/biz/ - Business & Finance

>>17923917
Hell yeah

>>17923917
>it’s an America realizes it would love Bernie thread

>>17923917
wtf is this nonsense? People getting money for free? Like all of them dont have their savings or refuse to cut their spending?

Hope this wont happen in EU.

>>17923917
bullshit faggot

we are unironically living at the beginning of the biggest collapse of all time

Looks like I won't need to find a job after all. Thanks Trump.

>>17923917
FREE LINKIES YES!!!

>>17924014
Keep spamming this so it sinks in

take the money and go to live in Colombia
you are so lucky guys
hope the ECB do the same for us

link pls

>>17923994
Nigger they're doing it because the entire fucking country is shutting down and they are literally unable to work

fake news

>>17924054
>>17923917
this

>>17923917
If true just watch literally everyone in the third world literally trampling to go to the usa. You didn’t need the wall before you sure will need it now

>>17924054
google it
>>17924062
true news

>>17924054
>>17924078

It’s Bernie’s proposal.

>Adults would be eligible to withdraw these funds from financial institutions or receive them directly in the mail via the IRS.
They just want people to show up to a bank and withdraw 2k? Why are they creating literal bank runs?

>>17923993
Americans are too stupid to know what they like.

>>17924050
My girlfriend is Colombian and I have a bit of USD saved up. If things go belly up here I'm going to unironically consider taking all my savings and moving down there. I want at least ~$20k saved before I do that though, preferably $50k. I figure that would be enough to last me until shit blows over here in the US.

so I can avoid contacting the irs? I haven't done my taxes since 2017.

>>17923917
That isn't Trump's bill. That's just some democrat proposal.

The Trump bill is going to be much shittier.

>the trump bill now says they'll give out $2000 to "Many" Americans not "All"
it's over. no NEETs, no college students or people who started working this year. only people who filed taxes last year practically confirmed

https://www.washingtonpost.com/business/2020/03/18/trump-coronavirus-economic-plan/

>>17923917
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRREERRERRERRRRRRRRRRRRRRRRRRRRRRRRRRRREEERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRERRERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRREEEEERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17924126
If USD goes hyperinflation style Colombian currency will be worthless

>>17923917

Is that a helicopter I hear?!

>>17924103
It's only for working US citizens that have an income dumb fuck.

>>17924142
Noooooo! i want my free gibbs! when is it gonna be my time for gibbs?

>>17924209
you don't get gibbs, goy. only banks and jews get free money.

the trump administration already gave in to neocons and now it sounds only very few people will actually get any checks.

>>17924207
Keep telling yourself it’s not a magnet for migrants, specially now that you wouldn’t even have to be working, millions would choose to not work, who’s gonna do them jobs when you can sit at home on a check that pays more than minimum wage

>>17924041
He's right though. We're still in the denial phase.

>>17924126
Good riddance faggot

>>17923917
Is this money taxable? $1000 is one thing. But $750 is quite another.

>>17923917
>Proposals
It's not gone through yet. Calm down

>>17924126
>Calls other Americans retarded
>If things go belly up in the US I will move to Colombia
It’s a bold strategy Cotton let’s see if it works out

>>17924126
lmao if shit goes down colombia's gonna be a warzone mate, trust me

Time to get 2k worth of link, thanks trump 100k eoy

>>17924160
Free green toilet paper everyone!!

HAHAHAHAHAHAHAHAHAHAHAHAHAHAH
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>>17923917

AH MAN, IT'S REALLY GONNA GET BAD.

FUCK. FUCK!!!!!!!

>>17924237
Wouldn't it make more sense to work while receiving payments so that you have even more disposable income that you could reinvest? Why do you assume someone would stop working the instant they have a guarantee of non-starvation?

>>17924207
Source?

be sure to get it all in 1s so you can at least wipe your ass with it

>>17923917
yeay drumpf bux to go with my obama phone

>>17923993
Yang, not Bernie.

>>17924224
The game was rigged from the start.

>>17923994
It's not a general law, it's because the government banned people from working

Seriously asking. Whats the difference between this and Wiemar/Zimbabwe?

>>17923917
That is 2k from me going into ARPA every month, so bullish for crypto in general.

I'll just charge my daily expenses to credit cards. This shit is collapsing.

>>17924427
They didn't have thousands of nuclear warheads

>>17923993
*Yang

>>17923917
how many adults + kids on the US, can anybody do the math on how much $ would be printed for this in 1 year?

OH GOD IM BRRRRRRRRRRROOOOOOOOMING

>>17924427
They didn't have ARPA to fomo into at 2 bucks

>>17924041
>has no understanding of history

>>17923917
>Pump average 6k/month into the typical household under 1mil in net value for no reason

rip all savers

>>17924126
The world is ending and your plan is to go ride it out in a place that was post apocalyptic before it was cool?

BBBBBBBBBBBBBBBBBBRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Think I can get the check if I am not living in USA right now?

