/biz/ - Business & Finance

muh shiny rocks...

>mfw realized i will live in the matrix economy for the rest of my miserable life

>>16444336
Nothing makes any sense anymore. The fucking u.s. economy somehow makes less logical sense than the markets with less fundamentals than crypto. Ive spent the last 10 years waiting to get fucked and by all means it should have happened but it hasn't.

110 countries please.

uh oh, apparently inflation was 1.5%, below our 2% target, which means we now have an excuse to run at 2.5%.

What a load of bollocks. Hey /biz/, I went to the grocery store in early October and wrote down the prices of a lot of items. Next October I'll report back to you the updated prices and the increase and such

>>16444368
thanks biz bro

>>16444360
Not if Satoshi wins

>>16444171

>>16444368
Thanks good info to have from a street source.

>>16444336
These Jews have to be stopped

I just put money into a CD that was at inflation rate. wtf bros.

>>16444360
Antisemetic

>>16444336
About to go all in crypto and PM's for real. This shit is going to implode like a motherfucker and they are telling you exactly how they will do it.

>>16444365
My guess is the cabal actually running the shitshow's waiting to dump in 2020.

>>16444436
I would be cautious of anything digital at the moment.

your precious gold and silver tanked more today. Thats because your shitty zerohedge article is fake news as always

>>16444958
You’re literally a useless fucking faggot bootlicker. You can read Fed minutes on the .gov website you fucking faggot. Quote from the article.

“Given the persistent shortfall of inflation from its target over recent years, this would imply supporting inflation a bit above 2 percent for some time to compensate for the period of underperformance.”

https://www.federalreserve.gov/newsevents/speech/brainard20191126a.htm

>>16445015
>boot licker
I cringe everytime. Lefties have a really gay obsession with boots. Is it because they make you feel tough? Its always ill crush you with my boots this or I'll put on my boots that. It's really gay and i can't help but picturing some retarded impractical boots with skinny jeans and fake holes in them.

>>16444336
based jewish fed pumping these markets

I can't follow this shitshow anymore. I'm just going to buy PM's and gamble on shitcoins. Idgaf anymore.

>>16445088
Lefties? You’re a fucking idiot dude you sound like a lonely faggot with no friends.

>>16444336
“Feral” Reserve

>>16444336
Boomers are deeeezgusting

Explain for a brainlet why inflation good and deflation bad.

>>16444368
Giving a might (You) to this Anon

>>16444336
Snowing hard and heavy. Heat me up, Mr. Powell! Run it hot! Some like it hot!

>>16445759
Both are a fucking scam

>>16445759
well if you believe Keynesian bullshit;
Inflation promotes spending in the economy, stimulating it since any hoarded money will be devalued
Deflation promotes hoarding of money, since it will always be worth more down the line. Money doesn't move around the system, thus no incentive to fund ventures, spend money on business's, and wealth stagnates into the hands of a few people, ect ect

>>16445782
And in reality?

>>16445759
>>16445782
Number go up is good, number go down is bad. That's all there is to it

Price inflation has ceased to be a monetary phenomenon since the vast majority of inflation pressures have been subject to price deflation since the early 1980s, mostly due to outsourcing, technology and bringing in cheap labour.

Really the only way America can stoke significant price inflation is through their biggest trading partners refusing to utilize the dollar as as a payment system. Same thing as the situation in the 1970s.

>>16445791
it promotes unsustainable expansion in sub-optimal ways, not to mention is an invisible tax of sorts. Proponents of debt backed economies believe money now is always better as it accelerates progress without drawbacks, if we need to send aid to a city ravaged by weather disasters the debt we take on would quickly pay itself by new economic growth coming from the city restored now. But as I said it promotes unsustainable spending, it allows inherently unprofitable activities to go unchecked and become profitable through repetition alone because of the way debt is inflated away. the most optimal business strategy in inflationary environments is actually to borrow as much money as possible, and then lend that money out at a slightly higher rate to someone else. Which funny enough i exactly what banks do.

In general the problems of a deflationary currency are easily explained away by savings and accounting being the true trust less medium, you do not harvest the food and then sow it later, you must first sow the food to harvest it. Inflation and debt banking adds a crucial step to that process which keeps the government on top. Bringing me back around to my point that inflation is an invisible tax, the government prints the money, little by little you go broke while they continue to centralize power. This would not be a problem if democracy did indeed accurately represent a populations needs and wants, but if that was the case we would be living in utopia already.

