/biz/ - Business & Finance

But I don’t need to tune in to know dollar is not strengthening this year no matter what she says because Biden is printing another 3 trillion dollars this weekend.

>>26200463
The USD can’t strengthen when they are printing trillions. It may show relative strength to eg the EUR but none of this is a headwind for BTC.

1) crypto investors don't care about forex
2) noone cares about USD as currency anymore, it's banana republic money now

>>26200463
Literally a nonevent

>>26200536
you hit it right on the dot. everything now is a cosplay event, even if they say it strengthens and biden is a strong leader, everybody knows they are just larping.

action speaks louder than words. how strong can the USD get with trillions printed EVERY WEEKEND

>>26200463
They will literally NEVER augment the rates until the USD dies.

>>26200463
BTC is fragile to DYX movements, Democrats historically push for a strong USD while Republicans push it down to make US exports more competitive. She could unleash a shitstorm in the gold and crypto markets today.

>>26200463
Buying opp before potato joe prints another 10% of the money supply this month

>>26200463
OH YES GOY LISTEN TO THE FED WHEN THEY SAY HODL DOLLARS

>>26200463
>If she says the USD is strenghtening this year

LMAO were the fuck do you think you are?Yellen is the QE central banker, and usa politics have lost their minds they are expanding the monetary base zimbambwe style and expecting the whole world to baghold the dollar.

This was not 2008 the usa leadership does not seem to get that in 2008 they had 40 years of stable monetary policy , this time only 8 before they went full retard in april.
The world will act if they expand the monetary base again like last year.

>>26201211
You'll carry our bags, foreigner.

>>26201211
China keeps slaving away in factories to produce goods for dollars that Amercia prints and gives away to it's fat citizens who do nothing all day, it's like the Americans have made the Chinese into their slaves lmao.

>>26200463
>If she says the USD is strenghtening this year

IF SHE SAYS DOLLAR GO UP, THEN DOLLAR GO UP.

What sort of retardation is this?

Also you know they are constantly printing the dollar right? More dollars = more dollars required to buy thing. Economic 101.

>>26201348
You think China is going to continue accepting USD when it keeps getting printed like monopoly money?

>in b4 MUH ARMY

>>26201494
yeah I do, what else are they going to do? Also not an American if it wasn't obvious in my last post, just admiring the scam. Europe does it too, the ECB has been printing nonstop all year.

>>26201640
I don't know, but China and Russia have been buying gold like crazy, so I would be surprised if they have some gold backed digital Yuan / Rouble. Or some new Bretton Woods agreement as to what the reserve currency should be.

There has to be a reset, it can't go on like this. It's a race to the bottom to see who can print the most fiat to stay competitive.

>>26201454
>IF SHE SAYS DOLLAR GO UP, THEN DOLLAR GO UP.
She just happens to run the US treasury by accident

>>26201271
I can't my government literally banned usd purchases for citzens.

>>26201348
No you brainlet , china is milking the usa , same as mexico.
Why do you think mexico commie president was pro trump?
They all want a weak dollar because it means us industry is moved outside the usa due to the triffin dilemma.

China will be pretty comfy larping as globalists neolibs for 15 more years if it means even more industry moves there.
Even Mexico foro of sao paulo commie president is larping as a free trader.

who?

>>26200463
Well. They’re not going to come out and say they’re weakening the dollar, even though they are planning to by printing trillions.

>>26200463
hahahahahahahahahaha holy fuck. imagine giving a fuck or thinking this matters. I bet you vote in elections and think your vote is counted too, you fucking retard.

>>26201976
>They all want a weak dollar because it means us industry is moved outside the usa due to the triffin dilemma.
lmao, it's literally the opposite. Why would a weak dollar means they would outsource manufacturing? a weak dollar makes it cheaper for foreigners to import US goods, thereby making it more competitive. A strong dollar on the other hands, means that it will be more expensive for foreigners to import goods from the US.

>>26200463
They got her molesting kids. Don't worry it doesn't matter what she says , Cuz she's a kike anyways.

>>26201804
my 2c assumptions..
The global consortium will presumably have designated potential currencies as a replacement or in supplementation of global trade and their respective civil and corporate agreements or contracts.
I would assume their intent is to standardize or create an international reserve currency based on the floating exchange rate of major GDP trade nations and distributed predominantly as digital assets and denominated in a notional globally secure currency (I would assume the Euro, Yen, Yuan, Rub and similar to the exclusion of US dollars and those heavily affected by its devaluation).
This will probably be an attempted phased transitionary period wherein the consortium will attempt to decouple international exchange from asset backed fiat currency and towards a debt-based asset-stabilised digital currency. (DBASDC) Also bearing in mind all fiat is already digitally-based and issued with secure limited physical issue backed by fed securities issuance. While this occurs they would also need to install or promote an international regulator.

