/biz/ - Business & Finance

[Anonymous No.23313740]

High iq Anons, can anyone explain how the markets are not crashing 7 months into chink flu when all market growths are in negatives except for china.
Is it because of all the quantitative easings done in the past? Is it because big banks wants the market to stay afloat? Can anyone predict the crash?

[Anonymous No.23313775]

>>23313740
Hedging their bets on returning to normal

[Anonymous No.23313827]

it all literally depends on the US elections
didn't you see that the entire financial market is 1:1 correlated to the thoughts and health of the amerimutt president

clown world

[Anonymous No.23313837]

It is because of QE, mainly the "Portfolio Rebalancing" effect from pic related. Basically QE makes bond prices too high and yields too low. Institutional funds have to shift huge piles of money out of bonds and into risk equities in order to get the fixed income returns they need.

[Anonymous No.23313846]

Look at the equation for inflation
It includes GDP, okay not great but just changes it down some percent
It includes printing, this is done massively currently
And it includes hoarding, this is where they are carefully controlling it

So basically, for every dollar printing the biggest earners are hoarding an amount higher than that printing adjusted for lowered gdp.

Additionally many of these earners are the banks themselves, however in this case it isnt being hoarded, its being used to attempt to fix fractional reserves due to increased demand by people to withdraw.

The crash happens when people realize the bank prints every dollar you withdraw from the bank account because every reserve is depleted.

The economy collapsed 8 years ago. We are currently in the "dark ages". Its not quite as bad as history made it sound, not as sudden. But trust me there will be hard years reported about these times, unemployment, sickness, market crashes, bad healthcare and technology, people living on the streets

[Anonymous No.23313858]

they already crashed and recovered

[Anonymous No.23313985]

real prices have crashed, and are continuing to do so.

its only nominal prices that are rising.

you're not naive enough to actually think that paper and plastic notes that any government can print are real money, right anon?

[Anonymous No.23314008]

>>23313846
I thought all this was because the dollar was taken out of gold standard in '71. Which made it possible for all the QEs to happen.What do you mean the market crashed 8 years ago anon?
I get the hoarding part. But wont it come back to bite the banks if inflation starts?

[Anonymous No.23314028]

The value of cash and other assets became more of a joke. This means that hoping that a large compay makes it through this and the value goes up is good odds. Add onto that people who jump on and play the stockmarket while bored and locked down and you are set to not see things for a bit.

TLDR: Government burned the value of cash and stocks are not as bad deal as being a dickhead wanting to run a small business.

[Anonymous No.23314043]

>>23313985
This tbqh

[Anonymous No.23314059]

>>23313740
Because the fed has signalled that they will backstop everything via QE Infinity

[Anonymous No.23314079]

Because this is all a conspiracy by China working with WHO terrorists and American traitors in a controlled demolition of the economy, the plan is to blow the economy up after pedoJoe wins and usher in concentration camps, which will be called "quarantine" camps for the people too stupid to see the big picture

[Anonymous No.23314165]

>>23314008
even before the dollar was removed from the gold standard, in the 1910s the dollar was invented. We should have kept real gold coins as our dollar. But yes of course nixon made it much worse.

8 years ago bitcoin was accepted. Meaning like a virus itll never go away. It will spread and push wealth disparity whether we want it or not. Its an unstoppable force and blockchain will lead to massive wealth for very few that will basically be untouchable by ((((they)))). Not to mention ethereum and all the new shit now thatll push away current unfair taxation systems. However to move on, many will probably feel a growing pain, and will the new system be more fair? I dont think so. We will need to stick together as a humanity once the government runs out of money, which is basically now.

Banks are toast dude. I realize CZ runs a cex not a bank. But just look what he says about future prospects for binance

[Anonymous No.23314184]

>>23314079
To add to this, corporate takeover is here. Small business is being crushed ON PURPOSE. Automation is coming. Your options will be
A) collect UBI, stay inside, wear a mask
B) work in Amazon factory cube
The world will be unrecognizable by this time next year. Welcome to the “new normal.”

