/biz/ - Business & Finance

[Anonymous No.51547361]

Could the Feds be planning to raise the interest rate for the fifth time? Gradually our dollar is losing value, stocks are dumping, and crypto hasn't proven to be the safe haven we thought it is. Chads, what's your next move

[Anonymous No.51547553]

>>51547361
FOMC's two day meeting is probably going to bring another interest rate hike, yes. They need to bring inflation under control

[Anonymous No.51547587]

>>51547361
We're most likely to see a rate hike by .75 percent according to market projections.

[Anonymous No.51547605]

>>51547553
>>51547587
How is this impacting your investments anons, what are your strategies

[Anonymous No.51547859]

>>51547553
It doesn't sound like they have a plan towards bringing inflation under control guess we have to protect ourselves.

[Anonymous No.51547886]

>>51547361
>raising interest rates
>dollar losing value
Anon that’s literally the opposite of how it works

[Anonymous No.51547888]

>dollar is losing value
Relatively dollar is strong

[Anonymous No.51547894]

>>51547553
They have been boosting borrowing quicker than they have in decades and still nothing has changed the state of the economy.

[Anonymous No.51547913]

>>51547859
They have a "plan" but we don't see it being effective anytime soon

>>51547886
Their actions aren't improving the state of the dollar value

>>51547894
Precisely this

[Anonymous No.51547977]

>>51547859
They're trying to make it harder to buy a car, use credit cards and get a mortgage so that they can decrease consumer demand which has been raising prices.

[Anonymous No.51548000]

>>51547977
So far hasn't been working. But interest rates will most likely increase and last longer than expected. The central bank has already raised the benchmark rate 4 times this year

[Anonymous No.51548072]

>>51548000
What's the current rate at, anon

[Anonymous No.51548125]

>>51548072
2.25%

[Anonymous No.51548159]

>>51548072
>>51548125
Is it not around 2.375%
That was what I read it as

[Anonymous No.51548331]

>>51548159
The dollar is a mess right now. Read an article about Latin Americans trusting stablecoins over fiat now.

[Anonymous No.51548367]

>>51548331
It was actually a study done that proved this. The drive towards digital currencies come from consumers not institutions though

[Anonymous No.51548375]

>>51547913
>They have a "plan" but we don't see it being effective anytime soon.

A proactive government would have handled this better, I bet Trump couldn't have been this clueless.

[Anonymous No.51548395]

>>51548159
they target a band between 2.25-2.5

[Anonymous No.51548399]

>>51547886
Inflation is at the highest rate in half a century

[Anonymous No.51548419]

>>51548375
Jfc trump is the one who did this in the first place. Demanding 0 rates, stimmies, and op warp speed and lockdowns

[Anonymous No.51548442]

>>51547361
just investing in more money and holding money (god's only true money the USD)

waiting to buy multifamily properties for low 5 figures cash from bank auctions once the system collapses soon

[Anonymous No.51548455]

>>51548367
Data collected from Mastercard also said around 33 percent of Latin American consumers have used stablecoins to make regular purchases.

[Anonymous No.51548492]

>>51548419
yeah Trump got played hard or was just a plant for globohomo, hard to say. But he basically turned into Stalin at the end with the amount of free gibs and forced medical experimentation he went along with.

[Anonymous No.51548508]

>>51548395
2% is what they want to bring it back down to.

>>51548399
Yeah, mortgage rates highest since 2008 too

>>51548442
Real estate isn't looking too good either

>>51548455
Stablecoin staking has also become particularly evident since the crypto crash

[Anonymous No.51548518]

>>51547977
>>51548000
It won’t work. Higher prices aren’t from consumer demand. They’re just driving companies out of business. But they’ll ride in and rescue their friends.

[Anonymous No.51548543]

>>51547886
How does it work then? Cause the consistent increase in rate has left the dollar weaker than it was.

[Anonymous No.51548571]

>>51548508
stablecoin staking has very shitty interest. APYs are minimum af

[Anonymous No.51548574]

>>51547361
crypto is still holding strong, It has had the least reaction to inflation.

[Anonymous No.51548598]

>>51548518
Inevitably, the elite win
>>51548543
Balance needs to be found
>>51548571
DeFi middleware have better APYs
>>51548574
BTC is far from their ATH and alts are suffering though

[Anonymous No.51548605]

>>51548543
If America raises rates and Europe doesn’t, then the dollar gains against the euro.

