/biz/ - Business & Finance

>>16245208
inflation is in assets because that's what they're buying

if it was yang bucks bottom up style we'd get it more in consumer goods (there's already shrinkflation but not as much as you'd expect with this volume).

The time is coming though when the kikies dump

>>16245208
The reason it isn't affecting the currency markets is precisely because it IS affecting the STOCK market. and real estate and other assets too but the reason for this is because the money is given to banks who then promptly dump it in assets, risky or not.

>>16245228
That's not how consumer good works because asset creation is dependent on sales. I can't imagine being as stupid as you and attempting to talk with authority. Makes sense that you are a racist too.

>>16245228
Okay, and if they just continue to hoard currency and artificially restrict supply..?

>>16245300
>Makes sense that you are a racist too.

>>16245300
Well thank god you left your Golden Palace for 30 minutes to bless us vermin with your divine presence

close one

>>16245300
Ah, the "proper-thinking" big brain, lets hear your perspective on how billions of dollars being printed everyday isn't affecting causing inflation; genuinely interested in alternative perspectives.

>>16245208
>I JUST HAVE ONE QUESTION FOR ALL YOU BIG BRAINS OUT THERE:

It does , look when the usd monetary base peaked

https://fred.stlouisfed.org/series/BOGMBASE

The same week btc peaked , the fact that PMs did not moved for 10 years of QE shows they are controlled 100% , they can't control crypto which is why now it's under attack by faggots like craig that want to let it have things like cp there so it can be shut down.

>>16245321
Inflation is good.

2% annual inflation is the ideal contrast between incentivizing people to invest & make short-term purchases, and not destroying the currency.

Without a 2% inflation rate, people don't feel motivated to spend their money or invest it. If money becomes more valuable and deflates in value, then people stop making purchases when they could just hold onto it and wait for it to be more worthwhile later. This means less people working, no need to invest, and a crashing economy.

>>16245308
fucking keked

the powers that be print money to buy everything

>>16245337
>crypto can be shut down
but that's just not true, smear campaigns have been going on for a DECADE STRAIGHT, and everything (legitimate) in crypto continues to grow stronger and more secure with time.

>>16245450
>but that's just not true, smear campaigns
no that's actually true my mane

>>16245354
I understand why inflation is a good thing, at certain levels, I just can't grasp how the printing of billions dollars isn't affecting inflation, as it is happening - even if the billions being printed is used to buy up assets someone is badholding the currency, and there is exponentially more of it every single day..

>>16245208
inflation has occurred in assets like stocks and real estate.

>>16245450
Yea smear campaign and now they have a btc fork that allows people to upload shit in it , eventually it's going to become a cp distribution system and the media will start to say bitcoin shares cp shut it down.

It's so fucking obvious that it's disgusting.

>>16245481
Lots of people are saying this, and I get that asset value is inflating, but look at >>16245476

>>16245476
>exponentially more of it every single day
learn what the word exponential means, there are no exponents here

The rate at which new currency is introduced to the market only affects it at a rate of 2% annually. There are beyond trillions of dollars in circulation, so it does look like alot. But the rate at which this is introduced into the marketplace for buyers is very slow. It's mostly done through bank loans.

>>16245510
I see.. I think I'm starting to get a handle on how this works now, or at least how this isn't instantly crashing the currency markets, appreciate your input, thanks.

>>16245488
>computers let you put stuff on them that is illegal
>computers will all be SHUT DOWN
no

>>16245354
>spending is good because its good

go back to rddit with your broken window fallacy

>>16245561
Fuck are you talking about with this broken window shit. doesn't apply

Without spending, there's no economy. Without substantial annual inflation, there's no incentive to make earnings through investments or spend in the short-term as opposed to the long-term. Fuck's fallacious about this BASIC Keynsian concept.

>>16245208
It doesn't reach most of us the way it's set up now. The FED has also been unwinding close to a trillion in T-bonds. Selling those onto the market pulls Dollars out.
In 2008 the FED started to pay interest on excess reserves for all the big banks. That pulled $1 trillion out of the market by some estimates. This will come back plus the interest.
You wouldn't notice billions when the US forces most countries to use $ to trade oil. We want our currency stronger than most. It has benefits and negatives but inflation robs the savers, lenders and the rich most. If you want to tax the rich lower rates to negative. Look at Europe

>>16245561

"The parable of the broken window was introduced by French economist Frédéric Bastiat in his 1850 essay "Ce qu'on voit et ce qu'on ne voit pas" to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society."

