/biz/ - Business & Finance

[Anonymous No.25986634]

Crypto is going to BOOM soon

[Anonymous No.25986653]

>>25986634
ALT SEASON

[Anonymous No.25986682]

>$15 wage
wait, is he not even going to phase it in?

[Anonymous No.25986701]

This is bearish. The market was expecting $ 2k, not $ 1.4k

[Anonymous No.25986726]

>>25986682
NOPE
get ready for some serious shit. Ammo and rations. Now.

[Anonymous No.25986735]

>>25986634
15/HR ??? WTF???

[Anonymous No.25986737]

Sell the news

[Anonymous No.25986742]

>>25986634
Biden is probably the best thing that could have happened for us now that I think about it. Trump would have restored society and people would regain faith in the dollar. But guys like Trudeau and Biden will utterly destroy it

[Anonymous No.25986835]

>>25986701
$600 all ready paid you stupid fuck...

[Anonymous No.25986846]

>>25986742
This

[Anonymous No.25986853]

>>25986634
This sounds actually good

[Anonymous No.25986920]

>>25986634
what the fuck, why don't us leafs get any sort of stimmy?

[Anonymous No.25986982]

>>25986682
>>25986726
you guys are so dumb and he isnt going to do that anyway

[Anonymous No.25987015]

>>25986634
>$15 an hour federal minimum wage

great plan, this will really help the food service and hospitality industries to start hiring again

[Anonymous No.25987020]

>>25986982
>biden proposes something
>"he isn't going to do that!!!"

[Anonymous No.25987024]

>>25986726
Did you forget your pills this morning?

[Anonymous No.25987026]

This is a slap in the face. We need a much, much, MUCH bigger stimulus package if we're going to recover. I'm thinking 109 trillion.

[Anonymous No.25987055]

>>25986920
you mean you didnt get CERB and put then into eth? i lied and got CERB for the max amount and then barely cleared 100k profits. not sure what to do know though.

[Anonymous No.25987059]

>>25986682
Kek

[Anonymous No.25987065]

>>25986634
They’re missing one
>$500b for Israeli aid

[Anonymous No.25987075]

>>25986634
>$15 min wage
get ready for big business only and small businesses to fail

[Anonymous No.25987087]

Minimum wage wasn't atleast 15 already? How to do people survive?

[Anonymous No.25987112]

>>25986735
>>25986682
>>25986726
nothing will happen retards. biden already told his corporate donors that 'nothing would fundamentally change' if he's elected. meaning, bigcorps keep doing whatever they want.

[Anonymous No.25987131]

>>25987026
We need ATLEAST 100 trillion for Israel's border wall ALONE, let alone for the american citizens!
>>25986634
Lmao, presidents just say random shit that makes city fags think they're in a utopia and that's the extent of policy.

[Anonymous No.25987143]

>>25987112
bigcorps are more than happy to fuck over small businesses

[Anonymous No.25987152]

>>25986634
What about the 2k promise? :)

[Anonymous No.25987172]

>>25987087
If you thought it was bad now, wait until it's illegal to pay people less than 15 bucks an hour. Welcome to neet life

[Anonymous No.25987198]

>$15 an hour federal minimum wage
>Already making $25/hr
>MFW runaway hyperinflation and my once good job is now dog shit because some retard that works at mickey d's starts at $15

[Anonymous No.25987206]

>15/hour
so americans get 3k per month for being waiters and complain? tf???

[Anonymous No.25987209]

>>25987087
Off of your taxes.

[Anonymous No.25987253]

I have a decent chunk of money in cash in the bank. Should I be putting it into some kind of vehicle so it doesn’t turn into toilet paper?

[Anonymous No.25987258]

>>25986634
Wow bros, I thought would trash the economy but I didn't realize they would totally fucking destroy it
All graduates between 2019 and 2023 are fucked for life. It will permanently change their career trajectories.
Young people and unskilled are all priced out of the labor market.
The experienced labor market is now extremely competitive.
You might get the housing wreck you hoped for.
People who work will continue to subsidize those who don't.
They're buying your apathy for $1400.
They'll take it back in your taxes later.
>>25987087
By not living in scamfuck shities

[Anonymous No.25987287]

400$ a week unemployment lmao rip America

[Anonymous No.25987291]

>>25987198
Same dude. What the fuck
They’re just raping the middle class to death

[Anonymous No.25987297]

Rentcuck here. Is it safe to say in order to avoid mass evictions after lifting the moratorium, that Biden will need to pass another stimulus to bail out everyone who hasn't been paying rent the past year? Should I just stop paying rent & wait for Biden bailout?

[Anonymous No.25987307]

>>25986634
FIRE UP THE BRRRRRRRRR

[Anonymous No.25987323]

>>25986634
BTC 1 billion incoming.

[Anonymous No.25987352]

>>25987198
exactly it negates so many years of our lives. it isn't like our wages magically rise because of this. fuck man

[Anonymous No.25987360]

>>25987055
cerb is basically unemployment
it isn't stimulus

[Anonymous No.25987362]

>>25986835
We want $2600.

[Anonymous No.25987375]

>>25987253
Yea, but it's a game of musical chairs. While the fed keeps pumping out money and banks keep interest rates down there is going to be potential to grow your money in stonks and crypto.
You just need tangible things in your home for when the music stops.

[Anonymous No.25987388]

>>25986742
race & heritage > money desu

[Anonymous No.25987390]

>>25987112
bigcorp loves $15 min wage. Puts wagecaging that much closer to skilled labor - which blurs the lines between the classes and effectively prices out small business competitors.

What do you do if you want to stifle upstart competition? Increase barriers to entry by forcing new entries to pay higher wages.

[Anonymous No.25987409]

>>25987112
Yeab big corps totally dont want to fundamentally eliminate mom and pop shops no sir

[Anonymous No.25987421]

do the needful ameriburger sirs

[Anonymous No.25987459]

>>25987388
Personally, as tall, beautiful white man, with blue highs and light brown hair.
I don't care about saving the tax paying simps that are 90% of the white race.

