/biz/ - Business & Finance

the federal reserve is destroying the economy

we have 6 months

there won't be any
the jews figured it out

>>16807084
kek

It’s not just communists wanting societal change. We don’t even live in a free market to begin with.

>>16807170
>We don’t even live in a free market to begin with.
THIS
Abolish central banking.
Free the market.

>>16807084
Why does /biz have such a hard-on for economic collapses? Is it because everybody here is secretly a loser and thinks their life will improve if they drag others down?

Here is a tiny little redpill, there are more smart people working to keep the economy going (because it makes them money), than idiots who can wreck it, espetially idiots who can wreck it and profit from it (a non-existent category really).

raping so much is pretty based desu.

>>16807307
wrong faggot. some of the smartest, but pretty (((morally degenerate))) people are trying to bring it down as we speak, since it will help them force out the middle class and those who got rich, but not part of their circle. if this collapse goes down, they will literally own everything in the world. only net worths over 1bn and poorfags will remain.

>>16807307
its fucking inevitable you brainlet
do you think the petrodollar will last forever

you people have no idea whats going on

>>16807332
You're a fool. The middle class is pretty much forcing itself out by its own behaviors without any help from these supposed "moral degenerates". Automation and outsourcing over the past thirty years? The middle class has embraced that fully, every retard was happy to pay a penny less to leave his neighbor without a job, not understanding that it'll be his own turn soon. Standing together to gain leverage over employers and protect their jobs and communities? The stupid middle class gleefully voted for laws that removed workers protections (salaries excempt/etc...) for professional workers who are NOT in management.

The middle class is composed of people who don't look too far ahead, thats the problem. Can't blame a shepherd who leads his flock of sheep.

>>16807384
this

>>16807350
>do you think the petrodollar will last forever
The petrodollar will be obsolete within twenty years. "More than 70% of extracted oil in the USA is consumed by personal vehicles", so make a projection on whats gonna happen with EV adoption.

If you're implying that tying the dollar to OPEC transactions is the only thing keeping US of A a world power you need pick up a book or two.

>>16807234
based, redpilled and extremely underrated

>>16807084
Did you take inspiration from doctor zhivago?

>>16807384
>Automation and outsourcing over the past thirty years?
imagine being dumb enough to think these are the reasons the american economy has stagnated and not central banking

>>16807414
I meant the US dollar in general. It's going to collapse soon.

>>16807426
Why doesn't everyone think like us anon?
People don't even know about central banking and they're all cucked.

>>16807384
And the low class can only look to their next dopamine hit while the middle class takes care of millions of niggers and spics

>>16807430
>central banking
Ok, I'll bite. Tell me what central banks are supposed to do, and what they are really doing and how its screwing up the economy. No googling.

>>16807471
Found the "progressive". It all the jews fault anon.

>>16807234
This. In seeing an increasing in a number of glow nigger posts trying to associate doomers or anti-establishmentarianists with Communists. I don’t support that ideology either but our current ZOG system has got to go. Only a boomer would be happy with our current system.

>>16807384
automation increases the value of the dollar retard. even outsourcing to pajeets do that. you might have less jobs, but you will be able to buy more cheap goods. study some basic economyics before talking shit. the economy will be crashed, so they can buy up the remaining companies, properties they want and dont own. ofc they will know when the collapse is happening and why its going to happen, so they will put their wealth into assets that will survive the crisis they initiate. it might even be bitcoin. then when the crisis is on, everyones fiat is gone to shit and everything is for sale for pennies, they buy it up with their store of value assets, now transferred into liquid assets.

>>16807471
https://mises.org/library/credit-expansion-economic-inequality-and-stagnant-wages

>>16807471
Central banking creates situations of unnatural growth and subsequent recession by fixing the interest rates they dictate how much liquidity is in the marketplace
This gets to create a surplus or a squeeze and usually their plan was to keep the best businesses around which they might or might not control by drying up liquidity then releasing it
Now their hands are tied and can only offer low to negative interest rates because the economy is so damaged it never recovered from the 2008 squeeze
The fed's balance sheet is growing exponentially as they buy up junk assets and bail out repo markets and other stuff
Central banks cause this problem and now it's too deeply seeded to recover

>>16807307
Have fun getting divorce raped. I don’t care about the economy too much cause I got so much money. I just want to fix the social relationships between men and women. I’m not really into one night stands but feminism ruined long term relationships. But what about cohabitation? Common law and other dumb laws ruined that too.

>>16807511
Don't push a link on me. Tell me about the woes of central banking in your own words, the way you understand it

>>16807332
Hey I’m smart and semi retired. Where do I sign up to help collapse this clown world?

>>16807471
not exist

Also remember the dollar isn't backed by anything so central bank manipulation is powerful

>>16807471
They have a monopoly on money and thrust it’s not a free market. In a free market I can create my own currency, anon bucks, what’s preventing me from doing that? Laws, government, anti money laundering laws.

