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/biz/ - Business & Finance


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File: 278 KB, 2328x1118, Screen Shot 2023-02-05 at 16.26.46.png [View same] [iqdb] [saucenao] [google]
53585921 No.53585921 [Reply] [Original]

They'll be forced to pivot at some point

>> No.53585968

>>53585921
>they will be forced
no

>> No.53586028

>>53585921
World economy is crashing this year. Screenshot this. Check ‘em.

>> No.53586041

>>53585921
>They'll be forced to pivot at some point
Sure. In early 2025 or something

>> No.53586046

when's the debt deadline or whatever

>> No.53586103

>>53586046
We're technically right in it. They prolonoged it to June or something with shennigans.

>> No.53586120

What happens when interest on the debt exceeds gdp?

>> No.53586145

>>53586120
Nothing.
Japan or Greece have been limping on with obscene debt ratios for decades.

>> No.53586147
File: 61 KB, 1168x450, 1652949988871.png [View same] [iqdb] [saucenao] [google]
53586147

>>53585921
You wish, retard.

>> No.53586162

>>53586147
this chart is lagging data as its updated yearly

>> No.53586178

>>53586145
A sensible comment on /biz !
I came here to laugh at morons (like op), please don't ruin it for me.

>> No.53586191

>>53586178
He refutes his own comment, you dumbass

>> No.53586201

>>53586120
that would b high but isn't a meaningful level since those two are not related

>> No.53586204

>>53586145
japan is unique and greece is a shithole

>> No.53586213

>>53586204
Also look at Japans stockmarket. The US would implode with a stockmarket like that

>> No.53586236

>>53585921
hahahahahhaa
the mumu pivot cope

>> No.53586499

>>53585968
Actually yes because we have no savings so to pay the interest we have to print money. They will unironically ruin the dollar if they DON'T lower the rates soon.

>> No.53586522

>>53586204
>japan is unique and greece is a shithole

America is a shithole too.

>> No.53586564

>>53586522
Meh.
I know it's edgy to say this, but only urban areas are shitholes.
Most places are very nice and comfy.

>> No.53586584

>>53586499
Lol, you are utterly clueless.

>> No.53586591

>>53586499
>he thinks the federal budget is like his bank account

>> No.53586604

>>53586591
>he thinks money printing is complicated

>> No.53586713

>>53586591
>>53586584
They have to print money to service the debt.
How is this clueless.

I've forgotten more about the fed than you two ever knew.
Raising rates DOES NOT reduce the money supply that is actually in circulation. The practical effect is that more is printed because of the budget deficit.

Last time rates were up there wasn't a deficit this size. Back in the 70s there wasn't even a deficit.
If you have a 4 trillion budget and all of a sudden 1.5 trillion is needed for interest.
GUESS WHAT?
They print another 1.5 trillion so they can spend it on their programs.
You seem to be forgetting the government spend part of the equation.
You think they are going to stop spending?

>> No.53586733

>>53586145
Japan have 0 interest rate for that same amount of time too. And they can't raise rate for that exact reason. It's not a good position to be in as it continually weaken their currency

>> No.53586742

>>53586713
>They have to print money to service the debt.
No, they don't. That's remotely not how it works. Only private banks can print money, not the government.

>> No.53586752

>>53586742
Fucking kek.
I said "they" and I meant banks.
THE BANKS RUN THE GOVERNMENT.
Are you fucking twelve?
It's sad and hilarious at the same time to see "gotchas" of such simplistic nature.

>> No.53586762

>>53586713
>You think they are going to stop spending?
I think they don't have a choice.

>> No.53586763
File: 7 KB, 244x207, WarTIme.jpg [View same] [iqdb] [saucenao] [google]
53586763

Isn't the only way out of this to go to war with China and eliminate our debt holders?

>> No.53586775

>>53586742
Here dude.
https://www.youtube.com/watch?v=BrKf9nYeXT0
>All Wars are Bankers Wars
This will at least give you a basic understanding of who runs the entire show.
>the government
lmao

It's no wonder we are ruled over so easily when brainlets like you argue as if these things are independent of each other.