>>17924126
>Americans are too stupid to know what they like.
lmao how would this shit help americans in any way

>>17924427
literally >>17924443


inflation is a meme. hyperinflation is even more of a meme.

the US is the center of the world, has the biggest military and the biggest nuclear stockpile in the world.

the US can just "pressure" countries into taking shitty deals to make sure our economy is never in danger of crashing like Weimar/ZImbabwe

>>17924420
>tfw literally unmarried computer programmer living in parent's house.
You better give me my money hawley

>>17923917
you’re telling me that they’re only giving me 2k once? Not every damn month for the rest of the year? Fuck this

>>17924500
no

>>17924427
The US dollar has the world reserve currency.
The biggest artificial imbalance in history.

This is going to get much worse.

YANG GANG STILL WINNING

>>17924509
>has the biggest military
So what? Why do you retards act like this is important in monetary matters?

>>17924525
I have to file taxes to that shithole country the least I can get is some fucking gibs jesus fucking christ

>>17923993
>goyim don't realize this entire jew-manufactured crisis was a plot to destabilize the economy and give them no choice but to accept violent revolution or slavery
This the the endgame play for the Bolshevik.

>>17924420
FUCK YOU HAWLEY I’LL PUT THAT MONEY TO BETTER USE THAN LAQUESHA BUYING JAWDENS FOR HER SON TYRESEUS.

AAAAAAAAAAAAAAAA FUCK NIGGERS ITS NOT FAIR ITS NOT FAAAAAAAAAAAAAAIR

>>17924561
>jew-manufactured crisis
take your meds

>>17923917
source on this?

>>17924511
it says $2000/month cant you fucking read brainlet?

is this literal helicopter money?

>>17923917

>>17924566
They shouldn’t give it to people already on welfare and not working. I’m not talking unemployment, but straight up life long welfare

>>17923917
How do we stop them /biz/???

MIIIIIIISTAAAAAAAAA

>>17924549
>nuh-uh big meanie USA, we're not going to play by your rules, you can't exploit us!
>Wtf, why is it suddenly brighter outside?

Hello, hyperinflation

>>17924126
that's stupid bro
just go in colombia to live with the NEETbux but it will be obviously too dangerous for you and your gringo ass to live there in crisis time

wtf, nobody is thinking about the inflation this will cause?

>>17923993
Yang, you fucking dimwit.

>>17923917
are they testing UBI for yangs return?

>>17924673
The QE and repo bullshit created greater inflation than these handful of payments until corona stops

>>17924673
Brrrrr

>>17924631
just put a stick it note on the bill/proposal that says "NO BLACKS". Save time anon.

>>17924584
Feeling the heat from those ovens, kike?
This is 100% overreaction directed by media-created fearmongering.
The media is jewish.
Follow the nose.

non-burger here
would bums get this money too? like a US citizen living on the street?
Wouldn't he go crazy with 1,000 dollars? like drunk and high as fuck?

>>17923917
Woohoo instead of yangbux which failed ill get trumpbux

>tfw it becomes the standard and ubi stays

>>17924588
google it

>>17923917
>for all adults

Just imagine how great a socialist president would be, imagine a $35k a year living wage for every american.

>>17924014
Alright either way I get something interesting to happen.

>either ubi succeeds and i stay a neet
>or society collapses and i can become a traveling adventurer who can plop down in an empty area and build himself a log cabin without the government knocking for $1000 in property taxes

>>17924730
no bums
only kids and working adults

>>17924730
no

>>17924420
>single mom
>families

>>17924730
nope, only those who worked last year, had a job, and filed taxes

>>17924798
what are kids if not tiny bums?

>>17924798
"for every adult american"

there are absolutely no details on the program yet. it's all guessing right now. no one knows what any requirements will be, if any.

also, if they had tax filing requirements that would instantly disqualify millions upon millions of college students who go to school but don't work or maybe worked once and then not later on, etc.. it would be an extremely dumb move.

So should I pay my taxes finally?

>>17924825
No mailing address? No check.

>>17924631
>>17924700
The vast majority of people on welfare are working. The majority of the people on welfare are white.

this is what happens when the federal reserve blows their load and keeps interest rates near zero for a decade. this is what happens when the greatest expansion in american history is accompanied by record-breaking 1 trillion dollar government deficits. this is what happens when corporations take out so much debt that 15% of all publicly traded companies dont make enough money to cover interest payments. We have to resort to helicopter money.

>>17924847
i said NO BLACKS!

>>17924113
Truly a chad

>>17924584
>found one
by jew he meant mossad. happy now?

>>17924420
>1 unmarried computer programmer isnt a family
incorrect you nigger

>>17924831

How else are they going to get it to you? The IRS is the biggest collector of people’s bank accounts, home addresses, and of course obviously their finances. It is just practical to do it through them because otherwise, you’d have more administrative bloat having to track down people’s banks and current addresses and shit.

so what is the most financially profitable way to invest this money, Im ok with a little risk. My job is stilling going strong and I get a bonus soon.

>>17924054
No but really how the fuck can i find/read this?

>>17924831
true, everything is speculation at this point.
"every adult American" can be interpreted as everyone 18+ years old in the United States.
Hard to know at this point.

