[ 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: 85 KB, 1391x494, econ.png [View same] [iqdb] [saucenao] [google]
9750021 No.9750021 [Reply] [Original]

Experts. Is this really the best economy in history?

>> No.9750355

if you're smart any economy is the best economy

>> No.9750374

>>9750021
yes, i for one am not tired of winning

>> No.9750380

>>9750355
Lol

>> No.9750472
File: 321 KB, 800x800, unlucky rabbit.jpg [View same] [iqdb] [saucenao] [google]
9750472

>>9750021
We just came out of a low inflation and low interest time period. This encouraged investing and purchase of real estate (along with cheap prices from the housing bubble burst).

Don't praise Trump yet. It takes 4-8 years at least to see any real change from the top down. This likely was Obama or even Bush.

These good things are changing. Inflation is going back up along with interest rate. A slow-down is coming. A slowdown that co-incides with Trump's election and will take full effect in 2-6 years.

We have seen better economies overall. Much stabler ones, too. Things have been getting less and less table in the USA since the 1970's with more frequent recessions and bigger bubbles.

>> No.9750564

>>9750021
not until fuckface life long gov leeches are exterminated. Record taxes being collected.

>> No.9750612

If Trump goes back to the Gold standard he will be remembered as the best person that has ever habited this planet.

>> No.9750641
File: 208 KB, 500x500, 1522429913852.jpg [View same] [iqdb] [saucenao] [google]
9750641

>America is becoming great again but your country inevitably descends into abyss

>> No.9750648

>this is what boomers actually believe

>> No.9750661

Rent Free.

>> No.9750674

>>9750612
There is no gold in Fort Knox. Screenshot it.

>> No.9750678

>>9750021
Depends, do you trust the word of a pathological liar?

>> No.9750847

>>9750612
Yeah, maybe if we ever get out the the 20 year Greater Depression that follows.

>> No.9750883
File: 678 KB, 1212x1361, 1510980368918.jpg [View same] [iqdb] [saucenao] [google]
9750883

>>9750021
No the best economy in history was the German National Socialist economy because Hitler took control of the printing press from the Jew so they couldn't practise their (((fractional reserve banking) scam, and this Germany skyrocketed with a monetary system which came with no inherently attached debt.

>> No.9750899

NO, even the 90s were a better economic time than now

>> No.9750908

You kids are really so young you don't remember life before 2008? You don't remember. You don't know. Good for you.

>> No.9750928

>>9750883
You gotta admire Hitler for some of the feats he pulled off

>> No.9750970

any time period is simultaneously the best, worst, and middle ground of anything. objectivism is a lie, everything is subjective, there is no such thing as truth because were only a multicelled 3rd dimensional organism that lives and dies before the universe even blinks

if you disagree youre just a liberal fake news

>> No.9751009

>>9750883
any more like this?

>> No.9751033

>>9750472
shut the fuck up cuck and get off Obama's dick. the way these basedboys cope with trumps presidency, lmao.

I am not tired of winning.

>> No.9751047

>>9750021
This is exactly what was being pushed in the media right before 08 hit

>> No.9751048

>>9751033
i bet you blamed obama for the housing crisis you doublenigger

>> No.9751094

Economy the way it’s modeled (top-down as opposed to agent-centric simulations) right now, has noothing to do with perceived happiness and optimism at ground-level. So don’t care about elite-level modeling (by central banks and its stooges) of the economy. Travelling Asia for a while. It has been an eye-opener how people can be happy at ground-level even by living in ‘shitholes’ (by western standard of hyperinflated living standard) and part of strong community amidst of not-so-strong economy.

>> No.9751114
File: 236 KB, 1680x1996, 1523073031789.png [View same] [iqdb] [saucenao] [google]
9751114

>>9751009

>> No.9751156

>>9750021
The best economy. The greatest economy ever. People tell me anon, this is a good economy, pretty good, the best. Believe me. *Waves hands*

>> No.9751158

>>9750021
why wont you die for israel goy

>> No.9751248

>>9751048
Blaming or praising the president for the macro or even micro economy is pretty neophyte in nature. There are so many other factors to consider other than the president and his staff.

>> No.9751262
File: 37 KB, 450x450, 38f.jpg [View same] [iqdb] [saucenao] [google]
9751262

Based trump unironically saved America
Commies and false flag retards will say otherwise

>> No.9751346

>>9750674
this Anon gets it. the only gold we have is held in Ft. Bogdanoff

>> No.9751358

>offer cheap credit with lowest interest rates ever
>corporations take advantage of this free money and buy their own stocks back from investors
>stock prices go up as a result
>wall street reaches all time highs

Best economy ever folks!