I can think of one major reason why the destruction and money spent to recover CAN be an invaluable benefit to ALL of society (not necessarily though):

>It forces people to adapt and change and evolve, usually intervenes more capable of dealing with the current environment.

Am I wrong?

>>16245634
>there's no incentive to make earnings through investments or spend in the short-term
Brainwashed by central bankers. This is silly and everyone knows that humans won't hoard BTC instead of eating or buying a house.

We need to control everyones spending not encourage more debt. Look around and how can you act like humans won't spend?

>>16245354
yes because before central banks everyone sat around doing nothing and hoarded wealth

this is your brain on keynesian """"economics""""

>>16245700
Wouldn't that mean that there is a force in the market that causes average wages to sit around basic needs level? People won't be earning much more than they need, while other times they'll be earning less than what they need (to get buy comfortably).

>>16245208
Money goes into bank lending system to support the stock market.

>>16245737
>there is a force in the market that causes average wages to sit around basic needs level?
A lot of forces factor into wages. Good luck measuring and modeling them all. Market always wants to find it's level but we've propped up certain industries and classes that they become addicted to the tax breaks, legal monopolies, buybacks, bonuses, plus the govt subsidy.

We take rates negative, QE all the time, fractional reserve banking, and let Wall street run crazy with derivatives. We have a pretty unhealthy system but band aids keep propping it up.

A mcchicken used to be 1$ now its 1.50$.

>>16245354
Kys retard

>>16245208
simple answer:
the economy is growing fast enough to support it

>>16245510
a 2% increase in the money supply every year would be an exponential increase in the money supply. KYS YOU FUCKING RETARD

The real answer that no one will fucking say is that it's all a shitload of satanic jew lies backed by nothing but their magic, nopotism, hatred of others and willingness to do anything to stay in power.

Capitalism itself and the current keynesian econ model are flawed.

>>16247239
This.

>>16247224
Also, this. Inflation is exponential. 2% of 2% year over year growth lol... cant believe people are actually this fkn stupid these days.

>>16247239
Magic isn't real and the god of the Bible almost certainly doesn't exist; don't buy into sand-nigger tier dogma.

>>16245634

>Without spending, there's no economy
1. there is always an economy retard.

> Without substantial annual inflation, there's no incentive to make earnings through investments or spend in the short-term as opposed to the long-term

You prefer a currency that doesn't loses value so you can work more? Retard

>Fuck's fallacious about this BASIC Keynsian concept

(((KEYNSIAN)))

In conclusion, KYS retard

>>16247271
golly, you sure showed him with your autistic rage

>>16247305
shut up jew nigger

>>16245651
Inflation only negatively affects the rich if they're literal retards that sit on piles of cash Scrooge McDuck style. Most rich folks stay rich because they don't do that--they use that free cash to gobble up the majority of the world's productive assets, which is why equities and property are so fucking expensive, and everthing is turning into a bubble. Then they cash out and devalue the currency to keep your wagecuck ass in bondage.

>>16247305
based

>>16247320
>>16247271
I'd like to see if you have argumentative, evidence-based reasons for dismissing Keynesian economics.. forgive my ignorance not this is common knowledge, please educate me on this topic.

>>16245228
fpbp
There is inflation in stocks and real-estate, there isn't (significant) inflation in consumer goods because the money injections are not reaching your wallet

>>16247350
>Then they cash out and devalue the currency
This sounds counterproductive to those who would cash out.. why would they want a devalue the commodity they are trying to acquire at the same time?

>>16245659
You cannot know the lost benefit of the forgone conclusions. That money that the government stole from your pocket to pay Shaniqua's EBT card could have been the capital you used to discover fusion power. We will never know.

>>16247382
Okay, good point.

>>16245300
>Makes sense you are a racist too.

>>16245208
It's just numbers on a screen op

>>16247350
yep
>>16247382
>That money that the government stole from your pocket to pay Shaniqua's EBT card could have been the capital you used to discover fusion power. We will never know.
You weren't going to do that shit and the EBT you're worried about isn't worth my time.