>>17924873
Seriously. That is a big swinging dick maneuver. That's like walking into the party and declaring all women have to take off their tops.

>>17924940
https://www.usatoday.com/story/money/2020/03/18/stimulus-check-what-we-know-and-dont/2869553001/

Just give everyone 1k a year. Finance through a VAT or property tax.

This will probably never pass because they'll ask for too much.

>>17923994
Hope you're against all bailouts too.

>>17924922
oil is derisked right now. oil is a very forward looking commodity and the saudis did us ahuge solid by threating the market with tehir maximum capacity output. Oil markets are in the process of pricing in maximum risk as we speak, the rest of the market will lag as everything unfolds.

Oil now, rotate into recovering secors as stimulus is unleashed and oil is recovered, enjoy watching boomers screech.

>>17924142
NEETS BTFO
WAGESLAVES RISE UP

>>17924831
>instantly disqualify millions upon millions of college students

good. I already pay enough for those ungrateful cocksucking faggots that still can't figure out which bathroom to use while they "find" themselves

>>17923917
EYO MONEY PRINTER GO BRRRRRRRR BRRRRRRR BRRRRRRRRRRRRRRRR

>>17923917
YANG WAS RIGHT

>>17924443
KEK

https://www.youtube.com/watch?v=Efv-qPpEznI

>>17924356
Because people are fucking lazy, are you retarded?

>>17925099
Yeah most would not work. I will work and take the handout.

>>17924142
>tfw on SSI
>TFW Perma neet
>tfw filed taxes last year and paid $0 because SSI not taxable

>>17923917
>and $1,000 for Each Child

a lot of Tyrone's are about to have dads show back up in their lives

>offer free money to all Americans
>devalue other coins so the dollar retains its value strongly
Based. yuropoors finally realizing they're third world shitters.

>>17923993
>bernie
>UBI

>>17924991
Thats not where OPs pic came from. Im looking for the actual proposal

IRS just extended the tax deadline 90 days this year. Combine this plan and the IRS reality, I don't see how they can do this without just cutting everyone a check, regardless of employment status.

I suppose that they could pull old 2019 tax returns, but there would be literally millions of people incorrectly disqualified by this if it carries a current employment requirement.

>>17923917
That's going straight into puts

>>17924237
Do you think it's a monthly check?

>>17925280
Hopefully this is only a stepping stone for what the american people deserve, socialism.

There is already socialism for billionaires, why cant chuck in suburbia have it as well?

>>17924673
part of the point is to inflate the value of the dollar, because it's been dropping.

you're concerned about inflation as though it's a problem, but deflation will absolutely fuck the economy. the Fed and any economist worth their salt is worried about that, which is a major part of why tactics that provide stimulus while also creating inflation are being used. If we overshoot 3% and hit 4% on accident, that's better than doing nothing and having the dollar deflate, and having the real value of debt possibly get out of control.

>>17925256
but that's exactly what the neocons want. they don't want to send checks out to people at all. only banks and jews get money from the gubbmint

>>17925358
Kill yourself

>>17925464
right politics were never about the people or whats best for a country, only how to line billionaire pockets the deepest with the force of government.

>>17924673
part of the point is to inflate the value of the dollar, because it's been deflating.

you're concerned about inflation as though it's a problem, but deflation will absolutely fuck the economy. the Fed and any economist worth their salt is worried about that, which is a major part of why tactics that provide stimulus while also creating inflation are being used. If we overshoot 3% and hit 4% on accident, that's better than doing nothing and having the dollar deflate, and having the real value of debt possibly get out of control.

>>17924139
Someone please address this

>>17925502
>socialsim for billionaires and corporations but not for joe america

kill yourself nazi.

>>17924224
>Wuhan coronavirus
Fucking based

Also why the fuck would it be people who worked in 2019? Wouldn't it be 2018? Considering this shit got big right before American tax season swung into effect I doubt most Americans filed their 2019 taxes.

>>17923917
uhhh
Do I qualify for a slice of the BRRRRRRRRRRRRRRRRR if I am a NEET cough I mean professional part time ebay seller/home remodel (for my mother) cough.

>>17923917
>ctrl + f 'taxes'
>8 results
dont you nigger ever get tired of hoping between boards and spreading your demoralization

>>17924549

Imagine you live in a house. You have a nice house, a pistol, some water and food. Now imagine a person twice your size comes to your door strapped with a Mini Gun pointed at your head.

Would you not give into his wishes assuming he won't blow you into pieces?

Thats why

>>17923917
>Turn on the UBI.

>>17924119
Probably means direct deposit

>>17924362
Just put it all directly into btc

>>17924427
Very little, as we’ll see before eoy

>>17924509
Imagine being this uninformed

>>17924126
>retarded gringo who wants to go live into third world countries with shit militaries, shit healthcare services and shit everything
And here I’m in South america saving money and getting my degree so I can get the fuck out of here and live in peace in your country. You’re retarded if you think you’ll be better of in Colombia.