[Anonymous No.51548606]

>>51548508
>Real estate isn't looking too good either
yes thats why I was implying I am going to buy foreclosures for 90%+ discount from current prices

[Anonymous No.51548634]

>>51548598
This. Middlewares like Spool Fi or bEarn Fi have better pool options to stake

[Anonymous No.51548649]

>>51548605
Hmmm fair point
>>51548606
I see

[Anonymous No.51548779]

>>51548571
Yeah, you got a point but p2es are making a lot of progress.

[Anonymous No.51548821]

>>51548492
They don call ‘im Zion Don for no reason pardna

[Anonymous No.51548927]

Right now I just have my stuff in dividend stocks that are safe. Things like energy, foods, house supplies and so on.
I also have 100 ounces of silver and around 2000 rounds for my rifle.

[Anonymous No.51548947]

>>51547605
Hold, DCA, and Stake whatever I hold. Maiar dex has solid APY, I stake my ELGD and RIDE

[Anonymous No.51549018]

>>51548779
Gamestar plus has also brought family board games onchain.

[Anonymous No.51549072]

>>51547361
Literally just opening LLCs and putting it into ibonds

[Anonymous No.51549699]

>>51547361
>crypto hasn't proven to be the safe haven we thought it is.
You're obviously not holding the right crypto. Those holding stables will definitely not be saying this.

[Anonymous No.51549754]

>>51549018
I jumped on their ongoing promo, I can't wait to get my gamebox

[Anonymous No.51549851]

>>51548331
It's not just Latin Americans, it's everyone because why will I keep fiat knowing that it will be devalued up to 8% at the end of the year when I can convert to stables and leverage on some Defi services that would give profits in the range of 6-10%?

[Anonymous No.51549921]

>>51547361
higher cpi inflation -> hawkish Fed -> asset deflation -> lower stock market
higher cpi inflation -> hawkish Fed -> asset deflation -> lower home prices
higher cpi inflation -> hawkish Fed -> asset deflation -> lower crypto prices
higher cpi inflation -> hawkish Fed -> asset deflation -> HIGHER gold/pm prices

[Anonymous No.51550038]

>>51548508
>Stablecoin staking has also become particularly evident since the crypto crash
It's for obvious reasons but then it's wiser to avoid CEXs at these times. You don't want to be the one crying next.

[Anonymous No.51550128]

>>51548571
>stablecoin staking has very shitty interest. APYs are minimum af
I don't think an APY of 6-10% is shitty; especially on a platform that allows you create your own smart vault and you could also earn from that. It's your info that's shitty at this point.

[Anonymous No.51550262]

>>51548634
>Middlewares like Spool Fi or bEarn Fi have better pool options to stake
SpoolFi is not even around the same scale with any others. Being non-custodial makes it hugely safe and reassuring to interact with.

[Anonymous No.51550800]

>>51547361
>crypto hasn't proven to be the safe haven we thought it is.
Depends on the steps you're taking to secure them. At this point, anyone disregarding identity protocols that gives users a single access point to their assets is either ignorant, negligent or retarded

[Anonymous No.51550833]

>>51548574
It'll be interesting to see how the next bull run will play out, considering the major boost in adoption of crypto, thanks to ORE and platforms lowering the entry barrier to the space.

[Anonymous No.51550896]

>>51547859
The fed doesn’t actually have many tools other than interest rate hikes

[Anonymous No.51550913]

>>51547553
Yes and it's priced in. Anything below 1% will cause a pump

[Anonymous No.51550941]

>>51548331
Not just Latin American countries a number of African countries are finding succour in stablecoins as well.

[Anonymous No.51550962]

>>51548927
>dividend stocks that are safe
Safe with the dtcc.

[Anonymous No.51551011]

>>51548419
>Jfc trump is the one who did this in the first place.

he wasnt, nor is Biden the one doing this.

the economy doesnt rise or fall at the whim of politicians. they have little to no control.

[Anonymous No.51551145]

>>51547361
Sleepy Joe is here to get us all fucked.. m not even sure the hell Powell is upto

[Anonymous No.51551206]

>>51547553
You think they give af?
Pleb and more I guess
>>51547587
We are fucked n it's obvious

[Anonymous No.51551224]

>>51548947
based VR tech. stacking up some RIDE ahead of its product launch

[Anonymous No.51552315]

> Fifth time
If only you knew how bad things are about to get.

[Anonymous No.51554059]

>>51547605
Just hope and pray that my pf doesn't turn to dust. I see no other way.

[Anonymous No.51554105]

>>51547859
>we have to protect ourselves.
With a rifle or shot gun?

[Anonymous No.51554138]

>>51548000
Interest rates are at 3.25% now from 2.5

[Anonymous No.51554141]

>>51554105
You looking for up close n personal or lurking in the bush, trying to hunt a huma-- i mean deer.