[Anonymous No.25987471]

>>25986682
To the best of my knowledge, fed laws are overruled by state, but eh, could be wrong.

[Anonymous No.25987476]

>>25987253
GOLD YOU FOOLS. GOLD PRESERVES WEALTH. WHY DOESN'T THIS BOARD GET IT.

[Anonymous No.25987480]

Remember what trump said. They were never after him. They were after you. Let’s crash the dollar shall we

[Anonymous No.25987538]

imagine if crypto was never invented. I would have fled this country kek

[Anonymous No.25987541]

>>25987015
Kek!

[Anonymous No.25987593]

>>25987360
i was a neet and still am why didnt you quit your job and just apply?

[Anonymous No.25987608]

>>25987538
This is a fucking disaster
How do I move to Russia?

[Anonymous No.25987609]

>>25986634
Imagine how much of that money is going to be frauded/embezzled
https://youtu.be/K0ck7hTsug8

[Anonymous No.25987613]

>>25987020
you think he's going to get us $2000 cheques too?

[Anonymous No.25987616]

>>25987291
Thats the idea. Reduce the middle class into poverty so the divide is much wider. The rich and powerful want even more wealth and power and theyre not going to stop until we’re all completely compliant with their desires.

[Anonymous No.25987637]

>>25987291
>They’re just raping the middle class to death
that started in the 60's

[Anonymous No.25987644]

>>25987593
I got temporarily laid off and applied
that's basically 75% of what I make in a month

fucking bs

[Anonymous No.25987741]

>>25987390
This ^
anon gets it

[Anonymous No.25987776]

>>25987608
gullible westerner lmao you will be skinned alive 10 minutes after stepping out of the plane

[Anonymous No.25987811]

>>25987388
>those digits

[Anonymous No.25987848]

JUST PRINT MORE MONEY
IT'S FINE
JUST GIVE EVERYONE MONEY
AAAAAAAAAAAAAAAHAHAHAHA

[Anonymous No.25987857]

>>25987291

IT KEEPS HAPPENING

[Anonymous No.25987892]

>>25987476
Gold can be confiscated, counterfeited, and, well covid-19 and actually finding a dealer that wants to touch, test, and talk to you about your rocks w/ a 2% transaction fee on buy/sell.
Wait what?

[Anonymous No.25987928]

>>25987616
Just to think that half the American people wanted this.
I knew most people were pretty fucking stupid but this is a whole new level on a scale of mentally retarded to full blown down syndrome. This pandemic really opened my eyes.

[Anonymous No.25987945]

>>25987015
>OH NO, NOT THE FOOD SERVICE & HOSPITALITY INDUSTRY
Maybe this will motivate people to get real jobs

[Anonymous No.25988007]

oh vey, and how much for Israel? that sounds antisemitic to me.

[Anonymous No.25988015]

>>25986634
Yeah and he’s going to tax the living shit out of the middle class to pay for it. All your gains are just going to get recycled

[Anonymous No.25988035]

>>25988007
Enough to make Netanyahu happy, goy

[Anonymous No.25988193]

>>25987020
Lol they never deliver dude. He already pulled a “gotcha sorry” with canceling student loans

[Anonymous No.25988369]

>>25987476
Cant hear you, dumping my entire value in shitcoins

[Anonymous No.25988396]

>>25987360
2000 a month or 1581 USD in free money for 8 months, to anyone who made the bare minimum in money is not enough for you? Greedy fuck.

[Anonymous No.25988419]

>>25987390
This.
I run a rural small business.
A town where you can rent a 3 bedroom house for $400 a month.
I have five or six small order picking jobs.
We are already at $11/h state minimum. It's a HUGE detriment to me being able to hire anyone decent up the ladder.
What the shipping manager is supposed to make $25/h now?
It's not a bread winning job. You get easy hours, easy work, days off whenever.
But I should pay $15/h like Chicago jobs.
It's specifically designed to put me out of business.

[Anonymous No.25988479]

>>25987065
No way 1/4 of the money goes to a foreign government

[Anonymous No.25988480]

>fed min wage 15/hr
what about businesses in poor states that can barely make ends meet at their lower end wage?

[Anonymous No.25988501]

>>25987360
holy shit what's wrong with you

[Anonymous No.25988526]

N

[Anonymous No.25988535]

>>25986634
PRINT MONEYYYYYYYY

USD INTO THE TRASH IT GOES

[Anonymous No.25988541]

>>25988419
HAHAHAHAH If you cant afford to pay your workers a living wage, your company is failing sweetie. No, I don't care if they "voluntarily" work for whatever you're underpaying them. You are stealing their labor.

[Anonymous No.25988585]

>>25988541
lmao
I almost did an >inb4 with all these predictable retard talking points.
Hopefully you aren't serious for your own sake.

[Anonymous No.25988598]

>no retroactive unemployment bonus

[Anonymous No.25988613]

>>25987476
>Price doesn't move
>Hard to transport
>Easier to get robbed by niggers

[Anonymous No.25988615]

>>25988480
>It’s almost 1 ChainLink per hour
seems pretty fair to me

[Anonymous No.25988641]

>>25988585
Hahahaha I am just fucking with you.

[Anonymous No.25988663]

>>25987928
Leftists love authority, and love being told what to do. That way, they don't need to think. Just obey and consooom.

[Anonymous No.25988676]

>>25987388
Checked and based

[Anonymous No.25988682]

>>25987015
>tip field on receipt
>write "I voted for Biden, you're welcome for the min wage increase!"

[Anonymous No.25988712]

>>25988641
You nailed it.
It was dead on.
kek

[Anonymous No.25988716]

>>25987112
lol yes dems have been willing tools for big corps for a long time. plenty will change regulation-wise but it will only lock in place the dominant market positions of the mega corps while crushing smaller businesses.

