/biz/ - Business & Finance

>>51263699
That chart is very inflationary. Higher loans is inflationary because more debt is being created.

>>51263729
>debt
>inflationary

>>51263780
It is tho

>>51264040
Debt is literally negative money

>>51263699
>2019

>>51263699
Where the fuck are people getting loans for 300,000?
I can't even get my credit limit increased and I have an 800 credit score

>>51263780
OP, you don't know shit about money, do you?

>>51264049
Taking a loan means the money is created for it. Paying back a loan. Money is destroyed.

>>51264117
It also means that 50 million American households will be paying down an average upwards of $280k over the next 30 years

>>51264049

your debt is someone elses asset. disregarding that banks create the money from nothing still doesn't mean that debt is a negative on the system

>>51264049
Holy fucking midwit
I hate having such high intelligence because I have to deal with retards like you everyday

>>51264188
It's an asset because I'll be paying back my debt. Money paid back is money that exits the pool of available cash. Which is deflationary.

>>51263699
>200K in 2008 is equal to 280K from 2019
Now post the data for 2020 and 2021 and 2022

>>51264049
I would kill people like you if I could get away with it.

>>51264206

once you pay it back they will lend to someone else, only rate increases can shrink the banks ability to lend. you personally paying back your loan does nothing unless they cant afford to underwrite a replacement loan

>>51264209
I never said regular inflation wasn't coming/isn't here.

>>51263780
uh oh, you're retarded

>>51264227
>once you pay it back they will lend to someone else
And people had finished paying it back before I was lended it as well.

>>51264049
Congrats you’re dumber than a nigger

>>51264145
loan taken out = money created
loan paid back = bank gets money
that money is not destroyed

>>51264240
no, that anon was wrong. the money was created when you borrowed it.

>>51264253
>loan taken out = money created
Yes.
>loan paid back = bank gets money
>that money is not destroyed
No. The only money they net is interest on the debt, plus assorted fees (which comes out of my pocket).
>>51264261
And it was destroyed when I paid it back.

>>51264253
wow infinite money glitch! no wonder us inflation is so high! hope they can find out a similar trick to inflate your IQ

>>51264287
>>51264299
lmao fucking retards. I hope for your sake this is bait.

>>51264058
you must not be a minority

>>51264049
Kek what an absolute retard

Things are going to suck no matter how they handle it

>>51264049
If you put your money in a bank, that money is a liability to the bank because it's money they owe you. So bank liabilities (specifically deposits) are part of the money supply. When a bank lends money, it debits a loans receivable asset and credits your deposits. The loans receivable aren't part of the money supply, but the deposits are. Banks lending creates money; contrary to popular belief, they don't need to pull from reserves to lend out money. They have reserve accounts but those are just used for things like interbank transfers and withdrawals. This process is inflationary because when you buy something with debt, you aren't limited by how much money you have, but by how much banks are comfortable lending you. Notice how real-estate, college, and healthcare are all industries with a heavy debt-component and even government guarantees which give people virtually unlimited credit, and these are some of the most inflationary. Paying off debt is deflationary because the bank debits your deposits account (takes your money) and credits its loans receivable account.

>>51264049
debt = money

>>51263699
>>51263780
>>51264049
>>51264145
>>51264206
>>51264231
>>51264240
>>51264287
>>51265543
Holy shit kill yourself faggot shitjak.

>>51264049
Printing is negative money. When the fed makes and distributes a 10x10 sheet of $100s, the value of all dollars goes down by 10 grand.

>>51268661
This is retarded. I don't want money less because someone in Hawaii has an extra buck. Expanding the money supply only becomes inflationary when you do it so much that you raise demand for goods and services beyond what can actually be supplied and start a bidding war. Following your logic, an island full of starving people would pay you less for a second sandwich after buying the first, when in reality they'd pay gouged prices until they were all fed.

>>51263780
Back to Plebbit and CNN trump hit pieces goy.

>>51264206
LOL 4chan is full of retards confirmed by this thread.

>>51270222
Was just about to say this