[Anonymous No.51554340]

>>51550941
Judging from Spool's TVR, I'll easily agree to the fact that there has been a significant increase in stable coin adoption rate recently.

[Anonymous No.51554489]

>>51554059
>I see no other way.
You need to change your eyes or visual region of your brain then. How can you not see that one of the safest means of preserving your assets now is to get them into stables to stake on Defi platforms?

>>51554138
It's gonna keep rising

[Anonymous No.51554607]

>>51551145
Joe has little or no power to change this situation. Give him a break.

>>51554105
>With a rifle or shot gun?
Those guns need to be fired at your weak ass brain. Protect your assets by acting smart and not waiting to become exit liquidity. You don't even need to do too much these days as some platforms offer auto compounding for stable staking.

[Anonymous No.51556807]

>>51547361
they keep doing it with joy, almost like they aim at killing the decentralized space.

[Anonymous No.51557151]

>>51547859
Do what you can cause in the end, only you can save yourself.

[Anonymous No.51557186]

>>51547361
Rare minerals. Not PMG, but jewelry stones. Might sound dumb but some are skyrocketing as mining becomes more difficult. Buy some Moldavite and watch its value grow..

[Anonymous No.51557554]

>>51556807
>they aim at killing the decentralized space.
That's not gonna happen even. Right now, we're beginning to see that TradFi is taking steps to leverage on Defi services, thanks to some innovative steps by some Defi platforms.

[Anonymous No.51557646]

>>51554059
Hope isn't a strategy anon. DCA into SYLO and maybe WOO.

[Anonymous No.51557995]

>>51557151
Not if the Feds decide to bend you over

[Anonymous No.51558032]

>>51551224
SDK launch still a thing?

[Anonymous No.51558188]

>>51547361
Crypto is a safe haven for inflation. When more money is printed more people sign onto crypto. The government is currently proving it's ability to manage the economy thru the Fed so now people pull out. If we printed ourselves into hyperinflation bitcoin would absolutely moon.

[Anonymous No.51558930]

>>51558032
coming up right after the product launch

[Anonymous No.51559064]

>>51547894
>They have been boosting borrowing quicker than they have in decades and still nothing has changed the state of the economy.
It takes time. Unemployment will rise here in the next 6-12 months. One reason you're not seeing it already is because so many people were waiting on the sidelines and not being counted in the unemployed category because they haven't been looking for work. Look at labor force participation.

So as the economy softens the people not being counted in the unemployment numbers will begin to come off of the sidelines because they need to work. This will make it look like "unemployment is low." After these "sidelined" people come back into the labor force to participate that's when you'll see unemployment start ticking up as the recession hits from interest rate hikes.

Also, many major companies have frozen hiring or are laying people off quietly. Like Google. And Facebook. Cerner. Big boys.

>>51548000
>So far hasn't been working.
It takes time to move into the credit markets. Also you gotta understand most Americans have no savings and are thus using existing credit for emergency and life expenses. This excess credit has to be "eaten up" before the real hit to consumer demand takes place.
>But interest rates will most likely increase and last longer than expected.
Absolutely they will. Federal funds rate going to at least 6%.
>>51548606
> I am going to buy foreclosures for 90%+ discount from current prices
90% discount? No you won't. Pie in the sky hopes. The system won't be "collapsing" like that from any of the events going on right now unless World War 3 starts.
>>>51550913
>Yes and it's priced in. Anything below 1% will cause a pump
You were wrong.
>>51558188
>Crypto is a safe haven for inflation.
It hasn't been so far and it won't be in the future because capital appreciation and depreciation of the coin is based on both supply and demand. Capital depreciation will happen relative to safer assets like Treasury Bills.

[Anonymous No.51560117]

>>51557646
Sylo is a based one. decentralized communication and L2 payments solution. Solid choice

[Anonymous No.51560183]

>>51547361
>Gradually our dollar is losing value
This nigga just went full retard

[Anonymous No.51560236]

>>51548543
check out the DXY on tradingview its mooning, sure inflation is making everything more expensive in burgerland but your strong dollar is making it hard to trade with the rest of the world so people are reluctant to buy your shit.

[Anonymous No.51560725]

>>51557554
It'll be difficult though, crypto is bigger than what they can kill.

[Anonymous No.51560830]

>>51548508
>>Stablecoin staking has also become particularly evident since the crypto crash
this is a good one since it reduces the risk attached to the whole process as stable cons are less volatile.
In cases where a tool like Spool is used, makes the process even easier.