>>17923917
how confirmed is this?

stores are empty. people will be offering their 2k checks and their mouths for loaves of bread by the end of next week, if you aren't getting a noose ready for each of your family members.... NGMI

>>17923917
brrrrrrrrrrrrrrrrrrrrrrr

>>17923917
Holy shit we are FUCKED

>>17924050
>colombia
I have family that lives there unironically, you don't want to live there when SHTG unless you live in a concrete fort.

>>17925858

Shhh. please just let him go.

>>17923993
>Bernie
>Not Yang
Get a load of this goy

>>17924420
I made a financial decision not to have four kids that I couldn’t support. Give me my fucking money.

>>17925909
you ok i know its cold out

>>17924591
that's not the real plan retard. it's two checks for a grand each and that's it. we're not gonna make it.

>>17923994
In Europoor they only give money to banks and and corporations lol

>>17925503
tell that to the national socialists. far right populism is coming back, hard.

>>17926523
see
>>17924831

>>17924427
World's reserve, but not for long now
This doesn't just inflate the US, but also other countries which have most of their reserves in USD
Those countries will get the inflation from the US, this is why people say the US exports it's inflation to other countries, and not just that, they will also deal with their own inflationary pressures
After that odds are that trust in the USD will be seriously eroded and the jump to gold (or RUB/CNY but that is far fetched outside of Russia/China closest allies) will further accelerate, further devaluing the USD when it gets dumped in the markets, and thus increasing inflation
By then the USD will zimbabwe tier

>>17924394
>>17924452
>>17924676
>>17925216
>>17926008
Same shit retards. With Bernie the handouts would just be in a different form and more numerous

>>17924558
should had renounced to your citizenship like any non retard expat does

>>17924142
Imagine that, only people who square themselves with the system get help from the system, huh, really gets the old noggin' joggin'.

>>17923917
>>17924054
>>17924588
>>17924940
>>17925243
>>17925892
I can't find this from any official source, I found the pdf via. novoco (https://www.novoco.com/sites/default/files/atoms/files/proposals_to_help_the_economy_during_the_covid19_crisis_031820_0.pdf)) but not via. house.gov or any other official source.

>>17924142
This guy is right, it says its from Maxine Waters in the title, to the Democrat House of Rep.

This really is a clown timeline. We would rather forcefully unemploy millions of able bodied workers in fear of spreading a virus that will kill less then 1% of the geriatric population.

>>17925729
This. I wonder if they will fuck with Coinbase so this doesn't happen :^)

>>17924062
no, we have just reached this level of memes

>>17927324
>less then 1% of the geriatric population
That's at least 15% for the US senpai
Though you're right, getting 15+% of the pensioners killed would do wonders for unfounded liabilities (ie. pensions) on pretty much every country in the world

>>17924420
hm, I wonder what the societal value of one unmarried programmer in his mother's basement versus some single-mom-whore with 3 brats. Really makes you think

>>17927220
https://www.youtube.com/watch?v=LMORMliBd4I

>>17927324
It isn't about saving lives. The virus is the scapegoat for the economic depression we're heading into as a result of politicians, the fed, big corporations, and banks inflating our entire economy into a bubble. The same is true for pretty much every major economy/government in the world. When the dust is clear we'll blame a virus for all this and not them. Meanwhile they're all making a killing as this planned collapse continues.

>>17927399
You forgot the part about blaming Trump and other nationalist/populist governments/leader
Not that Trump is either, but the media has pushed that narrative extremely hard

>>17923917
Anyone with more than a $1,000,000 worth of assets (including the equity of your home, and your 401k), is not eligable. Sorry middle class. This is for poor people only.

>>17927399
Agree. Remember h1n1. ? 2009-201O

500,000 deaths wordwide and no closings of stuff I usa

>>17923993
I'm kinda realizing something else...

>>17927445

>Thinks Trump isn't a nationalist

Professional_Retard.jpg

>>17924673
Man, who gives a fuck at this point? Schlomo and wall street gets POOOMPED every other day by the FED, might as well have the people get a slice of the hyper inflation for once

>>17927474
>middle class
>one million dollars in assets

lmao

found the silver spoon cunt who has called himself middle class his whole life

>>17927474
Wait, what if I live with my parents, but I as an individual am a poor as fuck student?

>>17924420
FUCK single mothers

>>17924014
markets can stay irrational longer than you can stay sane :^)

>>17923917
How does this affect my Bidesk / BDK bags and the Asian economy tho? That's what I want to know. BRRRRRRRRR

US debt is gonna be insane once this is over. Tax cuts, helicopter money, stimulus packages.

>>17927516
>thinks doing the best for the interests of Jewish people (a minority in the US) and for Israel (not even the US at all, an actual enemy that has killed hundreds, possibly thousands, of americans)
lmao, gb2 reddit fucking tourist

>>17925654
>>17924549
>>17924643
even that is a shit example imo. America fucks you up in ten different ways. They will encroach and envelop you in every way possible, from economic entanglement/dependence, to diplomatic pressure, to military presence, proxy wars and clandestine ops. Every card that can get played gets played.
America is a modern fucking empire as a result of decades of this. Modern empires don't go out without apocalypse level shit going down. World's kinda locked in a stalemate as a result, chess game isn't being played on a public bench anymore.