>> No.53586785

>>53586564
>>Meh.
>>I know it's edgy to say this, but only urban areas are shitholes.
>>Most places are very nice and comfy.

>Cities filled with lawless spics and niggers
>Everywhere else is poor as fuck and addicted to opioids and meth
>The suburbs are soulless identikit wooden sheds owned by sportsball fan consoomers

Yeah, I'm sure it's very 'nice and comfy.'

>> No.53586792
File: 297 KB, 844x938, 1671028608289276.jpg [View same] [iqdb] [saucenao] [google]
53586792

>>53585921

>> No.53586795

>>53586762
So no. Thanks.
It's more graceful to say "Thank you for point out the flaw in my reasoning."

>> No.53586797

>>53586752
Now you are just talking nonsense. In the unlikely case the government can't afford to service its debt, it will simply default.

>> No.53586811

>>53586763
Most debt is held domestically. Literally all the federal government has to do is tax as much or more than it spends. But the GOP are neocon retards who want to eliminate income tax while the dems are baby eating demons willing to sell the future to fund welfare today because it buys them votes they can use to kill white people.

>> No.53586843

>>53586785
Where do you live?
I see nice houses, nice neighbors, and chickens running around.
The USA is very large. Pointing out bad is very easy.

I live in a typical midwest rural county and it's very nice. At least 100 million people live this way in the USA.

>> No.53586864

>>53586811

Eliminating income tax will never pass, but I don't see a problem with it. Just tax luxury items up the wa-zoo, and maybe up tax on staple goods a tad to compensate. It's a matter of how they balance it.

>> No.53586868
File: 154 KB, 750x500, USpopulation.jpg [View same] [iqdb] [saucenao] [google]
53586868

>>53586843
>At least 100 million people live this way in the USA.
lol No

>> No.53586871

>>53586797
>In the unlikely case the government can't afford
You are missing the point. They CAN afford it, by printing up more money.
>hurr durr the banks do that!
It's all one cabal and quibbling over the nominal title of who pushes the button or starts up the press is irrelevant.
They will need money and they will create it.
The only way they won't need more money is if they stop spending it.
Not gonna happen.
So higher rates, equals more printing of ACTUAL money. Which in the future will also be subject to the fractional reserve nature of the system.

>> No.53586878
File: 230 KB, 1080x1462, IMG_20230205_130030.jpg [View same] [iqdb] [saucenao] [google]
53586878

>>53586733
Pic related. The only way to keep unsustainable level of debt affordable is with next to 0 interest rate on it. We are slowly reaching Japan's level.

>> No.53586890

>>53586811
>it's dumb to eliminate income tax
kek
Slaves LOVE being slaves. They can't help themselves.
>>53586868
There are probably 400 million people in the country. Your map doesn't have numbers or account for the illegal non censused.
Easily those areas account for 100 million.

>> No.53586901

>>53586864
>but I don't see a problem with it.
Because sales taxes are always regressive and, more importantly, could never come close to funding even the parts of the federal government we actually need.

>> No.53586906

>>53586890
The US is one of the most urbanized countries on earth

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

>> No.53586918

>>53586890
The income tax is the fairest possible form of tax other than corperate tax.

>> No.53586922

>>53586871
>They CAN afford it, by printing up more money.
No, they can't. Whoever told you the government can print money is ill-informed. If interest payments get too high, they will default. The last thing bankers want to do is destroy the dollar.

>> No.53586937

>>53586906
And this disproves raw numbers how?
And I care how retarded minorities live why?
Just face it that it's nice in a lot of places. Why go out of your way to "disprove" that tens of millions live in nice areas?