Let me fucking guess the Asia euro and the IMF, between Japan and china alone that is literally 6% of total foreign held debt.. together with the repo market and securities market of the US in total the global banking system owns something like 21 trillion of debt from just the US alone. Bruv, this is a hell of a way to pay yourself bonuses and install powerful friends. There’s literally too much money, how the fuck do they manage to tuck it all in their pockets? Like this is oligopoly wrote large.. how the fuck..? The social security implementation better be fucking worth it coz its fuckin cucked bru..

>>26201454
HAHA DOLLAR GO UP
WAGE STAY SAME
CUMSOOOOM
BUY $250,000 HOME

>>26201348
>it's like the Americans have made the Chinese into their slaves lmao
why do you think we were in afghanistan? the taliban, or securing the southern border of the trade route from china to israel and europe?
Why do you think Iran is such a geopolitical problem? could it be the same reason?

>>26201348
I wonder why on earth China does this, unless they're playing the long game in order to collapse the US economy as the expense of their own, if not then they are just being busy idiots

>>26202345
writ*
>fuck you grammerly

>>26202492
>unless they're playing the long game
China is always playing the long game.

>>26200463
Yellen is testifying before congress not giving your economic plan or outlook

>>26202265
>weak dollar makes it cheaper for foreigners to import US goods, thereby making it more competitive
Can someone with a brain explain this to me? Wouldn't the US goods prices just rise as the dollar becomes weaker?

>>26202464
why on earth would you need to send israel money and other minor foreign aids while you sign a stimulus for domestic aid bill on page 1?
>probably to secure them as an ally against the belt and road initiative and globohomo restructuring.
zion or no they are a VERY powerful intelligence organisation, which happens to be the achillies heel of both the superpowers trying to court its favour.
Sorry USA literally no one else on the planet tolerates muslims, your demo will shift to 55% latino, 30% arab/med, 10% blacks and 5% asian. fuck off we're full whitey. (5 years time, cap it)

>>26202641
It's bullshit cope, a weakening currency is never a good thing, the whole reason a country exports goods is to be able to import goods. A weaker currency means more goods need to be exported in order to receive the same number of goods imported, if a weak currency was a good thing then devaluing it to 0.1% of its value would cause massive gains in theory but in reality it means that country is bankrupt

>>26202837
https://en.wikipedia.org/wiki/Mercantilism

>>26202967
https://en.wikipedia.org/wiki/Pseudoscience

>>26200463
Fiat currency is the OG rugpull

>>26202345
think remics and reits but for the scale of government assets but also and not limited to private and public debt, like again and always your precious mortgage-backed credit default swapped real estate.
>kicker is they'll make you pay tax on losing it too

>>26203017
i was trying to imagine the first OG to rugpull someone.
>pictured a guy shafting a hooker for fish payment by literally pulling a rug from under her. he probably said she was a witch too

>>26202265
>lmao, it's literally the opposite. Why would a weak dollar means they would outsource manufacturing? a weak dollar makes it cheaper for foreigners to import US goods, thereby making it more competitive. A strong dollar on the other hands, means that it will be more expensive for foreigners to import goods from the US.

Not for the reserve currency

https://en.wikipedia.org/wiki/Triffin_dilemma

https://wtfhappenedin1971.com/

You are correct for everyone else , this is why mexico president shilled for trump, for a nafta 2 country a strong dollar is good.

For china a weak dollar is good because it means more in circulation around the world , it will also increase commodities price but so will industrial demand

>>26202464
>the USA being in the ME for any reason other than serving its Jewish masters

Post nose

>>26200536
Yeah, no one would believe it. How could the dollar possibly strengthen?

>>26200718
>everything now is a cosplay event
Kek! So true! :D

>>26203684
>How could the dollar possibly strengthen?
Markets are efficient and price things in before they happen. The brr last year caused the dollar to tank to a 5 year bottom, Democrats taking over and pursuing globalhomo interests will push the dollar up because the US is not trying to export anymore. Trump deliberately devalued the dollar to pump exports.

>>26200463

Ugly, old boomers trying to hold on to their debt based enslavement system.
Disgusting and pathetic.

Why the fuck would saying "we are strengthening the dollar" mean shit when it's only backed on faith in JewSA and that faith is all washed up?

>>26200463
She's an old boomer comfort telling fucking retarded sheep to go back to sleep everything will be fine. What you thought she was money god or something? God you're a gullible stupid bitch.

>>26200463
if the dollar somehow strengthens then everything we know about forex is wrong
>BRRRRRRRRRRRRRRRR

>>26204407
>gullible stupid bitch.

