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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26176910 No.26176910 [Reply] [Original]

Then why is he so dangerously based?

>> No.26177418

>>26176910
Literally who?

>> No.26177468

Schiff is based.

>> No.26177472

>>26176910
This is the same attitude of the retards on /pol/ that refused to buy. Makes you think.

>> No.26177530
File: 2.55 MB, 509x710, 1587592787636.gif [View same] [iqdb] [saucenao] [google]
26177530

>>26177418
thats pepe the frog

>> No.26177553

>>26176910
Hilarious, just bought 100k ozt AU

>> No.26177615

Schiff is praying for the collapse of the dollar hes been warning us about for 15 years
Love you Pete, keep up the shitposting

>> No.26177627

Of course he is advocating for higher minimum wage, he is about to be on it.

>> No.26177657

>>26176910
Schiff just takes any argument and jacks it up to 11, and then throws it back at you. based a f t b h.

>> No.26177724

>>26176910
This guy is the definition of a professional retard.

>> No.26177747

>>26177530

Damn I wish I had that ultra rare Pepe. The world isn't fair bros.

>> No.26177781
File: 557 KB, 222x330, 1611008444547.gif [View same] [iqdb] [saucenao] [google]
26177781

Buy CLF

https://stocktwits.com/symbol/CLF

>> No.26177811

>>26176910
>Calls someone racist as if it is bad
>Calls for $50/hour that will cause hyperinflation
>Based
Bait/1488.

>> No.26177830

>be Jew that makes millions giving terrible financial advice but you're Jewish and rich so it's fine
>mad at the idea wageslaves might be able to afford food

I just don't know why everyone is so anti semitic. What could it be?

>> No.26177939
File: 3.90 MB, 517x776, 000000000001.gif [View same] [iqdb] [saucenao] [google]
26177939

>>26177747
You need to get your hustle on, work smart not hard, meditate and focus, work out daily, take multivitamins, fix your diet and clear your debts. Then one day, after all your hard work has paid off, you may own a rare pepe.

>> No.26177952

>>26177811
Are you actually this autistic or just double-baiting?

>> No.26177982

>>26177952
Fuck off, nigger.

>> No.26177998

>>26177811
It's sarcasm you absolute retard.

>> No.26178001

>>26176910
jews fear the cryptos

>> No.26178048

>>26176910
I actually like Peter Schiff, I just disagree with him about Bitcoin

>> No.26178051

>>26177830
>he wants the economy to collapse by making minimum wage 50$
>he's against investing btc that goes up when there's uncertainty and inflation
I thought jews are supposed to have 120+iq

>> No.26178060

>>26176910
He is doing a hell of a job to make btc skyrocket

>> No.26178080

>>26177982
back to pol brainlet

>> No.26178088
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26178088

>>26177998
Shh, he doesn't know

>> No.26178100

>>26177747
At the very least, you thought about saving it. Therefore, I've reported this thread to the cyberpolice.

>> No.26178101

>>26177615
Well the trend is accelerating indeed

>> No.26178107 [DELETED] 
File: 270 KB, 1190x906, least.png [View same] [iqdb] [saucenao] [google]
26178107

>>26177811
>>26178051
You two can split this prize. Also here's a link to help you figure out how to read his argument:
https://en.www.wikipedia.org/wiki/Reductio_ad_absurdum

>> No.26178165
File: 270 KB, 1190x906, least.png [View same] [iqdb] [saucenao] [google]
26178165

>>26177811
>>26178051
You two can split this prize. Also here's a link to help you figure out how to read his argument:
https://en.wikipedia.org/wiki/Reductio_ad_absurdum

>> No.26178217
File: 81 KB, 600x791, Grinman.jpg [View same] [iqdb] [saucenao] [google]
26178217

>>26178100
Well I saved both and I'm behind seven proxies. Watch this get!

>> No.26178295
File: 19 KB, 330x249, billy-bob-thornton-sling-blade.jpg [View same] [iqdb] [saucenao] [google]
26178295

>>26176910
>based
>a literal le happy gold merchant

>> No.26178341

>>26178295
He has a good heart.

>> No.26178370

>>26177530
I've been here since before GG and never seen a pepe this rare

>> No.26178386

>>26176910
He's sarcastic right? There's no way he said this. Schiff doesn't even believe in a minimum wage.

>> No.26178391

>>26176910
wtf i love jews now

>> No.26178408

This fucking thread.. he is obviously being ironic [i suppose it is not obvious, unless one have listened to his podcast and "knows" him].

>> No.26178418

>its for a roof over our heads and food in our mouths

Yea, section 8 housing vouchers and SNAP cards cover those things pretty well DESU

I actually got on food stamps for 6ish months and it was a larger grocery budget than when I was a broke student.

>> No.26178455

>>26178386
Yes, because if we are just going to give people money, why not give them a lot?

>> No.26178479

>>26178165
>haha he said the crazy so he wins, no money for you wageslaves! Just buy boomer rocks!

So how proud of yourself were you for passing philosophy 101? Be honest

>> No.26178497

Do faggots unironically like this gilded faggot?

>> No.26178507

>>26176910
Confirmed for based

>> No.26178557

>>26176910
100% sure he has fat bags full of BTC

>> No.26178694
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26178694

>>26176910
>Jew
>based

>> No.26178888

>>26178479
No you idiot. The issue is anons thinking he was seriously arguing in favor of a $50 / hour minimum wage instead of getting the obvious sarcasm.
How does anyone even get this wrong when he adds "I bet you're racist too" at the end? It's legitimate autism at that point if you read it as him being pro- higher min wage like the other two anons did.

