/biz/ - Business & Finance

>>>/pol/

>>22298838
> tfw women spend more money on plastic surgery than my link stack

>>22298931
And it gets them better returns too...

>>22298868
Imagine being this much of a brainlet. Discussion of inflation is perfectly relevant for this board.

>>22298838
All the inflation is going into assets (gold, crypto, stocks, property).

>>22298838
The fed says the first line to justify the second line.

wouldnt mind hyperinflating those

>>22298838
>The Federal Reserve is anticipating extremely low inflation for the next 5 years at least
Proof? Shekelburg just announced they would print as much as they need to, moving their 2% target to an average over 10 years.

>>22299014
This. Housing, stocks, assets will stay expensive and maybe go up. Everything else basically will go down.

And the rich get richer

>>22298868
Um no

>>22299029
was just thinking this, where the FUCK is OP getting info that inflation is going to be low?

>>22299023
Also this, they are fucking liars.

>>22298838
>trusting the (((Federal Reserve)))

>>22298838
jews at the bureau of labor statistics will work their talmudic magic on the CPI and magically the numbers on the screen will say "oy vey, it's only 1.2% inflation for the year" because of concepts like (((hedonic quality adjustment.))) meanwhile, any gentile with more than 3 functioning brain cells will realize that his paycheck, even after his lowly COL raise, is worth less and less each year as everything around him gets appreciably more expensive.

>>22298838
All assets are inflating as we speak. Inflation is hiding in the stonk market, the bond market and the real estate market. Those are the big 3 bubbles. This is because when the money is created out of thin air, the access to that money is gained by a very elite few, who then buy up those three things( Real estate, stonks, bonds) They are inflating real assets for certain. It's just now hitting the streets
>More unemployment
>More homeless
>Grocery prices up

The whole irony of this is that the Fed's policies of constant central planning has led to all of this. Will we reach Zimbabwe levels? Probably not. The dollar is on its last legs no doubt. I believe we are trying to inflate our way out of debt by making a cheaper dollar for tomorrow lol. I don't even know if that makes sense, but this is unknown territory for the US Dollar.

>>22298838

My dick has some hyperinflation rn

I don’t understand why janny just deleted the thread about capital gains tax rate proposals. It is most definitely business-related. Does he not understand that topics of business and politics often merge?

>>22298931
thats a man

>>22298838
How much chainlink do I need to have a night with a girl like OP's pic?

>>22298838

If you truly believe that high or hyperinflation is imminent you would be a retard not to leverage yourself to the gills and go all out with jumbo mortgages etc. imagine buying a $1M house with almost nothing down and 5 years later $1M buys you a candy bar. Basically free house at that point

>>22299105
>any gentile with more than 3 functioning brain cells will realize that his paycheck, even after his lowly COL raise, is worth less and less each year as everything around him gets appreciably more expensive.

Has been a case for more than a decade, nothing happened.

>>22299073
Retail inflation in the US was iirc 0.44% this year

>>22298838
god i wish i was that man

>>22299350
>All assets are inflating as we speak.
>maybe if we keep saying it on repeat for 30 years, it will come true!

>>22298838
enjoying this trend of girls wearing paper-thin tithugger shirts

>>22299500
Midwit comeback.

At least add to the discussion and then make the comeback. I swear you all need to go back

>>22299426
And they still spent more money and got more return on their tits than his linkie

>>22299451
Because there's a very real chance the housing market will implode before we reach Zimbabwe levels of hyperinflation. The real problem is that bond yields are so unbelievably low (kept low by the fed buying bonds) that nobody wants to buy them, but conversely if bond yields were allowed to rise everyone would flee out of speculative assets like stocks and real estate and into the much safer asset, bonds. Thus we're in a scenario where boomer 401k's and housing value are only maintaining and appreciating in value because of the Federal Reserve decimating the bond market. If the Fed stopped suppressing bond yields and let them find price discovery then both stock and real estate asset classes would crash to unbelievably low levels because they were never allowed to correct.

Thus we run into a problem, even other countries no longer want to buy US Treasury bonds (which have also been traditionally used as US dollar liquidity for international transactions), US investors no longer want bonds, so the Fed is the only one buying up all this debt and the only thing keeping yields down and the stock/property market from imploding. This is done by printing US dollars and creating inflation. The real kicker is that the Fed would rather maintain global control of fiat currency (the strength of the US dollar) over saving some boomer's 401k or vacation homes. Yields can't keep dropping forever and once we reach a tipping point, the wealth transfer we're seeing right now will pale in comparison to how many property and stock assets will exchange hands for pennies on the dollar in the inevitable correction. This could be in a few years from now or a decade, the only signal will be the extremely wealthy selling off their hard assets and the fed announcing bond yield price discovery. Anyone stuck in the mentality that "stonks and property only go up" will be left bagholding thr largest bubble in the history of humanity.

