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/biz/ - Business & Finance

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50398936 No.50398936 [Reply] [Original]

Inflation does not exist. It is a purely psychological phenomenon that is exploited by greedy corporations to force you to pay higher prices.

>> No.50398972

Inflation does exist but it's kind of bullshit.

Nobody can actually track the dollars in circulation. So in terms of measurement, you can't ever have an accurate gauge on inflation.

Now this is one of the things blockchain solves.

Now, by being unable to properly track the circulation of dollars it leads to other derivative problems; problems such as the accurate pricing of goods.

This is what we're dealing with now. The market is trying to accurately price goods with a measurement that is inaccurate.

I'm going to go back to calling people faggots and retards, and fuding my bags

>> No.50399083

>>50398972
Thank you

>> No.50399112

>>50398936
it's pretty funny when you think about it. at least in america, most of the inflation was from paycheck protection plan gibs. and a lot of that shit was fraudulent or borderline fraudulent. basically 20% of your net worth and 20% of your future wages evaporating into thin air because we listened to boomer small business owners crying about muh employees until they got literally $1 trillion in gibs.

>> No.50399131

>>50398972
Inflation is commonly used to mean price inflation, not monetary supply inflation. Can you people stop confusing the two. Now you're not smart because you use the less commonly used one, you're just annoying.

>> No.50399250

>>50398936
When the government fucks up and causes it to become more expensive to ship and produce everything because the shipping costs on moving materials around the world are higher too, that is going to increase costs... Now, how much they should rise and how that should be offset are up for debate. Some companies adjust by a small percentage and others price gouge, using inflation as an excuse. All the while, every government policy that makes it prohibitively expensive for anyone to run any kind of company, cutting profit margins down to razor-thin percentages, continue to stay in place, regardless of the economic needs or budgeting of the country, meaning only those that price gouge the most will survive inflation, while modest and sensible adjustments will ultimately fail and leave many with no money at all.

>> No.50399503

(((They))) will slurp up all the assets, you will own trillions worth of government IOUs

>> No.50399531

>>50399112
I'm a small business owner and have been solicited to do PPP monthly since covid and it continues now. Pay 75% of wages, get the entire loan forgiven. Doesn't even matter if you need it. You *might* have to prove stuff...eventually. instead I did an EIDL loan with 3% interest lmao

>> No.50399675

>>50399531
Are these loans still available even

>> No.50401345

>>50398936
True. The government could just give everyone 10 million dollars and everyone could retire, nobody would have to work, and prices would not go up because nobody would be selling anything.

>> No.50401591

>>50399131
i agree. stop talking about inflation goyim its just prices going up it happens all the time just work harder.

>> No.50401607
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50401607

>>50398936

>> No.50402613
File: 535 KB, 1206x1473, Byron Dale letter from US Treasury.gif [View same] [iqdb] [saucenao] [google]
50402613

Inflation is caused by too much money creation. All money is created when private banks issue loans. Therefore, all inflation is caused by bank lending.

>> No.50402808

>>50398972
What are M0 M1 M2 M3 bro?

>> No.50402837

>>50402808
They are letters with numbers

>> No.50402843

>>50399131
>framing your understanding on the commoner's definition of a concept
ngmi

>> No.50403531

>>50402808
M3 is no longer tracked.
What is the current size of the derivatives market?

>> No.50403604

>>50402808
you can't expect a cryptoid to know what those are, anon.

>> No.50403893

>>50399112
And those kikes didnt spend a dime on employees
How fun

>> No.50403900

>>50402613
And where the fuck does that money?