>>17923917
>a money financed fiscal program
Just say money printer kek.
brrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

>>17927735
Yet the dollar is strengthening. Chinks, Japs, and Eurofaggots will keep buying dollars.

>>17924142
>not filing taxes from the $20 you found on the floor
get fucked cunt

>>17927635
Someone did, at least.

>>17927780
ain't it funny. you realize you can afford to print money because Europoors and wongs will flock to USD for liquidity safety net anyways

>>17927696
Japan is brrrrrring hard and China has steadily increased brrrrrrring
>>17927780
Gold and silver keeps dropping
The same happened during 2008, institutions exited for USD hoping that it wouldn't last long and that they would get cheapies before inflation kicked in
It didn't so they started running for gold and silver, the run lasted up to 2012

are you eligible if you already get gibbs?

>>17924443
Nukes aren't real

>>17927826
see>>17924831

>>17923917

whats everyone spending their trump bucks on?

>>17927933
i will wait till its in hand before i make plans

>>17927933
Puts and 3x short ETF's

>>17927933
My taxes.

>government gives me free money
>give it right back as part of tax due rather than my own labor earned income

heh, nothin personnel, IRS.

>Suddenly fiscal conservatives are good with gubbermint handouts

>>17927933
Gold and guns. I'm not wasting that shit.

>>17928016
>fiscal conservatives
>trillion dollar deficits before the crisis with no end in sight

They’re trying to float the asset bubble. This isn’t to provide for people in times of need, this isn’t because of COVID isolation procedures. This is because we are entering into a Great Depression and they are trying desperately to not let prices fail. They’re printing money so idiots can continue to make car payments on their $35,000 F-150s, rent on their overpriced apartments, and buy the new iPhone.

We don’t need gibs, we need to let market reality sink in that people cannot afford these inflated prices. Supply and demand. The excess of supply will lead to falling prices. Yes it will cause massive deflation. Yes it will cause a Great Depression. Unemployment, credit crunch, stagnant wages, lack of investment... But this NEEDS to happen. An aggressive asset bubble will pop and turn into an aggressive deflationary period. It’s a sine wave. Zenith and nadir.

>>17923993
Bernie would just take white people's money and give it to nigs then say platitudes like white people don't know what it's like to be poor as he goes from his merc to his third mansion being a career politician his whole life never providing anything of value.

>>17923993

>>17928057
>from his merc to his third mansion being a career politician his whole life never providing anything of value.

It's funny people say this when Bernie's one of the poorer senators in the senate given how long he's actually been there

>>17923917
fiat is debt, budgeting is an undefinable term, taxes are interest

>>17928049
will there be a currency reset, or is this a overly simplistic view? is currency reset ever possible with stalemate that US empire is in?

>>17924139
If you haven't filed taxes last year you don't qualify

>>17923917
I'm going to be a richfag soon

>>17923917
Won't this devalue the dollar?

>>17923917
I cant wait to have all that money for three days before the dollar collapses and it becomes worthless.
Should I spend it on Bitcoin, Gold, or a new PC?

>>17928007
a true white man answer if I ever saw one.
I think if you're a taxpayer (ie you don't get a return because your part time job is cleaning urinals), you probably won't qualify for federal welfare anyway

>>17928304
Yes, congrats you are a better economist than anyone in D.C.

TO HYPERINFLATION AND BEYOND

>>17928304
>>17928348
don't forget that rest of world is flocking to USD as liquidity safety net, money market wise

may still be a bit until consequences shake out

>>17923993
Romney also backed this.

>>17923993
>yang gang and trump stumps getting 2000 a month
>berniefags holding the bag

NO REFUNDS

>>17924142
why wouldn't college students be included? I file taxes on my job and stocks. is there an actual reason why they would exclude students?

>>17923917
I have to say is sort of feels good to see that happening finally happening.

holy fuck, Rand wouldn't make this shit up in her dramatic fairy tale books.

MEMES ARE REAL

>>17923917
PELOSI IS BLOCKING OUR NEETBUX

DEMS ARE FURIOUS THEY ARE BEING OUT DEMOCRATED AND OUT GIBBED BY 4D CHESSLORD TRUMP

>>17928438
I just want my neetbux....

Just invest that money into free Healthcare because your country sure gonna need it in April. The poor will start dropping like flies because of this virus.

>>17928304
only once industry starts buzzing along normally again, at the moment there is a major liquidity crisis at all strata of society: corporate finance, mid-small business finance, commercial and retail lending/finance, and fucking retail/consumer goods and wagecucking, normally wagecucks cuck for money with which they self-sustain and consume, but they are currently getting no wage because they aren't cucking; if supply lines don't lock up (which they probably won't because the current sentiment seems to be that essential production industries must continue to function (food and similar consumer goods) and because if roads and rail lines are closed it's not too complicated to keep them open for shipping purposes only) then there will be excess supply on shelves and no wages to consume them with, this will cause prices to DECLINE rather than INFLATE (supply exceeds demand), the feds are stepping in to provide a pseudo wage while wagies are out of work, when things return to normal we will however see inflation unless the money supply is appropriately contracted by increasing the fed runds rate and taxes, no inflation for now but this sets an insane precedent

>>17928365
Yes, Its called Dollar Milkshake Theory. Gold is the long game.
https://youtu.be/2qTOWuL7Zco

I haven't filed my taxes in several years.