>>22299974

So what do I put my money into? Fiat? BTC? Bonds?

>>22298972
No it doesn't you retard they just make them self look like the bogdanofs

>>22300062
Gold, Silver and XRP like the Rothchild said

>>22299091

>>22299705
there doesn't need to be a comeback, we got sick of trying to argue with you goldbugs half a century ago

>>22299974
This shit is going to be scary. Boomers, Xers, and older millenials will be completely fucked in the ass.

>>22298838
Nice pecs. How much can he bench?

>>22300062
Tech stocks for the next month or two, but I expect travel and hospitality stocks to start outpacing tech growth by the end of the year in anticipation of the "vaccine" and post-election normalization. You'll have to closely monitor macro trends if you want to time the growth corrections (like what happened this past week, all the stock indexes were severely overbought, especially anything tech related). If you want to know when the big bog is coming, watch US dollar strength and bond yields as well as fed statements.

Technically metals might be a good play eventually, but we really won't start seeing inflation go into full swing until money velocity picks up (back to consooooming) and lending standards loosen up (they are extremely tight right now). You can probably play the short term trends if another stimulus bill is announced or if the Fed says something about increasing QE but I don't think a long term hold is in the cards quite yet.

>>22299378
elaborate

>>22299974
>stonks and property only go up" will be left bagholding thr largest bubble in the history of humanity.
no

>>22300373
What about crypto? Where does it fit into all of this?

>>22299974
I agree, all this money has no value, it dint come from selling products/services


we are fucked

>>22298838
People fear the inflation and buy stuff --> price pumps --> same people say "OMG I KNEW IT -- THATS INFLATION" --> more people buy because of inflation fear
meanwhile we still are in a deflationary phase and this bubble will crash hard.

source: dude trust me

>>22298838
That's a man.

>>22300421
Short term? Correct. Long term? Wrong.
Who knows how big the bubble will be allowed to inflate.

>>22300528
Crypto closely follows the stock market - or more accurately BTC follows the stock market and every other crypto follows BTC. I think around a year from now the real crypto "bull market" will start, but until then we'll see moderate upward growth, correcting with the stock market accordingly. While I don't agree with how Peter Schiff views crypto as a whole, I think he's correct that BTC isn't a hedge against inflation any more than stocks themselves are. If you decide to listen to Schiff, go in with the mindset that he is a gold salesman first and foremost. BTC is more a function of how big the crypto market cap is than anything else.

>>22300421
>T. taking loans to buy houses in 07/08

>>22300782
Everything you're saying is literally the best-case scenario for /biz/tards like us. We literally have years to accumulate case from stocks and crypto, and if we time it right, we get to use our newfound wealth to purchase real estate. Did I get anything wrong? Also how did you learn about all this?

>>22300901
accumulate cash*

>>22300925
>accumulate worthless fiat instead of assets
you might be the dumbest gorilla nigger I have ever encountered anon holy shit

>>22300782
>>22300786
>us bonds are a bubble
>real estate is a bubble
>stocks are a bubble
>crypto is a bubble
>precious metals are a bubble
this is your brain on Schiffism

>>22300950
I’m using cash as synonym for general wealth here. Not the smartest choice of words I’ll admit.

>>22299014
Yes exactly. Everything easily produced like consumer goods will stay cheap because in a globalized market there's always someone willing to offer your product more cheaply if your price gets too high.
Anything that is scarce like crypto, prescious metals, property etc will go up in price. Viscious cycle for those who don't grasp this, it erodes the middle class.

There's no hyperinflation if everything is devalued also. So. Fed confirms recession market for next 5 yrs.

>>22301175
Except crypto isn't scarce.
There are literally trillions of them

>>22300901
Yes, you have some time to put your fiat into artificially pumped assets to grow your wealth because the bubble won't be allowed to pop just yet. If you time it right you'll make out like a bandit, if not then you'll be building assets that will take years and years to recover. I watch a variety of youtube personalities for a diverse market overview - Peter Schiff, Fed Observer, Uneducated Economist, Steven Van Metre (I think this guy is mostly wrong but offers another viewpoint). Every now and then there are macro threads that pop up on /biz/ and sometimes there are interesting discussions in them. Browse /smg/ and invest in stocks to get a feel for the market. Everything else is just drawing conclusions from all this data that makes sense.

