/biz/ - Business & Finance

>>19447400
"i fucking hate these boomer doomer posters. they are the worst part of biz.

you really think that tens of independent economists, traders, and autists dont have access to the same data you do? its like these people watched The Big Short and think that a secret bubble is growing that only they have the insight to predict.

we will literally keep growing with growth. trump will get reelected and we will continue. a democrat will come in 2024 and we'll crash a bit or crab. there, happy? no race war
no happening
no apocalypse
no ww3

literally grow up and get outside your compound "

Where are you now faggot?For fucks sake for real , for fucks sake if you fags knew how bad things are going to get you would be getting a second passport asap regardless of where you live and making sure you own one bitcoin , 32 eth and as much xmr as you can.

Shit's all fucked up.

Buy now cause we're never going below 0.004 again allah willing

>>19079186
This

>>19021591
Based

>>18991214
>lmao how did the industrial economy get away with this?

By outsourcing everything to china to hide the inflation as wages collapsed relative to gold.

https://wtfhappenedin1971.com

>>18991400
We have a winner here ,yes and now taxes are collapsing with no survivors.

It's almost like biblical stories about preparing for hard times had a meaning behind them , should there be a gold standard the economy could stop for a quarantine.

But with fiat it can't stop even for a month without total collapse due to lack of reserves and only progressive taxes backing it that are also related to economic growth.

They created a collapse loop the fucking retards.

>>18906785
Its really not hard to understand when you have either boomer rocks that the jews control and charge you a spot % on any transaction, or a shitcoin like fiat currencies that literally steal your purchasing power everytime they turn the BRRR machine on. Literally dont care if it halfs in value to fiat.

Fuck the kikes fuck the federal reserve and fuck low iq subhumans

>>18640403
100%

https://www.viewbase.com/inflation

USD inflation target is 2%(this year was 3% due to last year deflationary pressure).

But this year it will be way way way over the target so we will be 100% bellow all fiat currencies inflation.

STOP
is that the moment to bought BTC?

should i convert my IRA into bitcoin? this is a rare chance, is now a good time to withdraw it all since the stimulus bill allows for IRA withdrawal without penalties? i can easily convert IRA normiebux into BTC but if this halvening shit turns out to be a fake nothingburger i dont want to end up with $0 of chinkcoin

>>18409491
I understand the trading arbitrage game but you understand for most people its gambling right and produces no real world value?

I prefer diversified assets for myself in both virtual and the real world.

>>18350855
And it happened a cryptopcurrency is finally bellow fiat inflation.

>>18306777
Checked. Heres another jewery trick i learned where i pulled out half of the equity from my 401k before this crash. 401K loan. You take it from yourself and leave the boomer finance faggots holding your bags while it halfs in value. My portfolio is 33% fiat cash which will be burned up, 33% BTC, 33% remaining in my 401k/stocks. %1 guns physical pimping hoes. Get on my level nerd.

/r9k/ tourist here. Been quarantined at home and want to start /biz/. whats a safe amount to start with? What do?

>>18013252
>>/biz/thread/S15329753

>>18001488
Checked.

Guys u told me that BTC will go down
i wanted bought it

>>17989805
Yes it will be massive tough i would also hedge with monero, dash and ltc since their low inflation will surf the pump too.

>>17989821
https://fred.stlouisfed.org/series/BOGMBASE

https://www.politico.com/news/2020/03/17/coronavirus-1-trillion-emergency-stimulus-133821

https://deadline.com/2020/03/fed-cuts-rates-to-near-zero-launching-700-billion-quantitative-easing-program-1202883922/

>>17989852
Something will pass or they will guillotine democrats and republicans at the same time.

I don't think people understand how serious this shit is , we are talking about 2m people losing their jobs in burgerland in the next week.

2 fucking million people, at this rate you could have 20m+ in two months due to the massive deflationary effects.

Also the fact that other fiat is collapsing means the usd is extremly strong causing more deflation.
And oil going down adds to the unemployment and deflationary effect.

Something will have to be done.

Pray for the world and the usa for real , the fact that mnuchin spent his entire administration only worrying about regulations and aml laws mean entering the markets is harder than ever specially for the youth that can't always prove incomes due having multiple jobs.

And the old got rekt of their pensions the last month so their risk level will go to 0.

It's a serious problem.

>>17970323
>>17970346
>>17970370
>>17970373
>>17970441
>>17970558
>>17970683
>>/biz/thread/S15329753

>>17925466
Thank you captain obvious

>>17901422
Read this 3 carefully

https://fred.stlouisfed.org/series/BOGMBASE

https://www.politico.com/news/2020/03/17/coronavirus-1-trillion-emergency-stimulus-133821

https://deadline.com/2020/03/fed-cuts-rates-to-near-zero-launching-700-billion-quantitative-easing-program-1202883922/

Better start to believe in crypto citadels because they will be real soon.

>>17800248

>>17779632
Im of this opinion of this as well. Everything is falling even PMs. People will oversell because normies are stupid. Ive been waiting for this opportunity for my entire life. Now is my time and ill make my bet on BTC. If civilization survives this is what will be the first thing (perhaps gold as well) will rise from the ashes.

>>17482397
Well it's two days away of reaching 2016 levels when btc was worth 400 usd.