/biz/ - Business & Finance

[Anonymous No.57803387]

CUT MY LIFE INTO PIECES

[Anonymous No.57803398]

To the place, I beloooong

[Anonymous No.57803408]

>>57803387
Didn't they tell you? Today's trillion is yesterdays billion. No biggie.

[Anonymous No.57803410]

>>57803387
debt is a meme, never has to be paid off only the interest payments and the federal reserve is so kind to give low rates only ~1.5% or something

[Anonymous No.57803427]

>>57803398
West virginiaaaaaaa mountain mommaaaaaaa

[Anonymous No.57803438]

>>57803387
Where did you find this screenshot OP? Don't lie

[Anonymous No.57803463]

The geriatric boomers running this country are stealing as much as they can before they die.

[Anonymous No.57803545]

and the ponzi is only going to accelerate, since the money is being printed as new debt to pay the interest on old debt.

[Anonymous No.57803591]

Gonna need a handful of these

[Anonymous No.57803626]

>>57803410
>and the federal reserve is so kind to give low rates only ~1.5% or something
Kek, nobody tell him what the current rates are

[Anonymous No.57803629]

>>57803410
Used to.
Not anymore.
Interest rates are going up.

[Anonymous No.57803628]

>>57803591
>worthless rocks
Food, guns, ammo, etc. are worth it in the collapse. Not your boomer rocks.

[Anonymous No.57803649]

>>57803626
Lmfao you'd have to be waking up from a coma from April 2020 or something to not know the Fed raised rates.
It's the only thing anybody, on any news channel or youtube channel has talked about for two solid years.
The Fed raising rates to 5.33% has been broadcasted so loudly i'm not sure how people can not grasp the impact this is going to have on the National Debt.
Wait until people realize the interest rates are actually going to keep going up from now on, especially if they try to artificially lower them by printing money and buying bonds (QE).

[Anonymous No.57803652]

>>57803628
Wrong canned response bro, it's the trillion dollar coin, not silver

[Anonymous No.57803658]

>>57803628
retard

[Anonymous No.57803671]

>>57803387
Don't worry, I'm sure latinos and opiate addicts will find a job and will pay taxes so that debt can be paid.

[Anonymous No.57803704]

>>57803671
Anon, the way things are going the net interest on debt will overtake tax revenue.

[Anonymous No.57803705]

>>57803410
This, nobody is really expecting someone to pay up. Debt gay numbers will just go up until we decide to just cancel it.

[Anonymous No.57803713]

>>57803628
>Society will colapse in our lifetime even though it hasnt in millenia
>Why?
>It just will OKAY?!

This nigga think the bronze age collapse is about to happen again and is allocating his resources on this small chance.

>B-but its insurance!

Yeah dumb nigger, do you pay 20k insurance on your 1k car?
You dumb financially illiterate schizo gorilla.

This applies to dumb niggas that go 100% into boomer rocks too.

[Anonymous No.57803722]

it just means fiat devaluation. Smart money holds real assets and the weak and poor will sucks dicks(maybe larger ones) as they always do.

nobody cares about money printing as long as there is individuals in power who benefit from it. The biggest mistake I did is thinking that the world is fair and just. It pays to be fair and just in long team relationships but business and resource sharing is a completely different ballpark.

[Anonymous No.57803746]

>>57803713
>Society will colapse in our lifetime even though it hasnt in millenia
The Weimar Republic and the Soviet Union collapsed. What makes America immortal?

[Anonymous No.57803812]

>>57803746
And how did food and ammo help in the weimar republic and soviet union collapse?
Do you think it was Fallout? Americans are mind fucked by media.

[Anonymous No.57803826]

2 more weeks

[Anonymous No.57803857]

>>57803652
nope, it's just a shiny rock pressed into a coin. it's material is not worth $1T
>>57803658
boomer
>>57803713
>society hasn't collapsed yet so it can't collapse
boomer take

[Anonymous No.57803870]

>>57803857
Are you just schizo or just bad at probability?

[Anonymous No.57803912]

>>57803870
Explain to me how the US government is going to pay off $34+ trillion dollars. (You can't).

[Anonymous No.57804103]

>>57803912
They wont, they will keep printing money and society wont collapse.
Inflation only destroys nations when its too fast in a short period of time. Over time it doesnt matter because all economic actors adapt.
People comparing 3-4% yearly inflation to Weimar have no idea what Weimar inflation was like. Its was like millions of % in a space of months, that wont happen in a stable nation.

[Anonymous No.57804104]

>mint some $30T coins
>throw em on the counter to pay off the debt
It's that easy

[Anonymous No.57804157]

>>57803812
>And how did food and ammo help in the weimar republic and soviet union collapse?
Malnutrition was very common in both countries.