>>22301012
>US bonds are a bubble
Objectively true, the Fed is openly keeping bond prices high by buying them up and suppressing yields.
>Real Estate is a bubble
Also true, this asset class has been far outpacing consumables inflation for decades now. Foreign investors are also throwing down huge sums of money to buy appreciating US property.
>Stocks are a bubble
Yes, due to bond yield manipulation money that would otherwise be put in bonds are now being funneled into the stock market. Also partly into property but that is less liquid than stocks.
>Crypto is a bubble
Not yet, but soon it will be. Crypto hasn't reached adoption at nearly the scale needed to produce a significant bubble yet. Once BTC starts to make big moves (20k+) the bull run starts.
>Precious metals are a bubble
No, if anything they are being artificially suppressed - especially silver. Schiff would also never state that PMs are in a bubble and that the best time to buy gold is always 'right now'. Like I said earlier PMs won't make a run until money velocity increases and lending standards decrease.

>>22301323
It's an evolutionary race to see which ones actually have value. There are only a few that actually matter, and yes these are scarce, as the marketcap development shows. Anything beyond the Top 10 (or even Top 5 for that matter) contributes a negligible amount.

>>22299073
the ecb will crash and burn and the europoors will scamble for dollars
>pro tip you should get them right now

>>22298838
sauce?

>>22298838
Whatever the fed is choosing to not tell you is the real answer

>>22299455
more people start to notice as they push it further.
how thin can the towel get before people realize it's not a towel, but tissue paper?

>>22298838
Big tits

Is this guy right?

https://www.youtube.com/watch?v=K3lP3BhvnSo

>>22299455
Just because millennials haven’t entered open revolt yet, doesn’t mean the people aren’t feeling the effects

>>22301323
Different cryptos accomplish different things. That’s like saying stocks aren’t scarce because there’s a million different publicly traded companies

>>22299974
Based as fuck, this entire system is going to shit itself and I'm glad I'm going to witness it

>>22299105
You guys should start seeing it already at the grocery stores. All goods are rising in price.

>>22301323
>There are literally trillions of rocks so why is gold valuable?

>>22298838
Answer: Bitcoin SV

>>22299014
And food, rent and utilities.

>>22299105
This

Name of these tits ?

>>22299105
It's like the shit they do with unemployment numbers, they make it so if you're a NEET/not looking for work you're not even counted as unemployed, actually you're not even counted at all. So all this bullshit any politician spews over unemployment is always incorrect, Trump or Obama it doesn't matter.

>>22299974
>even other countries no longer want to buy US Treasury bonds

I don't think this is true. Didn't 2/3 get snatched up by other countries? The dollar is the reserve currency because other currencies are even worse.

>>22302777
sanna torr
sanna meira
@sannatorr

cumb in piece fren

>>22301432
>US dollar is a bubble

>PMs
PM's, historically, as an investment aren't that good especially given the volatility one most take on to hold them.
>until velocity increases and lending standards decrease
so the bubbles you affirm are independent of the velocity of money? real estate bubble is evident with low velocity of money and strict lending practices?

>>22302801
also the CPI, which is commonly referred to as inflation in general, conveniently does not include healthcare, tuition, or housing, which are the three largest expenses in the average person's life, by far.

>>22299455
Until it does.

>>22302546
le pol trollmaster is upon us! Glad you're in our presence

>>22299014
yea but that wont matter much when the price of a Big Mac goes to $20 bc of the runaway inflation of the USD

im old enough to know that when any organization of "authority" says something is going to be a certain way that its actually the opposite of what is really going to happen.
the FED confirmed inflation is about to get even more out of control and they literally have no control over it.
nothing they can do in their toolbox of financial instruments can save the USD at this point.
its why they are researching central bank backed stable coins.
fiat is on the way out, we'll be entirely digital currency no later than 2025.

80% of /biz/ has a fundamentally incorrect understanding of inflation and where we are at in the present crisis so I’ll try and educate you guys.

The current problem that the federal reserve has to deal with is the potential for massive deflation. As millions of Americans are out of work and have had their previous wage levels cut, millions of business’s and landlords unable to generate their previous level of income this has deflationary consequences for the economy. With levels of debt likely to increase or stay flat and landlords, businesses likely to reduce prices or rents to generate some kind of return in this new economic environment we will have deflation. The incentive is on the government to ensure federal unemployment benefits are set at a level that at least covers the previous average level of income.