>>16807552
Help spread bitcoin
They lose control when they can't tax or print currency
I'm teaching myself the ins and outs of a fully validating node so I can help others escape the beast

>>16807552
they will "collapse" it themselves, only they will maintain their rule, which im sure they will. miscalculations happen tho and it may spiral out of their control.

>>16807518
I actually appreciate you trying to elaborate the evils of central banks in your own words unlike retards on here who can only parrot "CENTRAL BANKING" to try to shut down arguments.

I actually partially agree with you, central banks DID cause a problem. But not the problem you describe because your understanding of what happened in 2008 and steps necessary to recover from it is incomplete. So let's get into what really happened - a subprime mortgage crisis. People who should have never qualified for mortgages were nevertheless granted them based on the premise of ever-rising housing prices which papered over the fact that they could never afford the homes. You might argue that its the federal reserve lowering the interest rates was what fed the bubble and led to collapse, but thats not the trigger or the cause. The real trigger and the cause for the bubble and recession was fradulent valuations of mortgage backed securities, aka subprime loans were packaged into AAA investment instruments by the rating agencies and sold off to other banks, pension funds, etc... This derivative backed market fueled the real market in real estate - people quit their jobs to remodel homes, work in construction, finance projects, etc...

This is ultimately WHY the recession happened, why any recession happens - all this labor that was in the real estate business needed time to retrain, relocate and find other productive jobs. The labor and the economic opportunities were misaligned due to fraudulent ratings on mortgage backed securities. That roughly coincides with the two year duration of the drop in the stock market as well.

Now you could argue that the bailouts never happened and it allowed zombie companies to remain while a real free market would have wiped them out.

>>16807643
The collapse of it's automation oriented it might be similar to Ted kazinski idea of technology controlling bits of the goyims life as it progresses
This is why it's so important you maintain a node of your economic system
Bitcoin is gift to humans if you don't fight for the right to easily maintain a node you lose it and you don't have a say in the rules of the system anymore

>>16807658
However it was a fine balancing act - should the federal reserve risk a full blown depression as major corporations fold like a house of cards with tens of millions left unemployed, or does it inject money into the system to keep it afloat and working, with a chance to recover. So the only two choices are letting it all fall and dealing with the fallout (which would be enormous) or trying to add oil in the engine to keep it running. Complex problems and tough choices

>>16807658
Yeah the banks colluded in 2008 with help from the government
The fed was complicit by adjusting the rates to near 0 for 8 years

>>16807384
Found the kike. But don’t worry the economy will collapse and its people like you who don’t care about anything than being a degenerate cunt that helped kill it. Thanks.

>>16807532
>I don’t care about the economy too much cause I got so much money.
lol @ that
The rest isn't even worth a reply.

>>16807700
They're all part of the same club

>>16807707
I love how stormies are so close to the commies that they despise. The fact that you don't have any arguments against what I wrote and need to fall back on calling me a jew just like people shout "racism" just proves it. You're a absolute brainlet but don't worry Im not making these posts for people like you anyway

>>16807696
The first tough choice should have been let the bad companies fail and the free market pick up the pieces
Now it's leveraged all the way up to debasing the currency to keep some corporations and banks afloat

>>16807726
The fed the banks and government knew what they were when they repealed banking laws

>>16807737
>The first tough choice should have been let the bad companies fail and the free market pick up the pieces
Its not that easy, the scale of the modern economy makes everything connected. What you're saying is that it was fine to risk a great depression with an official unemployment rate of 25%, to anyone in the real world thats an insane proposition.

>>16807762
I think it's fine
It's how we end the wars for israel the mass economic migration for gibs and get everyone off the dollar and into bitcoin

>>16807658
Banks would never have lent to risky borrowers if the promise of bailout wasn’t hung over their heads. This is what you aren’t getting.

>>16807430
Its a good chunk. If we stopped shipping labor to China poor people would still be making more than enough money to not want to kill jews.

>>16807775
If banks can look so far ahead why would they fill their sheets with AAA mortgage backed securities if they're really BB- on the inside?

What about Lechman Bros? Hmm?

Central banks are decimating white populations in western countries

>>16807793
What about Lehman? As soon as they were allowed to fail the market was set to tank with no survivors

>>16807121
>t. tyler durden

>>16807714
>@
You need to go back

>>16807726
The fuck are you even saying? Are you going to deny that banks are run by jews? Are you really going to deny that the U.S. is run by jews?

>>16807762
What your saying is its fine to be economic debt slaves if our master gives us a cookie every once in a while.

>>16807882
Lets say I deny it. Enlighten me

fuck the fed

>>16807658
nice post, anon. now the same is happening with CLOs, isn't it? the number of zombies is constantly increasing and so is the percentage of the zombies' loans. at the same time the housing market skyrockets. the prices for some properties reach unnatural levels - 20+ years for amortization.

