic KYC, pay your taxes etc? And its funny 2024-2026 leads right into 2027 which lines up with some things I may have come across.
The laws will be all encompassing. Following are the 'tags' in the future version of KYC.
1. Biometric and location data
2. Financial data
3. Ownership data
4. Basic medical data
5. A digital locker
6. Identity and governance data
7. Placeholder for energy footprint
8. Placeholder for social footprint
The policies that are being constructed right now take into account the above 8 parameters in one form or the other.

>>53261689
>Why has gold been replaced by Bitcoin as an inflation hedge and store of value?
What?

>>53261708
>Monero is literally on the peak of this reverse pyramid
Monero is a wildcard. It does mimic the functionalities of precious metals without being physical. I am keeping an eye on it.

>> No.53263853

>>53263335
Wtf do I buy?

>> No.53263855

>>53263335
That seems extensive for KYC but not unexpected, especially the medical data(vaccine passport???). How easy will it be for normal people to be brought onboard to this new system? Will KYCd wallets have to submit to backdoors in case of "bad" behavior? As an aside, what are some signs to look for on the markets crashing?

>> No.53263859

>>53260196
>Right now I am collecting, holding comes later.
What are you "collecting" then? What will you hold later?