/biz/ - Business & Finance

>>57292665
>xmrdullard can only see what he sees and not that which he does not see
The only intrinsic value anything has is itself. 1 BTC = 1 BTC, 1 Au oz = 1 Au oz, 1 AAPL = 1 AAPL and so on. An ounce of Au buys a ton of wheat now, but if a meteor hits the earth and decimates wheat production will it still buy a ton of wheat? Of course not. Ergo, the value is extrinsic not intrinsic, gold derives it's value from demand for Store of Value, same as BTC, same as the SoV premium of an AAPL share.
>b-but equities hold le intrinsic value!
AAPL trades at 30 pe, 2/3rds of AAPL's value is from SoV demand. Extrinsic not intrinsic.

>>57264444
Wasted quads. Social spending acts as a supply side labor subsidy, reducing the market rate of wages, while the monetary expansion that pays for social spending pumps assets

>>57076374
>bureaucrats impeding economy are necessary for economy
Statist swerve

>>56096117
>number go up so economy more better!
Mental illness.

>>55688892
>muh broken window

>>55333766
>80% of businesses are net drains
>it would be bad if they went bankrupt

>>55061024
You're a dumb nigger faggot. Welfare suppresses the market rate of wages, while the brrrrrr that pays for those social services pumps assets which further reduce wage demands by convincing you retarded boomerniggers that you're getting rich off inflation while all that's happening is your income is falling in real terms. Welfare IS corporate welfare, that you can't realize this is what makes you a useful idiot.

>>54965986
>consumption is wealth

>>7770533
>>7770570
>>7770625

Y'all be excused