/biz/ - Business & Finance

I don’t feel so good, /biz/.

>>57829046
mfw he sells it all and it dumps

HAHAHAAHAHAHAHAAHAH

SP500 300 TO ATHS AND SHITCOIN IS NOT EVEN 40K HAHAAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAAHHA

i'm 32

>>53271982
No you dumb ass.

The market envrioments in regards to the federal reserve.

Covid-19 happened which shut down the entire planet and global economy and in a desperate attempt to not allow the world economy to tumble into the great depression 2.0 the fed lowered interest rates, again, almost to negative levels and stimulate the economy and incentives investment in the economy. They also printed 6.7 trillion dollars of liquidity and use that to bail out companies like Carnival cruise liners. Pretty much absolutely worthless investments, Not to mention the stimulus checks which retarded consumer cattle went out and spent on shit like playstations, shoes, and hookers and blow and other retarded shit (or invested back into the market)

This caused prices to skyrocket over the course of 2 years to nearly 10% the median value of goods in the economy because that is how inflation fucking works. Also the massive debt bubble caused by people using credit on literally EVERYTHING. There's so many reasons why the economy was so over valued. The more people can buy the lower supply goes and higher the demand goes.Believe it or not giving people free money is not congruent to a healthy economy.

So now, the fed has to back peddle and reverse course and get people to stop fucking spending money on frivolous things and dry up liquidity in the market so that prices will lower which is what they are doing:

Again and I qoute Federal Chairman Jerome Powell:

“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time. But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.”

“The absence of direct political control over our decisions allows us to take these necessary measures without considering short-term political factors,”
Anyone who thinks we are going to see sustained green is a brainlet

>Mfw I make 23.50

Pick one crypto and its holders to go away forever. I'll start

link

I just wanna make it, bros... Why is it gotta be so hard?

I have a good idea for an app and would like to put it on the play store. Does anyone know how much money one can expect to make if one were to have ads in the app?

What's the next 5x frens?

What do rich people talk about with other rich people?