Anonymous 2021-09-21 (Tue) 13:01:48 No. 504428
Bros the free market is back up again… were all gonna make it
Anonymous 2021-09-21 (Tue) 14:12:14 No. 504479
Back in the green and will be for the rest of the week, hope everyone bought yesterday
Anonymous 2021-09-22 (Wed) 18:10:35 No. 506569
FOMC post-meeting announcements happening shortly.
Anonymous 2021-09-23 (Thu) 02:47:59 No. 507346
>>506581 Also thread is used for general market discussion. Today's fed meeting was pretty important…
Anonymous 2021-09-24 (Fri) 11:46:39 No. 509785
>China bans crypto for the 1000th time >not buying the dip >Every third Chinese still uses a VPN >There are hookers in every corner and pornographers based in China all over Instagram, Twitter et al.
Anonymous 2021-09-24 (Fri) 11:48:26 No. 509788
according to /biz/, the crash has to do with this document but nobody can translate it
They also mention that the date is wrong
http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348521/index.html Anonymous 2021-09-24 (Fri) 12:50:35 No. 509857
>>509710 >BASED XI KNOWS WHAT'S BEST FOR THE NATION, HE STARTED TO REJECT CORPORATE BITCOIN Was this a funny joke or are you really this crazy naive?
Anonymous 2021-09-25 (Sat) 22:30:12 No. 513137
Man I love capitalism, nothing is better than having a chance for my investments to go kaputt and to face financial ruin all because some random housing company in China is going to default on its debts.
Anonymous 2021-09-25 (Sat) 22:36:41 No. 513154
>>513137 You don't want the whole world at the whims of a slot machine lever?
damn commie makes autistic ancap noises Anonymous 2021-09-25 (Sat) 22:53:26 No. 513188
>>513137 boo hoo just take your money out of the market then
how do you get the font to be big and red like those other posters
Anonymous 2021-09-25 (Sat) 22:53:52 No. 513190
>>513137 buy something moe stable like war bonds
Anonymous 2021-09-25 (Sat) 22:56:39 No. 513199
>>513188 [double equal signs](text goes here)[double equal signs]
LIKE THIS Anonymous 2021-09-25 (Sat) 23:02:09 No. 513205
>>513137 >Investing on shit while fully knowing that crisis in capitalism are not only common, but guaranteed to happen. ISHYGDDT.
Anonymous 2021-09-25 (Sat) 23:18:58 No. 513219
>>513188 >>513199 pretty sure formatting is covered in the FAQ as well
https://leftypol.org/faq.html Anonymous 2021-09-25 (Sat) 23:26:29 No. 513233
>>513137 Just hold them through the crash and you'll be fine in the long term.
Anonymous 2021-09-27 (Mon) 21:37:22 No. 516818
>>516467 How high is this on the DEFCON scale of happenings?
Anonymous 2021-09-27 (Mon) 23:15:28 No. 517042
>>516818 Debt ceiling shit is absolutely a nothingburger. The worst that happens is that the working class gets fucked for a couple of months. Food stamps getting dealt out, parks close, every part of the goverment that's directly responsible for putting the boot on your throat is untouched.
Anyone expecting this to be a critical blow to the empire is way too optimistic.
Anonymous 2021-09-27 (Mon) 23:23:25 No. 517056
>>517042 People not getting paid, surely that can't go bad. Surely you can't use this opportunity to organize, neither should you.
Anonymous 2021-09-27 (Mon) 23:41:34 No. 517102
>>517042 Debt ceiling is not the same as govenment shutdown. You're confusing things.
US government defaulting on its obligations for any sizeable period of time would be a DEFCON 2 situation in terms of global crises, as it would tank the credit rating of the US, demolish the stock market, send interest rates cripplingly high. At the least (congress manages to pass a bill just overdue), it would mean people don't get their social security checks or VA checks on time.
Debt ceiling is basically not going to happen though, because it would mean capital shooting itself in the head and blowing its brains out. It's a nothingburger only in the sense that it won't happen, not in the sense that it wouldn't be at the very least a noticeable crisis.
Anonymous 2021-09-28 (Tue) 00:06:37 No. 517143
>>517102 Thank you for the correction, that was very well explained.
Anonymous 2021-09-28 (Tue) 14:20:03 No. 518385
>>518379 Something happens every single day
Anonymous 2021-09-28 (Tue) 14:20:11 No. 518387
>>518379 inshallah. who knows. thinks are looking worse every day, but that's not new.
gas prices, oil prices soaring. supply lines disintegrating. fed fud running low. government shutdown on the horizon, again.
but again, nothing new.
this is a fun read, too small brain to know the validity myself.
https://twitter.com/TheLastBearSta1/status/1440726559883608065 Anonymous 2021-09-28 (Tue) 17:59:00 No. 518808
>>507346 I know what this thread is for, I've been here for years (ignoring the multiple board splits).
Anonymous 2021-09-28 (Tue) 19:37:11 No. 518926
Buy spy puts
Anonymous 2021-09-28 (Tue) 20:22:42 No. 518999
>>518926 Sorry punk, office called in and said tomorrow's scheduled to be a green day. October forecasted to end p. green too
Anonymous 2021-09-28 (Tue) 23:00:15 No. 519220
>>518999 Made 2.5k and sold today, stay mad
Anonymous 2021-09-28 (Tue) 23:13:07 No. 519236
>>519220 that capital gains tax though
Anonymous 2021-09-28 (Tue) 23:14:25 No. 519238
DO NOT BUY WAR BONDS THEYRE GOING BELLY UP IN A MATTER OF MONTHS
Anonymous 2021-09-28 (Tue) 23:19:29 No. 519246
>>519236 >that capital gains tax though Better than income tax.
>>519220 Why do people do this? Say the goddamn percentage assholes. We have no idea what you're working with.
Anonymous 2021-09-28 (Tue) 23:20:17 No. 519248
fuck I need to find a job before the global economy crashes
Anonymous 2021-09-28 (Tue) 23:21:52 No. 519252
>>513188 >boo hoo just take your money out of the market then This, what the fuck. It's as easy as a few clicks.
Anonymous 2021-09-28 (Tue) 23:22:58 No. 519255
>>519248 >fuck I need to find a job before the global economy crashes How's that going to help? If the job market gets bad they'll just lay you off when that happens.
Anonymous 2021-09-28 (Tue) 23:47:15 No. 519288
>>517056 It happens every few years though. What will make this govt shutdown special and create a uprising?
most government employees are blacks who voted biden and whites who voted for trump. very few could be organized and its foolish to say one guy could do anything. He is a nothing.
Anonymous 2021-09-29 (Wed) 02:58:55 No. 519552
>>519246 32% gains. I don't let myself play around too much with ooptions
Anonymous 2021-09-29 (Wed) 03:02:21 No. 519555
>>519248 Just join your local left org and/or become a construction worker, that way it will help you survive in this and
that world of capitalism.
when the revolution comes, more jobs for everyone, and the world has scandinavia quality QOL Anonymous 2021-09-29 (Wed) 12:26:07 No. 520327
>>519766 Have a lot of cash. Where do I buy? 40% down wont be enough. I think I ll wait for 85%.
Anonymous 2021-09-29 (Wed) 13:02:39 No. 520398
Can we consider the 2020 covid crash a real crash? Now I'm quite ignorant but doesn't this all work on cycles of some 7-10 years. If last years crash was a real one wouldn't we not be worrying about it much now? (I do see that the contradictions of capital are expounding so this might be changing these cycles) >inb4 we never recovered from 08 >inb4 you don't have a clue what you're talking about
Anonymous 2021-09-29 (Wed) 13:07:49 No. 520403
>>520398 It's usually considered a flash crash which don't follow the "cycle" see the flash crash of 2010.
Anonymous 2021-09-29 (Wed) 13:12:12 No. 520410
>>519288 >Quit organizing bro it won't do anything Exactly! Listen to this man's advice!
Anonymous 2021-09-29 (Wed) 15:57:13 No. 520663
>>520403 So we are waiting for the real predecessor to 08 and aren't we well over due?
Anonymous 2021-09-29 (Wed) 15:59:15 No. 520668
>>520663 If we follow the logic of Porky economics then yes the boom has been going too long. But Porkies are scared so they been pumping and pumping to keep that boom going as the bust is going to be very hard for everyone.
Anonymous 2021-09-29 (Wed) 16:28:44 No. 520720
>>520663 We would expect a reversion to the mean at some point but saying it's overdue is classic gamblers fallacy.