>> No.53586941

>>53586918
>govern me harder daddy
the post

>> No.53586953

>>53586922
just STFU

>> No.53586972

>>53586937
You're just making shit up. The vast majority of americans live in subburbs and cities

>> No.53586981

>>53586922
The US can print whatever it wants. We already printed nearly 50% of current currency in circulation two years ago and the USD is still the world reserve currency

It can't be brought down by interior factors only if other countries conspire against us

>> No.53586985

>>53586918
>fairest
Opinion with no factual basis
I say it's the opposite.
Where are we now in the discussion?

Now, to make a REAL point. It discourages production and saving because you are literally taxing production and earning.
>the power to tax is the power to destroy
So they tax PRODUCTION.
I believe that this is pretty straight forward in it's effect.
Less production.

I have a fairly large business and am openly discouraged from getting bigger because it's not worth it.
If I had a corporate rate I might consider it.
But I literally will not work over and above to have it all taken. Atlas shrugs at the income tax.

>> No.53587006

>>53586981
>The US can print whatever it wants.
Wrong.

>> No.53587009

>>53586972
But I said 100 million which doesn't fly in the face of your statement at all. So what the fuck are you even doing?
Are you a woman by chance?

Because you aren't arguing with what I said, you are making up something and then arguing against that.

>> No.53587023

>>53586953
>t. seething mongoloid

>> No.53587032

>>53587009
I literally post a link already, you nigger

>> No.53587041

>>53587023
Nah, your blatant ignorance of observable reality is just annoying, dipshit.

>> No.53587059

>>53585921
no they'll raise it by another 0.25 next time and they wont "pivot" anytime soon

>> No.53587076

>>53587006
right

>> No.53587080

>>53587059
thas rite

>> No.53587084

>>53587041
You are describing your own posts, dumbshit.

>> No.53587088

>>53586941
The federal government ought to be dramatically reduced, as should the tax rates which support it. That doesn't change which taxes are best.
>>53586985
>Opinion with no factual basis
But it is factual. Income tax harvests money from all people in line with the degree to which they can support it and, if not excessive, without affecting economic activity or putting anyone in the red.
>It discourages production and saving because you are literally taxing production and earning.
It's proportionate. You cannot get bigger and end up with less post-tax profit. You can only benefit by expanding the buisiness.

>> No.53587114

>>53587041
Name one thing I said that is incorrect. You can't do it because (a) everything I said is right; and (b) you're a colossal retard.

>> No.53587121
File: 2.24 MB, 2000x1125, cheyenne.jpg [View same] [iqdb] [saucenao] [google]
53587121

>>53587032
And that link shows USA at #36, hardly "one of the most" as you said.
And also, if you believe it FULLY, it shows 82% urban (looks at methodology) which is defined by the how the country decides to define it and is incredibly vague.

But if we do 350 * .18 (being extremely conservative) we still get 63 million living as I suggested. And this is giving you ALL you could ever count.
I think it's more like 400 million given illegal status and using google we get the US defintion of "urban" and it's anywhere over 50,000 people.
Lots of these places are EXTREMELY comfy and look just as I described.

So my spitball of 100 I believe to be very close having used even your sources of information.
You think Cheyenne Wyoming isn't comfy?
It's "urban" by official definition.
Go look up some photos.
Pic related. WHAT AN URBAN SHITHOLE!!!

>> No.53587145

>>53587121
Non-urban Americans should be exterminated. Most of America should be converted into a nature preserve.

>> No.53587150

>>53587088
Fair is not an objective term. Just give up and stop coping.

I do benefit by growing, but not in proportion to the work and investment necessary to grow.
So I don't. Instead I avoid taxes and do things that don't make me wealthier on paper but obviously improve MY life
Others, are then deprived of my highly productive nature that goes to my garden and not into my business.
See?

It's hard to understand when you aren't productive I know.

>> No.53587151

>>53587121
Noone fucking lives in Wyoming

>> No.53587154
File: 23 KB, 371x313, 1668665021561401.jpg [View same] [iqdb] [saucenao] [google]
53587154

>>53587088
>That doesn't change which taxes are best.
do it for israel, shartymarty

>> No.53587159

>>53586522
greece is uniquely fucked, and they did it to themselves. "pay debts" is an old meme. somehow, they keep getting free money from other countries and just dont give a shit

>> No.53587164

>>53587145
Funny that the opposite will occur though right?
I tend the earth. You concrete over it and beg for more supervision and bugs.