>> No.26178972

>>26177657
yes thats logical argumentation in a nutshell

>> No.26179131
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26179131

>>26178101
>Well the trend is accelerating indeed

Is it really? When the U.S exports most of it's inflation and the rest of the world has the same debt/demographic issues as the U.S? If the dollar does fail it will be the last to do so...

>> No.26179210

>>26177724
true as fuck

>> No.26179446
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26179446

>>26176910

For being known as a gold guy, he misses or ignores a lot of important topics that other goldbugs cover. He's not even that interested in gold specifically, so much as he is Austrian macro-econ partisan. Man lives only to wage his Jihad against the great Keynesian devil.

He doesn't really get crypto though, that much is true. I mean, I also think bitcoin sucks, but even I have to admit he really makes poor arguments against it. Given he's been dissing it so long you'd think he'd learn a little more, if only to refine his arguments a bit.

I like Schiff, but I swear he's borderline autistic, or he has some kind of obsessive personality disorder or something IDK. Odd guy.

>> No.26179483

>>26176910
rich people who didn't get rich through being an artist are all like this honestly. It's just logical thinking.

>> No.26179488

>>26179131
why would Chinese currency fail before the US currency when China can produce everything the US can produce cheaper? And also China can produce things the US can't produce without a shitton of capital to build back a means of production?

>> No.26179530
File: 210 KB, 1024x576, US-dollar-Value-3-value-of-the-dollar.jpg [View same] [iqdb] [saucenao] [google]
26179530

>>26179131
The US has been using the petrodollar arrangement since the early 1970s, anon. Does it look like it exported most inflation away successfully?
China already cut the US off and isn't buying treasuries anymore.

>> No.26179538

>>26177952
>>26178051
>>26178165
I think I just witness peak midwittism.

>> No.26179543
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26179543

>>26176910
Schiff holds a shit ton of BTC.
But if he admitted this seething boomers would flee his gold business. He has to put on this act to keep the business going.

>> No.26179568

>>26176910
He’s trying to collapse the economy by shilling bad advice to make gold relevant

>> No.26179593

>>26177615
He will get the dollar collapse. But he thought currency would progress backwards, not forwards. When gold was currency were their fools hoarding shells and beads?

>> No.26179648

>>26179543
I have a hard time believing he has any BTC the way he passionately shits on it in every podcast. in his most recent podcast I think he called it "nothing".

>> No.26179759
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26179759

>>26179568
You're saying Schiff arguing against government dictating an arbitrary minimum wage is "bad advice?"
Seems like good advice to me. Pushing minimum wage higher is only going to kill even more small businesses after the government already killed half of them with meme flu shutdowns. Do you want Amazon to be the only employer left?

>> No.26179785
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26179785

>>26179488

Because the yuan is used in less than 1% of global transactions despite china being #1 or #2 in GDP which is also an inaccurate metric of measuring productivity in an economy. Nobody wants to hold a currency that is heavily manipulated to keep labor rates artificially low and currency that will be stolen by corrupt CCP members if you make them butthurt...

>>26179530
You should see the devaluation of most other currencies. Inflation is a normal healthy thing for growing economies and money is not mean't to be stuffed in a mattress but to be put to fork in investments.

>> No.26179955

>>26176910
he holds btc through his son

>> No.26180273
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26180273

I love the tears of priced out old kikes

>> No.26180865

Why is the first thing people against minimum wage say when confronted with the fact it’s a good thing always “Oooh why don’t you just raise the minimum wage to $1million durrr?”

>> No.26181070

>>26177530
where the misprint tho

>> No.26181421

>>26180865
because it points out how arbitrary it is

>> No.26181529

>>26178888
checked

>> No.26181566

>>26178295
he's one of the (very very rare) "good ones"

>> No.26181860

>>26180865
Because nobody who pushes for a goverent set minimum wage has a valid reason for doing so and suggesting $50 might make that more obvious.
If the argument is "we can force poor people to get paid more money and it won't have any negative consequences" then why stop at $15? At what point does forcing businesses to pay out a certain minimum to employees stop being harmless, and why?

>> No.26182300

>>26178051
He is still on the gold standard so he thinks shtf is a good thing too.

>> No.26182563

>>26179759
he's half joking about raising minimum wage to raise inflation. because increased inflation means dollar collapse and gold go up. literally accelerationism. why do i have to explain this on biz

>> No.26182601

>>26182563
He's clearly 100% joking, not half joking.

>> No.26182675
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26182675

>>26176910
>the kike who FUDs crypto and has been predicting the great collapse every day for the past 20 years wants to keep wagies from getting a raise
Oy vey!

>> No.26182756

>>26178888
The fuck? Of course he's not advocating for a $50 minimum wage. Nobody thinks that you clown. He's reducing it to absurdity because he thinks minimum wage increases are pointless and lead to hyperinflation because he's a fucking retard

>> No.26183338

>>26177724
Well, he does do this schtick for a profession and he makes millions of dollars, so I guess you're right.

>> No.26183455

>>26177627
Retard.

>> No.26183532

>>26178408
People here are idiots.

>> No.26183593

>>26176910
This jew has been discredited already.

>> No.26183728

>>26182601
when I say half joking, what I mean is he'd probably be okay with minimum wage hitting $50/hr. the guy would be rich, though the economy would collapse