Anonymous 2021-09-29 (Wed) 16:47:03 No. 520746
>>520663 Won't happen. The Fed will keep the markets up long enough so that growth will meet it at which point this "bubble" is just actual value.
Anonymous 2021-09-29 (Wed) 16:58:26 No. 520763
>>520754 Absolutely nothing. They'll just print more money and take on more debt.
Anonymous 2021-09-29 (Wed) 17:16:54 No. 520806
>>520663 yes
but
>>520746 mmt is tax on rich by inflation, and happens even if you don't believe in mmt lol
Anonymous 2021-09-29 (Wed) 17:21:05 No. 520819
>>520663 Line keeps going up until it comes down.
Anonymous 2021-09-29 (Wed) 17:22:32 No. 520825
Repos are now at $1.4T
https://fred.stlouisfed.org/series/RRPONTSYD We know who's going to pay for this: YOU! The consumers. The workers. Workers of the world keep working!
Anonymous 2021-09-29 (Wed) 17:30:20 No. 520840
>>520754 They are just playing games. They do this every year with the "debt ceiling" which is a thing they just have to keep voting to change because the US keeps racking up debt and it's more useful to make the "limit" something they keep voting on than to just fix the problem permanently. It's used by both republicans and democrats as a tool. Republicans use it to threaten shutting the government down to get things they want. Democrats use it to threaten the republicans shutting the government down to get what they want (voted into office so they can pretend to be opposition while cucking out to republicans). It's an old song and dance and if you've paid attention for more than a couple years it's very familiar.
Der Grieche 2021-09-29 (Wed) 19:18:50 No. 521113
>>520840 yes and this made me laugh today
https://archive.is/ch200 Especially because of pic related. Like a circlejerking game where they all larping like whatever they do has any meaning except keeping things as there are.
Anonymous 2021-09-29 (Wed) 20:26:10 No. 521210
>>521104 Bonds already sold off like a year and a half ago, and yet we are at record numbers. Wtf is the Shiller P/E ratio anyway? Regular P/E has the market well below both Dotcom and GFC.
Anonymous 2021-09-29 (Wed) 21:16:09 No. 521264
>>521210 Shiller PE is the price over average earnings over 10 years. Regular PE is price over current earnings.
Anonymous 2021-09-30 (Thu) 14:18:27 No. 522280
>>521264 Using the
Shill er P/E is disingenuous because it discounts the gains that capitalism has made now. It focuses too much on the past. Companies are booming right now, and we need to look to the future.
Anonymous 2021-09-30 (Thu) 15:12:35 No. 522324
>>522280 Shiller PE is used to predict long term stock market returns which current PE's are two volatile too use as a predictor of anything.
Anonymous 2021-09-30 (Thu) 15:16:06 No. 522330
>>522324 Companies can change very quickly within a few years. New products, won contracts, new markets, new market conditions, leadership, etc. The current stimulus adds on to this making present data and future estimates more pertinent.
Anonymous 2021-09-30 (Thu) 15:43:24 No. 522365
>>522330 And yet everyone uses Shiller PE to predict long term returns. Just read the article.
https://www.lynalden.com/shiller-pe-cape-ratio/ Anonymous 2021-09-30 (Thu) 18:50:56 No. 522686
>>522558 The signs are as obvious as day for anyone with half a brain that the economy is going down the shitter real quick, it's just a matter of time before the bubble actually pops and the investors start running around like frightened hens (until the government steps in and fucks over the working class as usual).
Anonymous 2021-10-01 (Fri) 10:00:00 No. 523833
>>522686 We've been saying this since at least 2018
Anonymous 2021-10-01 (Fri) 11:42:02 No. 523933
>>523833 It's been true since at least 2018, and would've happened in 2020 if the fed hadn't intervened with the money printer.
Anonymous 2021-10-01 (Fri) 14:08:26 No. 524234
>>524122 I don't buy it that the reason for labor shortages is the lack of immigration. I mean, what are the potential immigrants are doing at their home countries? Lumpen won't be willing to work for poverty wages, seriously? They are already working side hustles as their main jobs for dirt cheap. Something just doesn't add up.
Anonymous 2021-10-01 (Fri) 19:18:11 No. 524761
OHHHHH YEEESSSSS markets went up a ton today
Anonymous 2021-10-01 (Fri) 20:40:17 No. 524856
>>522686 what if the bubble just never pops aside from smaller corrections because there's nowhere else to put the capital? We're already in stagflation mode but if it's only really felt by the poor and drowned out by middle class fuckheads complaining about muh covid restrictions, then what stops them from just printing out more money on a for-need basis?
Anonymous 2021-10-02 (Sat) 03:25:53 No. 525462
>>524856 Nothing. The dollar will just keep inflating and deflating until the US Navy sinks and the oil is finally free.
Anonymous 2021-10-02 (Sat) 03:56:25 No. 525517
>>524856 If it never bursts it will be stagnant and low returns for decades
having the Fed own a large portion of the bond market is also damaging to the functioning of the market
Anonymous 2021-10-02 (Sat) 20:58:06 No. 527049
>debt ceiling
Der Grieche 2021-10-03 (Sun) 14:17:58 No. 528564
I am finishing my MSc studies in the Energy sector and I want to find an internship for that. I will get paid 450 per month for 40 hours a week if! they actually at some point someone accept me at some position. And I really wanna do it. And I despise the cocksucking interviews.
Anonymous 2021-10-03 (Sun) 16:30:37 No. 528755
>>528564 You mean you are selling NFTs? Aren't there costs just to put one up for sale, and then to actually sell?
Anonymous 2021-10-03 (Sun) 16:58:30 No. 528776
>>528564 >On the other hand, I sell rare pepes on bitcoin for thousands of euros. I would say that this is fake, but damn we're living in fucking clown world, maybe the next Bezos will actually be a Pepe merchant.
Anonymous 2021-10-03 (Sun) 17:26:38 No. 528833
Der Grieche 2021-10-03 (Sun) 18:15:14 No. 528948
>>528755 >>528776 I was on it years ago and put almost zero money and effort. Basically created and or got gifted most for free
clown world to the max. Other guys talk about how they were underpaid doctors or teachers and they simply left their jobs.
Obviously all this is going down but really the world is shit.
Anonymous 2021-10-03 (Sun) 19:11:50 No. 529072
>>528948 Someone just gifted you NFTs and you resold them? How does that work?
Der Grieche 2021-10-03 (Sun) 21:30:34 No. 529310
>>529072 NFTs are not something special. Its just a token with a jpg picture supposedly connected to it. Those tokens were useless valueless as there are also now. But when media and even the world economic forum (how the fuck have we let them have a saying in our lives) are shilling for them for months people simply buy them for a lot of money believing they can sell them higher in the future.
My whole point however was to point out that in the current economy its more profitable for an educated person to be preoccupied with selling thin air than solving matters that will probably end our civilization as we know it.
Anonymous 2021-10-06 (Wed) 05:30:59 No. 534390
Any news on the debt ceiling?
Anonymous 2021-10-06 (Wed) 13:05:36 No. 534676
>>534390 Congress just votes to raise it and spend more, don't they do this every time? Not sure what the significance of this is.
Anonymous 2021-10-06 (Wed) 13:25:15 No. 534692
>>534676 /How Boring they should just accept that you can't keep raising the "Debt Ceiling" so they can infinitely spend on their shitty pork barrel projects that was so much money to begin with.
I guess they think paying debt with more debt is a smart idea but what do I know, I could be just some Dolphin on the other side of the screen pissed off the Navy keeps fucking everything up with their Sonar.
Anonymous 2021-10-06 (Wed) 18:20:18 No. 535091
Wtf is going on with the oil price?
Anonymous 2021-10-09 (Sat) 05:31:44 No. 539515
>>534692 Governments aren't households, they don't operate on the same rules as we do, so they can actually keep raising the debt ceiling with no problems.
Anonymous 2021-10-11 (Mon) 18:07:34 No. 542840
>>539515 I heard something like America makes other countries foot part of the cost of inflation since other countries hold dollars in their reserves, so part of inflationary policy is deflected onto them or something. Can you or someone else elaborate? Aren't other countries pretty much forced to hold dollars in reserve by some mechanism?
Anonymous 2021-10-11 (Mon) 20:38:06 No. 542998
So it seems things are just steadily getting worse every day. Rotating shortage of commodities (including labor power), now energy prices spiking, food prices way up.. Is anything going to happen or is this just life?