>>17928438
>PELOSI IS BLOCKING OUR NEETBUX

The hell are you talking about? This is the proposed democratic-led house bill which includes neetbux

>>17923917
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>confirmed
>"proposal"

>>17928438
>(((interest)))
there's that word again...

>>17928438
Holy shit, I'm actually kind of left and already hated her, but this really pisses me off. If I don't get my Trumbux I will literally vote for Trump instead of write-in for Bernie.

>>17928537
>$24,000+ a year no work required
>suspending credit payments

Holy shit. Fucking fast track to Brazil.

>>17928593
>If I don't get my Trumbux

The picture in OP is a house-led proposal from the democratic side of the house m8

>>17928537
I know that something drastic has to be done, but this will cause the already enormous household debt bubble to explode.
The people that need the help listed here are the least capable of being responsible with it.

In 6 months when all of this is over the amount of foreclosures, repossessions, and bankruptcies will make 2008 look like nothing.

>>17928537
no lol, thats the retard maxine waters niggerbitch who wanted to outTrump Trump with gibbs. the other dems arent backing that yet

>>17928599
>giving trillions to banks and kikes
>gud

>giving money to people in time of a world crisis
>bad

>>17924845

they're not gonna mail out checks, that would take way too long. they'll do direct deposits. you'll probably just need your SSN and last years AGI on your tax return.

>>17928615
>The picture in OP is a house-led proposal from the democratic side of the house m8
I know that's what pisses me off, first they cheat Bernie now they cuck everyone, Liberals are wort than Fascists

>>17928661
have you considered the possibility that that poster wants neither? or are you too cucked to imagine a country without welfare for the rich or for the poor?

>>17928692
>it's cucked if you stimulate the economy by giving money to people who literally cannot work due to an epidemic that has forced mass closures in every industry
the absolute brainlet subhumans who post on this board. holy fucking kek

>>17928729
>just print money and give it to random people lmao
enjoy giving even more welfare to niggers, dumb trumptard

>>17924420
/g/ BTFO

>>17928661
Both are bad.

>>17928618
yea, it should be targeted directly to people like me. buy stupid shit that isn't necessary like figures, longswords, and audio gear. but make sure I have at least $1500+ in my account at all times and always pay my credit charges on time.I will stimulate small niche businesses and not go into dept.
people hording toilet paper and paying bills that they couldn't even afford before this shouldn't get anything.

>>17928754
it's literally what the government has been doing for decades. printing trillions and giving it to random businesses and millitary contractors.

kill yourself, kike.

>>17928774
nice way to move the goalposts retard

>>17928618
I hate to be a pessimist but this is what’s going to happen anyways. They are delaying the inevitable, responsible citizens or not. There are millions and millions of people with subprime FHA mortgages, private student loans, store credit cards, 84 month car notes, overpriced rent, and electronics on payments who have been hovering on the knife’s edge for the past decade. When the underemployed become the unemployed, it’s all going to fall down.

The gibs are meant to give us peace of mind and plausible deniability when the inevitable happens. The working poor and over leveraged middle class are doomed, regardless of whether they ‘responsibly’ spend their gibs making on time payments for all of their debt. The smart move, sadly, is to spend it all like they found it in the road. That way they can more easily file for bankruptcy.

>>17928618
Didn't subprime came back stealthily some years ago in the form of new structured instruments?

>>17928785
>welfare for banks and jews
>GUD

>welfare for people in a crisis
>BAD

tick tock, kike. your time is coming

>>17927933
If it happens I'll probably pay off what little debt I have and shunt the rest into savings

>>17928754
The unfortunate part is that if it keeps niggers from rioting and causing chaos then it is worth it

>>17928814
You can't even read do you? Or are you too much of a fucking reddit-/pol/ tourist to understand id's? See this post fucking retard and check the id >>17928692
>>17928826
Well, that's true, even then just sticking it to everyone instead of brrrrring away would be way better, this only encourages irresponsible people to not change their ways, specially on the corporate level

>>17928188

>One of the poorer millionaire career politicians

Comrade....I...

I wonder how they are going to handle the business loans? I am a business owner, haven't made a dime off it but if i can get my hands on some real low apr loans I'm gonna make it.

>>17924831
This

>>17924918
I can imagine they set up a website and you can put your bank info in, or they make up so form that you can send to the irs. No idea how'd they do it.

I've been mostly unaffected by this crisis. I work for a small auto body shop (just two employees, me and my cousin who owns it) and I havent lost any work or been sick. I made ~26k last year, I rent a room from my mother and stepdad (my stepdad might actually have it, hes got all the symptoms we're waiting for test results.)