[Anonymous No.23314315]

>>23314008
No i dont think banks are preventing inflation i think its some wealthy elites probably the dudes running the fed. Realize hoarding is inflation, not printing. They are printing massive amounts and the dollar is still basically deflating. Because MORE is being hoarded. Like i said look at the equation. Soon so much will be hoarded that poverty will set in and it cant just unwind, because as soon as the elite start spending we will see the hyperinflation you are talking about. Including the banks which is why they are doing their spending into real estate and shit. Basically theyre bailing on the dollar

[Anonymous No.23314370]

in before brainlet comes with a retarded Peter Schiff theory ' muh inflation'. I'll let you in on a dirty little secret OP. We will see a deflationary cycle like in 1929 and you will be on your knees sucking dicks for a can of beans or you can be based like me and buy goldstonks when markets dump again like in March

[Anonymous No.23314445]

LE GREAT RESET MEME
THE CHAINLINK CUBE MEME
THE STANLEY CUBBBBBEEERIK PREDICTING 911 MEME

WHAT THE FUCK IS GOING ON?????????

[Anonymous No.23314456]

>>23313985
Anon can you elab on the difference between nominal and real prices. Why does nominal have so much power?

[Anonymous No.23314483]

>>23313740
you know how bizlets fudded chainlink so they could get in at cheaper prices?
think of this as a mass FUD so people sell what little assets they have into the hands of the wealthy before a combination of a massive bull run/inflation occurs to price everyone out forever.
Hedge funds need weak hands to sell into their buys so they can get cheap assets

[Anonymous No.23314721]

>>23314370
How do you think the deflationary crisis begin? Do you think the Fed will decide to fuck it all up on a predetermined date?

[Anonymous No.23314774]

Ok, so lets say you are me: temporarily on reduced pay because of medical issues so my paycheck is cut in half barely leaving anything after paying rent & expenses. Have about 5k in crypto. No cash reserves or savings other than 20k in ira I cant touch until I quit job. No precious metals because I cant afford them and wouldn't know where to get them and not get ripped off. Have a ton of guns and ammo.

Wtf do I do? I've already sold some of my favorite guns to pay bills and whenever I think of selling another I feel sad and I have so little in crypto it makes no sense to sell it off for gold. My situation is dire so I have adopted the yolo strategy of trying to swing my crypto stack hoping I will have 1 good trade that will give me a x10 or more because that seems like my only hope right now.

[Anonymous No.23314810]

Because markets represent the top corporations, not economy. Everybody wants markets to go up, so it'll happen.

[Anonymous No.23314824]

>>23314774
Gold is one of those funny dead money sorts of assets. If I had any left after my tragic boating accident I’d sell my blood before I’d sell my shiny

[Anonymous No.23314834]

>>23313827
you're a fucking retarded noob if you're just finding out that markets react to US politics

[Anonymous No.23314867]

>>23314824
I agree but what am I going to do with 1 gold coin?

[Anonymous No.23314870]

>>23313985
They're going to switch to cryptocurrency. Potentially a single global currency.

[Anonymous No.23314877]

>>23314165
btw just to clarify my point on "it" will never go away. I dont mean bitcoin, i mean blockchain. Bitcoin is fucked.
I could even see satoshi as a fed ploy to hoard money. ((((They)))) love hoarding because it allows more printing. How can anyone believe bitcoin hasnt been rekt? 3 functional mining pools control the security, all tx fees are moving to ethereum, taken over by blockstream in 2017. Satoshi is quoted as wanting fast smart contract compatible chain, that isnt bitcoin

[Anonymous No.23314973]

>>23314877
Why would (((they))) choose bitcoin, ethereum or any existing coins as the new currency when it implies they will lose the massive power they have in the current world. I think the elites will make a new cryptocurrency which they can manipulate to some extent.

[Anonymous No.23315005]

>>23314973
thats fair i might be wrong there. Like you said thats true, look at xrp.
Maybe satoshi isnt a ploy. I still feel btc is rekt long term

[Anonymous No.23315294]

>>23315005
BTC is fucked. There's no reason for it to exist. It's a completely useless boomer shitcoin. People think it's a store of value but it fucking isn't. It is 100% speculative. On top of all of that, it's immensely inefficient compared to other cryptocurrencies such as XRP.
>>23314973
You're probably correct about this. There is likely to be state-sponsered cryptocurrencies that are clones of ones that already exist. There's no good reason to use an already existing currency when it would be much cheaper to control one you are in charge of.