Anonymous 2021-10-11 (Mon) 21:41:34 No. 543123
>>542998 Fed said inflation is tapering and it already is, things are already going back 2 normal
Anonymous 2021-10-13 (Wed) 01:10:17 No. 544730
>>544719 This is actually a good one, save'd.
Anonymous 2021-10-13 (Wed) 01:23:35 No. 544758
was about to post this nice lol
Anonymous 2021-10-13 (Wed) 12:32:53 No. 545229
>>534390 >>534676 The sky is the limit.
Anonymous 2021-10-14 (Thu) 11:05:30 No. 546568
>>411109 Reverse repo seems to be working out quite fine for asset and equity holders
https://www.cnbc.com/2021/10/13/jpmorgan-jpm-earnings-q3-2021.html Anonymous 2021-10-14 (Thu) 11:07:30 No. 546569
>>545986
Anonymous 2021-10-14 (Thu) 16:52:09 No. 546935
>>545986
Anonymous 2021-10-14 (Thu) 18:12:02 No. 547047
>>545986
Anonymous 2021-10-15 (Fri) 13:39:09 No. 547991
>>547047 It is GOLD and STONKS time 🤣🤑🤣🤑🤣🤑
btw just made more money today, im gonna take profit for now
Anonymous 2021-10-15 (Fri) 20:30:11 No. 548408
Bitcoin is BOOMIN rn OMG making so much money 😃😃
sage sage 2021-10-16 (Sat) 20:04:30 No. 549805
>>548408 why would you bother bragging here?
Anonymous 2021-10-16 (Sat) 20:26:06 No. 549849
>>549805 its funny watching you commies predict the end is near like a hundred times a month but the markets just flying up anyways 🤣
Anonymous 2021-10-16 (Sat) 22:01:04 No. 549980
>>549849 when/are you going to short 100x? we are reaching winter 2017 levels its almost time.
Sage !61KGLATVW. 2021-10-16 (Sat) 22:05:47 No. 549988
>>549849 Well done on cashing in on a CIA operation to debase currency around the world and make it so every transaction can be recorded and every move surveyed.
I have money in Bitcoin. I’m a commie I think surveillance is cool
Anonymous 2021-10-16 (Sat) 22:09:20 No. 549995
>>549849 Money printer go brrrr
Inflation seems to be getting pretty bad lately lad
Are your gains outpacing it?
Anonymous 2021-10-16 (Sat) 22:20:22 No. 550004
>>549995 bruh sometimes i beat the yearly inflation in one day :D
Anonymous 2021-10-17 (Sun) 02:16:07 No. 550317
>>549849 I know this post is made in jest, and this thread is just bantz, but there is legitimately a bubble right now of massive proportions. There is little doubt in my mind it will crash in 5 years or less. Probably much sooner, maybe 1-2 years. Glass-Steagull Act is still repealed and the banks are at it again. Why is the U.S. stock market, at $54.768 trillion, larger than the combined GDP of the United States, China, Japan, Germany, France, Italy, Spain, and the UK right now??
Anonymous 2021-10-17 (Sun) 13:08:38 No. 551002
>>550317 I swear this must be copypasta from 2018 cause you guys were calling bubble then too
>Why is the stock market so big bc people are pricing in future gains lol, if the price was at GDP level then it would be an obvious buy since not only does the market grow, but other people will realize the same thing
Anonymous 2021-10-17 (Sun) 15:22:28 No. 551202
>>551002 Yes, because there was a bubble in 2018 and it's even bigger now. Retail is going to crash like the hindenburg eventually. I'm not asking you to explain why the value of the U.S. stock market does not exactly equal its GDP, that wasn't my point
Anonymous 2021-10-17 (Sun) 15:54:26 No. 551232
>>551202 You people underestimate the strategy of the Fed. They will keep repo agreements and other tools going until the economy adjusts to its previously "inflated" value. In fact it is already happening, P/E ratios are off their tops and resemble the middle of last year already. There will be no crash only a continuation to this epic bull run 😏
Anonymous 2021-10-17 (Sun) 21:05:12 No. 551851
>>551002 and we were right? the crash was bigger then the 70s oil crisis and the dotcom bubble and wiped out a shitload of mortgages and over leveraged retail to consolidate it in blackrock.
Anonymous 2021-10-17 (Sun) 21:07:05 No. 551855
>>551232 >You people underestimate the strategy of the Fed. I don't think there is anything they wouldn't do including starting a nuclear war.
You underestimate the ability of the US to continue production without physical materials and labor.
Anonymous 2021-10-19 (Tue) 14:59:42 No. 555081
omg stonks are pumping again ❤️ love this system , it will never fail
Anonymous 2021-10-19 (Tue) 15:16:13 No. 555095
>>555081 >❤️ love this system , it will never fail top ten sentences said just before disaster
Anonymous 2021-10-19 (Tue) 15:52:58 No. 555127
>>555098 good job porkyposter, someone has to larp what the nutjobs at wall street actually think
Anonymous 2021-10-19 (Tue) 16:28:14 No. 555139
Where are the millions of homeless you guys said would be created by the eviction moratorium?
Anonymous 2021-10-20 (Wed) 14:27:48 No. 556491
bitcoin at record highs, indices also pumpin and BOOMIN! tell me commies, when is this new depression supposed to hit? if your answer is just "sometime" then its worthless
Anonymous 2021-10-20 (Wed) 15:23:18 No. 556546
>>556535 ponzis dont last this long bro
Anonymous 2021-10-20 (Wed) 15:23:40 No. 556547
>>556535 Where exactly does the money even come from? I get that people lose money when they’re left holding the bag, but the people profiting are usually able to sell exponentially more than what was lost by others. So what’s the deal?? how can they conjure money out of thin air like the federal reserve they hate so much?
Anonymous 2021-10-20 (Wed) 15:25:46 No. 556550
>>556547 It's the same mechanics as other speculative assets
Anonymous 2021-10-20 (Wed) 15:30:22 No. 556561
>>556491 Next year porky, we’re not at dotcom bubble peaks yet, almost there though. It will probably go a bit higher than that and crash, most likely mid to late next year.
Anonymous 2021-10-20 (Wed) 15:36:16 No. 556572
>>556547 The amount being traded is a tiny portion of the entire stock
Anonymous 2021-10-20 (Wed) 15:39:27 No. 556574
let the lolbert invest in the bitcrap if xir wants but it is fundamentally worthless
Anonymous 2021-10-20 (Wed) 18:03:34 No. 556789
>>556787 Both and good for the Earth.
Anonymous 2021-10-20 (Wed) 18:07:33 No. 556793
>>556787 Terrible for the market but it would be pretty epic
Anonymous 2021-10-20 (Wed) 18:09:03 No. 556795
>>556787 Giga based, but it won't happen in our lifetimes, because we can't have nice things, since this is the worst timeline.
Anonymous 2021-10-20 (Wed) 18:13:43 No. 556797
>>556787 It would mean disaster for the midterms, however, it could also he good
Anonymous 2021-10-20 (Wed) 19:30:37 No. 556893
>>556787 would annihilate the US economy and the rest of the world by proxy; still would probably be good long-term for all of us
Anonymous 2021-10-20 (Wed) 21:22:53 No. 557038
>>556491 Bitcoin can 4x from here and will lose 90% of its value anyway, just like it always does. That's how cycles work, even your own economists know this.
Der Grieche 2021-10-21 (Thu) 03:37:14 No. 557570
Should I sell bank stonks during inflation or hold them?
Anonymous 2021-10-21 (Thu) 03:45:55 No. 557577
>>556546 Madoff's scheme lasted around 20 years.
Anonymous 2021-10-21 (Thu) 03:49:00 No. 557581
"The more developed capitalism," is writes Liefmann, an unblushing apologist of capitalism, "the more it resorts to risky enterprises, or to enterprises in other countries, to those which need a great amount of time to develop, or finally, to those of which are only of local importance." The increased risk is connected in the long run with the prodigious increase in capital, which, as it were, overflows to the brim, flows broad, etc. At the same time the extremely rapid rate of technological progress gives rise to increasing elements of disparity within the various spheres of the national economy, to anarchy and crises. Liefmann is obliged to admit that "in all probability mankind will see further important technological revolutions in the near future which will also affect the organisation of the economic system"… electricity and aviation…. "As a general rule, in such periods of radical ecomic change, speculation develops on a massive scale."
Anonymous 2021-10-21 (Thu) 17:51:03 No. 558225
>>557570 It depends on the type of inflation. Mild, yes. If inflation is spiraling out of control then no because banks will have trouble lending to people whose savings/investment funds are degrading. You also want to buy financial stocks if there is a rate hike anticipated.