What are the actual chances that I'm going to get free money?
I have a little under 2k saved and this free money would put me like 6 months ahead on my plans to get my own place.

If this is real then coronachan is my hero.

>>17927474
Should be anyone who makes over $100k is disqualified.

>>17926943
UBI works better with a capitalist system since it works into the existing framework for consumer leverage and competition.
Government programs to directly provide goods have an immense amount of overhead with administration costs and are often attempting to undercut existing industries which causes a ton of friction

Really though why is everyone calling it Trumpbux when this proposal is from the house financial committee?

>>17927445
Well they’re blaming him for being incompetent and trying to divert blame for the virus rather than blame him for being nationalist

>>17928981
Because this board gets retards from /pol/ who want to say the market is bullish when it’s clearly fucked or say the virus isn’t that big of a deal or that the economy is fine

>>17928981
Because [current president] is responsible for everything.

Screenshot this post, you can use it for the next infinite years to respond to questions like yours.

>>17924420
Of course this kike would want the trump gibs to only feed crackwhores nigresses and their demonic spawns. Certainly not the ones contributing the most to society, especially not incels in mom's basement.
Funny how the boomkikes never tried to wonder why young adults can't afford a place to live nor why celibacy is exploding among them.
Because it's all on purpose, it's neomalthusianism, a form of societal darwinism our elites are putting in place since the 50's.
Daily reminder even in times of need nothing is more important to (((them))) than the khalergi plan to extinguish the white race.

>>17923917
Is this bullish for chain link?

>>17927474
>more than a million in assets
>middle class
Ok retard

>>17924142
>no NEETs, no college students
Good.

>>17929064
remember a house is an asset. if you are straight middle class and you have a decent home and invest in the market you're probably getting real close to 1m. if you are upper middle, you are definitely hitting 1m.

>>17923994
>for free
They're just gonna give us back what they take in taxes and print the rest for poorfags who didn't pay at least 2k.
>don't give me my money back or you're a socialist
Lmao get a load of this absolute retard.

>>17929123
Its only an asset if you own the home.
If you're 10 years into a 35 year mortgage on a 600k house, you're still in massive debt.

>>17923917
I'm not from the US. Be honest with me... Is this going to trigger an hyperinflation?

How would they even distribute this, logistically speaking? Are they gonna print 300 million checks? Can the usps even handle that right now?

>>17929225
The same way they distribute tax returns lmao

>>17929225
they are going to send it in form of toilet paper rolls. better hope you have a spare garage because you're getting about 2400 rolls.

>>17924420
>it's real
Fucking christ these simps

>>17929225
how is mailing this any different from the census, or tax returns?

>>17929209
In my opinion, it’s only a matter of time until the collapse of the U.S. monetary system

buy the dip you stupid fucking idiots! buy you retarded goyim!

>>17929240
Tax returns are spread out over several months, I got mine in early february and some people havent even filed yet. From what I understand they're trying to do this very soon and give it to everyone at the same time or within a short period, and then do it again shortly after that.

I'm guessing they'll probably have some website where you will be able to go and have them direct deposit instead of mailing it though.

>>17924584
Oy vey!!!!

>>17928514
the internet is really fucking magical. my little observation has a 21 min video that expands it and frames what is happening. Thanks

Sorry goy, you didn't EARN IT

>>17929442
nah, it's too late bro, everyone has hop aboard into the hype train.

>>17929442
someone go cough on this boomer already

>>17924420
FUCK YOU COCKSUCKER ITS ALLLLWWAAAYYSSSS THE GODDAMN ROASTIES AND THEIR MUTT BABIES THAT NEED LOOKED AFTER

>>17929442
Why has this woman had so much power for so long? Is there no term limit on speaker of the house?

>>17923917
Will this fuck the economy even more? Can someone explain the side effects this will obviously have?

>>17924420
complians the money should go to her family completely ignoring the fact the nerd in the parents basement is a family also

>>17929790
They're not printing new money, theyre taking it from tax revenue.

The biggest impact will be the federal budget next year.

>>17928514
Based if true.

>>17929878
english pls i don't know what you this means at all

>>17930015
The money that we give the government (taxes) goes into a big pile. From that pile, they're going to make a smaller pile and give the money from there back to us. The original pile of money is now smaller and thus can only be used for less things than originally intended.

>This provision would also prevent payments from going to millionaires and billionaires.

How do they decide who is a millionaire? Grossed in 2019? What about 2018? or just how much I have in my savings account?

>>17930091
combined assets

>>17930091
It's most likely probably going to be based someway on salary or annual income, not net worth. Net worth is too vague and inaccurate. Does owning a $2.5M inherited house make you a millionaire if you still work at McDonalds? Most people would say no.

>>17930091
If you have 1million in combined assets and you can't last a few months without daddy NEET bucks you're a fucking moron and deserve to starve.

>>17924730
Hes very likely to explode into success

>>17930139
that's not the point, I don't disagree but it's simply a question regarding matters of principle. But you're right it's probably combined assets.

