/biz/ - Business & Finance

>somebody taking out a loan to pay for something and not being able to pay it back is the same as literally selling nonexistent supply

>>26885516
He's right tho, the fucker almost created (or did create) some kind of bitcoin during his papal days. Based Elon

>>26885939
/thread

>>26885516
Brought to you by the same (((people))) that lend money that doesn't even exist, at interest

>>26885516
he's right, retard. are you actually defending naked short sellers. kys

>>26885516
(((VESTIGIAL REASONS)))

>>26885516
BASED. Shorting is degenerate

>>26885516
but you literally can sell your debt and refinance. midwit take, but fuck the jews regardless

>>26885516
No one owns stocks. Cede and Company owns all the stocks you’re holding.

>>26885516
>south african
no wonder his IQ is so low

>>26886104
Its almost as if fiat is a make belief fairy tale currency backed by nothing at all.
>inb4 muh military

>>26885516
he's a tapeworm in human form

>>26885516
He's a billionaire despite having a stupid name, and you're on 4chan making shitty, inapplicable analogies that miss the point. Way to be a retarded faggot, faggot.

>>26885998
no he didn't, his parents owned an emerald mine filled with nig slaves during apartheid and he made some mediocre payment website he sold for millions during the dotcom boom

>>26885516
They are owned though. The jews own em

>>26885516
Elon plays the part but just remember they're all in the same tier
He just flirts with the edges

>>26885516
and stocks are like buying a timeshare that you can never use.

>>26886121
He's not right. It's literally called borrowing.

>>26885516
Hey, OP. Let me borrow this opinion and sell it back to you next week.

>>26886331
Fiat is the only thing you can pay taxes with autist. Tax-foundation theory game weak af.

>>26886450
Based massa

GET SHORTY
>GET SHORTY
GET SHORTY
>GET SHORTY
GET SHORTY
>GET SHORTY
GET SHORTY
>GET SHORTY
GET SHORTY
>GET SHORTY

>>26886450
that payment website was a good step in the right direction for decentralizing money, too bad it's just a bank now with a javascrpit button

>>26886450
that's even more based, what's your point?

Musk is literally a P&D artist. His brother has been selling TSLA shares all year.

>>26886786
BASED

>>26886752

Borrowing goods that already exist is different from borrowing a potential profit that might never arrive. This is why brokers ultimately need to rely on QE since they might end up solely with debt on their hands

>>26886450
That sounds based to me i don't know about your commie ass. "NOOO NOT MUH SLAVE NIGGERINOS!"

>>26885516
He's like .02 seconds away from naming the tribe

>GET SHORTY
WHAT DID HE MEAN BY THIS

>>26886786
kek

>>26885516
LITERAL NIGGER

>>26885516
It is completely clear, that as we speak, new rules for shorting are being worked out. Also, we may just witness the end of the bear as we know it.

>>26885516
It's called austrian economics

>>26886313
What exactly do you think the term "asset less liabilities" means?

>>26886450
He did that and it is well known. I wouldn't call him smart for it though

>>26887254
I mean I shorted GME at 480 and made 34,000 dollars, so.

>>26887251
Austrian economics is a hoax

>>26885516
>you own a copper mine
>you plan for your year copper at 2$
>copper goes to 1.5$ you are fucked
>you short copper according to production at 2$ and dont have to worry
shorting is not the problem speculation is

>>26885516
>>26885939
When the devil tempted Jesus to sell his soul to him, he offered the world to him in exchange, what is interesting is that the devil never owned the world and yet he uses it in his bargains.

>>26886450
wtf I love elon now

>>26887680
True dat. Speculators have been blamed (and often rightfully so) for thousands of years. I honestly think speculation is crucial to human nature so we cant really stop it tho. I mean you fags are speculating with those meme stock shits.

>>26885516
>something that can easily be done in an active market of fungible, digitally held assets through a network of brokers and exchanges with a system in place for marking to market isn't also done for illiquid, non-fungible assets like houses and cars
WTF

>>26886450
Ask me how I know you are from Reddit

>>26885516
>"invent" the century-old concept of putting a train in a vacuum tube
>make your "invention" open source
>???
>profit off memes and manufactured 'benevolence'

Real thread is here

>>26887613
>>26887613
>>26887613

Elon will be a federal prison within a year. He's like a notch above Skrelli.

>>26885516
Umm... Sweaty, papa Musk doesn't take credit for his houses or cars.

Also... You do realize that you can't sell a car or house that was bought with unpaid credit, right?

>>26885516
He is right tho.
Shorting should be illegal, if you are bearish sell calls.

Money != Wealth
Money is bookmaking. It's only numbers and credit/loan that doesn't
really exist.

>>26885516
The bank owns it. You’re paying the bank for the house. Shorting is selling stock NO ONE owns and we’re paying for it.
The difference is one let’s pay on the way to ownership and the other is fucking you in the ass until you cry for free.

>>26885516
Naked shorting is not at all comparable to selling houses or cars not paid down, it's selling houses and cars that simply don't exist

GET SHORTY

>>26885516

>>26889530
all he's saying is
>shorting bad
nothing illegal.

140% short interest is literally counterfeiting.

>>26886450
NOT THE HECKIN APARTHEID SLAVES

>>26886450
>paypal is mediocre

>>26886450
he didnt make the website nigger, he teamed up with peter thiel after they realized they were both trying to do the same thing

>>26887788
no, what's interesting is that the devil was not rebuked on that point, and only that point. jesus knows it's true. why don't you? you live in anarchy. the powers of the world are the devil's toys. the real king isn't here. yet.

>>26892375
Based theologian poster

>>26885939
how do u progress?
how do u invent electricity?
how do u invent transistros?
how do u make computers
how do u make internet?
how do u get a smartphone to write about cucking your dick off?
nigger.

>>26885516
>Elon reveals that he is a brainlet in finance
Shorts are there to prevent bubbles from occurring. It is natural in financial market. Something that keeps it in check.

>>26885516
Aghhhh why are people such turbo-brainlets?? If you don't understand something, maybe look it up before making a retarded statement like this.

>>26889767
>Umm... Sweaty, papa Musk doesn't take credit for his houses or cars.
Go back.
>Also... You do realize that you can't sell a car or house that was bought with unpaid credit, right?
But you literally can. And businesses, including tsla btw, do it all the fucking time.