>>557577 False equivalency, we're talking about two very different structures here. They're not the same just because they involve money.
Anonymous 2021-10-22 (Fri) 19:57:47 No. 560455
>>560115
Anonymous 2021-10-22 (Fri) 22:28:52 No. 560701
>>556787 it would be a
nothingburger Anonymous 2021-10-23 (Sat) 04:43:17 No. 561050
>Personal Carbon Credits and credit cards designed to 'lock' if you go over a 'carbon limit' https://www.mastercard.com/news/europe/sv-se/nyhetsrum/pressmeddelanden/sv-se/2019/april/do-black-the-world-s-first-credit-card-with-a-carbon-limit/ Everyone is going to have to buy fucking E-tokens representing personal carbon credits on some sort of shit on the fucking free-market WoW Climate credit auction house that you need to unlock your credit card, which locks itself when you put to much petrol in your car.
By what fucking logic do bougies want people to engage in this?
Anonymous 2021-10-23 (Sat) 12:27:49 No. 561360
>>444728 Damn dude, you were right. I should have listened to you and sold.
Anonymous 2021-10-23 (Sat) 13:36:57 No. 561438
Evergrande just bought itself another week from defaulting with 83 million. This is hilarious to watch happen.
Anonymous 2021-10-23 (Sat) 20:03:36 No. 561998
>>561821 buy tomatoes and make a tomato basil pie
Anonymous 2021-10-23 (Sat) 20:23:22 No. 562031
>>561821 Don't listen to this
>>561998 asshole, he clearly has an agenda. What you should do instead is buy eggplants and grill them over fire so they get that smokey and irresistible flavor.
Anonymous 2021-10-23 (Sat) 20:26:11 No. 562038
>>556893 Isn't most industry on the two shores and in the south? Seems like the ash zone wouldn't even touch them.
Anonymous 2021-10-23 (Sat) 20:36:20 No. 562054
>>562031 >Muh eggplant >Muh tomato What about mushrooms? Some grow the entire year.
Anonymous 2021-10-23 (Sat) 20:42:06 No. 562063
>>562038 i was wagering less on the destruction of the means of production per se and more the logistics, which are just as important, as the current issues in the harbors in california show
Anonymous 2021-10-23 (Sat) 20:47:31 No. 562081
>>562054 you can't spell eggplant without egg and plant
you can't spell mushroom without mush and room
coincidence? no. this is a rule that holds true for all great vegetables, like mushrooms and eggplants
picrel: mushroom-stuffed eggplants, or, since they are mixed up mushplant eggrooms.
Anonymous 2021-10-23 (Sat) 23:10:19 No. 562317
>>558225 > If inflation is spiraling out of control then no because banks will have trouble lending to people whose savings/investment funds are degrading More like:
If inflation is spiraling out of control then
no yes because banks will have trouble lending to people whose savings/investment funds are degrading. You also want to buy financial stocks if there is a rate hike anticipated.
ACCELERATE GANG Anonymous 2021-10-23 (Sat) 23:11:23 No. 562320
>>556787 It will happen 10 communist revolutions in the U.S. before that shit erupts up to that scale.
Anonymous 2021-10-25 (Mon) 13:44:51 No. 565213
>>565211 So you're saying there's still hope in this God forsaken world?
I was praying Web 2.0 would come crumbling down, yall uyghas didnt believe 🙂
Anonymous 2021-10-25 (Mon) 16:30:38 No. 565363
all time highs today on all indices but apparently capitalism is in a crisis 🤣🤣🤣 employment back 2 normal but commies still insistant on world collapse anyways
Anonymous 2021-10-25 (Mon) 18:31:43 No. 565600
>>565211 I love news like this
Anonymous 2021-10-25 (Mon) 19:44:09 No. 565739
>>565211 Why would this incite a google crash though?
Anonymous 2021-10-25 (Mon) 19:53:00 No. 565773
>>565211 Stop giving me hope, man. FAGMAN is coming under attack, but we all know this is the process through which the deep State will fully sink their fangs into them.
Anonymous 2021-10-25 (Mon) 20:38:47 No. 565853
>>565211 >Ok so, I just read through all 173 pages of the unredacted Google antitrust filing and I have to say that either Google is screwed or society is screwed, we'll find out which We already know society is screwed.
Anonymous 2021-11-01 (Mon) 07:28:57 No. 575603
When do you guys think the next market crash will happen?
Anonymous 2021-11-01 (Mon) 11:30:59 No. 575702
>>575603 10 years for certain, within a year maybe
Anonymous 2021-11-01 (Mon) 14:20:21 No. 575807
>>565211 >Literally Enron 2.0, faked add revenue edition >No one gives a shit Jesus Christ how the fuck is this a nothingburger?
Anonymous 2021-11-01 (Mon) 14:26:02 No. 575815
>>575603 wait for interest rates to rise
Anonymous 2021-11-01 (Mon) 14:34:27 No. 575825
>>575820 >>575822
Anonymous 2021-11-01 (Mon) 14:37:05 No. 575828
>>575820 >>regular people >8 likes
Anonymous 2021-11-01 (Mon) 19:41:25 No. 576285
ALL TIME HIGHS BROS
Anonymous 2021-11-01 (Mon) 21:43:54 No. 576478
Anonymous 2021-11-01 (Mon) 23:10:00 No. 576756
>>575603 My trading friends were telling my by years end and that was back in September who the fuck knows. It will probably happen when no one expects it and from some sector no one is looking at.
Anonymous 2021-11-03 (Wed) 19:40:03 No. 580277
>>580171 >Earlier in the day, the state media Economic Daily put out a report saying that people shouldn’t over-think or become anxious about the original MOFCOM statement. It argued that the call to stock up on food was so people would be prepared if they had to quarantine at home during the current outbreak. Now then, remind me, what did Western media said to Western citizens during lockdowns? To not stock up, didn't they? Because it would cause empty shelves and panic. And exactly that happened, anyway. If China says to stock up officialy and openly, it means they don't fear empty shelves even if people start stocking up.
Anonymous 2021-11-03 (Wed) 20:01:51 No. 580321
>>580171 It's just "china is collapsing" cope again. They do this every week.
Anonymous 2021-11-03 (Wed) 21:19:48 No. 580463
>>580325 >0.08% gain >minute chart are porkies really this dumb?
Anonymous 2021-11-03 (Wed) 21:27:15 No. 580477
>>580463 bro that's just after hours, the market is so strnog it keeps pumpin after hours
btw here's a monthly chart, epic gains here as well
Anonymous 2021-11-08 (Mon) 09:10:00 No. 587642
>>575603 Within Biden's presidency, if they can do anything to temporarily halt it, they'll wait for the beginning of his second term or the inevitable Trump takeover. But that's a big IF, considering they've been burning all their options since like… what… 2019 july?
Anonymous 2021-11-08 (Mon) 09:15:42 No. 587646
>>587644 Bush p. much did the same to Obama, so it wouldn't surprise me.
Fukuyama poster 2021-11-09 (Tue) 22:52:22 No. 590545
Anonymous 2021-11-10 (Wed) 05:13:02 No. 591240
>>590419 what does mean to pull equity out of a hourse?
Anonymous 2021-11-10 (Wed) 08:47:24 No. 591579
>>590419 Yep, as expected. Financial market is hemorrhaging into the real world, causing inflation. People realize that speculative bubble cannot last, and try to run away with their earning before the bubble bursts, causing said burst - as well as disastrous effects on the economy. Meanwhile, the govt desperately tries to stall the pop by shovelling in more money.
Realistically speaking, they may even avoid the pop, but it will look like prices of everything in the real world rising so drastically to such an extent that a pop could be preferable, even.
Anonymous 2021-11-10 (Wed) 19:45:05 No. 592477
>Evergrande teeters on edge of default as $148 mln payment falls due
Anonymous 2021-11-10 (Wed) 19:47:16 No. 592485
>>591240 Taking a new loan out using the house as collateral
Anonymous 2021-11-10 (Wed) 19:50:28 No. 592493
>>592485 Isnt that too risky? It bets that prices will keep going up. What if people cant pay?
Anonymous 2021-11-10 (Wed) 19:57:18 No. 592505
>>592493 If the price has already risen a lot since they bought the house its capitalizing on that. If they still owe money on that original mortgage then they can use the difference to reduce their debt. If their loans are already paid off they can get a ton of cash upfront for a much lower interest rate than other types of loans. If people can't pay they lose their home.