The money is all fake, run it up like the japs and have Bernie take us to a debt jubilee. It's going to happen in my life. Watch BTC boom when it does
>>16247370
The currency losing value increases the value of commodities

>>16247352

I never dismissed Keynesian economics. It just leads to terrible outcomes. Look at the world today dude, the rich control everything and there has never been bigger wealth inequality. Everybody is broke (has no savings) and the current generation cant afford a car much less a house, much less a family. Everybody is in debt with no savings (for the most part). Why is that? It's because (at least in part...Keynesian) the idea that the currency should lose 2% of its value every year, which hurts people who hold USD (lower/middle class people) and dramatically benefits people who own assets like stocks and real estate (rich people). If that isn't bad enough, it forces poorer people to buy the bags of the rich (stocks and real estate) in order for their savings to not lose value, compounding the wealth inequality. On top of that, this wealth inequality is 10X worse in foreign countries. On top of that, a small rootless international clique of people in the FED get to control when the money is issued (manipulating markets) and who gets to keep it (well-connected rich people). If instead we had a gold standard (Austrian Economics) we would not be subject to this pernicious disease you call Keynesianism

>>16247352
>calling something based when you don't understand whats being discussed

>>16247689
based
>I'm slowly learning, I think..
One question though, is why do you a tribute the horrible state of the world and wealth inequality and all of the other terrible horrible things about the world today that you've listed... Why do you blame those things on Keynesian economics? Wouldn't poor decision making and the failure to innovate be the driving factor that causes the """lower-class""" to fall behind over time?

Or are we able to directly attribute the state of the world (only the bad parts too, right?) with Keynesian economics?

If Keynesian economics is responsible for the state of the world, isn't it also responsible for all the great and amazing things that we have today??

>>16245228
Not true. Same shit here it's just delayed. It's trickle down inflation.

>>16247853
>Wouldn't poor decision making and the failure to innovate be the driving factor that causes the """lower-class""" to fall behind over time?
The system is designed to benefit spenders, not savers. People like Trump default on loans and other businesses don't just get a check to pay their construction workers.

Bezo's gets tax breaks and no sales tax, that hurt local mom and pop shops and gave Amazon an advantage they never needed.

Man with the best lawyers or lobbyists wins in america. That's the issue we have here.

>>16245300
Are you lost?

>>16245354
>if we don't mindlessly consume and expand the money supply we all die

>>16247689
I don’t understand the obsession with the gold standard, every explanation of how it would work in a modern context seems even more fantastical than neolibs proclaiming that debt doesn’t matter

>>16247853
>why do you a tribute (attribute*) the horrible state of the world and wealth inequality and all of the other terrible horrible things about the world today that you've listed

I only discussed the economic state of the world because the question was about economics.

> Wouldn't poor decision making and the failure to innovate be the driving factor that causes the """lower-class""" to fall behind over time?

No because thanks to Keynesian economics there is more debt than can ever be paid back. (which is another reason this economic system is horrible) SO even if everybody became extremely frugal / responsible, it would just be passed on and grow.

>"""lower-class"""
what?

>Or are we able to directly attribute the state of the world (only the bad parts too, right?) with Keynesian economics?
I discussed economics only, as per the question

>If Keynesian economics is responsible for the state of the world, isn't it also responsible for all the great and amazing things that we have today??
there are some good things we have today, but we would have had them either way I think. Technological development isn't necessarily tied to economic development.

>>16247924
great points, but also this too

>>16248027
> No because thanks to Keynesian economics there is more debt than can ever be paid back. (which is another reason this economic system is horrible) SO even if everybody became extremely frugal / responsible, it would just be passed on and grow.

>>16247924
Okay.

Is keynesian economics responsible for all the good and wonderful things in the world today, or just all the terrible things?

If the answer is both, do we have good reason to believe that Austrian economics is a better system for everyone?

>>16248027
Ignore my previous post, this pretty much explains everything, thanks for your insight I really appreciate it .

>>16248052
Use the economic model to evaluate the economy, NOT the world!