[Anonymous No.57804161]

>>57804103
>They wont, they will keep printing money
They can't. If they make inflation too high, nobody will buy their treasuries. They can't print money. They can only print more inflation, accelerating their collapse.

[Anonymous No.57804173]

>US debt is owed... to itself

[Anonymous No.57804179]

>>57803387
money is not real op, how can you say to a zoomer that playing vidyas like wow or blocklords, you can make more that them with their shitty jobs

[Anonymous No.57804182]

>>57803387
Gotta pump those assets and short the metals for the federal reserve notes to have that faith

[Anonymous No.57804192]

>>57804161
The amount of monopoly money doesnt matter.
What matters is relation between unit of work and unit of product.
If you get 100 dollars a month and rent is 40 dollars a month, its the same shit as you getting 1 million dollars a month and rent being 400k a month.
As long as it doesnt happen overnight and over the course of decades, the rotten system can go for a lot longer than people think.

[Anonymous No.57804215]

>>57804179
Money is real and has several properties. We all were tricked into thinking paper was money, they snuck it in after the IOU notes, eventually the IOU notes were changed to reserve notes... strange how there was almost zero inflation up until the federal reserve came about

[Anonymous No.57804223]

>>57804173
its owed to the federal reserve, which is a separate entity to the US itself.

[Anonymous No.57804236]

>>57804192

[Anonymous No.57804248]

>>57804223

[Anonymous No.57804260]

[Anonymous No.57804279]

The [redacted] fears the real money (it burns their skin due to the olygodynamic effect)

[Anonymous No.57804300]

>>57803628
>anything but silver (it burns his skin)

[Anonymous No.57804349]

>>57804192
>The amount of monopoly money doesnt matter.
It does. 80% of all dollars were printed in the last decade, and people feel it. It's visible in the US debt. You can't print more money to make the problem go away. It will only hasten the collapse.
>the rotten system can go for a lot longer than people think.
The more the government tries to intervene, the more they fuck it up.

[Anonymous No.57804357]

>>57804279
weird how the 3 jews you posted related to crypto have been jailed, found guilty of fraud and the last has had its project failed, turned into a ghostchain despite his "benchmarks"

[Anonymous No.57804362]

>>57804173
US debt is owed to US govt bond holders which is basically every bank and government on the planet not sanctioned by us. If it really were all owed to ourselves we could just cancel it, but it's not so Prisoner's dilemma dictates we will keep the scheme going until we're forced to let it collapse.

[Anonymous No.57804368]

>>57804357
almost as if...
the jew can't really deal with a trustless space

[Anonymous No.57804373]

>>57804300
In a digitized economy, silver can't be used for online transactions, so it has no worth.
In a collapse economy, silver won't be used for transactions when people need food or ammo, so it has no worth.

In either case, it's useless boomer rocks.

[Anonymous No.57804404]

>>57804103
Fed will be forced to raise interest rates if inflation is high. It’s their legal mandate. Do you forget what Volcker did in the 70s?

[Anonymous No.57804439]

the printing won't stop, can't stop.

[Anonymous No.57804472]

>>57803629
Your understanding of the monetary system is lacking. There is no escaping the debt it can never be fully paid off, the game is rigged there is more debt than money in existence.

[Anonymous No.57804481]

>>57803463
I think you mean geriatric Jews. People like Yellen -- who advocates reneging on Treasury debt to give it to her tribe members' military dictatorship in Ukraine -- are the people giving Judaism a bad name.

[Anonymous No.57804553]

>>57804215
>>57804373
See my earlier meme on properties of money

[Anonymous No.57804562]

>>57804481
>I think you mean geriatric Jews
Not everyone in congress is a jew. They might be ideologically captured, or blackmailed by mossad, but not all of them are jewish. They spend like drunken sailors because the more they spend, the more opportunities they have to line their pockets through graft.

[Anonymous No.57804578]

>>57804553
Your boomer meme can't address this.>>57804373

[Anonymous No.57804609]

>>57804578
>doesnt see where portability is the only gold medal of credit
Ngmi if you are this illiterate nigger jew

[Anonymous No.57804640]

>>57804609
I'll ask you a third time boomer faggot. How is your boomer rocks going to be used in online transactions? It's not. Who will take it if society collapses and people are bartering for actual things of worth? It's not.
In either case you concede by failing to address these questions that your boomer rocks are worthless.

[Anonymous No.57804673]

>>57804640
In the aspect of online transactions credit is used. Wealth portability is one of many properties of money; if credit clinging is the hill youre going to die on because youre a crypto fag that cant touch silver then that's on you; there are several other properties of money that silver falls under.
>but muh credits got 1 gold medal so theyre better than the silver that got several
Lmao even

[Anonymous No.57804691]

>>57804673
>boomer rocks won't be used for transactions
Q.E.D.