[Anonymous No.25988719]

>>25986634
lol it won't pass the Senate. they need 60 votes. $15/hour is a poison pill. it's like they don't want it to pass so they can say LOOK, IT'S THE REPUBLICANS FAULT!!! meanwhile the only fucking thing people want is direct checks and maybe the unemployment boost. but no, they have to tack on shit like this instead of doing it separately.

[Anonymous No.25988771]

>>25987291
Why would the elites want to do that
What would they have to gain

[Anonymous No.25988830]

>>25988712
I think putting quotes around the word voluntary really sold it.

[Anonymous No.25988832]

>$50B for covid testing
Lol if covid was a real disease you wouldn't need that money for testing you'd need it for treatment
A disease so deadly that people were falling down dead in the street from it last February has turned into a disease so deadly that everyone who allegedly has it displays no symptoms whatsoever

[Anonymous No.25988876]

>>25988712
>>25988830
get a room

[Anonymous No.25988904]

>>25988876
>needs the federal increase badly

[Anonymous No.25988952]

>>25986982
Imagine voting for someone and then telling everyone they’re not going to do what they’re proposing

[Anonymous No.25988980]

>>25988771
Control. The middle class has the means to stand against elites. They are being sucked of those means

[Anonymous No.25988982]

WAIT WHAT THE FUCK IS GOING TO HAPPEN TO MY SAVINGS IF THEY INFLATE TO $15????


I HAVE 100K. AAAAAAA

[Anonymous No.25988986]

>>25987055
U did exactly what i wish i had done. how much did you make?

[Anonymous No.25989025]

>>25986634
bullish af for alts like RBC

[Anonymous No.25989042]

>>25989025
RoBlox Coin?

[Anonymous No.25989070]

>>25987459
>"Personally, as tall, beautiful..."

I disregard everything you say after you say this type of shit.

[Anonymous No.25989144]

>business and finance board
>99% of the subhumans here don't know that all minimum wage increases are phased in over time
>biden's will be over 5 years
>they think min wage increase is a 1:1 inflation increase
why the fuck do i keep posting in this tranny infested board

[Anonymous No.25989189]

>>25986634
>15 starting wage
I'll ironically wagecuck some comfy job if this happens for my whole life

[Anonymous No.25989262]

>>25987471
(You)

[Anonymous No.25989326]

Many won't realize it but the most critical component to this package is the state funding.
California/New York solvency will be an issue if they can't slip in funding sources like this.

[Anonymous No.25989332]

>>25987848
Stupid bear, printing money directly causes equity inflation. As long as you are invested in fast growing equities, you will outpace the vast majority of plebs who just spend the extra money.

[Anonymous No.25989339]

>>25986634
The only bad thing is the increase in minimum wage, that shit will skyrocket inflation for sure in the long term
Stimulus checks are literally just a band aid for what we are going through, it's not going to affect inflation like the increase in minimum wage
The rest is pretty standard and expected

[Anonymous No.25989368]

>>25988419
having trouble paying your bills? maybe you should skip a few lattes and avocado toast

[Anonymous No.25989371]

>>25988480
Poor states = red states, guess how much the blues care about them.

[Anonymous No.25989394]

>>25987026
>>25987131
ONLY 109 Trillion? Good lord, think of the suffering, we must immediately inject 130 trillion dollars worth of liquidity into the market now!!!
Just think of the lives we could save by giving the market 150 trillion!

[Anonymous No.25989426]

lol $15 an hour is scum poverty not to mention so many jobs only give you like 10-15 hours a week and refuse to hire full-time. Glad I've been living like a hermit and putting all my waggie bucks into crypto. I just want out of wage slavery bros

[Anonymous No.25989507]

>>25987206
Those of us that aren’t waiters or in the ownership class are getting fucked up the ass

[Anonymous No.25989545]

>>25986634
Rentcucking looks pretty smart now since it seems like you get to live free forever.

[Anonymous No.25989573]

>>25988952
what?

[Anonymous No.25989628]

>>25987471
Lol other way around pal

[Anonymous No.25989724]

>>25988771
Like >>25988980 said
No middle class means no one to challenge their control. A small select group of super wealthy individuals can remain invincible when the rest of the population is too destitute to fight back.

[Anonymous No.25989726]

>>25989507
Just pipe down and pay your taxes. Millions of single mothers and immigrants are counting on you

[Anonymous No.25989823]

>>25988682
made me laugh hard lmao
>>25989394
Only 150T? Think higher anon
>>25987087
Not being retarded. Honestly surviving off a $7 min wage is easy if you're not stupid. Life isn't amazing either, but life is alright. Maybe super tough in big cities, but honestly why the fuck would you live in a shit big city in general, especially if you're poor.

[Anonymous No.25989900]

>>25988501
what's wrong with you numb nuts?
Ever heard of unemployment benefit? It's literally the thing that automatically comes out of my pay check ever two weeks

>>25988396
huh? wanna try that again?

[Anonymous No.25990016]

>>25986634
Not gonna happen

[Anonymous No.25990039]

>>25989724
Why do they even want power? I want power to fix things, to make life better in the nation and for people. What's the point of power if you don't have good things to do with it. Just a end to a means.

[Anonymous No.25990316]

>>25986742
this
>>25987388
but also this

[Anonymous No.25990490]

>>25990039
you're naive

[Anonymous No.25990523]

>>25990490
how so

[Anonymous No.25990700]

If waitresses make $15/hr as well as pizza drivers I'm not tipping

[Anonymous No.25990724]

>>25986682
RIP small business

[Anonymous No.25990801]

>>25987087
it honestly needs to be a state by state basis


here in Indiana you can buy a house off minimum wage $7.

I can understand 15 minimum in big cities, but you are stupid to live in a big city without any skilled labor or having made it beforehand

[Anonymous No.25990812]

>>25990523
people love power to injure others
sadists are a thing, after all

[Anonymous No.25990847]

Get this cringe libertarian /pol/ shit out of here. If the trillions spent already didn't collapse the dollar, this shitty stimulus won't either.