Aldous and you would be good friends. Except you are both wrong and the countryside is comfy as fuck AND has technology.

>> No.53587172

>>53587151
It has 65,000 and is thus officially urban BY YOUR OWN SOURCE YOU POSTED.
Cope you utter faggot.

Let me guess, you didn't even read your own source? Typical of faggots and brainlets.

>> No.53587181
File: 1.36 MB, 438x279, 1642191783683.gif [View same] [iqdb] [saucenao] [google]
53587181

>>53587084
>>53587114
Your posts are fantasy.
Observable reality doesn't support any of your claims.
No one is going to argue about your fantasy world.

>> No.53587184

>>53587164
That pic of Cheyenne suggests it is a soulless concrete hellscape.

>> No.53587195

>>53586713
This is correct.
If you think they will default instead of come up with a way to print money, if that's banks or govt or mickey mouse on a fucking Gutenberg machine, you are an idiot.
AND if they lower interest rates then its right back to assets going thru the roof.
This is the genius of the international, timeless jew.
Failure is baked into the system, no matter what happens. ALWAYS. And within 100 years of their control.
The best they can do is to use propaganda to change everyone's definition of what failure is, thus prolonging their failure.
Do you people understand this yet ?

>> No.53587203

>>53587181
In other words, you can't cite a single thing I've said that is incorrect. Well done, mongoloid.

>> No.53587206

>>53587150
Also a small business owner. I am in the same exact position. If I grow further I will get fucked by taxes. So I rather just dodge them to the best of my ability because it is better for me to provide for my family.

>> No.53587233

>>53587195
>If you think they will default instead of come up with a way to print money, if that's banks or govt or mickey mouse on a fucking Gutenberg machine, you are an idiot.
No, YOU are an idiot. The government will tax and borrow to service its debt. If for some reason it can't do that, it will default.

>> No.53587236

>>53587150
That you are satisfied with your current income levels is not a condemnation of income tax. In fact your suggestion that you would try to expand more if the additional profit you would recieve was not taxed sounds like a personal excuse to accept your current station rather than the actual explanation. Which is fine.
>>53587154
The people currently trying to eliminate income tax are the biggest israel cocksuckers in the world. How taxes are spent and what the rates are is independent of the kinds of taxes collected. Really, what do you think would be better? Property tax, where you rip land from families after arbitrarily valuing their property as being worth more? The estate tax, which is literally just graverobbing?

>> No.53587242
File: 73 KB, 1000x563, cheyenne 2.jpg [View same] [iqdb] [saucenao] [google]
53587242

>>53587184
I literally found the most urban view of it I could because I'm an actual honest debater.
Here's another.

Why do you demean yourself by insisting on being disingenuous?

>> No.53587259

>>53587242
All that concrete is an eyesore. It should be given back to nature.

>> No.53587260

you are all retarded. Sovereign debt doesn't magically refinance every time rates change. 90+% of this debt was from when rates were lower. Furthermore, 70% of the US debt is to its citizens, so the interest payments directly funnel back to the economy

>> No.53587262
File: 9 KB, 320x240, stillrealtome.jpg [View same] [iqdb] [saucenao] [google]
53587262

>>53587203
>In other words, you can't cite a single thing I've said that is incorrect. Well done, mongoloid.

>> No.53587269

>>53587206
You're full of shit. You can't end up with less net income because of the existence of incone tax. That's not how it works, mathematically.

>> No.53587272

>>53587206
Bingo.
It's easy to pick out non productive NEETs in these forums because they fail entirely to see the incentives that the system they think they understand promotes.
Good luck to you fren.

>> No.53587275

>>53587236
You don’t operate business. You have to be as shady as humanly possibly to make it. And if you want to make honest money you WILL be taxed out the ass. So I choose to make an honest living. 6 figures a year and carry on.