Anonymous 2021-11-19 (Fri) 17:56:11 No. 605715
>>605700 CPC is making porkies pay because CPC is so unpopular that if they don't do that they'll get overthrown. /s
Anonymous 2021-11-19 (Fri) 18:04:10 No. 605727
>>605715 it's an atrocity. governments should fear capital, not people
Anonymous 2021-11-19 (Fri) 18:09:51 No. 605733
>>605727 Porkies should fear the bomb. The Iconoclasts are coming for your buildings.
The government should always fear the people as they are public servants.
>>595062 Interesting I wonder what caused it to be Haram other than getting in the way of the corrupt religious officials that have an agenda.
Anonymous 2021-11-22 (Mon) 11:28:28 No. 611767
>>605727 In a democracy the government should fear the people, or voters, rather than the rich (e.g. media tycoons , etc).
We do NOT live in a democracy, and covid is a fabricated reason (im not saying the virus isn't real –is a bioweapon) to abolish some of our rights to control and monitor us.
screenie anon 2021-11-23 (Tue) 12:20:36 No. 613389
Check the Turkish Lira.
Anonymous 2021-11-23 (Tue) 13:01:01 No. 613439
>>613389 It almost looks like vuvuzela.
When will you commies realise?
Anonymous 2021-11-23 (Tue) 13:12:43 No. 613445
>>613439 Erdogan did not consider human nature
Anonymous 2021-11-23 (Tue) 14:37:53 No. 613530
>>613446 only thing that will happen is me getting a new lamborigini 😊 what colour should it be?
Anonymous 2021-11-23 (Tue) 20:10:18 No. 613994
>>613389 Time to invade Syria, I guess.
Anonymous 2021-11-23 (Tue) 20:23:59 No. 614017
>>613446 I was talking about the lira collapse way earlier.
But it wont be the thing that makes an happening occur.
Just a thing that will have an impact on that region of the world.
Anonymous 2021-11-23 (Tue) 20:45:57 No. 614060
>>613994 Again didn't we bomb them enough under Obama?
Anonymous 2021-11-24 (Wed) 15:16:33 No. 615376
>>614067
Anonymous 2021-11-24 (Wed) 15:43:54 No. 615409
>>615376 I'd say that they are remarkably more intelligent then the people who bought into pet rocks or whatever. Now that was some insufferable quirky shit. I have no idea why boomers get away with it.
Anonymous 2021-11-24 (Wed) 16:16:29 No. 615437
>>615409 >pet rocks Wait, it wasn't a joke? Like, everyone wasn't in on it, and everyone just joked about their pet rocks dying and shit?
Grillpilled Schizo 2021-11-24 (Wed) 19:58:58 No. 615637
>>615376 I think it is more a bunch of midwitts who think they are very smart and think to themselves "this is an MLM / ponzi / pyramid scheme, but since I know it is so I am safe and actually if I incest early in the scheme and pull out I'll make a killing!". Then they buy the latest shitcoin / NFT memecurrency that bough addspace on 4chan and thus try to gamble.
Anonymous 2021-11-24 (Wed) 21:59:48 No. 615773
>>615637 > if I incest early in the scheme and pull out kek
Anonymous 2021-11-26 (Fri) 00:16:22 No. 617346
>>617285 'This will be the end of capitalism', says increasingly nervous man for seventh time this year
Anonymous 2021-11-26 (Fri) 00:27:14 No. 617357
>>617285 uh oh time for another vaccine!
Anonymous 2021-11-26 (Fri) 00:36:14 No. 617368
>>617285 I seriously hope you are right, the whole system should burn already, even /pol/ agrees with this.
Anonymous 2021-11-26 (Fri) 01:04:27 No. 617396
The only thing that can kill capitalism is a better substitute.
Anonymous 2021-11-26 (Fri) 01:05:04 No. 617398
>>617396 Tell that to the Romans
Anonymous 2021-11-26 (Fri) 01:27:12 No. 617416
>>617398 What do you mean? Sorry if I miss the reference.
Anonymous 2021-11-26 (Fri) 01:41:43 No. 617421
>>617416 He means that Feudalism after the fall of the Roman Empire was worse than Roman slave society. This means the capitalism will not necessarily be replaced with a better substitute.
Anonymous 2021-11-26 (Fri) 01:53:08 No. 617426
>>617421 Not necessarily worse, just that the Roman society wasn’t even really replaced by feudalism
It just sort of collapsed
There was no replacement, just disorder that a new order arose from
Feudalism was created by people who, in the modern era, would be post-apocalyptic warlords that had split off from the US military or something
Anonymous 2021-11-26 (Fri) 01:54:41 No. 617428
>>617426 It was "the mutual ruin of the contending classes".
Anonymous 2021-11-26 (Fri) 02:08:11 No. 617436
>>617426 Well, feudalism was basically an extension of the Roman system.
All of the pieces of feudalism was there in Rome, and when the barbarian kingdoms came in, they synthesized Roman law with Germanic law, which was just then being written down for the first time. You can think of it as: the logical conclusion to the Roman patronage system with Germ characteristics.
Then you have the Roman Catholic church separating from the Eastern Roman empire and all that jazz.
https://en.wikipedia.org/wiki/Patronage_in_ancient_Rome#Changing_nature_of_patronage >Patronage in the late empire differed from patronage in the republic. Patrons protected individual clients from the tax collector and other public obligations. In return, clients gave them money or services. Some clients even surrendered ownership of their land to their patron. The emperors were unable to prevent this type of patronage effectively.[22] The significance of clientela changed along with the social order during late antiquity. By the 10th century, clientela meant a contingent of armed retainers ready to enforce their lord's will. https://en.wikipedia.org/wiki/Early_Germanic_law#Principles >The Germanic law codes are designed for a clearly stratified society fixated on castes determined by descent or kinship. Legal status, and therefore freedom, was based on a person's caste, discriminating between royals and two or three successive castes of nobility, where the lower were reckoned as peasants or freemen (OE freo man, OHG frīhals), and those who are laymen, or bondmen (ON þræll). Accordingly, descent (nativitate) was determining who would attend the various things (house-things, local things, regional things and inter-regional or royal things). Thus the bondmen were ipso facto represented by their family-heads – the local nobility – on the regional things of the nobles. The same differentiation (in castes) defined who could convey and inherit property. In regulation of tribal feuds and weregeld a similar discrimination is seen. Anonymous 2021-11-26 (Fri) 02:29:48 No. 617455
>>617436 >>617450 While we're on the Roman topic can you suggest any books that deal with Roman (or Byzantine) political economy? Most of my knowledge about Rome basically comes from half-remembered Gibbon so would be fun to read something else.
Anonymous 2021-11-26 (Fri) 02:37:28 No. 617458
>>617285 >Severe lockdowns doubt it, there's gonna be another 100,000 dead americans in the next 2ish months from the current variant and we've gone full bore opening
Anonymous 2021-11-26 (Fri) 02:59:34 No. 617475
>>617426 >>617428 >>617436 >>617421 Feudal serfdom replaced Roman slavery, because it's not a sustainable system.
Anonymous 2021-11-26 (Fri) 09:45:04 No. 617719
>>617285 >>617458 I think this is really gonna do it, lads. We're not going to be allowed to leave at all. They're going to (if we're lucky) send food to our doors, like in China. UBI? Maybe. Civil war? Maybe it'll start, but then the rightoids will all die from nu-Covid. :o
Anonymous 2021-11-26 (Fri) 12:02:04 No. 617842
>>617719 I always love the reactionary dipshits who wonder in. They give themselves away by thinking that these lockdowns are going to be prison forever and that the US will impose them.
No, there won't be UBI, and a civil war where both factions that could fight have the exact same economic interests down the line. The time to give a shit about this virus according to the United States is over. You will go to work and die even if the line continues to go down. The FBI isn't going to burst down your door to make you take the shot, in fact they'll be saving the next ones for themselves. They're going to try to ram the ship forward despite it still sinking.
All this means is that you, the working man, will continue to die to line can go down faster. Porky's already having major staffing issues after killing off almost a million people, most of them workers. You think that's going to get better after killing off another million people? They're hiring 80 year olds because this shit's already falling apart. This isn't the great reset, this is Berlin tossing the Hitler Youth against the Soviet Union.
Anonymous 2021-11-26 (Fri) 16:06:13 No. 618142
Uhhh, stockbros?