[Anonymous No.25990854]

>>25990700
T H I S. say goodbye to your tipping economy, waiter-bros. You asked for this

[Anonymous No.25990864]

>>25987253
Holding fiat rn is suicide

[Anonymous No.25990904]

>>25990039
"The object of power is power"
~Snowball the Pig, 1984

[Anonymous No.25990914]

>>25990854
I'll still be tipping because I go to places finer than red lobster

[Anonymous No.25990960]

>>25987015
>land of the free... Economy. Not.

[Anonymous No.25990970]

>>25990914
Wow Benny Hanna very nice wow

[Anonymous No.25990972]

>>25986634
Fuckin A we just gave it all away to China. Took ONE fucking COOF and we bankrupted ourselves to pay for a bunch of crap. ONE SKYSCRAPER

Can you bastards build one goddamn skyscraper with 1 trillion dollars? Or do fucking losers and sycophants need ALL of our money? What is this countries legacy based on the last 30 years, building Twitter and Facebook? Where is our Three Gorges Dam, where is our Shanghai Tower?

50 BILLION FOR COVID TESTING ON a 99% LIVE RATE. https://en.wikipedia.org/wiki/State_Farm_Stadium cost 570 million. We could build 50 Empire State Buildings with 50 billion.

Instead of waiting for handouts go get a JOB at a construction site, and lets GOOOOOOO. PAY YOUR RENT HOLY SHIT!

[Anonymous No.25990973]

>>25990724
More like RIP people who work for small business.

Contracted salaries will replace hourly salaries. (I pay you 750$ a month for you to listen to me and be at our building from 9-5 five days a week.)

[Anonymous No.25990996]

>>25990914
woah, look at mr money-bags over here

[Anonymous No.25991034]

>>25987390
THIS ANON FUCKS

[Anonymous No.25991052]

>>25987253
>>25987375
>>25990864
Same I have a bunch of cash, mostly crypto gains that I don't want to reinvest in crypto. What funds to put it in? I don't want to do metals they're manipulated.
VTSMX or S&P ?
Do I just buy a cheap house somewhere?

Everything is a massive bubble right now.

[Anonymous No.25991091]

>>25988982
Invest in anything that isn't the USD. You don't have to put all of your savings in at one go, but put $50k in assets that won't depreciate whether it be crypto, precious metals, land, etc. but just invest before your cash becomes green toilet paper.

[Anonymous No.25991147]

Citycucks should get 15 an hour, even the nigs who buy booze and lottos would stimulate their local economy, but bumfuck states should have the right to pay less to match their cost of living

[Anonymous No.25991149]

>>25987075
>>25987143
>>25987390
>>25988419
>>25988716

Read >>25990973

[Anonymous No.25991168]

>>25987112
>biden already told his corporate donors that 'nothing would fundamentally change' if he's elected.
>WE DID IT ANTIFA BROS

[Anonymous No.25991189]

>>25991052
We are not in a bubble, this is the new ground. Pick some legacy companies and throw your money there

[Anonymous No.25991222]

>>25989144
Check. So many dumbass posters no wonder they voted trump. Screaming about inflation, while not understanding the demand side of the equation.

Forgetting trump wanted 2k while biden is saying 1.4k. Since none of you have ever ran a real business. if your business fails to innovate you die by the competition. That's simple economics 101

[Anonymous No.25991404]

>>25991034
Yeah, common conservative talking points, soo based

[Anonymous No.25991422]

>>25987471
literally the opposite

[Anonymous No.25991475]

>>25991189
I didn't think this is what they meant by cashless society.
You really think individual companies are better than a mutual fund? I've never bought an individual stock in my life.
Amazon would probably be a safe bet.

[Anonymous No.25991518]

>>25987198
People need $15 minimum to LIVE in any type of City. You crybabies and your 'boohoo' it literally changes NOTHING for you, it only helps other people. Fucking christ if you're worried about it devaluing your job ask your boss for a raise when it happens.

[Anonymous No.25991541]

There is nobody worse in the country than the triple niggers who make minimum wage, free healthcare, and free college their political priorities in life. Imagine being such a thumb sucking moron that your highest sociopolitical aspirations are making sure the government wipes your ass for you. You should be figuring how to reach a net worth of $500k, $1M and $10M, not worrying about who's going to pay for your fucking health insurance, get the fuck off this board

[Anonymous No.25991582]

>>25991518
Zoomer economics everyone...God help the US.

[Anonymous No.25991592]

>>25986701
What’s 1400 + 600?

[Anonymous No.25991707]

>>25991518
The US is more than just cities, you faggot. There are other areas that have a lower cost of living where mandating such a high wage can have deleterious effects on their local economy. This also, inevitably, lowers the intrinsic value of the dollar by eventually forcing most items to be more expensive to cover the expense of the new minimum wage.

[Anonymous No.25991889]

>>25991518
Go back to r3ddit nigger

[Anonymous No.25992011]

>>25986634
reminder 2T is about 7k for every person in the US. and "most" will get a fifth of that

[Anonymous No.25992015]

>>25986835
It was? Ate you sure about that?

[Anonymous No.25992083]

>>25987112
>he thinks bigcorps who borrow @ .75% to buy shitcoins are worried about minimum wage

[Anonymous No.25992132]

>>25987811
DIGITS ALL THE WAY DOWN. ÖÖÖØÆ

[Anonymous No.25992181]

>>25990973
"gig economy" is the future precisely because big business loves where it's going. if it took a biden presidency for you to realize this, I don't know what to tell you. We were heading there either way.

[Anonymous No.25992626]

>>25986634
BTC hits 1billion
LINK hits 1millio

Price of a cup of coffee is now 1million. Kek fuck clown world.