>> No.53587290

>>53587260
>Sovereign debt doesn't magically refinance every time rates change
US debt is extremely short dated
You have no idea how irresponsible these corrupt niggers are

>> No.53587298
File: 39 KB, 1280x720, bane.jpg [View same] [iqdb] [saucenao] [google]
53587298

>>53585921
>They'll be forced to pivot at some point
When did Powell say he was concerned with your investments?

>> No.53587317

>>53587236
>excuse to accept your current station
My current station is that I'm very wealthy relative to 99% of people and I'd rather garden that continue slaving for the government.
If income tax was zero I'd probably do more work, benefiting others, but instead I'm discouraged from doing so and spend my time ONLY for myself and family.
See here, same thing. >>53587206

And my response describing you. >>53587272

>>53587259
This is a very weak troll. You've lost and resorted to something that should embarrass you.

>> No.53587327

>>53587269
I increased my income by $25,000 to pass a threshold to be able to qualify for mortgage for the house we wanted. My taxes that year went up roughly $50,000. Include Obamacare fucking aids because I have a family. There is certain part of middle class where if yo make over $200k and less than 7 figures, you are fucked.

>> No.53587336

>>53587262
It may be "real to you" but in the REAL WORLD you need empirical evidence and logic to support your positions. You lack both.

>> No.53587359

>>53587317
What did I "lose"? I just expressed my opinions about Cheyenne as depicted in the photographs you posted.

>> No.53587384

>>53587359
But you live in a place that's worse than that in the regards to what your "opinion" is. Don't you?
So why point the finger?
You realize three point back at you when you do so, right?

>> No.53587389
File: 775 KB, 1009x768, 1667492864642225.png [View same] [iqdb] [saucenao] [google]
53587389

>>53587336
>in the REAL WORLD

>> No.53587390
File: 299 KB, 523x523, 04CCD664-6F8E-4451-A20A-3081451D0D26.png [View same] [iqdb] [saucenao] [google]
53587390

>>53587317
Funny you say that, I have made enough money to be comfortable for a while and I bought a little ranch/farm. I am leaving the city for good this time.

>> No.53587407

>>53587389
Are you high? Is that it?

>> No.53587429

>>53587317
>My current station is that I'm very wealthy relative to 99% of people and I'd rather garden
Okay cool. So why are you crying that if you got even more income the government would get a third of it?
>If income tax was zero I'd probably do more work, benefiting others
I don't think it would. I think it would be concentrating wealth to nobody's benefit. Better that the buisiness you didn't take be filled by someone willing to pay taxes. And it will be filled. You are not special.

>> No.53587463

>>53587327
That's not how income tax fucking works. You can't make more and end up with less net income. If you want to complain that the rates were hiked to fund programs you think aren't worth it, sure, that's fair. But that's a condemnation of excessive taxation and spending, not the kinds of taxation.

>> No.53587541

>>53586868
>First world vs Third world: The Map

>> No.53587568

>>53587429
I'm not crying. I'm explaining the effect of a policy brother.
In fact, I may be better off personally being incentivized to not work. Very possible.

>> No.53587575

>>53587463
I never condemned any type of taxation. Like the other anon. Simply giving my anecdote. Taxation is fine but the way it’s spent is the reason I am not a fan. I worked and loved amongst niggers for a large portion of my younger years and I will tell you that will take any opportunity to take as much money as possible from the tax payer to do nothing and steal. Either make welfare a lot more tough to apply for and actually audited. Or remove that shit all together and watch all the niggers magically get jobs after a decade or so. And second our taxes go to our brain dead military, and I won’t go further about how much we waste in that regard. Let’s say we spent our taxes more appropriately to the betterment of the General American in regards to education and infrastructure then I would happily pay more. But as I see it my state taxes and gas taxes do more for me and the people around me, than my federal income taxes would ever do.