Hyperinflation is not coming anytime soon if the average worker doesn’t even have their previous level of income before the crash in March

>>22299455


Inflation mostly affect low wage workers are minimum wage stays the same, while higher paid workers usually get small raises to offset inflation

Same with goods, cheaper goods that have low profit margin rely on large sales volumes, when faced with inflation have to increase their prices as a small inflation is still a considerable share of their profits

While more expensive goods with lower volumes but higher margins, are willing to keep their same prices to stay competitive as inflation is just a small share of their profit margins

same for housing, renting becomes more expensive, while paying a house mortgage becomes easier due to inflation

So in the end you have low wage workers with wages that remain the same, while the goods they buy, and their rent increase to inflation

and high wage workers with wages that increase, while the goods they buy stay relatively the same price and their mortgage payments become easier

>>22303597
https://www.youtube.com/watch?v=PHe0bXAIuk0

I understood this post because I watched the above video today

>>22302492
>credit-worthy borrowers
personal debt at all time highs...what happens when there are fewer and fewer qualified borrowers...banks will continue to make loans to unqualified borrowers and sell debt on secondary market, knowing that FED will buy.
>QE is asset sawp
not all assets are created equal. wouldnt banks simply use this offload toxic debt off their books at face value when they are in fact dog shit?
>FED actions do not effect interest rates
but they sure as hell pick winners and losers, right?

>>22303340
>/pol/ boogeyman out of nowhere
Kys

>>22302916
A few months ago they were which is what caused such a sudden spike in the strength of the US dollar. However now everyone sees the writing on the wall for the US dollar as QE continues and will have to continue to keep kicking the can down the road. China announced recently they will be reducing their hold of US treasuries by either selling them or letting them reach maturity but this means they will no longer be seeking to buy US debt.

>>22303142
The US dollar is at the whim of fed actions - fed actions thus far have been very clearly inflationary - buying bonds with printed money from banks. These banks are sitting on a ton of capital that isn't entering circulation until lending increases - until then people are saving and there is less spending so we sit in a temporary deflationary period.

I agree on PMs, they aren't fantastic long term investments and are better played on inflationary spikes like the one we're likely to see from the affects of all this QE.

The real estate and stock market bubble are a direct consequence of 2008 QE inflationary practices. All that money went into hard assets (why would it go into consumables - things that CPI tracks, that wouldn't make any sense at all). You can also see the affects inflation on healthcare and medical costs. None of this bubble has started because of 2020 QE, only be exacerbated by it. If anything Corona gave the fed a deflationary period that would slow down asset inflation and delayed the need for a large crash. The cracks in the economic system have been showing themselves for a while now, there just needed to be a catalyst. If you donned your tinfoil hat one might even say that's why the virus was blown so out of proportion to how deadly it actually is - to expend the deflationary period primarily at the expense of the lower class and small business owners.

>>22298838
anyone got that 'tailor-made and crafted for bbc' pasta thats been doing the rounds the last few days

>>22301432
Were you the anon that posted this in an /smg/ thread?
https://www.reddit.com/r/wallstreetbets/comments/i1u3rm/the_dollar_standard_and_how_the_fed_itself/
>inb4 r*ddit

>>22298838
Please be real

>>22303597
But once things are back to "normal" won't all that new money make it's way into the economy and then create inflation?
Or did the majority just go to assets

>>22298838
They raised their inflation target, printers have been running non-stop. What do you think? Do you actually believe the fed would tell you that the dollar is going in the gutter? They want you to hold it for as long as possible so they can profit as much as possible. Are you really this retarded?

>>22303915
Nope, but that was quite the read. I don't particularly agree with everything in the post (especially considering where we are now) but I'll be watching the bond market closely this week.

>>22303597
Is deflation really so bad? We've had nothing but dollar devaluation for 3+ decades. Can we actually gain some fucking purchasing power for once?

>>22302697
Because it's shiny.

>>22298838
ok no one actually thinks this inhuman boob size is attractive right?

>>22305433
i definitely don't, or the giant asses. it's something the jews have convinced the white man to like, to drive us away from race-loyalty.

>>22303892
>US dollar is at the whim of fed action
not exactly. Fed action on the USD is driven by, in large part, fluctuations in the forex/eurodollar markets. Also, demand by institutions, governments, other large holders. The Fed just doesn't in act policy because. It monitors what's going on these markets and acts accordingly.
Do you think a USD collapse is imminent ?

>banks are sitting on a ton of capital that isn't entering circulation until lending increases
>real estate and stock bubble are direct consequences of 2008 inflationary practices
the banks get their hand slapped after 2008. They now hoard capital for the last 10years due to not wanting to be in the national spotlight as the bad guys, hauled in front of congress, being bailed out and the nation hating them etc. Yet somehow, they lend enough to inflate another real estate bubble.

> until then people are saving and there is less spending
source

>PM's are better played on inflationary spikes
when it comes to gold, it will either overshoot or undershoot inflation by a considerable margin, in 10 or 20yr time periods. Given it's volatility, I guess you could live with that.

>>22306366
>Do you think a USD collapse is imminent ?
people on DXY are cheering for it to go down in value.
All they're saying is fall fall fall and this is manipulated lol nobody is buying.
There is no enthusiasm anywhere.