[Anonymous No.25992802]

I want that money to go out 2 people that need it. not fucking gender studies in pakistan. as for me thanks for my tax money back its all going into grt. our country is fucked.

[Anonymous No.25992928]

>>25988541
>living wage
only burgers omg...

[Anonymous No.25992972]

>>25986634
>most Americans

Whites need not apply.

[Anonymous No.25993061]

>>25989368
this
fucking burgers

[Anonymous No.25993113]

>>25986742
And if the dollar goes to shit what will you do with your Bitcoin? Remember that you have to change your bitcoins to dollar to buy food and other things.

If there is massive inflection and you need 10.000$ to buy a piece of bread then it won't matter how much bitcoin you have.

Also, you are very naive if you think that the banks are going to allow people have wealth outside of their system without their control hahaha. The European Central Bank is already talking about regulating cryptocurrencies worldwide.

[Anonymous No.25993214]

>>25986920
Go look at how much money you guys printed since the start of the pandemic. You are broke expect Zimbabwe inflation if you aren't feeling the inflation already when you buy food.

[Anonymous No.25993520]

>>25991518
>ask your boss for a raise when it happens.
Why didn't you ask your boss for a raise faggot

[Anonymous No.25993536]

>>25993113
>And if the dollar goes to shit what will you do with your Bitcoin?
Say the word cryptocurrency 10, 20, 50, 100 times or more until it hits you.

[Anonymous No.25993738]

>>25989823
>surviving off 7$ min wage is easy
No. No it’s not you faggot fuck boomer maybe back in your hay day of the 70’s but not in this era you dumb fucking retard
Get covid

[Anonymous No.25993948]

>>25993738
I make $20 a day and I live in a 3 bedroom. Drive a Volkswagen polo. Eat meat everyday and have a maid.

God I love my shithole country.

[Anonymous No.25993984]

wait fifty BILLION for covid testing? FIFTY BILLION!? fifty BILLION?! why? why would they do this why would they spend that much money on not even curing whats basically a cold? and if they already have the vaccine why do they give a fuck about testing people? just get vaccinated if you don't want to catch it

[Anonymous No.25994069]

>>25991518
You arrived at the $15/hr figure in an economy with a minimum wage below that. Guess what happens when you raise it? The living wage goes up. Am I missing something here? How the fuck do people not understand this?

[Anonymous No.25994123]

>>25987198
glad I never put effort into working

[Anonymous No.25994156]

>>25993948
Lmao dumb fuck faggot

[Anonymous No.25994205]

>>25994069
Because massive money printing along with interest rates at rock bottom
Inflation still hasn’t moved so wage hikes shouldn’t do much either and if it did it wouldn’t be much different than what we see now
You’re wrong

[Anonymous No.25994219]

>>25994156
Not a faggot and not dumb so jokes on you, you circumcised brainwashed homo.

[Anonymous No.25994262]

>>25989368
No. I'm very successful.
They are TRYING to put me out of business and have to most of my competitors.

[Anonymous No.25994312]

Damn Biden the new Oprah

[Anonymous No.25994314]

>>25994219
Shut up hue monkey

[Anonymous No.25994324]

>>25993113
>remember that you have to change your bitcoins to dollar
WOAH NO FUCKING WAY REALLY!? OH FUCK MARKET SOLD

[Anonymous No.25994334]

>>25993984
easy, let's setup a covid testing site, we'll need 50 million per tent, 20 million per foldable table, 15 million dollar chairs, 5 million for hand sanitizer and masks... etc etc. we can service 20 people per day let's go

[Anonymous No.25994368]

>>25987459
You sound like a fag

[Anonymous No.25994382]

>>25994314
Also not Brazilian. Not even a good guess. I bet you think of yourself as smart lmfao.

[Anonymous No.25994411]

>>25986735
I know, I cant imagine making that little amount of money.

[Anonymous No.25994468]

>>25993984
So the kikes that run the covid testing racket get their pockets lined anon.

[Anonymous No.25994591]

>>25986634
This list roughly amounts to $1T. Where’s the other trillion going to?

[Anonymous No.25994665]

>>25994382
U mad?

[Anonymous No.25994674]

>>25987198
I got hired at a major social media company making $20/hr a few years ago in Texas.
>constant stress
>annoying coworkers
>globohomo culture
Imagine getting a decent job and a Mcdonakds wagoe makes almost as much ahaha. Glad I walked out 3 months in when they forced us to celebrate Pride Month with all these decorations

[Anonymous No.25994715]

>>25993536
Yeah, yeah, I'm sure the banks are going to allow people have all their money in a system that they don't control. You are very naive.

[Anonymous No.25994718]

>>25987375
This anon gets it. Also get a mortgage because inflation means your house payoff will be easy peasy

[Anonymous No.25994739]

>>25986634
>no evictions
everyone's just gonna fucking buy tesla and bitcoin lmao

[Anonymous No.25994790]

>>25994591
Israel

[Anonymous No.25994810]

>>25994665
Not even slightly irritated.

[Anonymous No.25994925]

>>25987297
Did you look at the bill? Moratorium on evictions is extended to September.

[Anonymous No.25994926]

>>25994810
Autistic it is :)

[Anonymous No.25994989]

>>25994715
you mean like the stock market?

[Anonymous No.25995279]

>>25991541
Mom says dinner's ready anon

[Anonymous No.25995508]

>>25992181
Why does big business love gig economy?

[Anonymous No.25995626]

>>25994069
1) Blame Trump
2) When all else fails, see (1)

[Anonymous No.25995780]

>>25995508
because they don't have to pay health insurance and other bullshit
the employees work at below-minimum-wage rates while the company gets a flat rate on the transaction

[Anonymous No.25995868]

>>25987945
how many office jobs do you think there are in this country you mong? Are restaurants not supposed to have employees?