>> No.53587590

>>53587429
>I don't think it would.
No, I could hire other people and pay more money if I had a larger business. I'm a good person and I pay very well for the type of work I do and create.
So by being smaller, someone has a shittier job, most likely for an uncaring corporation, than the job they could have for me.
Not to mention that less was produced overall. I have very happy customers. Very high ratings and am praised all the time for my pricing and service.
So when I don't grow, people are deprived of that and move to the next best alternative. Necessarily being worse than me.

>> No.53587625

>>53587575
I agree with you about all of that. My dispute above was with someone saying income tax in and of itself was a bad kind of tax.

>> No.53587637

>>53585921
bond yields are already falling

>> No.53587931
File: 122 KB, 800x450, 1672544452587773.jpg [View same] [iqdb] [saucenao] [google]
53587931

Fuck taxes in general.

>> No.53587957

>>53585921
Actually they aren't. Rich get richer poor get poorer.
Middle-class will be destroy forever and us & w-europa will be like south america sooner than later

>> No.53588259

>>53586918
There is no fair tax. The least unfair tax is a head tax which every citizen could afford, around 1000$ per year

>> No.53589196

>>53585968
yes

>> No.53589293

>>53585921

only after years and years

this only supports the idea that the feds biggest priority is to quell inflation by obscenely jacking the 2 year yield up for the short term, killing inflation, then bringing it back down. They have a timer to get the job done or they're fucked.

So sure, "pivot" after 2 years of extreme pain, if you're still solvent by then. Financial conditions have recently loosened to pre-rate hike levels, inflation is trending up and CPI is on pace to ACCELERATE the next two months, while the 2 year yield is still 4%. Technically, the US government is paying hundreds of billions of dollars for NOTHING. Their rate raising hasn't done anything yet. The SPY is at 420.

>> No.53589371

>>53589293
>CPI is on pace to ACCELERATE the next two months
You think so?

>> No.53589543

>>53587121
I agree with you anon, but your pic related looks like shit. Parking lots everywhere, horrible buildings. In winter that shit would be a grey hellscape. Even in your pic the misery is only barely veiled by some green and the bright sunlight.

>> No.53589554
File: 31 KB, 600x600, D59C0450-A571-46A1-90BC-40E9852A96F5.jpg [View same] [iqdb] [saucenao] [google]
53589554

>>53585921
>adds 500,000 jobs
>pivoting
Oh brother

>> No.53589599

>>53589371

https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting

>> No.53589621

>>53585921
I disagree. We'll go down and retest the 100 SMA but after that the gloves are off.

If we can shore up cheap oil from Russia to India and China through embargo we will yeet into low orbit

>> No.53589630

>>53589599
Where is the acceleration?

>> No.53589687
File: 1.52 MB, 3264x2448, 1675534938857080.jpg [View same] [iqdb] [saucenao] [google]
53589687

Why? $400bn in BRRRRRR is more manageable than trillions in BRRRRRR, pivotfags acting like we pay the interest with revenue and not debt

>> No.53589813

>>53589543
kek
Parking lots tend to be universal.
I live in a 13,000 person county and you can take a shot in a few places (the community college) that makes it look bad. Big whoop.
If you can get to a mountainside and thousands of miles of endless prairie within 3 minutes and still be called "urban" then I think the statistics are skewed.

>> No.53589848

>>53586901
>the parts of the federal government we actually need
?????????????????????????????

>> No.53589853

>>53585921
If you didn't notice you're chart says otherwise.

>>53586120
>What happens when interest on the debt exceeds gdp?
Nominal wealth gets shifted around a bit. Same thing if it goes in the opposite direction.

>>53586499
>Actually yes because we have no savings so to pay the interest we have to print money. They will unironically ruin the dollar if they DON'T lower the rates soon.
What do you mean by "savings"? America obviously has gold it can give away but America can just role over fiat debt. Debt is savings. The more being paid out in interest the more savings someone out there is doing... you don't think China or pension funds or something are going to go on a consumption binge do you?

>>53586713
>They have to print money to service the debt.
Bondholders don't want cash, they want something giving them a return.