>>16245208

Good question! Anon, there really is no inflation any more... what is happening in the western world is a type of take our money, invest it for free please now thing

>>16245510
>mostly done through bank loans.
It's basically entirely bank loans and 2% may not seem like a lot but you're back to serfdom within 100 years. That isn't even including all the new taxes since the fed was created, but mostly when it was created it introduced fucking income tax.

I'm so sick of this kiked up system.

>>16248073
no problem, happy to help

>>16248018
hurr durr I can't imagine a world where our money doesnt get debased like crazy, what would happen? oh no we're all gunna die. go lick your professors ass more then KYS

inflation is therefore no longer given... just money get worth less and les ad less, which is not the same as inflation

>>16245634
>, there's no incentive to make earnings through investments
Yes there is. Just because the money supply is stable doesn't mean people don't want to get rich.

>>16245354
Inflation isn't good or bad -- it just is. That being said, I'd argue that uncontrolled inflation is extremely unhealthy and why the gold standard struggled in times before we moved to gold backed currency

Now what happens to crypto if another 2009-tier recession happens?

in the end, if you have big amounts of cash, it is bad for you. And that is why they do it i think. They hate the idea of anything not taxed, not recorded, not being somehow taxable

>>16247147
This is actually outrageous. Not even memeing.

>>16247196
>look we printed off wealth

CSW is actually fucking right when he says money is not wealth.

>>16248116
>>16245634
What we seem to have here is people that think they know what they're talking about because they regurgitated their economics professor for 4 years, without realizing that what they were being tought, was a lie.

>>16248141
We'll see

>>16247271
Based

>>16248103
truly demonstrative of the minds behind the modern gold standard, thanks I guess

>>16247352
Keynesian economics is central planning. It's garbage and it doesn't work.

>>16248170
well of course not, usd represents liquidity not wealth, the more usd you have the more you can control. for lower classes usd is simply life support, they are useful to the wealthy as a means of transferring liquidity, not because their labor is inherently valuable

ok. in the end half of my income goes to via tax to the government. Thanks. And here is people in my county thinking oh how nice the rich people live off of renting out shit.... id is not even a meagre income in fact if you had nothing else

>>16248018
The modern world has Bitcoin. It's literally what it was designed to facilitate. Secure, sound, digital cash.

>>16248141
They will actively start regulating and tracking the shit out of it.
BTC is mostly infected with this already. Better stock up on anon-coins like Monero. At least they can't blacklist your wallet with these.

>>16248265
maybe, I agree that crypto could be a viable transition, I don’t know if BTC is the one but the idea is there at least

>>16245228
This. Anyone who disagrees is a low iq kike nigger faggot

>>16248052
>If the answer is both, do we have good reason to believe that Austrian economics is a better system for everyone?

Yes, the whole point of it is to make a fair game that incentives the most productive and creative to grow the most. Instead we have central planners picking winners in the market.

>>16245308
lol

>>16248276
Of course not BTC is a shitcoin usurper. It can't do any of those things for a small business, let along a whole fucking economy. BSV on the other hand will.

>>16245208
because those dollars aren't being spent on consumer goods and services, they're being spent on securities, commodities, and other assets

Do any of even economically understand why there in fact is no more inflation?

>>16245488
I think that if creg fucks up the market to a certain point he will eventually be hunted for fucking with the bread and butter of the new crypto aristocracy.

Imagine him being found hanged in a closet due to "autoasphyxiation"

Seems plausible to me

>>16248348
well its hashrate kinda sucks

>>16245300

ok u don't, ok, no problem. But in fact this something that makes the poor poorer and the rich poorer as well. It harms us all.

>>16248376
Sure fucking does. Good thing hash is dynamic and markets change.

>>16248149
>>16248255
>>16248369
>>16248439

Every single comment you typed so far, makes no sense. you need to go back

>>16245308
>>16248395
absolute lol

>>16248482

Yes, I want to go back too.. but back is gone. douoblechan gone . So we will take u nefag retards and make u suffer at my daily pleasure. You fine with that?

>>16248370
This. He's in the same boat as Sergey. Too many people are counting on them not fucking up to make it or they gon be ded

All of you need to go here instead
>>16226947
>>16227171
>>16227197
>>16227270
>>16227511
>>16228569
>>16240591
>>16242084
>>16248228
>>16248325

>>16248482

He did outstanding work. Excellent really.
Go give me (you) :*

>>16248482

Oh well then, you think he was wrong on any of his points? Please elaborate faggot

>>16245354
Cantillon effect means this is a ponzi scheme

>>16245295
Is now a good time to borrow as much as possible to buy a shitload of real estate?

