/biz/ - Business & Finance

>>26429764
I scrubbed OP's sister's asshole with a chimney sweeper coated in castor oil.

Do what you will with this info.

>>26429764
>Support at imaginary line
you said the same at 35k and 33k

>>26429764
That's what I thought yesterday when selling at 29k.

>>26429764
You are not taking in to consideration the Biden administration and their up coming clamp down on Bitcoins..........................it's gonna crash hard when they do

Looking rather weak

>>26429764

>>26430004
priced in last year
usd going up this year long it

>>26429968
Yeah old woman yellen is really going to shake it up, lol.

>>26430065
>abandoning inflation targets to target whitey.

>>26430065
>USD is going up

Compared to other fiat maybe, but not assets you fag.

>>26430114
Lol! They're seriously putting a racial element into the charter of a central bank? America be fucked.

>>26430004
>idon'tunderstandhowinflationworks.jpg

>>26429968
this

>>26430193
It's on their front page
https://www.newyorkfed.org/

>>26430196
>hebelievestheofficialinflationnumbersthatdontconsiderassets.Jpg

>>26430196
30% in a year isn't good.

>>26430257
no, I'm just not retarded and look at velocity. But enjoy losing it all when inflation expectation weans.

>>26430231
How long before whitey pays more tax?

>>26430292
Merge the Treasury and Fed as you lock everyone down
Crash the velocity
Print trillions
...
Profit?

>>26430292
They're basically doing helicopter money at this point. How will volocity not go up?

>>26430114
lmao only in muttland

What will people do with bitcoins since they cant use them anywhere?

>>26430281
The fed bought bonds from the most cash secures companies and stopped when inflation expectations jumped past their targets. Now and for months now they just buy long dated treasury bonds. But go ahead, do tell me how QE is just super mega inflationary even though it's been done 4 times in the US already and yet the dollar still exists.

>>26430193
this is so surreal.
why not also make them be charge of quality homebrew beer production and sexual education of minors?

>Past data is not indicative of the future

NGMI

>>26430306
It'll be done in a round about way where they redistribute money to everyone except white men.

>Joe Biden: "We will make sure our emergency small business relief is distributed swiftly and equitably, unlike the first time around. We're going to focus on small businesses, on Main Street. We'll focused on minority-owned small businesses, women-owned small businesses."

post short

>>26429833

"when fascism comes to america, it will be wrapped in the flag and carrying a cross"
when communism comes to america, the fed will buy up private companies with money printed out of thin air.

>>26430378
MMT kills any organic growth in the economy.
It'll continue to pump major corporations while small business owners, especially white businesses owners, are put out.
There's no way to compete anymore with all the funny business going on.

>>26430356
helicopter money doesn't matter if the people getting it are poor as fuck and use it to pay back loans. Most of the money being "Printed" through QE is bank reserves. They are not cash that circulates. For the money to actually start printing, banks need to lend a fuck ton using those fed reserves as collateral.

>>26430446
kek

>>26430543
Oy vey goy buy a house it'll never crash!
Buy 10 and rent them!

>>26429764
Who's gonna print money for bitcorn this time? Tether ? :) Oh wait, lemme think.

Right, logical. Money iwll just add up with percentages as maths do, not taking consideration that it's real people behind adding money into a coin, nah, a multiplier will just work no worry. bitcoin soon one trillion dollar

>>26430378
>Creating trillions from thin air
>Asset bubbles everywhere

Yes this is completely fine - dollar stronk.

Also they're basically directly financing government debt with printed money.

i always dreamed of one day moving to the usa...
then came trump and i was like "fuck no this is retarded... a fucking golden retriever would make abetter president!!"
but now the dream is truly dead.
like obliterated. the us went full retard finally.

Whatdaya mean reserve requirements?

https://www.federalreserve.gov/monetarypolicy/reservereq.htm
>As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

We don't need reserve requirements, just lock everyone down instead.

>>26430767
where can i find the actual daily number of fed printed dollars? iirc it was like 100-200bn last march when they were reinflating they market, but where’s the actual daily value, and can i see how much of that is being given as relief packages to corps

>>26430934
I think their balance sheet is somewhat public, but the we were always denied a full audit.
When they removed the reserve requirements for repo market "interbank lending" the Fed was lending 1.3 trillion a night in March 2020.

>>26430654
nobody said it was fine. It's just not inflationary. Expectation is all it takes for asset bubbles to create, no underlying inflation.
>>26430767
The whole goal of the fed is to stimulate lending through whatever means they are allowed to. Money is created not through printing but through debt. All they do is provide a secure fresh reserve at fed dealers and ease interest rates and requirements for banks for do their jobs. If banks decides not to lend because they consider it too risky, no new money circulates, or even worse, loans are paid back and money is destroyed.

>>26431179
It's unfair and inefficient when they're targeting people based on race, and those in the closest proximity to the money printer benefit the most. (cantillon effect)

>>26429764
>we are here
>july 2016
Retard we are in January 2021.

>>26431368
>cantillon effect
the money doesn't flow into the economy you fucking dimwit. Do you stop for a second and even try to figure out how this system work or do you just sit in your house terrified of the outside listening to the same retarded libertarian radio host pump your ears with this shit 24/7? Please, go ahead and stay poor then blame the niggers and jews

>>26431819
>money doesn't flow into the economy
Yes it does you fucking retard.
The PPP loans don't even need to be paid back.
When corporations get in over their heads they get bailed out by the central bank.
You act like it isn't printing money yet the money supply is growing exponentially.
You're the worst kind of person defending these assholes.

>>26431179
>Money is created not through printing but through debt.

It is though. They buy bonds and treasurys with central bank reserves that they create from nothing.

you know where you guys fucked up?
when you put faith in a complete imbecile like trump. when you picked him (the fat retarded child) as your champion that's when you surrendered your country to the commies.

>>26432550
The fuck you talkin about?

>>26432329
they sell back bonds at auction at lower and lower yields and yet foreign banks gobble them up every month. >>26432249
you live under the illusion that the fed has an accurate count of how much USD is circulating when they do not. I'm not defending anything they do, i'm stating it as it is. You are too retarded to tell the difference. The Fed is woefully incompetent, and you are eating up their lies. When the USD flows out of the US borders, they have no clue what happens to it.

>>26429877
cope

>>26432722
>When the USD flows out of the US borders, they have no clue what happens to it.
Oh that makes me feel much better thanks for clearing this up.

>>26429764
no. I want to buy at that price so it will never go that low. It's always like that.

>>26429877
>biz is one person
Okay buddy

>>26429969
>he said after drawing invalid trendlines
Retards like you are why people think TA is a meme

>>26432697
i'm saying you should have went with this guy >>26431032

>>26429764
Please CRASH everything