[Anonymous No.25996611]

>>25986634
15/hr is now going to make part time jobs extremely competitive bc employers won’t be able to hire as many people - therefore will only hire the best for a fucking PART TIME UNSKILLED job. This rapes dumb people who think they’re getting a raise, and everybody else who’s jobs are actually competitive and useful to society - their paychecks will now not be worth as much with the coming inflation. Yikes bros, wtf do we do?

[Anonymous No.25996654]

>>25988663
I did not really pay much mind to this. But some of my 30 something year old friends can ONLY talk about the next video game and the next video card they need. It's fucking crazy man...

[Anonymous No.25996680]

>>25996611
>Yikes bros, wtf do we do?
You ditch USD, it's that simple.

[Anonymous No.25996693]

>>25986701
There's another, larger plan coming in feb. Just wait, anon. You ain't seen nothing yet.

[Anonymous No.25996931]

>>25995868
>Are restaurants not supposed to have employees?
If a restaurant cant afford to pay their employees a measly $15/hr then they're obviously a shitty restaurant

[Anonymous No.25997079]

>>25986682

He's basically firing all the low income workers so they'll vote for more benefits and government "jobs" like they did in Greece. Retarded leftists were in power for a while and 60% of the people worked for the government before the house of cards collapsed. Greece has too many shitskins to ever recover due to welfare and this will be the fate of America too unless Trump and men like him stay in power.

[Anonymous No.25997099]

>>25996931
Please tell me you're just memeing.

[Anonymous No.25997133]

>>25986726
Your medication. Now.

[Anonymous No.25997197]

>>25986735
POOR STATES BTFO

[Anonymous No.25997246]

>>25987112
>he thinks big corporations will pay $15/hr
nigga they're literally outsourcing their labour and are incentivized through tax breaks to hire cheap labour from abroad
this only hurts small business/potential competitors
ask yourself why nobody can compete with institutional business
its not like it's hard to make a website that runs better than fucking amazon's shitstore

[Anonymous No.25997275]

>>25986682
Been waiting for a raise in my company for 2 years.. covid bullshit fucked things up and I work my ass off. Suddenly "Mcniggers" get 15$ an hour (getting a $7+ an hr raise) to sing "im lovin it" and jerk off on my burger (I ordered fish btw you dipshit) and we are just supposed to be cool with it?

[Anonymous No.25997316]

>>25997099
>Shekelburg needs max shekels

[Anonymous No.25997420]

>>25997275
mcdicks in my shithole midwestern state already pay $10-11

the difference will still be they get no benefits, terrible inconsistent hours, and have a miserable job anon

[Anonymous No.25997451]

The one thing that keeps me from investing in crypto is the long term future. I mean I know most people big into this shit apparently think its going to be the major currency in the future, but idk. Wouldnt governments just develop their own "crypto" currencies, thus devaluing stuff like btc? Or just completely shut btc down? Im a brainlet though so i could be missing something obvious.

[Anonymous No.25997462]

>>25997275
>Been waiting for a raise in my company for 2 years
>Been waiting for a raise
>Been waiting
There's your problem cuck, learn to leverage

[Anonymous No.25997487]

>>25986634
NOT ENOUGH

WHERES MY STUDENT LOAN FORGIVENESS YOU DECREPED SENILE FAGGOT.

[Anonymous No.25997531]

>>25987198

The silver lining is while the min wage increase may be instaneous, you typically won’t see the repercussions of it for at least a year or two. Enough time to aggressively DCA out of fiat, I guess.

[Anonymous No.25997533]

>>25996931
its amazing how many people think its impossible. just raise menu prices a few cents to cover the higher wages. that's all it takes, just a few cents.

[Anonymous No.25997579]

>>25997487
it's never enough gibs with you fucks
MORE GIBS MORE GIBS MORE GIBS NOWNOWNOWNOWNOW WITH YOU FUCKS

[Anonymous No.25997709]

>>25997533
raise is a couple more cents and pay them 30 bucks an hour
no reason not to
it'll help the economy
it's only a few cents more

[Anonymous No.25997715]

>>25994715

Are you actually fucking retarded lol

[Anonymous No.25997734]

>>25986653
This. Normies don't wanna hold 0.05 BTC, they want to have 10,000 of shitcoin X.

[Anonymous No.25997807]

>>25997709
the "lets just pay everyone a million dollars per hour" argument is so childish and boring. minimum wage is carefully calculated based on market factors, its not a magic number created out of thin air.

[Anonymous No.25997817]

>>25997579
OINK MORE CAPITALIST PIG. I HAVEN'T PAID A DIME ON THAT LOAN SINCE THE PAYMENTS WERE DEFERRED, NOW ITS TIME FOR THIS MONEY GRUBBING PIECE OF SHIT TO PAY IT OFF. NOT ENOUGH STIMULUS EITHER, PEOPLE ARE UNEMPLOYED RIGHT NOW, NOT ME BECAUSE I HAVE A REAL JOB BUT WE NEED THAT STIMULUS. UBI RIGHT FUCKING NOW. IF IT WEREN'T FOR YOU LEECHES WE'D HAVE CHEAP HOUSING TOO. THAT NIGGER BETTER KEEP THAT EVICTION/FORECLOSURE PROCESS PAUSED. AND THAT RETARD GORILLA NIGGER BETTER NOT INCREASE TAXES, I HAVE CRYPTO TO CASH OUT THIS YEAR. WRITE YOUR CONGRESSMEN, THIS PAYOUT IS AN INSULT. WE DEMAND MORE

[Anonymous No.25997848]

Fuck the Dollar

[Anonymous No.25998145]

>>25988419
this is exactly why they're doing it, and all these brainwashed entitled kids in cities who struggle to afford a decent apartment will support the death of your business w/o realizing it. ez sell

[Anonymous No.25998238]

>>25987087
>>25986735
>>25986726
>>25986682
>NOOOO THINK OF OUR GLORIOUS AMERICAN CORPORATIONS!!!
>JEFF BEZOS NEEDS THAT MONEY!!