>>16248018
>the obsession with the gold standard
It keeps your currency stronger, unless you're on top of gold mines, then a gold standard is a competitive edge when others aren't doing it.

It keeps spending in check more because you have to get the gold to pay your debt, or even print the $

>>16248052
>answer is both
You can corrupt any system. All of the systems could be ran into the ground. All of them could be ran well enough, I'm sure.

I think the answer to a lot of our problems is more competition for banks.

>>16248141
Dips and then pumps, lead by BTC who benefits most when fear or greed are at ATH.

>>16248271
>anon-coins like Monero
these might get the most regulations
I hold XMR but it's security and inflation aren't what BTC offers.

>>16248287
>Instead we have central planners picking winners in the market.
this should scare more of us
>>16248348
>BSV on the other hand will.
shut up, no one will use BSV for real world shit
>>16248369
CPI? Price inflation isn't always equal with supply inflation. Money gets created but the FED encouraged banks to keep it out of the market by paying them interest. FED is also selling assets, until August.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

>>16245228
>kikies
Wow fucking antisemitism much? Get a grip dude.

>>16245308
k 3 k

>>16245208
>oh fukc they're starting to ask questions

>>16245354
>inflation is good

Absolute kys. In no reality has any amount of inflation ever worked out for the average worker.

>>16245305
>Okay, and if they just continue to hoard currency and artificially restrict supply..?
You already see the effect. It's a liquidity trap. The reserve bank doesn't have any more influence.

>>16248750
>re: gold standard
I mean these are hypotheticals at best, I’m more interested in knowing how someone would realistically plan to implement a gold standard in this debt-ridden, digitized global economy

>>16245354
Oy vey

>>16245208
Prices for everything are skyrocketing in case you havent noticed

BUY BITCOIN YOU FUCKING IDIOTS. DO YOU THINK $1,000,000 BITCOIN IS A MEME? WHY DO YOU THINK THE CURRENT EVENTS HAVE BEEN UNFOLDING AS SO? FED REPO IS COVERING THE 1% AS THEY SELL OF THEIR STOCK AND AQUIRE THE FUTURE RESERVE CURRENCY! WHEN FED STOPS THE PRINTING IT IS OFF TO THE RACES AND PURCHASING BITCOIN THEN WILL BE NEAR IMPOSSIBLE. THEY WILL FRONT RUN THE NEXT TWO HALVININGS. BTC WILL BE USED TO BAIL OUT PENSIONS, UNFUNDED LIABILITIES AND THE DERITIVES MARKET. $1ML PER BTC IS A CONSERVATIVE ESTIMATE- ITS THE PERFECT FINANCIAL INSTRUMENT- THIS HAS BEEN PLANNED.

>>16248878
>buy my bags

>>16248878

I have no more fun money faggot BTC are expensive. Have it pushed by the next Anon... XD

>>16248878
cant afford a $8,800 dollar item right now anon. ive been buying these BATs, if they go up in value i could afford btc.

>>16248878
BTC is a shitcoin.

>>16248878
my cock is unbelievabley erect I think I’m gonna pass out.

>>16248813
>I’m more interested in knowing how someone would realistically plan to implement a gold standard in this debt-ridden
It would require custody and bookkeeping or you could just set the gold to an easy peg for you to fill.
>>16248898
No one here has heavy bags after BTC was at $3k this year.
>>16248924
Hopefully it doesn't happen after BTC moons like it usually does
>>16248905
do you guys read charts? It's all about price per unit for you guys? Just buy XRP or BSV then

>>16248953
Yeah, your coin from a guys garage is better.

We don't care about opinions and gut feelings. BTC is pumped by monetary policy of central bankers and no other crypto can be as scarce as BTC is. BTC's low inflation, history of uptime, history with billions trusted on chain, BTC's creator and decentralization and human greed make it better than any crypto that ripped it off, they all did

>>16248996
>It would require custody and bookkeeping or you could just set the gold to an easy peg for you to fill.

are you serious? do you not consider the logistical requirements and the social consequences of abruptly switching to a gold standard? how would you mitigate the enormous social and economic disruption?

