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/biz/ - Business & Finance

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18528201 No.18528201 [Reply] [Original]

What does /biz/ think about the stance that the government printing money is going to inflate housing and devalue the dollar? If you don't have a house now you'll be priced out forever and be a rentserf slave till death

>> No.18528760

>>18528201

boomers win

>> No.18528795

>>18528201
Use your Trumpbux to buy a set of powertools and the hardware and lumber to barricade your home. If your tranny landlord tries breaking in through a window, shoot him.
My home now, shitlord. Go tell the bank you're defaulting on your mortgages.

>> No.18530025

>>18528201
right people are trying to sell and can't because people aren't working and millennials can only afford houses in animal crossing. They are living on deminishing savings if they even have that.

more things are opening up and no one wants to buy your shitty boomer cookie cutter kb home houses. boomers are refusing to do anything that will reduce their pnly asset in life, their house intil they fucking croak. you're better off selling your shitty house now while you have a chance

that's the whole reason boomers allowed illegal immigration so they could add weight to the existing infrastructure and artificially prop up their value

the virus is a boomer remover and when everyone is forced back to work with masks, a second wave of infected will hit

>> No.18530081

maybe they're not actually printing money and they're just letting you assume that they are

maybe they're so good at capitalism that they hold massive amounts of dollars and no printing is required

so all this talk about "unlimited funds" creates some fear, uncertainty, and/or doubt in the usd but it's long-term bullish

ever think about THAT?

>> No.18530150

>>18528201
I think its true. They doubled the money supply in 2008 and are doing so again. Housing prices and stock prices will double again.

>> No.18530319

>>18530081
No, dumbass, they actually create currency out of nothing, and have been doing, and will keep doing, until they have a reason to stop aka everything is in shambles and the american people pick up the bill for the damage

>> No.18530379

People are actually considering buying a house right now?

>> No.18530388

>>18530319
>create currency out of nothing. It's debt.

>> No.18530390

>>18530379
Yes rich foreigners are always ready to buy more real wealth at a discount

>> No.18530396

>>18530150
Bru if the double it again a can of coke will be 5 dollars. The value of money is shit

>> No.18530409

>>18528201
Dollars won't devalue. Price of basic goods like food will go up dramatically. US is not an island, it's a part of a global system. When everybody else is also printing and buying dollars and US stocks, they won't crash Housing prices might finally crash at least for a while.

Only thing money printing in the US is doing is absolutely killing the poor and the vanishing middle class while making the rich exponentially richer.

>> No.18530417

>>18530390
I just don’t know what to say to you

>> No.18530426

>>18530409
This only lasts as long as other countries are using the dollar. Gooks are rolling out crypto right now

>> No.18531777

>>18528201
how in the fuck would housing inflate when no one has money to buy up realestate besides dumbass flippers and developers . They have to pass that shit off to a wagie some how, and they cant when credit gets locked up, banks requiring 20% down and 700 credit score. Housing is going to tank u retard.

>> No.18531822

>>18530426
we'll all be trading in renminbi before a viable crypto solution becomes mainstream