Anonymous 2021-11-26 (Fri) 16:13:23 No. 618149
-950 ON BLACK FRIDAY
Anonymous 2021-11-26 (Fri) 16:15:02 No. 618152
So the world is just gonna be perma-gay for the foreseeable future
Anonymous 2021-11-26 (Fri) 16:18:12 No. 618158
-1000 and falling
Anonymous 2021-11-26 (Fri) 16:20:19 No. 618163
FTSE MIB (Italy) −1191 DOW JON (USA) −1028
Anonymous 2021-11-26 (Fri) 16:22:42 No. 618173
OIL DOWN -11.54%
Anonymous 2021-11-26 (Fri) 16:24:57 No. 618180
>>618155 How's it worse than last year?
Anonymous 2021-11-26 (Fri) 16:32:34 No. 618197
>>618180 By November 2020 things had more or less settled into "COVID-normal" and people had figured out what to do.
Anonymous 2021-11-26 (Fri) 16:35:18 No. 618201
>two months' worth of """growth""" gone in 2 hours
Anonymous 2021-11-26 (Fri) 16:43:14 No. 618210
>>618201 lmao more like just this month's
you commies are funny, we have breakneck growth for these past two years, have a small pullback that undoes a small fraction of it, and yet suddenly capitalism is collapsing
im gonna buy the dip here a bit tbh
Anonymous 2021-11-26 (Fri) 16:55:39 No. 618225
>Having 2 hours of blessed powernap after a tiring week <All this shit happens
Anonymous 2021-11-26 (Fri) 16:57:47 No. 618229
>>618225 Just a dip, start buying by the end of the day
Anonymous 2021-11-26 (Fri) 17:06:14 No. 618241
saw what happened. never put a url in my browser so quickly in my life, make the memes good comrades.
Anonymous 2021-11-26 (Fri) 17:23:42 No. 618263
>>618229 hopefully the dip never ends this time
can't wait for the deaths of despair from brokers and speculators🤤🤤
Anonymous 2021-11-26 (Fri) 17:28:11 No. 618270
>>618225 New covid variant just dropped.
Anonymous 2021-11-26 (Fri) 17:33:11 No. 618281
>>618225 In short some new variant appeared in South Afrika. Its causing a panic because apparently the patient zero was an AIDS patient and every journalist worth their salt is going to fearmonger about an airborne AIDS-COVID hybrid. This is, from what I gather, bascially impossible, but the new strain even without the AIDS angle is spooky:
>Its way more infectious than DELTA >It has a mutated structure that basically invalidates all vacination against it >It is loose now So basically we very well might be back at square one of late 2019.
Anonymous 2021-11-26 (Fri) 17:34:07 No. 618284
>>618270 >had plans to travel and shit >new covid drops worse timeline
Anonymous 2021-11-26 (Fri) 17:34:36 No. 618287
>>618270 The South African one?
I think it's hilarious the wreckage COVID will deal to arkets in the long run, because porky refuses to lockdown in the short run. We never had lockdowns in Burgerstand outside of NYC and LA. What's needed is a global, 90 day minimum total lockdown. Deliver rations in hazmat suits.
Anonymous 2021-11-26 (Fri) 17:36:29 No. 618291
>>618287 This. Also there needs to be an unironic vaccination Cheka that will make lists, break into homes at night and forcefully vaccinate everyone.
Anonymous 2021-11-26 (Fri) 17:36:35 No. 618293
>>618281 >>It has a mutated structure that basically invalidates all vacination against it Supposedly the bri'ish goverment said that people with the vaccine are 40% less defended from this strain than other strains
implying that they're genuine and not trying to do damage control. Anonymous 2021-11-26 (Fri) 17:37:49 No. 618298
>>618293 at the vary least its not confirmed but I wouldn't be surprised if our luck has ran out
Anonymous 2021-11-26 (Fri) 17:38:29 No. 618300
Covid is bullish, it means more stimulus + more time inside so tech stocks will continue flying
Anonymous 2021-11-26 (Fri) 17:40:13 No. 618307
>>618300 This is the only time you post here too?
Anonymous 2021-11-26 (Fri) 17:40:48 No. 618309
>>618300 >when markets go up double digit precent Lol
Anonymous 2021-11-26 (Fri) 17:48:14 No. 618320
>>618300 >h, it means more stimulus this so funny from the "socialism doesn't work because you run out of people money" is now coping the fact that the real economy is going into hypovolemic shock by saying thats its okay because of stimmys
Anonymous 2021-11-26 (Fri) 17:50:10 No. 618325
>>618320 It’s worse than that
From
>Socialmsms no work! To
<Actually trillion dollar stimulus is the only reason our economy isn’t in a fucking crater…AND THAT’S A GOOD THING Picrel
Anonymous 2021-11-26 (Fri) 17:50:31 No. 618327
>>618309 yes sweety, nasdaq is up 143% since march of last year, and that's _after_ today's dip
get ready to buy y'all
Anonymous 2021-11-26 (Fri) 17:51:56 No. 618332
>>618320 >>618325 capitalism: 400 years old
socialism: dead at 70 and long in the grave 😂😂😂😂😂😂😂😂😂😂😂
btw the stimulus is wealth that was generated under capitalism anyways
Anonymous 2021-11-26 (Fri) 18:17:09 No. 618363
>>618332 >stimulus is wealth that was generated under capitalism anyways Porky I know your memeing but you don't actually believe this do you?
Anonymous 2021-11-26 (Fri) 18:17:34 No. 618365
>>618332 the usa the premier capitalist nation slides into collapse more and more everyday, the treasury literally tried saving this economy with a magic trillion dollar coin, capitalism won't survive my natural lifespan
Anonymous 2021-11-26 (Fri) 18:21:46 No. 618371
>>618327 >nasdaq is up 143% since march of last year The vast majority of that "growth" is making up for the covid crash.
Anonymous 2021-11-26 (Fri) 18:25:19 No. 618375
>>618367 Is there any reason they can't mint the bazillion dollar platinum chip to solve the issue? Does that need congress aproval or something?
Anonymous 2021-11-26 (Fri) 18:53:15 No. 618397
>>618393 I like how they named it one of the most confusing choices available to them.
Anonymous 2021-11-26 (Fri) 19:09:55 No. 618404
oh hey more virus shit, i am vaxxed and it seems like the obvious truth that it's going to get more potent and then die off is still true. I am done with the covid autism and shutdowns honestly, people know the yanks will not do shutdowns either. Why are we pretending they will happen?
Anonymous 2021-11-26 (Fri) 19:19:31 No. 618406
>>618404 new virus has new spike proteins, meaning that it's going to be immune to current vax.
have fun watching the catherding that will happen trying to get people to get the New Covid Vax.
Anonymous 2021-11-26 (Fri) 19:32:07 No. 618425
>>618393 I forecast big riots this winter with the new lock-downs. People are already shooting cops in colonial France.
Anonymous 2021-11-26 (Fri) 19:50:36 No. 618443
>>618440 >>618440 bitcoin is used for illegal transactions, do the other online meme coins have any use beside speculation
Anonymous 2021-11-26 (Fri) 19:53:43 No. 618446
>>618229 >>618210 lol you are wrong and wont post tomorrow
>>618327 March last year wiped out all gains since 2016, millions of retail trader accounts were liquidated and picked up by hedge funds.
Anonymous 2021-11-26 (Fri) 20:13:29 No. 618457
<El Salvador buys 100 BTC
Anonymous 2021-11-26 (Fri) 20:17:04 No. 618464
>>618461 <Nu Look how they massacred my Greek alphabet boy.
Anonymous 2021-11-26 (Fri) 20:38:19 No. 618494
>>618446 >March last year wiped out all gains since 2016 lol u think a 4-year wipe is bad look at the Ussr, they had a 70-year wipe LMAO
this is why we say capitalism isn't perfect but its the best system we got. U got a better idea go ahea d and implement it.
Anonymous 2021-11-27 (Sat) 02:30:49 No. 619170
>>618494 It took 16 years for the former Soviet territories to bounce back to the GDP per capita levels of 1989.
Anonymous 2021-11-27 (Sat) 02:40:32 No. 619182
>>617285 We're going to reach 100 percent failed state within the decade, if not, at least before 2050.
Anonymous 2021-11-27 (Sat) 02:45:38 No. 619191
>>618270 This one is my favorite mixtape
Anonymous 2021-11-27 (Sat) 02:47:38 No. 619192
>>618291 This is extremely based. But this requires that the government literally nationalize the pharmaceutical industry.
Anonymous 2021-11-27 (Sat) 02:56:45 No. 619200
>>618393 Nu-Rona, will this Rona dress up in black and wear dreads and do rap metal?
