/biz/ - Business & Finance

>>52327611
like this?
>A moidore or moydore was historically a gold coin of Portuguese origin. While the coin shows a face value of 4,000 réis, its real value was 20% higher or 4,800 réis from 1688 to 1800.
>Gold coins were also issued in fractions or multiples of moidores, ranging from one-tenth of a moidore to five moidores.[1]
>Since the Portuguese empire (1415–1999) spread throughout a vast number of territories that are now part of 53 different sovereign states, moidores served as currency not only in those regions but also in other regions of the globe, including Western Europe and the West Indies.

As non American, let me get this straight. There is something I might be missing about stimulus checks: it’s just one/two time 1400 usd payments to EACH and EVERY burger? How exactly this is gonna help? The average rent is burgerstan is more than that, and I assume less than half of population doesn’t even need this check.
AND you’re doing it with reserve currency of the world finance? AND you’re injecting hundreds of billions into your own companies? AND now you’re removing the data for total supply of the said reserve currency?
Am I missing something, or is BTC going to 200k EOY?

>>22257344
Lmao you're a fucking retard.
The USD as a global reserve currency is what makes america the economical hegemon of our time. If the fed keeps brrrrring then other countries will realize they're getting the short end of the stick and dump it.
This means import price skyrocketting (especially problematic when the US doesn't manufacture dhit anymore), american financial markets collapsing and so many americans threw into abject poverty that you will have a bloody civil war. Guess what will happen to stocks when the Bay Area and New York will be on fire?

You're a clueless zoomer shitstain with no understanding of geopolitics.

>>19469148
All reserve currencies fail eventually, it’s just part of the ebb and flow of human history. Insofar as all value is consensus value and that we’re collectively not all that advanced psychologically, shiny metals have always had value. Think of an ounce of gold as the distillation of the effort required to find, extract and refine it. By no means am I saying go all in on pms or on any particular asset class, but it never hurts to be diversified. Full disclosure: I am not buying at today’s prices. Wait until shit settles down and dca in desu senpai

not much really, i dont think it could surpass spain in longevity