>>17927391
3 bad programmers are always worth more than 1 bad one

Organizer of the motion in Tachyon must do well in defining the goals of the action to present the value to the community and come up with a
realistic time of delivery in order to improve their reputation.

>>17928513
good post

>>17923917
I feel like a world war is coming

>>17925175
that's a war declaration enjoy your last days here

>>17924847
Welfare use per capita, stop parroting that liberal trope. Most of the country is white, but blacks per capita are serious users of welfare

>>17929442
Easy for that fucking wop whore hag to say, considering the 100s of millions she has for never working a day in her life.

>>17924055
So? Why Americans don't have savings? I could last 2 years just on my cash. If I start selling my investments I could live fine for 20 years.

>>17923917
Can you take this money and live overseas?

>>17924139
Don't worry they will give you two hot meals a day in prison

>>17925515
Is deflation also bad because it lowers incentive to spend and keep money moving in the economy?

>>17930686
based

>>17930701
Your choices are limited. Most countries are closing their borders in some way or another.

>>17923993
or fucking trump because he fuckign did it you tool shithead

whats up with democrats being so anti-pragmatic. even when trump instill the plan you guys are like "yeah but bernie"

jsut fucking admit trump is about love. most of the /pol dudes are wrong or they are more pro iran than pro america

youre right vitriol is bad but trump hasnt ever done it

>>17925515
They could also hop into the hyperinflation train.
Once thing I learned in macroeconomics class is that inflation is partly driven by anticipations of inflation and once you're in a cycle of excess inflation it is very hard to get out.

>>17923993
Fuck leftoid democrats. With Trump,
>Get free money
>Get to keep 2a and 1a rights
Kill yourself kike. We win.

>>17924142
This is based as fuck. Illegals get nothing.

Trump is the most based man on earth.

>>17930699
They say the average middle class American has less than 500 bucks available for emergencies

>>17923917
This is too much this lunatics are going to triplicate the monetary base the usa achieved in 107 years in just 3 months.

This is venezuela tier and i am not even memeing.

>>17927744
>hurr duurr
I doubt trump has any sympathy for our plight retard, but lets imagine he did for a minute. he gets on the stage and starts ranting about the jew. what does this accomplish, the fact that you feel a bit better while his approval rating nose dives due to normies?

>>17928599
Venezuela , check the usa monetary base and do the math how many gibs they are planning.

This is insane.

>>17931213
>it's ok to suck jewish cock
gb2 reddit rabbi

>>17931235
>Okay
nice shoe horned strawman jew.

>>17931268
>nooooo you can't call outtttt trumperinooo on bailing out the kikessss, anything but the jewishhhh peopleeee, they're the greatesttt allyyyyy bailouttt the bankers and corporates NOWWWWW
kill yourself literal kike

>>17931202
>>17931214
And for those that don't think this is venezuela tier read all of this shit

https://en.wikipedia.org/wiki/Basic_reproduction_number

https://en.wikipedia.org/wiki/Spanish_flu

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

https://www.politico.com/news/2020/03/17/coronavirus-1-trillion-emergency-stimulus-133821

https://deadline.com/2020/03/fed-cuts-rates-to-near-zero-launching-700-billion-quantitative-easing-program-1202883922/

they have lost their fucking minds , they should be doing like china and shut everyone inside and contain this.

Not planning 2 years of inflationary gibs that will make zimbabwe look like a conservative monetary policy.

This is too much and i mean for real it's very very bad.
The weimar meme will be real soon if this guys don't do the math of what they are doing , they should go full war planning against the virus.

Not preparing for an economic 2 year attrition war that will destroy their economy.

>>17931307
>they have lost their fucking minds , they should be doing like china and shut everyone inside and contain this.
For the state it is unironically better to not contain this, imagine how much less the pension liabilities will be if 5+% of the boomers get wiped out
That might be why they didn't enforce quarantines as fast as worst korea

>>17931105
Trump plan should be changed to withholding the first check and instead sending a copy of The Richest Man in Babylon.

>>17931347
Yes and the inflation would evaporate debts, but they are dreaming if they think china will tolerate 2 years without international trade.

They depend on food imports as far as i know if the usd inflates and they can't trade they will create their own paralel system.

Yes it's radical but they will be cornered , it would be foolish to think they could not do their own "bretton woods" without the usa , they got iran and russia for energy on their side , brasil and argentina(where i live) depend on exports to import lot of stuff and china could get them in since they need food, india already fucked with their demonetization shit and will be under serious recession so they would not go against china.

Fucking hell with semiconductor demand collapsing even taiwan may join china, this is such a shitshow.
On top of that japan economy was already collapsing due to increasing taxes last year.

The eu may preffer the usa but if the usa goes full retard (plus isolationist) they could join the chinese system since they seem to be pissed of us sancitons to some degree.

Then you have memezuela and saudi arabia that god knows if they can resist this oil price , memezuela is so fucked up that even the chinese may left them and saudi arabia can do this shit because they have a ton of investments , but if they investment wealth hyperinflates they will be exposed.

This is the shitshow of the century , forget 9/11 , this is the prophesied fourth turning.