/biz/ - Business & Finance

[Anonymous No.11227090]

>"Unfortunately they just raised interest rates a little bit because we are doing so well. I'm not happy about that,"

>"Just run the presses — print money,"

What are your thoughts on this?

[Anonymous No.11227109]

>>11227090
Absolutely unprofessional. I can’t believe the president of the United States addessed a reporter as “Mr. Kurd”. Trump is done, no way he gets re-elected.

[Anonymous No.11227117]

>>11227090
they should abbreviate other words in that sentence. President is the important word.

>President Trump Hodls New Con.

[Anonymous No.11227123]

>>11227090
he's the most based public official we've ever had. it's like a biz poster got elected.

[Anonymous No.11227182]

>>11227109
fk u sjw

im Mexican

family is illegal

im voting for trump

from 213 socal

and im mexican

[Anonymous No.11227195]

>>11227109

[Anonymous No.11227203]

>>11227117
based and redpilled

[Anonymous No.11227216]

>>11227182
I'm so ashamed of my own people.

I know you're telling the truth about your ethnicity because you typed your area code as if it fucking mattered. You guys can never get rid of your south side cholo bullshit. The only reason you're even allowed to vote is because of Democrats protecting people like you. Also, if you were born in the US, you're not Mexican at all, not by nationality, nor by race as Mexican isn't a race. You're probably some idiot Mestizo con el nopal en la frente.


Fuck, you're an embarrassment.

[Anonymous No.11227222]

>>11227090
>low interest rate leads to large private and household debt, which is what the US and Europe have now, eventually in government bailouts for the rich, and homelessness for everyone else
>high interest rate leads to the federal government not being able to pay its debts, eventually to sovereign default
>both aren't optimal, but this is what you get for claiming to be a capitalism country, while having 37.8% of gpd spend by politicians
but, I don't believe he said "just run the presses", he said "i'm a low interest guy", where historically, 2.25% is low

[Anonymous No.11227232]

>>11227222
>low interest is bad
>high interest is bad
uhmm wonder what the solution could be? ..

[Anonymous No.11227240]

>>11227232
No interest?

[Anonymous No.11227268]

>>11227232
>>11227240
but then the (((banks))) wouldn't be happy
a return to actualy money, backed by something (precious metals, a basket of commodities, anything non fiat), or something that is mathematically not allowed to have inflation, such as BTC

[Anonymous No.11227278]

>>11227216
he is going after china

no one else will

get with the program or get out

its a free country

you really think by allowing more immigration shit will improve ? lol

the only reason shit is trash is becuase of too many immigrants

build walls

tax that ass (china)

create jobs in America

what part dont you understand

he is not racist his wife is an immigrant

he likes people who can get shit done

look at statistics worldwide

everything south of US is trash . why and how could you not build a massive wall

same as protecting your home

[Anonymous No.11227295]

>>11227278
calm down, shill
your reddit spacing, and blatant characterisation of what lefties believe a Dumpf support thinks, are a real give away

[Anonymous No.11227303]

>>11227268
tether is the layer 2 solution to the 'no inflation' problem for (((them)))

[Anonymous No.11227305]

>>11227268
Except bitcoin isn't real physical tangible
Wealth like gold is.

[Anonymous No.11227306]

any spic or black should look up to superior races and improve your life

marry a snowflake

if you were born ugly would you stay ugly or try and look better ?

my point exactly

only because your born a pos doesnt mean you cant improve your offspring

recession starts when Trump leaves office

2024

screenshot this

[Anonymous No.11227311]

>>11227295

vote trump

[Anonymous No.11227393]

>>11227240
ding ding

[Anonymous No.11227395]

>>11227109
Celebrate diversity!
WE'RE ALL THE SAME HOW DARE YOU POINT OUT DIVERSITY

Trump is the chemo killing the cancer like you

[Anonymous No.11227401]

>>11227305
the majority of transaction in the delevoped world are done on a debit/credit card, using money that is created out of thin air. is that tangible?
the same process is being adopted by some crypto companies. the lay person doesn't concern themselves with the intricacies of the system, as long as they can pay & get paid in it, it doesn't matter.
i agreed, that gold and silver are the best options. but we invented paper money as it was easier to carry around than gold coins. but with our technological capabilities today, creating instruments that are easy to use (debit cards) combined with the other components of sound money (limited supply, easily divisible, etc), we can free the world from (((debt))) slavery. which, I believe is the ultimate goal of any decent crypto

[Anonymous No.11227408]

>>11227311
i don't live in the US, but i support the majority of the decisions he makes. but you, are doing a bad job of hiding your true intentions

[Anonymous No.11227455]

>>11227303
i'll look into it, thank you for the recommendation

[Anonymous No.11227502]

>>11227401
There's a difference between money and currency. Gold is both as it is money but also can be a currency as needed.

