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/biz/ - Business & Finance

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13108409 No.13108409 [Reply] [Original]

https://bitcoinist.com/why-bitcoin-price-would-skyrocket-if-andrew-yang-becomes-president/

Yang is going to save crypto.

>> No.13108424
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13108424

BUT THE INFLATION

>> No.13108441

>>13108424
>The scheme would naturally involve increased money printing, if not quantitative easing (QE) on steroids. This would inflate the money supply even further and likely cause prices to rise.

theory is based on unfounded claims and wild assumption
taxpayer money is what the government uses
inflation and interest rates are tightly managed and specifically designed to never go out of control

>> No.13108446
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13108446

My boss, Mr. Goldstein said it will cause inflation!

>> No.13108476

>>13108409
is that raising canes on his table

>> No.13108500

>>13108476
looks like tendies to me

>> No.13108546
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13108546

>> No.13109063

>>13108409
I already make money daytrading but sure ill take an extra 1000.

>> No.13109151

>>13108424
quickly take that shit and dump it in crypto/stocks/

>> No.13109180

>>13108441
>it can never happen here!
man you're in for a rude awakening

>> No.13109819
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13109819

>> No.13110352
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13110352

>> No.13110358

this thread was made by a jew or subhuman shitskin

>> No.13110371

>>13108409
ubi will unironically cause crypto to moon hard as fuck, smart people will put their extra cash into assets while dumb people will waste it on liabilities

>> No.13110403

Look.
UBI = people will be encouraged to go back to school, look for work in something they like, helps start and maintain a business, etc.

As yang notes
"In monetary economics, leading theory states that inflation is based on changes in the supply of money"

Technology + competition = lower prices for products

Last thread, this retard was saying ubi would cause inflation "just cuz". Lol retard.
He was also claiming to be an actual expert without saying what his degree or work experience was in kek

>> No.13110443

>>13109063
Do you really tho? I read a stat that iirc said 99% of people are at a net negative after a yr of day trading

>> No.13111075
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13111075

>>13108409

>> No.13111851
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13111851

>>13110358

kys cuck

>> No.13111858

>>13110371
Yet you have people who argue against this because, their beliefs is more valuable than becoming rich.

>> No.13111860

>>13111851
To be fair, Moarpheus is the biggest, most scizophrenic sister-raping retard on the fucking planet though.

>> No.13111867

>>13108476
>>13108500
it's Zaxby's
t. fat fuck tendies expert

>> No.13111914
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13111914

I'll be honest, I'll sell out you, my country, your ethics.

FUCK YOUR BELIEFS

The only thing that matters is making it. If you think otherwise, not only you don't belong on this board, but you will never make it, pussy.

>> No.13111925

>>13108409
yangs social credit system when inevitably abused by a future government will end in total orwellianism. i dont see why more people dont see this. social credit systems are naive or evil ideas.

>> No.13111931

>>13111925
Please tell me how this would affect an online business owner such as myself?

PLEASE ENLIGHTEN ME YOU KNOW NOTHING FAGGOT!

>> No.13111942
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13111942

>>13111925

Exactly, it won't and in fact I would use the 1k a month to leverage against shipping and packaging costs.

You're such a dumb faggot who just has nothing but a coinbase account. Really pisses me off how so many inept retards on this board when it comes to business.

>> No.13112015
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13112015

bump

>> No.13112164

>>13111925
Yeah I like UBI but for the same reasons social credit is awful. Government should not decide how people should be spending their time.