/biz/ - Business & Finance

>Most deflationary currency on planet Earth

Have you seen one of the major indicators the Fed uses to sense deflation?

Its called money velocity anon.

No matter how it is measured all they can hear is the sucking sound of a great deflationary black hole of epic proportions. Don't believe me?

https://fred.stlouisfed.org/series/M1V
https://fred.stlouisfed.org/series/M2V
https://fred.stlouisfed.org/series/MZMV

>>16603113
Actually there are only 1.79 trillion in physical existence. The rest is digital.

https://www.federalreserve.gov/faqs/currency_12773.htm

Get your facts straight.

That's only 232 per global citizen.

Long USD here.

Not to mention we are only 106 years into a 250 year long empire.

>>16570681
>insists on posting cryptocuck in smg
Otherwise I’d agree with you. But get some different reaction images.

>>16555168
>he thinks digital dollars are like real dollars

Total print count 1.79 trillion.

The only thing that matters.

The floating currency meme really infected your brain didn't it?

Don't worry boys those injections are all digital. We are still strong at 1.74 trillion.

>>16523577
Please explain your thesis and what you intend to imbly here.

You used imblication arrows, but I don’t know your meaning.

I hope the trade war and impeachment FUD last forever.

>>16490283
>The US dollar will collapse soon.
Not for 144 years. You got a long way OP.

>>16491137
>they changed their mind

Financial empires last 250 years.

The USD is only 106 years old (1913).

Hope you're ready for the upcoming changes in the system.

I got about 144 years left

1913 - 2163

See you then frens

I'm backed by one troy ounce of .999 fine silver. What are you backed by?

>>164345450

You do know that a global recession is millimeters away from arriving right?
You do know that crypto has never seen a recession before right?
You have looked at the USD index in the past 5 months haven't you?

>>16428400
>How many USD do you have

You only have USD if you have it in your hand.

>only 1.74 trillion in physical existence
>225 per global citizen

When they shut this game down you're going to wish you had the real thing.

>>16425105
Reality is reality. All these fairy tail wanna be replacement currencies are all still priced in fiat. 10 years and still failing to "monopoly money". In God We Trust.

>>16422715
Yes

>>16420898
>M1 velocity down
https://fred.stlouisfed.org/series/M1V

>M2 velocity way down
https://fred.stlouisfed.org/series/M2V

>MZM velocity way way down
https://fred.stlouisfed.org/series/MZMV

So much hoarding. So little time.

>>16420687
>they must have heard about hashrate being in a bubble

>>16414957
>thinks he's immune to global recessions
Come home anon

>>16413364
>1.74 trillion in physical existence
>225 for each of the worlds 7.7 billion
>rare
>Hyperdeflation incoming
>getting stronger by the day
>soon to be backed by precious metals

What are you going on about OP?

>>16404704
>he's never been through a global recession

>>16403882
It's all over folks. Hashrate collapse imminent.

https://bitinfocharts.com/comparison/hashrate-price-btc.html

>>16394265
>We will never see "hyper deflation".
You really have no idea just how strong this thing is going to get do you?