[Anonymous No.51560935]

>>51547361
>Gradually our dollar is losing value
The dollar has been gaining value, that's why things have gotten more expensive. You can't abuse cheap imports anymore

[Anonymous No.51561401]

>>51560830
>In cases where a tool like Spool is used, makes the process even easier.
I hear this platform has the auto-compound feature; perfect for someone with a busy schedule.

[Anonymous No.51561900]

>>51551145
>the hell Powell is upto
Busy raising the interest rate with no clear direction on what other things he intend to offer.

[Anonymous No.51562197]

>>51561401
>auto-compound feature

This is a major win for lovers of passive income since it is well known that compound interest is the 8th wonder of the world.

[Anonymous No.51562262]

>>51561401
That's one interesting thing about it, and for gas fees, also they have a withdrawal system that reduces it.

[Anonymous No.51562297]

>>51562197
Lol, everyone does love to see a compounded interest you know, makes things easy.

[Anonymous No.51562379]

>>51548574
well, it's better than losing all of my bags, at least I'm sure of a return here.

[Anonymous No.51562424]

>>51560183
How does the movement of the dollar index affect the average man on the street who can't afford a gallon of milk cause it got more expensive cause of inflation.

[Anonymous No.51562459]

>>51547553
>30 trillion national debt
>rates above 8.5% to bring down inflation

[Anonymous No.51562505]

>>51559064
>>Yes and it's priced in. Anything below 1% will cause a pump
1% did cause a pump but then powell jawboned the markets into submission by going "lol housing. lol recession. soft landing? heh think again kiddo, we're gonna bring the fucking pain"

[Anonymous No.51562520]

>>51562505
*.75% not 1%

[Anonymous No.51562546]

>>51557995
Lol, they have the power money and everything ... though decentralization isn't what they can fight easily.

[Anonymous No.51562560]

>>51547361
Suicide unironically

[Anonymous No.51562579]

>>51562459
it astounds me how many retards believe that shit. a few months of bitch nigger rate hikes and you see anons unironically pumping him up as the resurrection of Volker. the same niggers probably believed inflation was "transitory".

[Anonymous No.51562595]

>>51554340
it's bearish, everyone will seek above in stablecoins, and Spool makes it even interesting that they can earn also.

[Anonymous No.51563041]

i fucking HATE the fed
they’re just pressuring us to buy government bonds at the end of the day no matter how you turn it around
fuck off
governments have full legal control over your hard earned personal funds
crypto HAS value and more precisely DAOs
AAVE holders are voting to create their own stablecoin
BitDAO holders are voting to create their own L1
Curve holders are voting to add more liquidity in their pool
you have full control and self governance with crypto and that’s something you cant obtaine from anything else

[Anonymous No.51563258]

>>51562520
Whichever one it is they both spell doom if i am to be honest.

[Anonymous No.51563306]

>>51562297
Exactly! This is the major reason why i have my asset in Spool.

[Anonymous No.51563467]

>>51547361
>Chads, what's your next move
SILVER

[Anonymous No.51565309]

>>51554607
He's as sleepy as I would ever think he would be..
>>Shits gonna gets bad, being decisive on investment is a no brainer

[Anonymous No.51565335]

>>51557995
Unfortunate we think crypto is decentralized, FED bending over to Centralise it. Can't trust them with my monies

[Anonymous No.51565374]

>>51563467
If you scared buy >>STABLESCOINS>>
mine are smiling on spool, as i stake them and they're auto compounding

[Anonymous No.51565421]

>>51547361
I don’t get it, doesn’t this just make things worse in the long run every time it happens…
>More multi-millionaires than ever exist out of online startups, crypto, meme stocks, construction companies, slum-lording, high paid tech jobs, etc etc
>Real estate crashes
>Interest rates too high to take a mortgage
>Middle class all get kicked out on foreclosures, and can’t afford to buy as mortgages too expensive
>Upper class can afford to buy tons of properties outright in cash, no mortgage
>Property recovers over 5 years
>Upper class gets higher, middle class gets lower
What am I missing? And how do I profit as a poor and financially stupid wagie who went from 100k to 50k in the past year

[Anonymous No.51565436]

>>51563467
gold

[Anonymous No.51565580]

>>51565436
Gold is shit af, get BTC, ETH and if you scared or indecisive, stay in stablescoins

[Anonymous No.51565724]

>>51565335
It is still a long walk to decentralization. Few Normies control significant wealth, that sounds to me like centralization.

[Anonymous No.51565730]

>>51565580
Really gay take ngl, no cap Fr Fr.