Yea, fuck you for having an a opinion and trying to get discussion on it like an adult. We just autistically hate everything mainstream here and insult anything otherwise. Combined this thread is probably worth 25k, we are legion!

>>26200463
>USD strenthening
LOLOLOLOLOLOLOLOL

>>26200463
> inb4 we couple the dollar on the bitcoin

>>26200536
Yep.

It's live goyim

>>26201211
This. Checked

As an American I for one welcome this ponzi scheme system collapse and will laugh at nocoiners and stacklets as their monopoly banker fiat coin is turned into toilet paper.

You could have prevented this.

>>26204597
>calls me a dumb nigger for not listening to everything this dried up cunt has to say
>discussion like an adult

>>26205899
Who hurt you?

>>26200536
fpbp
we already know the answer
yellen is just a puppet

>>26204597
>Combined this thread is probably worth 25k, we are legion!
You are the only poor in this thread

what did she say?

>>26204146
>Democrats taking over and pursuing globalhomo interests will push the dollar up
You need to take your pills

>strenghtening
>2 trillion stimulus

Are these retards for real?

>>26205968
We live in global lockdown where the police are made to shutdown small businesses, wake up from your retarded normie catchphrases.

>>26206294
not only this
>Bernie Sanders is the chairman of the Senate Budget Committee

>>26206487
damn that didn't occur to me, but then I guess it's really only a change from

>we don't care about the deficit in the slightest and will dump money from helicopters towards anything

to

>we should have even more helicopters raining even more money

>>26206487

Yellen was president of the San Francisco FED kek.

Why did he say "Biden" like "Bitin"?

>>26205852
uh, yeah, is this the based department?
Couldn't agree more, frien. We could have prevented all this, but the previous generations were too weak, cowardly, and foolish. As the dollar dies, will we see war? Will we finally free ourselves from usury, fiat, and debt based slave-life?

>>26200463
>If she says the USD is strenghtening
Do you think this lady knows something all the other traders don't already know about dollars? How does that even relate to crypto? Crypto is in another space.

So what's going to happen when $2T of stimulus checks hit NPC bank accounts when the country is in lockdown?

>>26201804
Ww3 happens before there’s a reset

>>26201348
Short term < Long term, in global politics. It may work for your hedonistic self, but in country level it is fatal.

>>26200463
She's reading a script.

All I know is that she doesn't like crypto but also doesn't want to "stifle innovation" or regulate it. These things coincide with my motives and for that I am ok with her.

>>26206770
ww3 it’s an economical war that started long time ago my fren, and china is clearly winning
bad times ahead, buy btc

The dollar is dumping as she speaks kek

>>26200463
she just said she's going to print fucktons of cash for minorities. dollar gonna plummet hell yeah

>>26207057
Ah yes buy high sell low

OH FUCK SHE SAID WE SEEK A STRONG CURRENCY, SELL SIGNAL

>>26200463
no change in fed policy until at least 2023
listen to this hag if you want and enjoy wasting your morning

>>26200463

>>26200463
If you live in the USA this administration is coming for your Bitcoin. No doubt about it.

>>26200463
Probably one of the stupidest posts I've ever seen on biz

>>26201976
He was not talking about citizens holding usd. Every country holds USD as reserve. Mainly for getting oil since usd is the standard for that exchange. Look up the petrodollar.

>>26200463
Priced-in you fucking kike. Dollar gonna drop more after her speech. YOU’RE NOT TAKING MY BITCOINS

Just build back better bullshit so far. Climate change, electric, etc.

>>26208352
This.

>>26208352
>>26208446
Get educated morons. Bet you think BTC mooned because of the halving.

>>26208310
>“Getting ahead of the curve on preventing cryptocurrency providers from repeating the crimes against low- and moderate-income residents of color that traditional big banks have is—and has been—critically important,” Congresswoman Tlaib said.

>“Working class communities like mine in Chicago already face tremendous barriers to accessing financial services and credit. The Trump administration’s deregulation of our financial system has opened the door for tech companies to consolidate their power by preying on people of color with products that promise inclusion but only undermine our banking system,” said Congressman Jesús “Chuy” García.

Burgers are def fucked with retards like this in congress. Better dump those RACIST STABLE COINS goyim!!!

>>26208359
>YOU’RE NOT TAKING MY BITCOINS

wouldn't the dollar dump if she says its strengthening you fucking retards?

Why is this grandma in charge of the economy?

https://www.kitco.com/news/2021-01-19/Gold-price-maintains-daily-gains-as-Yellen-says-U-S-does-not-seek-a-weaker-dollar.html

>>26208593
She literally said the Dollar is not going to be devalued, rending anti inflation assets useless in Biden's term. Btc will dump simple as

>>26208847
and yet she also supports rising wages on Main Street. choose one.