>>16247689
The rich are still going to remain rich wether it’s gold standard or keynesianism. There’s a reason they are rich in the first place probably because they are either above average intelligence, great investors/savers or just got lucky. Either way poor people will remain poor and rich people will stay rich under gold standard
>totally agree though keynesianism = trash

>>16247147
And Campbell’s soup is now an unaffordable luxury in Canada.

>>16245354
Fucking retard.

>>16249041
I'm not saying we should go to a gold standard. Just that it could be done. Nixon took the US off in 1973, They managed to do it until then. I'm interested in the economic shockwaves we would see

>>16245476
It’s the cantillion effect. The money is going to the rich and they are buying stocks. It’s clearly not “trickling down” and effecting consumer economy. It’s a pretty good trick. The plebs stay broke but the people close to the money printers shove it all into stocks so the market “looks” like it’s doing well when average joe is getting more and more fucked. This is only making it worse and increasing the scale of the impeding “correction”(crash)

>>16245634
>BASIC Keynsian concep
Well I see your problem right there. Kys

>>16245208
>all caps
>desperate for a catastrophe
Kekkies at bears all day every day

>>16247270
Are you actually saying sigils aren’t effective and people don’t respond to symbolic advertising?

>>16248730
Lmao

>>16249163
>sigils
please go on

>>16249071

He doesn't realize that inflation as such really no longer exists. A bit of research and understanding wouldn't harm.

>>16245354
what's wrong with 2% deflation? wouldnt that be just as balanced?

>>16249225
they argue humans won't want to spend or invest anymore and we will all starve, it's a scammers argument

>>16249247
you could argue the same with 2% inflation. humans wont be able to save so they wont be able to create anything

>>16245208
Its digital nothing, not printed, digitally

>>16249273
yep, maybe the best system rotates to try and balance market forces

It's not talked about much besides the system we use

>>16248114
Money devaluation is an EFFECT of inflation.

>>16249225
Deflationary spiral is very difficult to get out of, central banking system is much more used to dealing with inflation (and stopping it before it goes full Venezuela)

Japan’s experiment with fighting deflation through negative rates will be interesting to watch.

>>16245354
claspinghands.jpg

>>16245510
>learn what the word exponential means, there are no exponents here

these are the brainlets you post with on /biz/

>>16249296

Yes. But the is exactly the point. Your money is worth less every second you keep it on your bank account, while the banks almost BEG you to borrow money.... insanity, I will wait that out. Because it can't go like that forever.

>>16249225
>>16249247
it’s elementary that decreasing the money supply will cause the economy to contract
>>16249273
by that same token, the uber-wealthy have no reason to stockpile cash unless they believe the economy is going to shrink. They are the ones driving the economy and they don’t care about inflation. Meanwhile it doesn’t matter to them if the buying power for the majority of people goes to zero, this creates and underclass permanently dependent on the state to survive

>>16245510
>learn what exponential means
Are you pretending to be retarded? Let's project 2% inflation over 1000B for 100 years. Pic related. In case you did not see it, I presented you the same function but over 1000 years. That is quite the obvious J curve.
>hahahaha look at that logarithmic function

In case you also want to pretend that you know basic algebra: f(x)=1000(1.02)^x

>>16247224
He's got to be a paid shill. No one can be this fucking stupid.

>>16245208
The true elite control the printer. Simply as that. They control it to crash the economy with: low interest rates and low inflation rates --- disregard savings, invest in everything --- investments dont have customers as there is no savings -- bad investments destroy the economy. The only way to prevent the cycle from happening is printing more money to make economic agents go deep in debt even to consume. And the cycle repeats itself and they prevent it again and again until the curtain falls

>>16249173
Fucking meme magic. Sigils may be a stretch for you but people respond to symbols and archetypes whether they know it or not.

>>16249326
Oh ya. It’s fucking mental, and it can’t keep happening. I have no idea what the failure will look like tho.

>>16249324
lolllll

>>16249392

When I was a kid, the bank, any and every bank bank gave you about 6-7% on a savings account... even to kids with like 10 dollars. I kid u not

Do you realize, 6 -7 percent... for just saving your money.... we can only dream of that now, can't we?