>> No.9751363
File: 185 KB, 549x413, ap,550x550,16x12,1,transparent,t.u1.png [View same] [iqdb] [saucenao] [google]
9751363

>>9750908
this desu

I feel similarly about the pre-9/11 era. There's a reason the 90's look so goofy and carefree in retrospect

>> No.9751409

>>9750355
tell that to my serbian software dev friend.
hes paid pennies but he easily shits on any 'normal' dev that I have worked with in London.

he literally cannot earn enough money to move out of his shithole country, and barely feeds his family.

when i can spare the money i will try to bail him out of there and help him get a visa somewhere else, somewhere that will pay him properly for his skills.

>any economy

>> No.9751491

>>9751358
>corporations take advantage of this free money and buy their own stocks back from investors
>stock prices go up as a result
Nigger, this is like crying cuz Satoshi came back and bought all our bags at ATH. Fucking kill yourself

>> No.9751531
File: 457 KB, 854x479, mikereaction.png [View same] [iqdb] [saucenao] [google]
9751531

>>9750472
>We have seen better economies overall. Much stabler ones, too. Things have been getting less and less table in the USA since the 1970's with more frequent recessions and bigger bubbles.

Ahh the 1970's, that great period of Oil Shocks & run away stagflation.

1947-1982 (Post-War through the Volcker Recession) had 8 Recessions, Averaged 4.6% Annual inflation (14.4% the highest year & -1.2% the lowest year).

1983-2018 had 3 Recessions, Averaged 2.8% Annual inflation (6.2% highest year, -0.4% lowest year)

Even accounting for the 2008 Recession being the largest since the Great Depression, the last 35 years have been more macroeconomically "stable" than the previous 35.

>>9750021

Unemployment levels are low, price levels are generally consistent, wage growth is okayish. Short run fundamentals are good. Medium to long run risks have substantially increased due to the constant on again/off again trade war, increased fiscal irresponsibility, and establishing a norm of using the bully pulpit to browbeat American corporations (image if President Warren or Sanders decides to continue this tradition). The current administration has also reintroduced increased financial market volatility due to increased policy uncertainty.

>> No.9751543

>>9751491
Yeah when I was a teenager I thought I knew everything too. Stock buybacks will be the subprime CDFs for your generation.

>> No.9751547
File: 42 KB, 1200x578, Nintendo-Entertainment-System-NES-Zapper-Gray-L.jpg [View same] [iqdb] [saucenao] [google]
9751547

>>9751363
The 90s was fun growing up. From the entertainment in film, tv, music, and art to the technology with the internet becoming a reality towards the end of it. It had its painful memories, but it was the last time the world felt okay before 9/11. The terrorism shit went haywire. It was the false flag that JFK said no to. We know what happened to him in Dallas. (Operation Northwoods was an attempt by the U.S to attack one of its own ships in the Caribbean and blame it on Cuba). Technology and the internet have been some of the best accessible assets available and cryptocurrency came in at a good time.

>> No.9751557

>>9751531
>bait.jpg

>> No.9751620

>>9750021
Just got 100k economy

>> No.9751631

>>9750021
Honestly we have no idea what we are doing.

>> No.9751661

>>9750641
Puerto rico?

>> No.9751667

>greatest economy in the HISTORY of America
Well, a lot of NEETs are unironically millionaires trading shitcoins, it might be
>best time EVER to look for a job
I mean, McDonalds't is always hiring

>> No.9751675

>>9751557

I'm mostly serious. Distribution & overall growth rate are what you should be complaining about if you want to make the 70's & before look better than the last 35 years. Don't complain about the frequency of recessions & stability during the time period made up of the Great Moderation & an anemic, but consistent economic recovery.

>> No.9751683

>>9751409
Tell him to work remotely then.. are you both fucking brainlets?

>> No.9751817
File: 33 KB, 680x680, 83c897f90bf4ad9e3cc85eeb3d9a0d6a[1].jpg [View same] [iqdb] [saucenao] [google]
9751817

>print a trillion dollars a year
>everyone buys shit as value of dollar crashes
>pres: economy is so strong!!!

>> No.9751903

>>9750883
Germany declared war first in WW1, I honestly stopped reading this /pol/ garbage after that.

>> No.9751948

>>9751409
I'll hire him. Seriously. Is he a web dev?

>> No.9751974

Look at the unemployment rate and the DOW today and compare it to 10 years ago.

That's your answer

>> No.9752218

>A price weighted financial index of 30 companies is one of his preferred macroeconomic indicators

>> No.9753008
File: 29 KB, 600x329, roundwindow.jpg [View same] [iqdb] [saucenao] [google]
9753008

>>9750970
STOP SMOKING WEED