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16280774 No.16280774 [Reply] [Original]

Is there anything more pathetic then you hard money advocates? Money is just a basis for exchange. Nothing has intrinsic value. Not even bitcoin. An odd rather trust the Fed then the fucking banksters who have us the 2008 crisis and the 1929 collapse.
What's the alternative? Fucking sea shells? Retards.

>> No.16280812

>>16280774
Hey man nothing personal, I'm just following the smart money outside the Western matrix for the real generational ove

>> No.16280919

Gold, retard

>> No.16280951
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16280951

>>16280774

>> No.16281454
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16281454

>>16280774

>> No.16281465
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16281465

>>16280774

>> No.16281475

>>16280774
>I'd rather trust the fed than the banksters
Uh sweaty, its the same people

>> No.16282422

>>16280774
>What's the alternative? Fucking sea shells? Retards.
We can do better.

>> No.16282453

>>16280774
Money>Currency>Fiat
Money = Medium of exchange chosen by the free market
Currency = A receipt redeemable in money
Fiat = Government mandated medium of exchange. Almost exclusively designed to steal wealth via inflation.

>> No.16282503
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16282503

>>16280774
BTC isn't going to replace the dollar. BTC is a counter to fiat inflation robbing you. Gold, >>16280919
Gold would have been the best option here if it weren't for BTC
less BTC than ounces of gold, with demand increasing faster for BTC
>>16281475
It really is, I used to think this was a conspiracy theory when I first started digging.

The FED is the puppet of the top US banks and a few euro ones. They guide monetary policy from balancing the bankers desires 24/7 and the president's when FED chair is up for appointment. Look how Bernanke raised rates up until Obama said he would have another term, then rates dropped.

Trump is screaming at Powell because he fell for the rates meme too. Meanwhile the FED took $1 trillion out of the market over a year or 3 by selling off it's balance sheet.

Liquidity crises hitting the banks? No shit, the FED dumps 1% T-bonds on everyone and takes out capital.

They can pull strings here if the prez catches on to something over there. It's made boring and complicated for that reason. Listen to any FED member talk while in the FED, especially talking with politicians.

>> No.16282747

>>16282503
https://www.youtube.com/watch?v=vYS59HP46eM

>> No.16283826
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16283826

>>16282503
Bump

>> No.16285046

>>16280774
The hard money advocates are so pathetic for the opposite reason: money is NOT just a basis for exchange. Though that's its main purpose, the rate at which money is being spent has a huge effect on business profitability and investment decisions.

>> No.16285436

>>16280774
1. FED = Banks
I'm not sure about validity of this source though but definitely FED is privately owned by secret group of banks:
https://www.facts-are-facts.com/news/the-federal-reserve-is-privately-owned
Who actually owns the Federal Reserve Central Banks? The ownership of the 12 Central banks, a very well kept secret, has been revealed:
Rothschild Bank of London
Warburg Bank of Hamburg
Rothschild Bank of Berlin
Lehman Brothers of New York
Lazard Brothers of Paris
Kuhn Loeb Bank of New York
Israel Moses Seif Banks of Italy
Goldman, Sachs of New York
Warburg Bank of Amsterdam
Chase Manhattan Bank of New York
2. 2008: Government = Banks: Government policy was to back up risky loans pushing banks into them. Banks liked it since no responsibility, private profit/public risk.
3. 1929: In 1930 after the crash unemployment was at 9% and then the government "took charge". If 9 percent unemployment was troublesome in 1930, when the Hawley-Smoot tariffs were passed, it was nothing compared with the 16 percent unemployment the next year and the 25 percent unemployment two years after that. The annual rate of U.S. unemployment never got back to the 9 percent level again during the 1930s.
https://www.google.com/amp/s/www.baltimoresun.com/news/bs-xpm-2005-06-16-0506160077-story,amp.html