>>26208847
>the Dollar is not going to be devalued
>yellen LITERALLY said so!!!

Good luck goyim

>>26203215
kek

>>26207700
Wise pilled

>>26208847
biz never learns they always believe the jew fucking idiots

>>26204597
i like your thread, OP

>>26200463
isn't that the woman who did a breatharian diet and scammed people for donations?

How can normies be this retarded?

>>26208847
Exactly, the Federal Reserve is known for telling the truth as are all bankers.

>>26208987
does this twitter poster know she's not going to be the fed chair again? might as well say dxy was up under jack lew and make money printer go BRRRR memes of mnuchin. shit i'm not even a burger and know more about this than that twitter fag

Here we go, CGT...

>>26209723
So basically:
- wants to raise CGT at some point (probably next year, following Trump tax act precedent)
- curious about possibilities re: taxing unrealised gains but it's a technical clusterfuck... I'd say 3-4 year timeline for this

>>26200463
this bitch is worthless, so her opinion is worthless, crypto is bullish regardless on what she/he says

>>26200536
>>26200559
>>26200726
>>26201211
This. The USD is dead and dems killed it. The failure of the USD standard will lead to global recession the like of which we have never seen before and we will be entering a new financial standard withing the next 5-10 years. America will most likely not last the effects of the Biden administration.


>>26200751
>Democrats historically push for a strong USD
Ah yes trillions in printing, debasing the national currency, increasing social programs via deficit spending, which in turn increases printing.

The cycle of democrats does anything but push for strong USD.

>>26200463
you forgot to buy anon ? you think this bitch is gonna make Jeffs and elons Btc ? you fucking retarded ? or even GMS ?. like stfu.

>>26200463
Cash is trash

>>26205968
You need to go back to redd*t, nigger.

>>26205968
N

>>26209798
>taxing unrealized gains
That's insane and will crash the stock market but I will be rich by then so I don't care.

>>26202244
This is how PEAK retardation looks like kids

>>26208847
BETTER TAKE HER AT HER WORD!!

>>26200640
USD is still the standard reserve unfortunately. Until someone can challenge our military it won’t change.

>>26201494
What else are they going to do? And yes, unironically, the strongest military gets to determine the rules of the world. Until that changes we get burger dollars for our reserve.

>>26200463
A. I dont care about what women have to say
B. I most especially dont care what old women have to say.
C. Post more coom material next time and maybe I'll care.

>>26208530
>mining rate and supply shock doesn't affect the price, it's only because my totally uncorrelated dxy
kys retard

>>26208538
>“Getting ahead of the curve on preventing cryptocurrency providers from repeating the crimes against low- and moderate-income residents of color that traditional big banks have is—and has been—critically important,”
WHAT THE FUCK DOES IT EVEN MEAN
IT'S FUCKING DECENTRALIZED
IT'S A FUCKING FREE CHOICE, BUY BTC OR NOT, IT'S THAT SIMPLE
>>26208847
stop larping ffs

>>26212185
What if I told you that you are both correct.

>>26203007
you are the cuckest, s`oyest, faggiest fucking retard on this entire website

>>26209303
She's right, if they need to publicly clarify that they don't intend for their currency to eat shit, it's time to get the fuck out of that currency.

>>26212855
indeed every fucking shitstainistan said no need to worry about inflation before hyperinflation hit like an asteroid.

>>26208530
>dxy dropped 20%
>btc went up 1000%
>halving had no effect
...

>Biden's Treasury nominee Yellen says cryptocurrencies like Bitcoin
are of particular concern for terrorist financing, money laundering.

>>26210855
it's a wealth tax. gov is only going to get greedier as the years go by and the gibs train gets overcrowded and the bureaucracy inflates along with the currency.

>>26209798
>taxing unrealised gains but it's a technical clusterfuck... I'd say 3-4 year timeline for this
this will fuck the coastal elite liberaloids more than plebs. they will never do this.

>>26200463
unironically lost all respect for the us desu

>>26214202
if i ever make it, I still want to move there tbqh. Why wouldn't you want to live in collapsing rome?

>>26213398
checked
https://www.reuters.com/article/us-turkey-currency-erdogan/erdogan-invokes-patriotism-islam-as-lira-remains-under-pressure-idUSKCN1L50OA

>>26201494
To gain influence over American politicians yes. Chinks are very clever. Conquer America without kinetic war.

>>26200463
Who gives a shit what some kike in a dying empire has to say?

>>26207588
>buy high
lmao

>>26208847
o fuck is this the sell signal?
I have a couple of DAI that I might need to liquidate

ARE YOU FUCKING KIDDING ME! JANET FUCKING YELLEN! might as well move everything to XMR and AU AG. This kike is gonna destroy tue financial system.