>>16249025
BTC is a shitcoin and it can proven mathematically.

>>16249311
The only reason the US gets away with inflation the way we do is because we point a gun at anyone who won't take our dollars for oil. So a lot of inflation is exported. The crash of this whole system is going to make Wiemar look like a fucking joke.

Because there are trillions in combined assets just sitting unused in accounts. See apple, microsoft, and big cap stock's balance sheet

>>16249722

Be that as it may, it fucking works, doesn't it?

>>16249767
And it probably will keep working if Trump listens to the CIA.

>>16249767
It's not sustainable

>>16249846

And then what?

>>16245208
Easy anon, the money doesn't go into inflating customer goods but inflated assets like stocks, bonds and real estate. Thats why you will never be able to afford a house or other fair-priced financial assets besides cryptocurrency

>>16249855
imagine a nigger breaks into your house and points a gun at your head
you're gonna do what he wants for a while, but if you're smart you'll bash his head in as soon as you get the chance

>>16249880

Well, how, am I not agreeing?

>>16249767
Until it doesn't. Empires are a bitch to maintain and corruption is very real.

>>16249855
Boogaloo

>>16249891
I've just explained to you how it isn't sustainable

>>16249915

ok, will it come to that really?

>>16249952
It's possible. Resources become scarce general tolerance of bullshit falls pretty hard.

shame... brothers in arms after all

>>16249695
>BTC is a shitcoin and it can proven mathematically
You guys honestly believe that slightly faster and cheaper transactions matter more than the math behind supply of the 2 assets we're measuring.

The math that is most important to all of us is the % gains and BTC beats everyone else there.

You guys don't know what shitcoin means, it's every crypto after BTC, show some respect to girl who brought you

>>16250014
BTC is going to fail because it doesn't scale.

>>16245300
>I'm smarter than you
>Doesn't correct Anon
>That's not how consumer good works because asset creation is dependent on sales.
He was right. As the CBs are buying up bonds, investors need to go to the stock market for returns. lets not even talk about open market operations. If the money got distributed to everyone stocks could rise because p/e. But consumer goods would rise in price. If more money flows into a sector, prices rise. please go back kike.

And I , as a European well know, if the US breaks this friendship, we need a whole of a lot more and stronger military than we do now... which of course the us would of course not deem well again?

>>16245208
One of biggest indicator for coming crisis for me is house building.
House building affect everything - trade, transport, materials, logistics, builders, it touches everything.
You have to look at all issued permits to build houses.
In my country it shrunk 50%, fucking 50% this year. Bad times are coming, at least here.
Toilet paper printing affects stock market. Look at it's graph. Soon it will do a touch down, when everyone realizes - toilet paper is inflated. It can't go to infinity, if it does what value of toilet paper is then? What value holds a company priced in 5 Billions which does nothing more than a tax bills and occasional twitter posts?
Folks still don;t see inflation, when they will realize it, it will be to late.
Look for indicators. Nobody wants 2008 crash, but there is no way to avoid dollar crash now. Everything is shrinking, but stocks are booming, this is no good.
>buh muh merica is now energy exporter!
It's dollar this time m8.

>>16245308
Kek’d
The absolute state of the hoards of newfags who have invaded this board

>>16250115
These are the questions after all. Best would be Mr. Trump trusts his CIA advisors, I think

>>16250116
where i'm from in nowhere special burgerland, all new housing is really expensive. locals have to gtfo

>>16250054
Here's the dirty little secret of crypto.

None of them can scale to handle it all. It's because they're all based off the flawed creator. There ability will always be handicapped by the fact that they had to copy parts of BTC and then build.

The ones that lie about scaling can handle decent spam volume in controlled environment. BTC is another beast and it's chain must always do upgrades more cautiously than the others to protect all the wealth stored on it. This is the big boy coin with the billionaires and nations playing games.

shut the fuck up imbeciles. If anything scales here at all now, it is me.

the supply of the usd hasn't been defined by anything since nixon stopped the gold standard
the dollar has been in free fall since then, the only resistance (demand) is the fact countries need energy and opec nations only sell oil for usd.
central banks don't measure the loss of purchasing power of the dollar, they change cpi so they can say "inflatoin is below 3%"
tldr it's priced in

>>16250265
>None of them can scale to handle it all
All of them except BSV. Unbounded blocks in February.