[Anonymous No.57804697]

>>57804640
>if society collapses and i create this convoluted situation where nobody would use silver coins...
Theyd end up using silver as soon as society went back to normal

[Anonymous No.57804732]

>>57804691
>nooo you cant use silver for transactions
Lmao it burns your skin

[Anonymous No.57804744]

>>57803387
Well, they have to pay high salaries to women that have 0 impact in society, and give gibs to niggers.

[Anonymous No.57804746]

>>57804697
It's not convaluted. You can't eat silver. You can't hunt deer with silver. You don't drink silver. It has no value.
>Theyd end up using silver as soon as society went back to normal
They'd go back to digital currencies because boomer rocks can't be used for online transactions.

[Anonymous No.57804747]

>noo you cant stack silver with bullets, only one and not silver!!!
Lmao the bergs itt

[Anonymous No.57804767]

>>57804732
Nobody pays with coins. They pay digitally online. They pay digitally with their card. Nobody uses your boomer rocks. Paper money was invented because boomer rocks are not good to transact in.

[Anonymous No.57804781]

>>57804747
5 has value. 1,2,3,4, and 6 don't.

[Anonymous No.57804793]

>>57803628
>>57803857
Are you like 12 or some shit? do your parents know you post here? That coin is from Obamas era, debated to be used to skirt congressional rules and "pay" some of its debt.

https://en.wikipedia.org/wiki/Trillion-dollar_coin

[Anonymous No.57804797]

>>57804793
>we can print money to pay off debt
Are a nigger fresh off the boat from Africa or something?

[Anonymous No.57804813]

>>57803387
Realistically, what happens when it becomes unsustainable and we are no longer able to keep up with interest payments on the debt?

[Anonymous No.57804822]

>>57804797
I'm not saying it was smart, but you clearly didn't know what that coin was. claiming it was a precious metal. which is factually incorrect.

[Anonymous No.57804826]

>>57803387
>>57803387
Pretty sure we will just create a 1 quadrillion dollar coin and call it a day

[Anonymous No.57804828]

Hahahaha jidf isnt sending their best. Paper money was created because of scarcity and making fake promises which were eventually turned into just faith promises, which get printed away.
Plenty of people accept silver coinage, you are in the minority of those who dont.

[Anonymous No.57804835]

>>57804813
$1,000,000,000 for a loaf of bread.

[Anonymous No.57804842]

>>57804822
It's a boomer rock. It does not have a value of $1 trillion dollars. Writing "$1 trillion" on a paper or on metal does not create value. It creates inflation. It does not solve inflation. You think you are clever like the 5 other people that responded with the same exact thing.

[Anonymous No.57804843]

>>57804781
How many bullets for a filet mignon?

[Anonymous No.57804878]

>>57804842
they say 80% of the success is found by 20% of the people who try. At first this seems discouraging, but running into anons like you give me hope.

[Anonymous No.57804881]

>>57804843
We're not in a barter economy yet. We still transact in fiat. You'd have to convert it to fiat first.

[Anonymous No.57804960]

>>57804881
Dumbass hahahahahah

[Anonymous No.57805498]

>>57803545
what to do though ? I don't have money to buy real estate.

[Anonymous No.57805517]

>>57803387
lmao we are so fucked. Inb4 anons telling me debt doesn't mean anything, only interest payments matter, bla bla bla... yeah I know the government can print money out of thin air and can technically keep this shit going forever, but do you know what happens when they do? Turbo inflation.

[Anonymous No.57805544]

>>57803387
>muhhhhhhh debt of 1 Trillion!1!!!!!!!1

This literally means nothing though. Look at the recent reports inflation is down, prices have returned to normal and the experts were right, we achieved a soft landing. Take it to >>>/pol/ if you want to be an alarmist right wing retard. I wish I could report you to the authorities though for trying to incite some bullshit in your post.

[Anonymous No.57805676]

>>57803387
any doomsday scenario for fiat is the holy grail of bullish for crypto

[Anonymous No.57805696]

>>57805517
>>57805544
pottery

[Anonymous No.57805714]

>>57804843
>>57804881
Sorry I don't have fillet mignon, I only have graphic design services. I don't want bullets either, I want cabbage.

[Anonymous No.57805799]

>>57803387
The Fed's March rate cuts will bring it under control.

[Anonymous No.57805833]

>>57805799
fuck you buy WCDONALDS

[Anonymous No.57806159]

>>57804300
Cope nigger nobody wants your shiny trinkets