[Anonymous No.23315684]

>>23315294
>enter ren

[Anonymous No.23315710]

>>23313740
Jews

[Anonymous No.23316427]

>>23314877
>>23314973
>>23315005
holy mother of brainlets...

[Anonymous No.23316472]

>>23316427
Oh no. Its gmax. Everyone scramble.

[Anonymous No.23316862]

>>23314870
This. But before that can happen, it has to be decided which group issues the currency, and therefore which group controls the world. The only way to do that is through capital destruction of the enemy. Economic and potentially physical warfare will decide what the new world reserve currency is. Brace yourself, the great currency war is inevitable.

[Anonymous No.23316942]

>>23316427
Im not saying xrp or bsv is good either btw. I used to think polkadot was the best but found out about gavin woods pedophilia. Now i unironically think ethereum 1.0 is going to be as close as we can get

[Anonymous No.23317597]

the market's perception is that the fed will save the economy
fed will keep printing more and more money to fight deflation from technology innovation
the money printed during the past 7 months countered neg-effects from corona
the amount of technology innovation that is currently happening is unprecedented. all this technology innovation will move our world into a deflationary state. the government's around the world are aware that we are entering a deflationary era (due to tech innovation).
all governments will print exponentially more in the next 10 years to combat deflation from tech innovation.

the world is shifting fast, due to tech. government's will need to change the structure of government in order to adjust to this new deflationary paradigm.

i'm pretty excited about the future.

[Anonymous No.23318596]

>>23313740
Anon I'm gonna be honest with you. This world you refer to as clown world is actual a simulation where we test how you (subject of study) perform in a world with fast unsuspected changes. Trump coming to power, fast crypto gains (afterwards losses), current race riots, economic bullrun for no reason etc. Your doing fine atm, just keep your current performance for an other 4 years and then we end this simulation.

[Anonymous No.23319183]

>>23316942
>>23316427
>>23315294
>>23314973
Listen up, johnny, what we got is a proof of work scheme whereby a certain foreign government agency has cornered the market on work. You think btc be king? It is a forked trashcan. Mt Gox was a glowing attempt to steal back some control. Too bad chinese nuwealth sent their kids to american uni for >> finance >> stem >> cs with oodles cash to invest. This is 20 years in the making, a red revolution for the US financial hedgemony. Now, we hab wait and sea whether dey can take control

[Anonymous No.23319409]

>>23317597
The china flu is emphasizing a point I've been making for years which is that all these wageslaves running around aren't actually accomplishing anything anymore. They're just digging holes to fill them back up.

Everything in your room was made by third world slaves who submit to your hunger for products based on the threat of force and a global brainwashing machine. Most jobs are irrelevant to the economy.

[Anonymous No.23319953]

[Anonymous No.23320131]

>>23314834
Are you meming or just a histrionic ameritard? Read some history.

[Anonymous No.23320260]

>>23319409
yes manufacturing is concentrated in developing countries because it's cheaper for developed countries to import majority of goods
>wageslaves running around aren't actually accomplishing anything anymore
>your hunger for products based on the threat of force and global brainwashing machine
>most jobs are irrelevant to the economy

i think you went too deep in the rabbit hole. your views are "extreme idealism", something charlie munger talked about.

you need a more balanced point of view in order to see the truth. i was once in your position

[Anonymous No.23320351]

USA has minted 20% of its circulating supply in 2020. Nuff said

[Anonymous No.23320418]

If anyone wants to watch a seriously good documentary on this kind of topic discussed here, I HIGHLY recommend this documentary.

https://www.youtube.com/watch?v=mDlnM481Gcg

[Anonymous No.23320492]

>>23314973
lol u r so fuckin dum

[Anonymous No.23321253]

>>23320260
If most people would stop working we would be better off than we are spending limited resources on nothing. Politicians are pressured into providing jobs so policies revolve around making as many people as possible seem like they're doing something. Governments are pressured into working against efficiency instead of encouraging it. This has been going on for so long that almost the entire economy of the west is "service based" aka made up.