[Anonymous No.25998267]

>>25997807
>its not a magic number created out of thin air.
bullshit

[Anonymous No.25998293]

>>25997817
eat shit and PAY BACK YOUR LOANS SUCM

[Anonymous No.25998364]

>>25988541
You'll never be a woman

[Anonymous No.25998408]

>>25997316
If we go by that logic, that would mean all the shitty mega corporation food restaurants like Mcdonalds will be EXCELLENT restaurants soon because they would be the only ones who would be able to do a $15 wage across all 50 states. Literally supporting mega corporations controlling everything and you don't even realize it.

[Anonymous No.25998449]

this makes me want to go balls deep on unn.finance. it's already going up. will go more if stim plan is true

[Anonymous No.25998465]

>$15/hr min wage
There goes all my fucking benefits and overtime. Jesus fucking Christ.

[Anonymous No.25998496]

>>25998293
nope, sorry anon, that's going on the taxpayers tab. bout time I got something back.

[Anonymous No.25998537]

>>25997316
And to add on, you are literally supporting Shekelburg's plans to destroy all competition.

[Anonymous No.25998552]

>>25998496
tax payers aren't going to pay for shit and you'll have that unbankruptable loan over your head for the next 20 years

[Anonymous No.25998584]

>>25998408
Mcdonalds will just rollout digital menus, fire a few employees, and slap the workload on the rest. They'll be fine. The public will not. Expect min wage jobs to become much more competitive in the coming years.

[Anonymous No.25998602]

>>25986634
reminder minimum wage back in the day was meant to be a livable wage
people could afford education and shit on min wage

[Anonymous No.25998604]

I'll take Weimar solutions for $200 billion, Alex.

[Anonymous No.25998639]

>>25998552
only 2 ways that loan gets paid off:

1.) The gov does it
2.) I become a crypto millionaire

and even if I do make it, I'm just going to refinance to a <1% interest rate and sit on it for years

[Anonymous No.25998651]

Biden has zero authority to make any of these changes.

Its all congress, which means we wont be getting shit

[Anonymous No.25998747]

>>25998651
haven't you read the news? all 3 branches are blue. whatever they want they get

[Anonymous No.25998837]

>>25998465
Don't forget the bonus too. Don't worry though, it'll pay for some lucky lad's dick to get chopped off.

[Anonymous No.25998861]

>>25997451
The government currencies (CBDCs) would only serve to make BTC more valuable. Their features would be everything people use bitcoin to get away from

[Anonymous No.25999145]

>>25993738

[Anonymous No.25999218]

>NOPE
>get ready for some serious shit. Ammo and rations. Now.

[Anonymous No.25999221]

>>25998861
Is this true though? I imagine most normies will just use whatever currency big brother tells them to use

[Anonymous No.25999274]

>>25991518
Please shut your flapping lips. People like you think they know what they are talking about every time their shithole opens up to let sound out

[Anonymous No.25999555]

>>25987258
>They'll take it back in your taxes later
lul. They don't have to wait. They print it and take it out of your saving and investments now.

[Anonymous No.25999593]

>>25987198
You just won't get a pay raise for 5 years so they can afford to hire a new guy and train him.

[Anonymous No.26000009]

>>25986735
Go to butt fuck Missouri where people are dirt poor this is going to
Make even more unemployment. You can’t pay people what isn’t there

[Anonymous No.26000070]

>>25986634
So biden is going to pay off my student debt AND pump my bags?
BEST PRESIDENT EVER

[Anonymous No.26000097]

>>25986634
"Breaking 911" is a fake news farm you fucking retard.

[Anonymous No.26000115]

>>25986634
Oh wait. I confused the school money as "paying off student debts". Idk if he got that approved or what. Fuck the u.s. btw for making college into an overpriced business. Shit service too (i.e. you can literally find that same shit for free or for extremely cheap prices online).

[Anonymous No.26000365]

>>25998537
to be fair, competition is inefficient
Ideally if you're a business owner, you want to monopolize a small niche
the role of the government should be to stop any one corporation from dominating a too broad section of the market

[Anonymous No.26000502]

>>25988479
lol
2/3 of congress has dual citizenship with israel

[Anonymous No.26000590]

>>25986853
Yeah, until inflation sky rockets and makes a bunch of people's savings worth less.

Weimar Republic 2.0 incoming

[Anonymous No.26000903]

>>25987253
I've been earing 10-15% returns on the stock market every 5-6 weeks.

Crypto I've been losing every dollar I make, being greedy with moon shots.

I say, take half your money and put it into shares of companies you truly believe in and love using their products.

[Anonymous No.26000932]

>>25996693
source: his ass

[Anonymous No.26001017]

>>25990039
You have power in order to weld power. That's the reason.
Do you think any king from the Middle Ages would swap out shitting on a cold stone toilet for being a multi-millionaire in the modern age? No. The life would be much more comfortable, but you don't get to exercise control.

[Anonymous No.26001216]

>>25991149
Thank you for that. I needed that one

[Anonymous No.26001352]

>>25994205
Lmao all comodities up atleast 50% and you are saying there is no inflation. Take a look at the price of crops ytd and then come back saying their is no inflation. Corn, onions, etc hitting already traded at six year highs this week.

[Anonymous No.26001428]

>>25987776
Not me though, I have a deep hatred for this shithole. And I can drink and take a punch. I also like ice. They will respect me.

[Anonymous No.26001482]

>>25997807
Have you ever heard of the austrian school of economics? Google the socialist calculation problem. Also what is supply and demand in the labor market you fag.

[Anonymous No.26001546]

>>25988479
>>26000502

[Anonymous No.26001694]

>>25997275
You'll be ordering your mcshitsticks from a touch screen kiosk. and the mcniggers will be back on the block unemployed, getting riled up by the dems because they have no jobs.

[Anonymous No.26001725]

>>26000365
Where do you people learn this stuff? What a bunch of nonsense.

