*Points camera at /biz/*

[Anonymous No.55479166]

How does it feel to be entirely wrong in your predictions of an “imminent recession and market crash” when no recession or market crash will happen?

[Anonymous No.55479179]

>>55479166
If you wait just 2 more weeks, you'll see that my predictions were actually correct

[Anonymous No.55479195]

>>55479166
Markets probably won’t crash for another year if ever. Meanwhile people are overextended on credit and once they refi payments are going at up. Retail gonna miss the next bull run

[Anonymous No.55479198]

>>55479166
Business insider is cringe tier leftist trash. They’re literally wrong about everything.

[Anonymous No.55479199]

They were wrong about it being imminent because we're in it already.

[Anonymous No.55479219]

>>55479199
I only talk to my wife, my retired parents, and 3 single dudes that have a very low cost of living with 2 living in bumfuck Minnesota and the 3rd inherited a paid off house

Are normies suffering?

[Anonymous No.55479226]

>>55479166
oh no I'm so demoralized
it's almost like everything is staged/scripted

[Anonymous No.55479247]

You will always be a slave as long as you wear their chain of fiat around your neck.

1) Hard money forces positive sum activity as everything has to balance.
2) Hard money fell out of favor for transactional not economic reasons during the industrial revolution.
3) Politics always favors soft money because it enables easy and opaque theft.

BTC solves money, it is technical fix for a political problem, it is transactionally easy hard money, and unlike physical hard money, abstraction layers can ALSO be trustless and uncorruptible, preventing the problems seen in "backed" soft money where the manipulation happens in the abstraction layers.

You can't sell corn for less than it costs to produce, unless you pay people to grow corn. This is a supply-side subsidy, as opposed to a demand-side subsidy, i. e. paying people to buy a given thing. Social spending acts as a supply-side subsidy for labor, if a worker needs $1k/m to exist they CAN'T sell their labor for less than $1k/m, but what happens if we give them food stamps, subsided housing, Medicare etc etc etc? Well now they can sell their labor for less than it costs to produce! Oligarchs benefit, no one else, certainly not the workers.

But wait! How were those social programs paid for? Deficit spending? You mean counterfeit money? Exactly. Deficit spending is an expansion of the money supply (simple dilution), it robs ALL income earners and gives to asset holders (as an increase in money supply will naturally inflate assets) THIS is the cause of the wage/productivity divergence seen since the 60s!

The entire fiat grift rests on debasement outpacing wage growth, such that real wages fall while assets inflate (parasitic transfer of resources from income earners to oligarchs). PoW crypto allows workers to opt out of the fiat grift, BTC will pump because statist fucking shits will never stop debasing.

[Anonymous No.55479333]

>>55479166
I never said that

[Anonymous No.55479353]

Anyone who can read already knew this.
Anyone else is still invested in this 'token...'

[Anonymous No.55479356]

>>55479219
Absolutely. Rent is insane and inflation has 2x everything. And now student loans are back in, it’s over

[Anonymous No.55479730]

ctrl F the article
not ince did he mention yield curve inversion

sent this to mavrick
im sured he'll have something to say

[Anonymous No.55479888]

>>55479166
/biz/ is full of low IQ zoomers, so I always invert /biz/. The why I stopped buying cryptos was /biz/

[Anonymous No.55480576]

>>55479219
Yes.