>>16250345
>Unbounded blocks in February.
presents it's own scaling issues

What you dumbfucks refuse to grasp is BTC handles a scale far greater than other cryptos. Other cryptos aren't being used as much and the scale isn't spread out into real world conditions like the ones BTC exist under

You guys know that shitcoin volume is mostly fake right?

>>16250387
BTC handles less volume (transaction volume) than other coins pretty regularly. After the capacity was reached years ago BTC dominance began to fall immediately. The only reason shitcoins exist at all (for the most part) is because BTC did not scale and people started considering alternatives, which did far more harm than good for crypto as a whole. Most of the shit is scams. What works is Bitcoin, it always has. BTC is something else.

Bitcoin scales. Simple as.

>>16250387
Also these days BTC is begining to loss its status as a trading pair to other exchange tokens, but most importantly TETHER which today had more 24 hour trading volume than BTC.

Is there even a need to advertise BTC? I mean honestly? What for?

>>16250436
>>16250436
>BTC handles less volume (transaction volume) than other coins pretty regularly.
It's more rare than regular, that a crypto does more on-chain transactions but it does happen.

Most of those times were spammed or fake volume and the cryptos aren't being put through the usage and users that BTC genuinely has. I read articles about BSV, XRP, or LINK wash trading. Market makers make up most altcoin volume. ETH gets a lot of usage but is having trouble scaling for 2 years now.
>The only reason shitcoins exist at all (for the most part) is because BTC did not scale
I agree
>and people started considering alternatives, which did far more harm than good for crypto as a whole.
I think these alts took the pressure off BTC at the perfect time. BTC needs a web of strong blockchains around it. This allows BTC to stay relatively safe until scaling solutions have been perfected.

We can't risk the momma chain, that's where most crypto investors money is.

>>16250457
The reserve of crypto is a use case mostly for traders. Most crypto traders long are doing BTC pair trades because every crypto holding will be measured against $ and sats. Also anyone who trades alts vs USD is looking at the BTC/USD chart too because any move on BTC takes everyone with it.

Traders are usually bad for price from what I've noticed but at least they bring liquidity. Another overrated traditional investment stat.

Liquidity doesn't help my BTC sell order at$100k. I want the market sell orders scarce so buyers get to me faster. Traders want liquidity so they can sell.

>>16250598
>BTC needs a web of strong blockchains around it
I vehemently disagree. Altcoins are an attack on Bitcoin security and they do no good for themselves either. By having hash spread out over different coins instead one, Bitcoin becomes weaker and the alts have even less defense. Even if it's a different mining algo. That's hash that could have instead been used for securing Bitcoin.

As for scaling, there isn't a risk and we don't decide what's acceptable. Miners do. If competing miners want to mine a 100GB block good. If they want to mine a TB block even better. Probably won't happen tomorrow, but it will happen. The scaling choices on BTC are literally #reckless.

As for trading pairs, it's not looking the best imo. I also use BTC ratio even when trading against BSV. I don't even use USD often. However it's becoming clearer that traders are using it more often. As dominance slips again it's probably only going to get worse for BTC parings vs USD parings.

>>16245208
It's called the Cantillion effect. The big whales at the top accumulate the inflation and don't sell. Sort of what's happening with FRM right now actually.

>>16247270
Wrong. Soz.

T. Schizo

>>16245722
kek

>>16250662
>hash spread out over different coins instead one, Bitcoin becomes weaker and the alts have even less defense
I agree, I just think a 51% attack on BTC is unlikely to succeed. BTC needs alts and alts need BTC. Everyone hates me for not saying 1 coin will take every $ ever created. Either you're an altcoiner or a BTCmaxi and I just try and point out the facts for both

I just don't think in absolute terms often and doubt this ends any other way than BTC at the top and many coins doing many things, a lot of the overlapping

Thanks for all the replies, appreciate all the input form all the anons, even the schizos ;)

>>16245354
>your savings constantly losing value at a compounding rate to encourage consumerism in a debt based userist serfdom is good!

>>16248203
The nation state is "central planning". Thay shit lasted 400 years so far