[Anonymous No.26001753]

>>25997533
And then your pay just keeps going up and up. but do you know what never goes up? the tiers on the tax brackets. So you may be getting paid more, but everything costs more. And the only winner is the gubment, who manages to take a greater percentage of your labor.

[Anonymous No.26001754]

>>25997133
your hormones. now.

[Anonymous No.26001788]

>>25987291
>They’re just raping the middle class to death
By design. If you’re on /biz/ this shouldn’t be a shock to you

[Anonymous No.26001796]

>>25994718
Shouldnt I wait for the housing market crash everyone keeps talking about ?

[Anonymous No.26001931]

>>26001796
There will be no crash, the rich get richer and will keep buying houses. Look at the realestate prices and wage discrepancies in failed countries. The money never stops flowing to the rich and they are good at managing it or have people that manage this shit for them.

[Anonymous No.26001962]

LFGGGG

[Anonymous No.26002170]

>>25988479
>hands begin rubbing vigorously
'what, you don't want to support the only democracy in the middle east and our greatest ally?' (omit the part that we already give them 10s of billions and they have free healthcare and free university and basically run our entire government)

[Anonymous No.26002351]

>>26001725
I'm quoting a book written by the founder of paypal
but it is sensible. In practice, here's an example:
You write erotic fiction and sell it online. You cater specifically to some niche fetish, say octopus fuckers. You are the only content provider for this niche, so you make decent money, ~10k/mo
If 4 people see your success and copy it, and they take away your market share evenly, you're now only making ~2k/mo
It's why restaurants are a tough business: lots of competition and low margins

[Anonymous No.26002527]

>>25993113
>t. Someone who never experienced hyperinflation

I lived through 2 in my shit country and I’d be very happy if Bitcoin was as popular then. At the time we used USD for savings.

>it won't matter how much bitcoin you have.
Are you retarded? You just exchange your Bitcoin for money and buy bread. In a situation like this there’s always someone willing to buy your stable asset.

How it went with us - receive salary -> go buy $ from illegal exchanges at a 50% markup (because banks don’t sell $ anymore) -> keep just enough in local currency to last you till the next salary.

Rinse, repeat, cry.

I’m praying that this happens in US so you privileged fucks would experience actual social issue for once instead of whining about muh pronouns and people taking pictures in the capitol.

[Anonymous No.26002784]

>>26002527
where

[Anonymous No.26002818]

>>25986735
Lol this have been minimum in California for over a decade

[Anonymous No.26002929]

>>25986634
$400 a fucking week.
In the UK we pay higher taxes and we get £409 a fucking month

[Anonymous No.26002973]

>>25987388
Nope fuck you faggot, I'm a selfish introvert and will continue to be

[Anonymous No.26002990]

>>25986634
america and the world tanking though... LETS SEE SOME BIG FUCKING NUMBERS ALRIGHT

[Anonymous No.26003194]

>>25998602
Minimum wage in 1960 was $1. Coinage was silver-based back then. If minimum wage workers were paid the equivalent of $1 face value in half dollars, quarters, or dimes they would make $18.25/hr as of today.

[Anonymous No.26003240]

last year US printed 9 trillion, now another 2 trillion, that's 11 trillion fresh USD in a world where US hegemony is shifting to Asia, in particular China. In the short and medium term this should put a lot of pressure on the US dollar as the world number 1 reserve currency, whales know this and will start to diversify massive amount of dollars in stable assetts, i.e. gold, silver and ofcourse crypto! I think the decline of the USD will be accompanied by the rise of crypto, nothing in the evolution of human civilization happens by accident, it's all ordained, that's why crypto is inevitably the future. We are at the dawn of a big step in the evolution of mankind.

[Anonymous No.26003290]

>>26003240
going to be funny watching the chimpout when they burn those unneeded Harriet Tubbux

[Anonymous No.26003295]

>>25986682
I don't know why it can't just be determined by individual counties and states. San Francisco is going to have higher costs than Sioux Falls, SD.

[Anonymous No.26003333]

>>26003295
then maybe not everyone deserves to live in san fran

[Anonymous No.26003355]

>>25986742
>implying Trump didn't print shitloads of dat ca$$h

[Anonymous No.26003371]

>>25987291
Middle class own houses. They will be fine.

[Anonymous No.26003390]

>>25998639
BASED

[Anonymous No.26003436]

>>25987026
To little, 1.09 Quadrillion
>PER PERSON

[Anonymous No.26003463]

>>25987020
Every candidate promises the world but gives you like an island, even Trump did it.

[Anonymous No.26003480]

>>25992015
kek nigger, you didn't get your $600? I got mine two weeks ago

[Anonymous No.26003638]

>>25989326
Gotta pay the states that can’t balance their budgets

[Anonymous No.26003773]

>>25992626
>BTC hits 1billion
>LINK hits 1millio
>Price of a cup of coffee is now 1million. Kek fuck clown world.
it's a storm that you must weather.

[Anonymous No.26003844]

>>25990972
>Three Gorges Dam
This shit is gonna bite China in the ass

[Anonymous No.26003886]

>>25991592
21?

[Anonymous No.26003898]

>Breaking911
>no source
>/biz/ still listens

based retards

[Anonymous No.26003985]

>>25986634

[Anonymous No.26004021]

>>26002818
nice so now the rest of America will turn into california

[Anonymous No.26004148]

>>25987087
I'm europoor and my country's minimum is 3,45€/hr...

[Anonymous No.26004446]

>>25986735
Minimum in Estonia is 4.22$ :(
I would have made it a fucking while ago fuck this europoor eastern block shit fuck

[Anonymous No.26004495]

>>25987608
You are really not prepared bro, don't

[Anonymous No.26004505]

>>25986634
so wait a moment. we can just print money to pay for everything? why pay taxes? why go to work?

[Anonymous No.26004914]

>>26001931
I'm not falling for it boomer