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16162309 No.16162309 [Reply] [Original]

The Cantillon-Effekt
Holy shit it exactly describes our economy
we are fucked.

>> No.16162317

>>16162309
Elaborate

>> No.16162336

>>16162317
those closest to the money printer benefit greatest

>> No.16162344

Nothing that is happening is new. Just unprecedented in scale

>> No.16162456

>>16162309
Well, that’s common sense. Except the banks and the governments pretend it doesn’t exist

>> No.16162526

>>16162309
Based Mississippi bubble

>> No.16163044

Best course of action? What was good for people during a time there was no crypto?

>> No.16163725
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16163725

>>16163044
Gold and other hard assets
Crypto is currently the best hard asset out there because it is so undervalued by the current elite.
I give this clownshow another year max. Never seen so many signs that we are close to the end.

>> No.16163771

>>16163725
This. There's no way they can keep this bullshit act going for much longer. Everyone I interact with lately is constantly stressed about everything, people dropping out of society at a rapid pace, only already wealthy people can afford to live comfortably. I'm about to just say fuck it and get on welfare desu. You can unironically get further by playing/milking the system for gibs than you can working 40+ hours a week.

>> No.16164499

>>16162317
>>16162309
the fed prints money and the banks profit from that money because they are able to invest before prices inflate.
It's like during hyper inflation when you are paid on friday but your friend is paid on Thursday. You'll pay 10% higher prices at the grocery store.
Your "friend" is the bank, in this example, and the groceries are investments or whatever.