>>16444336
fearing inflation is a mental disease at this point.
Japan did everything it could to create inflation and failed.
Advanced economies are in a state of technological deflation that needs negative interest rates to achieve equilibrium. That's why hyperinflation is not going to happen. Financial markets need an inflation of 2-3% to function smoothly (because of the discontinuity at 0) which needs the federal funds rate of about -1.5%.

This doesn't apply to low value added economies, like Brazil, Argentina or obviously Venezuela.

>>16445088
wtf are you even talking about are you on drugs?

>>16446097
Well yeah if you're literally afraid of inflation that's silly, what's not silly is fearing what inflation represents, a centralized government entity printing new value into existence for itself. Even if this system was perfectly setup to only match trade and population mismatch so there was effectively 0 inflation, that still leaves the social problem of a centralized agency that could theoretically choose to cut individuals or corporate entity's out from economic growth, which does not sit right with any small government political groups. We do not live in a system where that happens however, so inflation is actually just the governmental entity appropriating your savings to put towards its own desires, bit by bit. That means collectively using average 2% inflation a bush administration has presided over a compounded 27% shift of the nations assets by the end of their 12 years for you optimists.

either way inflation is just a symptom of the problem. Look into the Triffin dilema for more.

>>16445904
And this is common sense 101 completely hijacked by Marxist’s who own the banks and want quick money at the expense of the poor because fuck em

>>16444336
>zerohedge

>>16445088
I used to know some right wing people that liked them too.

>>16446097
>technological deflation
Literally wut

>>16444368
The nominal price of a good is dependent on supply & demand of the specific good in addition to inflation. Also BLS data shows specific food group prices outpacing inflation. Its not like its a fucking conspiracy.

>>16446756
Fuck this is why my luscious bacon has been so expensive. Ty anon i have some pigguh farmers i have to talk to.

>>16446802
do you like bacon?
https://www.youtube.com/watch?v=NghTLIRsmOE

>>16444360
How do ugly woman make it in Hollywood if no one would want to fuck them?

>>16444368
Sounds interesting. Why not do it once every 3 or 6 months?

>>16446879
Because that would spook the markets
and the powers-that-be want to keep the blinders on till they can't hide it no more.

>>16444368

Based

>>16446097
Fuck you keynes , as someone from Argentina you don't know what the fuck you are talking , calling brazil a low value added economy when they are the 3rd plane exporter for example is retarded.

The reason why first world nations are entering a deflationary era is not because "technological advances" in good regards it's because you fucking keynsians morons have give the politicians the theoretical frameworks to tax everyone to hell , that + digital registries means people are being autotaxed when they sell stuff or shit like that.

So as inflation grows more and more people enter into highest tax rates and that causes deflation in a lot of goods.
Meanwhile inflation in hard assets is non stop growing.
The disease that keynsianism is will destroy the west in a correction that not even central banks will be able to stop.

>>16446650
it's the retarded keynsian idea that due to better production methods a lot of prices are going to go down , when in the first place if someone invested in better methods is because the demand was there.

The reality however is that technological deflation is happening but not for "technological advances" it's happening due to taxcucking advances , people are being taxed more and more , every digital transaction is being taxed , there is no way out so people have less and less income to save or spend after paying the basics for survival at the end of the month and this is causing deflation.

The retarded keynsians want to fix this shit caused by governments by more government spending.
They are fucking retards that can't think beyond 12 months.

>>16446879
I might

>>16445904
Wow based post. Always kinda wondered why everyone parrots the “deflation bad” meme with no explanation

>>16444368
BTC max inflation after may 2020 1.8%
BTC expected inflation after may 2020 1.3%

USD inflation target 2.5%

they set up all this useless and fake jobs, then at the top of those businesses they have their own guys. its all a money pit anyway. so when you have a fake economy it’s very easy to “pull it” when the time comes.

>>16445088
Look up the term bootlicker, and next time don’t talk about your retarded thoughts.

>>16445904
Based response.

>>16446849
she won the lottery

>>16446756
Both dairy and corn are subsidized by the Gov. The things that are below inflation you’re still paying for via taxes

>>16444360
This is a good thing. It means if you invest in blue chip stocks you're only going to go up because the govt wont let them fail.