Anonymous 2021-11-27 (Sat) 04:32:43 No. 619265
>>618766 Market closed early today at 1PM
Anonymous 2021-11-27 (Sat) 18:22:18 No. 620144
>>620142 Nu
is a fucking stupid thing to name a variant when a new one crops up every few months
Anonymous 2021-11-27 (Sat) 18:39:42 No. 620161
>>620142 >>620144 I mean, the English romanization of the Greek alphabet is trash. Just spell it "Ni" and "Ksi", lol. Though I think the "u" in "nu" was actually an ypsilon.
Anonymous 2021-11-27 (Sat) 19:28:08 No. 620243
>>620142 Novel Coronavirus… more like Nuvel Xivirus
Anonymous 2021-11-27 (Sat) 21:45:05 No. 620508
>>620144 Apparently it's pronounced nee which makes it even worse
Anonymous 2021-11-29 (Mon) 14:04:55 No. 622924
>>618446 >lol you are wrong and wont post tomorrow omg stupid commies wrong aggain ❤️ capitalism will never fail like i told u to buy the dip!! 😍😍 im making even more money rn
Anonymous 2021-11-29 (Mon) 14:25:17 No. 622940
>>618494 …
The 70 year wipe was specifically due to transitioning to capitalism?
Anonymous 2021-11-29 (Mon) 15:53:02 No. 623007
>>622940 yes… because their system colapsed under its own stress
Anonymous 2021-11-29 (Mon) 17:48:37 No. 623091
omg indices over 2% up today i am soo richh 😃😃😃😃😃😃 keep shorting commies youll be in the ground soon along with your longdead ideology 😂😂
Anonymous 2021-11-29 (Mon) 23:03:24 No. 623398
Let's say I got a bunch of cash and only care about beating inflation. What to do? Buy some gold now?
Anonymous 2021-11-30 (Tue) 02:06:41 No. 623602
>>623398 If you have enough money to invest in shit you're not working class, it's time for you to accept that.
Anonymous 2021-11-30 (Tue) 02:13:34 No. 623608
>>623602 workers have no excuse to complain about 'being explotited' and having their 'wages stolen' because they canjust invest their money into stocks and get it back and then some, the markets are always growing and if you miss out you are literaly stupid
Anonymous 2021-11-30 (Tue) 03:21:06 No. 623670
>>623667 What do you mean someone has to want to buy for me to sell?
I thought I could just sell my $GME stocks when the squeeze reached infinity!?!
Anonymous 2021-11-30 (Tue) 07:23:13 No. 623840
>>623091 Lmao I'm making thousands off these spy puts. Why take the theta cock when you can be rich off volatility. Market go up, win, market go down, win. Silly capitalist coomer only waiting for market to go up.
Anonymous 2021-11-30 (Tue) 14:00:29 No. 624026
>>623840 >muh puts >muh theta >muh cock bruh just buy the dip, volatility buyers are getting hammered from its constant decay. volatility is pretty mch just a measure of put buying and a terrible startegy long term…. unlike just buying
Anonymous 2021-11-30 (Tue) 15:11:44 No. 624082
>>623398 Real estate. Lowest priced are storage units if you can't afford appartement or houses.
Anonymous 2021-11-30 (Tue) 15:56:37 No. 624131
>>624026 I know you don't actually own any stocks
Anonymous 2021-11-30 (Tue) 20:12:15 No. 624479
my signals are going off
Anonymous 2021-12-01 (Wed) 00:36:22 No. 624932
>>624160 >>624173 >~1% movement on an index It's over. Capitalism is finito. Put it out of its misery already.
Anonymous 2021-12-01 (Wed) 00:55:42 No. 624950
>>624932 capitalism is canceled
Anonymous 2021-12-01 (Wed) 01:12:21 No. 624964
>>624932 A single spark can start a prairie fire.
Anonymous 2021-12-01 (Wed) 06:22:04 No. 625209
>>624871 I'm making bank off the stock market and I'm a dedicated communist. It's called the sigma grindset, something a beta cuck larping as an alpha wouldn't know.
Anonymous 2021-12-01 (Wed) 06:39:51 No. 625213
the stock market is not 'capitalism' as in the whole mode of production, and it will be propped up on stilts for longer than the Sun
Anonymous 2021-12-01 (Wed) 06:44:30 No. 625214
>>624160 >>624173 I don't see why you have to point out the number going down, were not in a recession or depression. We are in what is comparable to a business cycle with the added bonus of a pandemic causing panic here and there. But the truth is that this is just a slight economic downturn but when we can say measure the data over years, then we can observe it as a dip but certainly not recession or depression levels.
This is why we haven't collapsed into pure failed state chaos. With the great depression and the 08 and 09 recession there was a noticable "end times" feeling because of so much unemployment. And the inflation we're dealing with is not bad at all, not by a long shot. This is normal inflation for pandemic times and lower consumption levels.
If you try and make the argument that the government is pushing the fear of the pandemic to gain power then you're literally falling into the meme that conservatives say about we are becoming more communist. The truth is that we are not dealing with runaway inflation which what is actually the real danger which would lead to a complete collapse of consumption and the entire economy. If you truly want to analyze the economy in a worthwhile way, measure overall consumption and compare that with past dips in consumption. People ARE buying things, just at less rates because of the supply problem.
So basically nothing to report here except some gambling upper middle class and rich folk lost some money, this means nothing for regular working people.
The stock market are absolutely zero bearing on how workers are doing.
Anonymous 2021-12-01 (Wed) 16:12:25 No. 625527
omg another 1% up day 😃 literally just made thousands today without even taking my jammies off
Anonymous 2021-12-01 (Wed) 19:04:46 No. 625698
>>625527 Anon it's funny when you do your bit with the flag on and saying your nuy the dip line, etc. occassionally sure. Its umecessary and not very funny when its every third post.
The solution to not getting as many laughs as you used to is to make some new material and isnt repeating the same things again and again in quick succession.
Polite sage for friendly unrelated advice.
Anonymous 2021-12-01 (Wed) 19:12:11 No. 625707
Apparently black friday was a shitshow, sales were down across the board
https://twitter.com/LeftistMoniker/status/1465485050720444419 Anonymous 2021-12-01 (Wed) 19:15:43 No. 625711
>>625698 take your own advice bud, leftypol shits themselves when we go down 1%, but yet i get boo'd for telling yall its a nothing burger! anyways im legit buying more here
Anonymous 2021-12-01 (Wed) 19:23:23 No. 625717
>>625694 zoom out
not lookin good
Anonymous 2021-12-01 (Wed) 19:46:40 No. 625741
>>625717 poorly defined channel tbh, frankly the lesson here is that it just keeps going up long term despite small lossses
also this is just like one index
Anonymous 2021-12-03 (Fri) 17:25:57 No. 628384
market go brr, cope bulls, its time for bears
Anonymous 2021-12-03 (Fri) 17:33:50 No. 628396
>>625711 >take your own advice bud Anok I'm not the one committed to the same tires out comody bit for 3 years. How exactly am I supposed to take my own advice here?
Anonymous 2021-12-03 (Fri) 18:53:23 No. 628515
>>628396 >I'm not the one committed to the same tires out comody bit for three years lol yes you are, /crisis/ has been calling doom for years now
we have a downcycle every few months and every time comtards say capitalism will end there, celebrating every 1% down and it just all goes up anyways lmao
Anonymous 2021-12-03 (Fri) 18:56:27 No. 628522
>>628515 I liked you better when you were actually funny.
Anonymous 2021-12-03 (Fri) 19:12:36 No. 628544
>>628522 your misunderstanding bro, youre all the funny ones 😂 quit beleiving your dogma and make some money for once
Anonymous 2021-12-03 (Fri) 19:15:35 No. 628550
>>628522 he's right you know
a stock market is not a leading indicator for secular crisis. you get financial panics and all that, but the real crisis will be known and felt being ongoing before it hits the stocks. it's stupid to take line go up line go down as something worth paying attention to, unless you make money / lose money
Anonymous 2021-12-03 (Fri) 19:23:30 No. 628565
>>628550 Put your flag back on
Anonymous 2021-12-03 (Fri) 20:27:09 No. 628680
Crypto does a little dip
Anonymous 2021-12-03 (Fri) 20:31:17 No. 628684
porky, what have you done, my bitcoins are crashing
Anonymous 2021-12-03 (Fri) 20:46:42 No. 628699
Market hasn't made any gains in the last 6 months, Handelsblatt talking about stagflation, mainstream econ also talking about how the lira could spark another financial crash etc.,
Anonymous 2021-12-03 (Fri) 21:07:32 No. 628718
>>628699 >s&p up 9% in last 6 months >Handelschnitzelnazi raves about some dumb european shit that doesnt matter >ottoman rump state doing something idk no news then huh? business as usuall, BUY IT ALL UP FOLKS!!!