Doesn't matter what the technical capabilities are whether it's paper dollars or instant transactions on a debit card, there still needs to be a basis for money.

Your problem is you don't understand what the primary function of money is... which is to MEASURE VALUE of goods exchanged for it.

You have to understand. The literal reason people are throwing their money into crypto is because you can't "make it" otherwise because the dollar is dying.... unironically because it isn't backed by gold.

Those invented paper dollars to make it easier to transact represented gold.

The ISSUE that is the problem with everything is prices are rising! That's literally the issue. In 1958 you could "make it" driving a bus full of retards to grade school with the wife at home and 4 kids. Why? Because under a gold standard prices are CHEAP.

I don't know where you think bitcoin is going to make prices cheap. The issue is debt... I don't know how you think bitcoin is going to solve the debt problem

[Anonymous No.11227514]

>>11227502
you can post like this
4chan doesn't have retarded extra formatting inserted into your posts because while moot is a faggot, he wasn't completely braindead when he developed this site
RIP JEWT

[Anonymous No.11227523]

>>11227090
Fucking boomer using financial boomenomics

[Anonymous No.11227537]

>>11227523
it's hilarious how people can't see it after he's been doing it for 2 years.
notice how no lefty every complained about the non stop QE the FED ran during Obama's years?

now all the sudden Trump says he wants it and all the lefties come screaming about how QE is a bad thing.
fucking puppets, not a single original thought in their npc heads

[Anonymous No.11227539]

>>11227123
>it's like a biz poster got elected.
it really is, and /biz/ is retarded

[Anonymous No.11227551]

>>11227278
You still have to go back

[Anonymous No.11227600]

>>11227502
i do understand, debt is a problem becuase currency can be created out of thin air, rather than as a result of work. gold is valuable not just because it is durable, divisible, malleable, but becuase it takes effort to mine, refine, and smelt. i understand anon.

but, another key attribute is that it's finite. which is why, as a measure of value, it's extremely stable. it can't be printed, therefore no inflation, so the goods value measured in it, change only as the volume of gold changes.

which is where debt comes from. the very fact that inflation is possible, means that interest is inevitable. paying back 102.25% of your loan wouldn't be possible if there only remained a fixed amount, e.g 100%

i'm not saying it's BTC itself, but the idea that money needs to be finite (just like gold), easily divisible (just like gold), etc etc, need to be baked into the very core of whichever digital money is going to last. and so far, bitcoin seems to be the only one that has >1 of gold properties

of course it's not a store of value, that's becuase of pump and dumps, and the market action as a whole. but as more people (hopefully) use the tech, prices become more stable, and the price will settle around its "true" value.

ofc there are problem's with cryto at the moment, but as the technology develops, i think we're gong in the right direction

[Anonymous No.11227685]

>>11227408
what intentions

wth ?

[Anonymous No.11227695]

Trump's tariffs should actually slow inflation with increased prices of goods. This will extend the boom times.

It all crashes in the end though. We already see corporate earnings just about peaking and government debt is crazy high. Corporate and personal debt isn't good either.

[Anonymous No.11227704]

>>11227695
They will just revalue gold much higher overnight one day and purge all the debt from the system

[Anonymous No.11227724]

>>11227090
Obama was playing with funny money. He's right.

[Anonymous No.11228935]

>>11227182
>>11227278
Based Bean. You can stay.

>>11227216
You have to go back.

[Anonymous No.11229161]

>>11227090
>What are your thoughts on this?
Using opponents momentum to take them down.
>trump defends israel
left attacks israel and supports palestine
>trump complains about attorney client priviledge with cohen
left says its all bullshit, allowing the clinton lawyers in muellers special counsel to have the left on record backing them up
>trump complains about ms 13
left defends ms 13
>trump praises ice
left wants ice to be defunded
>trump attacks fed over interest rates
left...?

[Anonymous No.11229193]

>>11227278
Uh didn't you just say your family is illegal? Fuck off and get out you're literally the problem. If you really care so much about illegal immigration take your family and you and move back to Mexico right now.

[Anonymous No.11229215]

>>11227295
>shill calls other people shills

[Anonymous No.11229230]

Would it work if we printed more money but also increased taxes on capital gains?