>Raising rates DOES NOT reduce the money supply that is actually in circulation. The practical effect is that more is printed because of the budget deficit.
Congrats, you just found a contradiction in monetarism? You can't "reduce" the money supply with monetary policies, the Fed can't make everyone have less money in their bank accounts or seize alternative currencies.

>Last time rates were up there wasn't a deficit this size. Back in the 70s there wasn't even a deficit.
America's budget deficit increased all through the 1980s. Clinton for political reasons reversed that but didn't have to.

>You seem to be forgetting the government spend part of the equation.
Government can spend ad infinitum, inflation can go to the sky but they won't go insolvent ever but Americas creditors won't let that happen easily... China will starve themselves to death before they run a trade deficit and import more from America than they import

>> No.53589863

>>53586918
>fairest possible form of tax
kill yourself

>> No.53589871

>>53589853
*import more from America than they export

>> No.53589900

>>53589853
I fail to see how most of what you are saying refutes what I said. Unless you weren't trying to? Then the tone is odd...

As to the first response though, the debt has to be serviced in USD. That's the entire point.
Of course the USA has resources and physical goods, but to service the debt you pay in dollars.

>> No.53589979

>>53586985
>Now, to make a REAL point. It discourages production and saving because you are literally taxing production and earning.
No proof. If you tax my consumption I'll just consume less or go to black markets, I won't work more and I won't buy as much of what you're selling.

>>53589900
>Of course the USA has resources and physical goods, but to service the debt you pay in dollars.
The federal government can always supply dollars so there's never a real solvency issue on servicing debt. If you want to freak out over potential inflation you're not looking at this from China or any other big mercantilists perspective trying to manage exchange rates to maximize their exports. The rest of the world is out there trying to "win" on trade, it's not a closed economy.

>> No.53590073

>>53589979
so where do you think this is heading mr smartypants

>> No.53590160

>>53589979
Proof is for faggots and it never comes unless you are doing a math problem.
Consooming less is called being responsible steward of resources and not just eating everything in site like a fat whale or parasite. Look around? You think consooming more is a good idea long run?
>black market
Exactly. So then we are paying no tax at all. kek AND THAT'S BAD! Okay...
>solvency
I never said they would go insolvent. No idea where you get that. I said they'd print more money to solve their cash flow problem.

Believe it or not, everyone doesn't consider making as much money as possible the goal of their life. I want a functioning society and something left for my kids.
And I'm not "freaking out." I've been quite calm explaining this to people.
Inflation benefits me quite a bit because I own land and sell consumer products. Also my wife is an MD and doctor salaries inflate like a balloon.
So again, I'm explaining, not complaining.

They will create money to pay their "debts" and it will cause more inflation in regular goods than even lower rates, which tend to just inflate asset prices.

>> No.53590171

>>53586120
Switch over to CBDC

>> No.53590191

>>53589853
>Bondholders don't want cash, they want something giving them a return.
Guess what that return is.
Tip: It's not more bonds

>> No.53590954

>>53586041
rofl, if they keep interest rates at 5% until 2025 the majority of the US debt will have been rolled over at that interest rate

Were talking a trillion a year on interest payments. This is more than Social Security, this is more than the military, this is more than any other single thing in the budget.

Yeah bro totally no big deal.

>> No.53590980

>>53590073
Everything equally everyone trying to maintain a trade surplus will have to solve things, until China lets Yuan free float and liberalize trade they're left trying to juggle things so Amerifats keep importing more cheap junk

>>53590160
I think shifting demand from businesses that provide real goods to financial services is bad in the short and long run lol
And you're defeating your point. If you don't care about making a lot of money why would you be concerned about income taxes. Anyways lots of people don't pay income tax by working illegally, right now... it's "easier" to do that than avoid a sales tax (on the lower end of things). If you just want other people to work more increasing consumption is going to be necessary, you can't make people work more and consume less without exporting all products for someone else to consume

>>53590191
As long as government is selling more bonds it'll end up going right back inflating that more, if that's not the case it'll inflate something else "safe"

>> No.53591021

>>53590954
>Were talking a trillion a year on interest payments. This is more than Social Security, this is more than the military, this is more than any other single thing in the budget.
Thing is social security and military goes towards real purchases of things in the economy... who's getting the bulk of those interest payments from the federal government and how are they using it? If the government builds twice as many tanks they need to buy all the material and labour.

