/biz/ - Business & Finance

>>15329753
If you own at least 1 bitcoin you will be the new elite after the coming fourth turning.

Next year once btc has lower inflation than the usd , euro or gold it will become clear how bad things truly are in the fiat monetary system.

We all sense it , inflation is destroying everything , property bubbles have caused increased property taxes due to revaluations , milenials are out of the market and can't buy them , everyone is into income tax levels because the politicians gain nothing by upgrading them for inflation.

We are on the verge of a world changing event, entropy is increasing , the system can only survive by stealing energy from outside , and the taxes keep increasing non stop , the milenials have already fallen and won't become independant anytime soon.

Now boomers are starting to get raped by taxes and their retirement funds are buying bonds that give negative interest..

We have entered full clownworld.

>>15316644
This one is still taking blue pills every night before sleeping.

>>15292468
This guys get's it , if you look at us data before income tax was created(it was declared inconstitutional many times) , once it was created everything started to go to shit.

Progressive taxation does not benefit the poor while punishing the rich , it punish everyone and specially the poor ,specially since income tax levels are never upgraded for inflation.
Eventually everyone will be paying top levels and the politicians will have nothing to gain by upgrading those levels.

>>15282236
Here is the secret anon , since the fall of the gold standard things that have low inflation like houses (or now bitcoin) , have been a hedge against inflation.

Housing should be for having a family but they became an investment because they win value against inflation.
Bitcoin should be for transactions but became a hedge against inflation too.

Civilization already fell , we are living in the aftershocks of that event , crypto will break the housing bubble now , since milenials can't buy the houses the smart milenials with money will protect their wealth with cryptos and housing will lose value fast.

Quantitative easing starting again now will only make things accelerate more.

>>15204189
Based and keynsianponzipilled

>>15194443
>>15192760
This is all part of a global plan to restore feudalism.

When inflation keeps rising all plebs eventually will be cashless as the max limit is never upgraded.
Then negative interest will happen and you will be autotaxed of all your income if you don't spend it , this will create two classes , a ruling class that has capital and saves it by buying more actives and a pleb slave class forced to spend their income or lose it to negative interest rates.

Literally neofeudalism.

>>15139593
This

>>15030330
They screwed up worse than you can possible imagine.

>>14988490
>>14988262
No , the elites don't want this , this is the long term result of democracy fucking up non stop since 1970.
You can´t have democracy without a strong currency otherwise politicians promise free shit and they can't pay it so they pay it by printing money.

And printing money destroys the youth and pumps the boomers invested in housing.

Very soon the car and construction industry are about to be rekt , no young people will be buying cars anytime soon nor they will be buying houses.
As things are i will not be suprised if young people move to alternative lifestyles like living in the countryside freelancing , living in boats or cars or simply moving to third world countries and freelancing.

Things are about to get bad real soon , most economies are not even growing with 0% interest rates.
Even if they go full cashless and negative interest this thing will continue to slow down because it's a generational problem , no matter how much the economy grows young people are going full neoserfs most will not even be spending money to go out with friends as they reach 30 and realize they achieved nothing.

>>14936388
Buy bitcoin and wait for the correction.

The keynsian ponzi scheme is ending economies are barely growing with 0% interest.
The correction will come in the 2020s and cryptos will be central to this.

>>14887665
Based and Blackpilled

>>14862891
Woke , welfare states will end in a cashless neoserfdom.
The road to hell is built with good intentions.

>>14830422
Wise words , and you should learn about crypto , they are powerless to stop it , to delay it yes , but not to stop it.

Next year btc inflation will be bellow all fiat currencies and by 2030 99% will be mined meaning that price speculation will be reduced massively.

The 2020s will be the decade of crypto, the decade in which we will go full neofeudal cashless society or we will start to see the seperation of currency and state.

>>14808934
Fucking boomers i am seriously considering becoming an accelerationist and voting the fucking left.

The fucking retards keep creating regulations that the left will use to hang them all.
I am so tired of their retardation.

>>14159338
This and 100% unironically , literally every project in any western country since 1970 is overbudget and delayed and in some cases cancelled when they are 70% finished due to overbudgets.
People don´t realize how bad things truly are we are living on borrowed time and as entropy rises and the system loses it´s energy created in the previous century we are in for a shitstorm.

>Most destructive is all the maladjustment it produces: there would be no 'migrant crisis', since there would be no pensioner / boomer retirement shortfall. The pennies they saved from their summer job in 1963 would still be appreciating in value.

100% correct and it´s even worse when you take into account that the inflation is also being hidden with new taxes to reduce the deficit but always increasing non stop.
Once the boomers retire the greatest shitstorm in the western history will begin , it will make the late stage roman empire seem like a slow collapse compared to what´s coming.

Crypto is the last chance for the west and i am being 100% unironically on this.
It´s the only way that western democracies will be forced to do the needed reforms in time and still keep a private sector alive.

>>13529627

>>13164874
Housing price went so high that the average wagie needs decades if not centuries of savign to own a house.
Society became a ponzi scheme , let´s assume that you somehow make it , own a house and marry and have kids.
Then number 1 cause of divorce is "boredom" so you divorce , lost that house and become a literal serfs that needs to pay monthly wages to your ex wife.

It´s really not worth the trouble , before quantitative easing at least a house was buyable making the risk not so high.

Now if you want to make it you have one chance , people don´t want to risk that chance.
Also everything cost a shit ton due to indirect taxes , going to a short vacation means lossing the only chance to saving money for the average wagecuck and most women can´t delay short term grattification meaning that if you save and think long term your relations are going to be shit.

It´s going to become worse sadly , worse and worse and worse until the whole thing collides in a domino effect in the boomer pensionapocalypse.

>>13130502
Keynes was the most sucesfull ponzi scamer in history he lied the entire western civilization into a ponzi scheme the fucking faggot.

And worse he gave the political class an excuse to grow their power non stop and the intelectual class a shilling manual so they are good cucks for the political class.

Every problem of the western world comes from fucking Keynes.

>>13098203
I am starting to think that will be the case , the fact that interest rates are at near 0 and a crisis is aproaching means they are going to go for the cashless society.

Problem is that no country will allow digital dollar circulating.
People buy the usd to protect themselves of worse fiat devaluation.

What happens to the petrodolar reserve currency when the us goes full cashless and the rest of the world can´t longer buy those usd because local regulations ban foreign currencies?

The boomerapocalypse happens.

>>13054835
mutt here. it's not looking good. what's happening to us is similar to the USSR. our media is all propaganda. The white race is quite literally being replaced here as well. All you see is ooga boogas walking around. We've become essentially a 2 class society now. Your either rich and live in some gated community or your poor and live in the ghetto or with boomer parents at which point they die and leave all their assets to the church or israel and then you end up in the ghetto or homeless. everyone here is so concerned about gun rights too. only problem is the war that's being waged against us here isn't fought with guns. it's an economic war of sorts.

>>12923344
things aren't getting more expensive. you are just getting poorer.

>>12910511
>he doesn't know what's happened

>>12829085
>>12829092
To anyone reading. Notice how both of these posts fail to explain why the economy is not a zero sum game. but instead just hurl insults. "your stupid" "your lazy" same old tired arguments over and over and over again.

the US government is in complete disarray and they don't know how to handle the solution. they only thing they can do is double-down and lie to people about how great things are.

this explains the shills you see in these threads saying "everything is fine, you're just stupid". and yes, paid shills are a real thing.