If you pay me to suck your dick and I pay you to suck mine we have not accomplished anything but the economists pretend we did.

[Anonymous No.23321798]

>>23321253

I agree there are sectors in the economy which are 'inefficient'. The shift into a service-based economy is a result of prosperity. The wealthier societies become, the lazier/entitled people become, thus 'service-based/pleasure industries' grow in demand.

I agree that governments are pressured to allocate capital inefficiently.

I think we are just undergoing a shift. Of course it'd be ideal to have the countries economy based off efficient/net positive industries. This is simply not the case though, so government's do what they can to satisfy societies needs.

[Anonymous No.23322054]

>>23321798
>a shift
Into theocratic monarchy.

[Anonymous No.23322077]

>>23313740
People who actually have real money also have brains and see it for the retarded hysteria it is.

Fear theater is only for the cattle masses. Real guys know how to tune out the noise.

[Anonymous No.23322260]

>>23322054
the main thing i see going into the future is

technology innovation is deflationary
moore's law in tech innovation means we are about to see exponential deflation in the next 5-20 years
technology capacity doubles every 18 months, according to moore's law. each time it doubles, the consequences become even more drastic.

government's around the world are setup to function in a inflationary environment
government's will need to change how they function, in order to succeed in a deflationary world.

the amount of money printed in the last 20 years to fight inflation, will look like peanuts, when compared to the amount of money printed in the next 20 years.
government's will need to print exponentially in the future more to counter deflation caused by tech innovation

[Anonymous No.23322811]

>>23322260
Societies that allow themselves to deflate will just go extinct or at the least become dominated by the ones with vigor and fertility. Technology growth will deflate as well and you can't print yourself out of that. The US will be inherited by Mexican Mormons.

[Anonymous No.23322900]

>>23322811
uh no
government's just need to print more money to counter deflationary forces, which are
>increasing unemployment
>lower wages

that's why UBI has become more and more talked about
UBI is to counter-balance the negative effects of tech innovation (which are, as mentioned above, lower wages/increasing unemployment - since AI/robots makes human labor less and less relevant over time)

[Anonymous No.23322923]

>>23322811
https://www.youtube.com/watch?v=EbWv_1NbWyw&ab_channel=WallStreetJournal

sneak peak into the future

[Anonymous No.23322939]

>>23313740
Boomer politicans own stocks and real-estate. They'll sacrifice as many childrens futures as it takes to keep the system going.

[Anonymous No.23323044]

>>23322900
>UBI is to counter-balance the negative effects
But it doesn't on its own. Given the same dominant social norms it contributes to same degenerate stagnation that leads to lowered birthrates and eventually slower technological progress.
>The wealthier societies become, the lazier/entitled people become
This has to be countered and it will be through unspeakable horror or through the force of will of a true king crowned by God.

[Anonymous No.23323066]

>>23313740
Because we keep getting helicopter money and infinite printing, just look at DeFi.

Clones of clones on clones

>I actually use BestSwap

[Anonymous No.23323090]

>>23323044
AI and robotics are replacing humans
within 5-20 years, almost all jobs will be better accomplished by AI/robots
human capital/labor is becoming less and less relevant over time

with better technology, societies can become lazier/less productive, yet, the economy can still prosper and 'grow'

[Anonymous No.23323349]

>>23323090
We built a tool to serve us and now you're saying serving us doesn't matter, only the tool matters. Are you familiar with the nature of demons and golden cows?
We're not served by becoming lazy meatbags serviced by robots. IQ is already dropping fast, the Flynn effect is not what it seems like. You want to make us even dumber and claim it's progress. When the system you envision is perfected you've made a machine that in effect transforms glorious builders of civilization, art and philosophy into mindless bags of meat.
You're not sane, your goals don't make sense. That's what happens when you abandon God.