[Anonymous No.51565803]

>>51565724
More reason why I feel POS was a centralisation attempt to sell out ETH, the only real crypto is BTC

[Anonymous No.51565818]

>>51565730
WAGMI >>51565724

[Anonymous No.51566747]

>>51547605
Well, I still believe that crypto is a good hedge against inflation, so i will be looking at getting into the next possible big narrative, which I feel could be PRIVFI.

[Anonymous No.51566765]

Yep thread is half full of shill bots. We still have a long way to go until the bottom kek

[Anonymous No.51566807]

>>51547361
If they do, then all I gotta do is go all in on every crypto payment project I see. These high-interest rates would push the undecided people into the waiting arms of crypto. Already slurping on Xpress for good measure

[Anonymous No.51566819]

>>51566747
I'm going for projects that support crypto payments. They're the surest means of keeping ahead of the curve

[Anonymous No.51566886]

>>51547605
I am using dca strategy on my hold right, majorly, ORE, ALBT and IOTX.

[Anonymous No.51566910]

>>51566807
Most alt are currently affected by market volatility, and are on the verge of reaching my buy price target.UTK, COTI. and XPRESS are far too cheap for me to pass them atm

[Anonymous No.51566929]

>>51566886
Next, let me know whether they offer staking rewards like XPRESS does.

[Anonymous No.51566958]

>>51566910
Keep waiting for a fake bottom, and you miss out on these historic discounts. Crypto has been unpredictable of late, and you gotta move accordingly. I call dca!

[Anonymous No.51567042]

>>51547361
inflation is going to fuck us all sooner or later and the Indians will take over our job, Americans fat ass are not going to work anymore. I am still going all in IDo waiting for gamestarplus too.

[Anonymous No.51567064]

>>51547361
crypto is the safest investment out, still better than stocks and McDonalds
>>51567042
I already think have games like family feud and and jeopardy too.

[Anonymous No.51567231]

>>51566958
I met an anon that make sense for once

[Anonymous No.51568150]

>>51566958
so whats the plan of attack sir? I have 20k liquid ATM

[Anonymous No.51568893]

>>51562262
>and for gas fees, also they have a withdrawal system that reduces it.
The batching technique for transactions is an intelligent innovation. Other ETH devs need to learn from this one.

[Anonymous No.51568966]

>>51563041
>you have full control and self governance with crypto
One of the reasons why users are so confident in the Spool project is because it's a DAO from top to bottom; there's nothing more reassuring than having the power to take key decisions on how your investments should be used.

[Anonymous No.51568988]

>>51563467
Need to own tons of SILVER to have a smiling face right now.

[Anonymous No.51569009]

>>51565374
>If you scared buy >>STABLESCOINS>>
Including UST?

[Anonymous No.51569051]

>>51566958
DCA is definitely a good plan but there's no doubt that the market is going to dip some more, so, for example, those who're staking stables and waiting for that perfect entry point are not gonna be wrong desu.

[Anonymous No.51569086]

>>51568150
If you still don't know what to do with your money then do nothing, possibly get stables and stake on any of these non-custodial middlewares.

[Anonymous No.51569134]

>>51569009
Lol, beware of these algorithmic stables; the 1 to 1 backed stables are a better bet like USDC or USDT.

[Anonymous No.51569164]

>>51549851
Yeah then it blows up like UST. Everybody here is so fucking retarded. Have fun losing 100% dumb cunt.

[Anonymous No.51571826]

>>51569134
I heard Binance isn't supporting USDC anymore

[Anonymous No.51572381]

>>51569086
Spool Fi is a decent option for that. As far as I know they're fully audited

[Anonymous No.51572645]

>>51548634
>>51548779
>>51548947
>>51549018
>>51549754
>>51550262
>>51551224
>>51554340
>>51557554
>>51557646
>>51558032
>>51558930
>>51560830
>>51561401
>>51562197
>>51562262
>>51563306
>>51566747
>>51566819
>>51566807
>>51566910
>>51566886
>>51566929
>>51572381

To all newfags: every single comment I have replied to here is a pajeet. Take note of their desperate attempts to simulate a 'natural' discussion, yet always sticking out like a sore thumb.
Never ever invest in any project that has to rely on inorganic shilling, you WILL lose your money. These are just a bunch of pajeet faggots sent over from telegram. Do not fall for it.

[Anonymous No.51572890]

>>51562579
>>51562459
Raising taxes on wealthy people is preferable to the currency losing most of its value.

The debt will be serviced with higher taxes and rates will be raised until inflation subsides. Get over it.