/biz/ - Business & Finance

>>28701659
>People were selling everything they had FOR gold
Rich kikes were. For the sole purpose of putting it all in a wagon and running across the border with it to sell at a loss.
>They were willing to pay 10x the value of gold to get their hands on some.
If you want to hold gold because you think Jeff Bezos is gonna show up on your doorstep offering you his entire fortune for it after General Secretary Biden announces he's going to nationalize Amazon, then good for you, but that's not the situation we're talking about.
>people will be bartering instantly FOR (not with) gold
Again, learn to read, because the context of that quote is that the gold being bartered FOR will later be used to barter WITH for supplies. STFU if youre not gonna even understand what we're talking about before making your abhorrent posts.

>>27781052
>meanwhile I just bought the dip and resold for a profit
Holy shit this thing is a cash cow and yall are just wasting the opportunity

>>22345605
Goddamn you are pretentious. I thought your posting looked familiar and then I realized you're the same guy that earlier this thread was too autistic to understand what 3 different anons were trying to tell you, and sperged out on them about how they didn't know how to speak English. The fact that someone disagrees with you drives you up the fucking wall, and because you're on the spectrum you cannot understand nuance and unexpected reasons for things in history.

Rome tolerated people making not only private coins and counterfeits (despite having laws on the books) precisely for the same reason that they ended up debasing their silver coinage into plated copper. Rome's economic heyday was under Augustus, who took a pretty laid back attitude to economics, allowing relative freedom of moving between trades and a overseeing grand building projects. The problem was that Rome's system was predicated on plunder, and as the years went buy the influx of foreign money, slaves, and goods taken by force declined. The fact that so much labor was done by slaves meant that the poor freeman was priced out of the labor market, and when the flow of foreign capital dried up, so did the ability of the cities to support their free poor. It was to try and fight this spiral that the Romans tolerated private mints 'increasing the money supply'. As this went on, it became illegal to leave the trade of your father, or to move from your province, and Imperial price controls were established. This naturally made things worse. Money stopped circulating in post Augustinian Rome because the plunder based economy dried up, but because no one had a use for money.

>>22039492
He's literally dumb enough to believe that basically SDRs or some mystery 'basket of foreign fiat' would be the standard, in the event of a USD collapse. The faggot doesn't seem to get that of all the fiat garbage, the USD is still the strongest one and will fall last. By the time you wanted to switch over to SDRs they would have to be backed by something real to get any kind of buy in, and at that point you may as well say fuck it and go LMU with accepted international PM coin standards.

>>21972880
>>21972719
I AIRDROP SILVER GIVEAWAYS TO FAVORED INDIVIDUALS SO THAT THEY MIGHT APPRECIATE THE VALUE OF SILVER AND ACCUMULATE MORE ON THEIR OWN

>>21287550
>mfw these fukken morons bought paper

>>21101931
I'm going to invent a new kind of captcha that involves carefully watching an hourglass empty for 45 seconds, just to filter out high time-preference retards like you.

>STOCK NO GO MOON IN 24HOURS
>IM RUINED
How many fucking times do you need to be told that miners are not a short term play, and do not follow spot movements closely?

>>20771327
It's the faggot that shits up every thread. Just FYI. He'll have 50 comments by the end of this thread, just watch.

I TOLD YOU
I FUCKING TOLD YOU ALL
THERE WILL BE NO DIP
WE WERE *IN* THE DIP
BUT IT'S ENDING NOW
PULL THE TRIGGER BEFORE IT'S TOO LATE

>>20712962
>Stocks
>Real estate
>PMs
>One of these things is not like the other, one of these things is not like the other, one of these things is not like the other, one of these things is propped by the Fed.

>>20656611
>deficits and money printing may become the standard tools of policymaking for decades
>may become
WHAT IS TODAY'S DATE?! NO THE YEAR! GREAT SCOTT I'VE OVERSHOT!

>>20607616
No shit, the 'shiny' attracted their eyes. But what kept them attracted was that the shiny miraculously never dimmed, because of the unique chemistry of those metals, making them unique amount anything else in the natural environment. Had There are 4 metals that have that property (and the other properties of good money). 2 of them they couldn't mine and refine sufficiently, and 2 of them naturally appeared in accessible deposits. I don't know why you can't get that there are multiple factors that go into being good money.

Be less of a faggot.

i really don't want to buy NDX at ATH
but i feel it is what i must do to make gains

bears are immediately slaughtered here

cash niggers get deflated

>>19593021
no, i even thought corona was a hoax which makes it even worse. idk i thought the shutdown would fuck up everything tho and that the recovery would take months and months in the stock market

>>16524055
life’s a scam

>>16311562
>I shouldn't have to explain myself to declare that I'm special and smart and right. If you understood a bunch of other material that isn't mine then you would just automatically understand that I'm correct!
Stop procrastinating on that assignment by shitposting, freshman.

>>15540482
>instead of going down 40%, i choose to go down 98%
>that'll show those dumb boomers

>>15200392
>the establishment wont trust the coin they themselves made for them

>>15107135
>2000+ dollarydoos a month for an appliance
How is it possible to be this financially illiterate?

>>14840656
Capital losses only offset capital gains tho...

>>14708232
Seriously though, I love my Switch - who in their right mind wouldn't fork over the extra $100 so you can hook it up to a TV and have access to the full library?

>>14574515
>bitcoin has value because its costs money to mine it

>>14321113
This. Someone asked in one of the weekend threads if cannabis is ever going to drop. Like damn, what have you been watching?

Has legalization even been mentioned for 2020? Seems like it’s becoke politically irrelevant again, as abortion and immigrants are ONCE AGAIN the main issues to get people to the voting booths.

>>14311986
>Americans are actually RETARDED from Religious Academia taught ONEism -upon an Earth of opposite poles, covered by Mama Hole and Papa Pole pulsating opposite sexes.
>Mama Hole and Papa Pole pulsating opposite sexes
>Mama Hole and Papa Pole pulsating
>Mama Hole and Papa Pole
I’m worried about you, SunnyD

This is my least favorite episode of Evangelion.

>>14317005
>deflation is good
the average /biz/let

>>13959466
>>13959483
The female equivalent of pants is a dress.