[Anonymous No.23323830]

>>23323349
Doesn't sound like he's stating a goal, more like making a prediction

[Anonymous No.23323852]

Its because nobody wants to hold fiat

[Anonymous No.23323878]

>>23314456
Because normans are stupid

[Anonymous No.23323885]

>>23321253
>If you pay me to suck your dick and I pay you to suck mine we have not accomplished anything but the economists pretend we did.
Not true, we have both gotten our dicks sucked which, when you think about it, is the whole point of having an economy in the first place.

[Anonymous No.23323907]

QE is the only thing that's keeping everything afloat. As soon as the free money gravy train stops it'll be over. So many corps and individuals are simply positioning themselves for max federal reserve money, rather than working or creating new products. It'll all come crashing down no matter what happens in the election

[Anonymous No.23323932]

>>23313740
MARKETS ARE RETURNING TO MONKE
https://www.youtube.com/watch?v=8pLU6bUFoKY
ITS MONKEY SEASON LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.23323982]

>>23323349
it is serving us
it is making life easier
it is making life cheaper

sure
the consequences of that will be that people become 'lazier/lower iq', maybe true, maybe not, we don't know yet, because that reality has not come, so we can only speculate on what will happen.
but
the positives AI/robotics will bring to society will far surpass the negatives

i believe there is a 'god/higher power/the all'
i believe we are coming closer to scientifically understanding spiritual/religious phenomenas
waves, thoughts, matter, energy, frequencies, something something along these lines

[Anonymous No.23324015]

>>23323907
this is wrong.
there has never been a time, where businesses, must focus on being efficient/cutting-costs/adopting new technologies

the coronavirus is forcing businesses to innovate
technological innovation THRIVES during crisis, oddly.

[Anonymous No.23324118]

Happy to see XRP mentioned here a couple of times. One anon said they’re getting to roll out a one world currency, that cannot happen. Every country will have their own digital currency and they need a bridge for interoperability.

[Anonymous No.23324133]

>>23323932
LET'S GOOOOOOOOOOOOOO OOOOO OOOOO AAAAAAAAAHH OOO AAA OOOOO AAAAAAA OOOOOO AAAAAAAAAAAAA.

[Anonymous No.23324179]

>>23323830
A prediction that rests on everyone continuing to set themselves counterproductive insane goals based on flawed assumptions. If the US as a whole is deflating massively it's already lost the vigor of life, it's dying soon to be replaced by a group with vigor and a view on life not based on worshiping financial systems.
>>23323982
>we don't know yet
This is cope. We do know. You and everyone around you is slowly dying in a hedonistic haze accomplishing nothing. That's a fact not a prediction, we're not talking about some far future event. This has been happening for decades.

[Anonymous No.23324194]

>>23324118
I think the one world currency is far fetched but I don't believe it to be totally impossible. There's bound to be competition as the anon mentioned here >>23316862. I think it's more likely that currencies will be formed in coalitions. Maybe a NATO or EU, and Canada/US currency. Wouldn't be surprised if there's an Islamic currency minted by UAE. Probably will be a couple East Asian currencies.

[Anonymous No.23324219]

So is the economy sinking or flying?

[Anonymous No.23324262]

>>23324179
kek
you really think you know what will happen in the future with certainty?
kek

humans have repeatedly failed to predict the future.
with moore's law in effect, you think you can accurately predict the future?

[Anonymous No.23324391]

>>23324179
>hedonistic haze accomplishing nothing
that tone sounds extremely idealistic

[Anonymous No.23324402]

>>23324179
i get where you're coming from, but you need to have more hope for humanity brother

[Anonymous No.23324464]

>>23324262
This is sad cope. We reliably predict the future all the time. In the future an apple and another apple will still be 2 apples. I just predicted the future with as close to absolute certainty as is possible to be about anything.
If your goals are insane it doesn't matter how magical the technology you have is. If your goal is maximizing easiness and cheapness you'll get it but the end result is hell.

[Anonymous No.23324548]

>>23323932 >>23324133
OOOOOOOOO OOOOOOOOO AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.23324825]

>>23324548
he monke

[Anonymous No.23325208]

>>23324194
1984 george orwell would be laughing

[Anonymous No.23325239]

>>23313740
scientifically engineered crisis