>Yeah bro totally no big deal.
Interest goes to savers who want to save, if Elon Musk tripled his wealth tomorrow it wouldn't effect his real spending much

>> No.53591055

yeh they will, probably around 2% inflation.

>> No.53591057

>>53591021
Pension funds. A good deal of managed funds. Countries that holds US Treasury and bonds.

>> No.53591124

>>53586147
Does GDP measure government revenue, though?

>> No.53591196

>>53586147
>doesn't include 2021
lol

>> No.53591215

>>53586785
Tell me you’re poor without telling me you’re poor.

>> No.53591286

>>53586811
Most accurate statement of modern American politics I've read, unironically.

>> No.53591384

>>53587236
I lament agreeing with an earlier post of yours

>> No.53591415

>>53591196
Yes it does.

>> No.53591470

>>53586499
>pay the interest
What do you mean? Why would they ever pay anything back?

>> No.53591473

>>53591415
the first quarter? its 2023 chad

>> No.53591568

>>53591415
>>53591415
Hey fag are you really arguing that government deficits financed by monetized debt isn’t inflationary?

>> No.53591605

>>53591568
>monetized debt
You mean money? And no, government debt is not inflationary.

>> No.53591677

>>53586499
>>53586564
>>53586713
>>53586752
>>53586775
>>53586795
>>53586843
>>53586871
>>53586890
>>53586937
I'm truly amazed how many retards on biz refute your points, you're completely correct, yet it's incredible to see all of this, what you're saying is literally economics 101 and yet all of these retarded mouth breathers are going against you, it's it jeets? Brown nigger cattle that came after the bull? How has the IQ of this board dropped this badly?

All you're saying is entry level basic stuff.

>> No.53591776

>>53591473
this

>> No.53592246

>>53591470
We literally pay the interest every year retard.
Now the principle, no way. But the scam exists as it is and we pay the interest every year.

>> No.53592265

>>53591677
Checked and thank you. Going to bed now.

>> No.53592412

>>53591470
The reason why all these countries and institutions still buy our Treasury and bonds is because we always make interest payment on time. The moment we default, USD is crashing and burning with no survivor.

>> No.53592795

>>53592246
Just fucking print more money lol. Or just tell them we're not paying. Who the fuck is going to do anything about it? The dollar is whatever the fuck we say it is. You smoothbrains still act like this is a legitimate financial system instead of the world's longest running get rich quick scheme

>>53592412
Just make them. Literally force them to keep buying in until they're bled dry and then find the next faggots to leech off. If they don't comply, trot out the CIA, and if they still don't agree, show them the tanks and bombers

>> No.53592815

>>53591677
>Economics 101
Fag shit that nerds debate between themselves while others make money. Get on board, or get left in the dust when it collapses

>> No.53592826

>>53592795
Everyone knows, anon. Thats why BRICS is becoming a thing. Its already happening.

>> No.53592965

>>53586918
Taxation is theft.

>> No.53593005

>>53592795
This guy gets it. Humanity has always understood only took very well and it's Power/Force.

It's all that matters.

>> No.53593378

clueless idiot here, but what Im curious about is why cant anyone seem to come to a consensus on what will happen? Is this like interpretive? I imagined that it would be fairly straight forward.

>> No.53593465

>>53585921
Jews are going to rug the entire system... I mean look at that small area they're calling a recession, obviously something big is overdue.

>> No.53593492
File: 2.43 MB, 1536x1536, 1664733414174871.png [View same] [iqdb] [saucenao] [google]
53593492

>>53593465
This.

Funny how the center of global jewery just happens to be on the cusp of debt defaults always on the Jubilee years right after the super-Shemitah.