>>16807892
Read some stories on of how normal people were hammered by the great depression and come back to me. Forget the numbers, 25% unemployment rate, breadlines, etc... fuck all of that. Just read some stories of how people were surviving back then and come back and tell me ifs fine to plunge people into that all over again.

>>16807384
> t.

>>16807777
This is the truth. Looks like were having barbecue jews tonight!

>>16807121
what do you recommend to do?

>>16807955
> namefagging

>>16807909
Look at my last 2 posts it furthers their agenda while they genocide their enemy

>>16807966

>>16807929
I have zero knowledge of CLOs. If you're talking about the state of the markets the biggest threats that I see is the levels of corporate debt. Even so if we do see another market pullback it might not reflect on the underlying economy at all (e.g. termination of stock buybacks will tank the prices but will do fuck all to the underlying economy). As for housing, noone is building entry level anymore. The ammortization rates can be higher, much higher. Look to Hong Kong and Sweden (generational mortgages for Sweden, recently limited a few years ago).

>>16807931
Nothing will change by letting them continue to control us
Kikes are unbelieve from this to the samson option fuck off

>>16807970
vote ron paul

>>16807931
I hope bitcoin generates enough efficiencies that it's a smooth transition that brings about a economic boom

>>16807480
this meme has more truth than humour.
you are not a winner in the jewish game of wealth accumulation and social awards.
infact the average person regardless of merit will never win because to win is to engage in the game of judaism which involves secret knowledge of judaism and satanic occultism.
the only people who unknowingly succeed do so because theyre acting as pawns for the higher ups in the game.
i dont want to win, i just want to kill jews.

https://www.youtube.com/watch?v=5AJv662OJVQ

>>16808003
not american.
I mean what do you recommend to do financially, i want to gain money

>>16808162
Based

>>16808186
This isn't about money
It's about changing power structure to create a forum for prosperity

>>16807084
https://m.youtube.com/watch?v=vEFlPwA8uEE

>>16807307
>Why does /biz have such a hard-on for economic collapses? Is it because everybody here is secretly a loser and thinks their life will improve if they drag others down?
Because life is crazy expensive and we want to buy things up cheap (stocks real estate etc.)

>>16808223
want that, but also want to have my home to be able fuck girls there

>>16807384
>dont buy cheap stuff made by robots, support other peoples jobs

how can be niggers with that level of retardation alive

>>16807234
Saddly, never gonna happen

>>16808855
it's a economic theory that keeping the money in the community makes you wealthier
when you outsource labor that money goes back to mexico and everyone in your community is .000001% poorer
you do that a couple million times and you've sold out your people


but how do you convince people to pick a more expensive item for the benefit of the whole?
automation isn't the enemy either as long as the shop owner is part of the community and the robots are maintained by the community
this is what's changing the mind of many libertarian free market economists to change their political leaning towards localism

>>16808887
brainlet

>>16808900
>completely ignoring the federal reserve in your theories

>>16808918
I'm >>16808223 this poster on my computer now

you need a localized free market with tariffs so the bugmen who will out compete low skilled jobs every time due to their human rights abuses aren't rewarded at the cost of your community's full circle economy
these communities don't even need to be geographically local
I've been thinking of creating a lightning network channel factory with economic rules so we are always growing and competing

>>16808900
Makes no sense, you are just going to isolate your community from the world

if your country cant compete with cheap plastic shit beeing made on the other side of the world, maybe your government is the one fucking you, not the chinese dude working in a sweatshop

>>16808993
chinese products break, pablo doesn't care about taxes or your community's health (economic migrants)
this is only a debate because everyone is so leveraged out
I would rather have quality made products that last decades than chinese shit
but people are so tight they choose the shitty lawn mower or tools that break after a few years as opposed to the american made products

>>16808993
communities should do everything they can to be self sufficient as well

>>16808993
also I would rather pay $100 for a american stitched sweater than a sweatshop $7 one
even if it means I can't buy the turbo s 911 now
we live in a time of so much excess and nobody has any respect for the community as a whole
this is why the rich are richer and the poor are poorer

poor people have phones and tvs made in asia but no assets or savings lol

>>16809019
>>16809038

thats free market, people buy whatever they want, and economic isolation will just lead you to stagnation

the only valid way you can get your jobs back, is by making so that making stuff in america is cheaper than in china, by cutting taxes

>>16809092
>making stuff in america is cheaper than in china, by cutting taxes
I agree with that
what I'm thinking is with corporations and human rights abuses we need to bite the bullet and pay more for ethically produced items and we should buy them locally to prevent an efficiency race to the bottom in actual human experience

we have the internet anyways
it's not like china's isolationism and them being late on the industrial revolution

I feel like the whole point of this is to improve human experience

>>16807931
The past ten years have just been the Great Depression with more trannies

>>16808186