Anonymous 2021-12-03 (Fri) 21:11:03 No. 628722
>>628711 >Are you buying the lira dip, anons? Dip implies the possibility of an upswing.
Anonymous 2021-12-03 (Fri) 22:35:57 No. 628809
>>628515 I think we are still right. The bubble pretty obviously popped and the market is decoupled from reality. Your LARP would be better if you actually traded like a degenerate gambler.
>>628550 yeah like supply change shocks or something
Anonymous 2021-12-03 (Fri) 22:39:07 No. 628815
>>628809 your data is cherrypicked. go ahead and post the industrial production for 2021 ok
Anonymous 2021-12-03 (Fri) 22:43:58 No. 628824
>>628722 Digits confirm
RIP Ataturk was a real one
Anonymous 2021-12-03 (Fri) 22:49:26 No. 628836
>>628815 Literslly this whole thread isnt here for tour played out porky comody routine. You should be banned for spam.
Anonymous 2021-12-03 (Fri) 22:55:30 No. 628852
>>628836 your just mad your gay-ass predictions fail every time and your shorts make you get margin called. SAD!
Anonymous 2021-12-03 (Fri) 23:02:29 No. 628868
>>628852 Lmao the economy is fucked beyond recognition while the line goes up, but capitalism is failing insanely bad. Keep coping and clinging to the line porky.
Anonymous 2021-12-03 (Fri) 23:18:38 No. 628893
>>628852 Where have I made literally any prediction, faggot?
If you unironically can not come up with any new material at least limit your 'buy the dip!' but to a little less than every 3-5 posts. Shitposting is great and all but you're kind of being a knob… I'm honestly in awe that you done see it, Jfc.
Anonymous 2021-12-03 (Fri) 23:20:46 No. 628900
>>628852 Where have I made literally any prediction, faggot?
If you unironically can not come up with any new material at least limit your 'buy the dip!' but to a little less than every 3-5 posts. Shitposting is great and all but you're kind of being a knob… I'm honestly in awe that you done see it, Jfc.
>>628868 >Keep coping and clinging to the line porky. It isn't a real porky idiot wtf. It's a regular leftypol user that's clinging on to the fact they used to get laughs for doing this as long as 2 years ago.
Anonymous 2021-12-04 (Sat) 11:57:25 No. 629692
I won't be happy until bitcoin drops to its 2010 price.
Anonymous 2021-12-04 (Sat) 12:26:10 No. 629707
>>629686 >lost over $5 million this year (life savings) What not logging off does to a mf
Anonymous 2021-12-04 (Sat) 13:00:56 No. 629748
>>629692 It wouldn't last long that be an extreme discount and the price would rocket right back up again. Sadly the coin is here to stay unless it goes straight to 0.
Anonymous 2021-12-04 (Sat) 13:33:03 No. 629790
The fed is tapering soon. 10k in one hour, i must go and look at the biz
Anonymous 2021-12-04 (Sat) 16:15:43 No. 630027
>>629689 >Bitcoin COLLAPSES from super-duper gains to just super gains lmao, this is nothing. don't even think of shouting until were >1000$
Anonymous 2021-12-07 (Tue) 13:42:27 No. 634646
go ahead comtards, the markets are moving fast, start posting
Anonymous 2021-12-13 (Mon) 23:27:47 No. 644422
Some of you guys are alright. Don't be in the stock market on Wednesday when the Fed raises rates.
Anonymous 2021-12-13 (Mon) 23:58:27 No. 644462
Guys this is your chance to buy GME and AMC, another squeeze incoming
Anonymous 2021-12-14 (Tue) 00:02:22 No. 644465
>>639433 >Evergrande default on loans of apparently 200+ mill <On Thursday, Fitch downgraded the Kaisa Group to "restricted default." >According to bloomberg chairman Hui is currently worth $6.23 billion, which is down from a high of $42 billion in 2017 <The central bank on Monday also announced that it would pump $188 billion into the economy, apparently to counter the real estate slump. >Yi Gang, says in thurs speech situ was a “market event” and it will be handled according to market principles and law cringe What's going to happen, anons? Will the chinese state be able to keep this contained? How so? What is restructuring going to look like?
Anonymous 2021-12-14 (Tue) 00:52:07 No. 644525
>>634646 the thread is called crisis for a general…
it's not biz…
we're actively hoping for it ti get bad enough that wall street speculators start those 'deaths of despair'
Anonymous 2021-12-14 (Tue) 00:53:45 No. 644530
>>620142 no, it's because britbongs and Amerifats will call it "new covid" nd cause a cringeworthy mess
Anonymous 2021-12-14 (Tue) 12:19:37 No. 645095
So how do I make money on the next 08 level depression that's going to start Wednesday?
Anonymous 2021-12-14 (Tue) 13:51:15 No. 645250
>>645239 >2020s <1970s look at me. I am stagflation now
Anonymous 2021-12-14 (Tue) 15:08:45 No. 645317
>>644525 >we're actively hoping now THAT'S leftist praxis 🤣🤣🤣
Anonymous 2021-12-14 (Tue) 20:45:28 No. 645762
just got a call from the office, everybody buy NOW! bullish news tomorrow
Anonymous 2021-12-15 (Wed) 19:11:25 No. 647025
>>647021 Every time I open leftypol in a new browser I wonder why i have this thread minimised.
Then I remember it's constantly spammed by this unfunny janoid faggot.
Anonymous 2021-12-15 (Wed) 19:17:37 No. 647032
>>629686 >5 MiLlIOn In CRyPto HOw RICh ARe ThESE TRUST FUNd 4CHiNS
Anonymous 2021-12-15 (Wed) 19:19:49 No. 647038
>>647025 KEK i know u shorted, bears never win 😃
sage negated btw
Anonymous 2021-12-15 (Wed) 19:35:28 No. 647058
>Fed rates kept near zero again
Anonymous 2021-12-15 (Wed) 19:46:40 No. 647068
>>647058 It was really disgusting when he mentioned the danger of wages rising too high in relation to (perceived) productivity as a driver of inflation.
Anonymous 2021-12-15 (Wed) 19:49:51 No. 647070
>>647068 And now he's really really worried about labor force participation. The pandemic support was cut but the participation is still too low! Oh no. Must apply whip harder. Really wish someone would dome this guy in Minecraft, these technocratic professionals are the worst.
Anonymous 2021-12-15 (Wed) 19:54:32 No. 647075
>>647070 you go outside recently? lots of places hiring and giving 15$ and more for new employees. people are just getting to much welfare and its predictablty hurting the economy
Anonymous 2021-12-15 (Wed) 20:35:06 No. 647139
>>645762 lemme repeat this folks, just buy the dip and you will be rich. once you start making as much money as me you will giveup this stupid communism thing 😃 you will be happy instead o f bitter about the world
gonna go have a margarita now to celebrate my lovely lovely gains today 😍😍😍
Anonymous 2021-12-15 (Wed) 20:47:19 No. 647159
>>647058 Lol, just let the inflation rip. What could go wrong
Anonymous 2021-12-15 (Wed) 22:09:11 No. 647273
its just kind of dumb that he posts every time the market moves.
Anonymous 2021-12-17 (Fri) 00:27:34 No. 648865
>>648752 IPO's tend to pop up the first day of trading
Anonymous 2021-12-17 (Fri) 00:42:24 No. 648884
>>647068 Inflation is a meme
Anonymous 2021-12-17 (Fri) 19:10:28 No. 649831
turkey is shitting itself
Anonymous 2021-12-17 (Fri) 19:12:21 No. 649834
>>649831 It's always shitting itself, is it now prolapsing its intestines or something?
Anonymous 2021-12-17 (Fri) 19:21:23 No. 649846
>>649831 Turkey watchers have been saying this for weeks. Call us when something actually changes.
Anonymous 2021-12-22 (Wed) 20:19:31 No. 656977
another day, another 1% up…. seirously youve got to be stupid in the head if you miss this
Anonymous 2021-12-27 (Mon) 15:02:59 No. 662856
that's right comtards, shut your stupid mouts when we are hitting all time record highs 🤑🤑🤑 your idealogy is a failure, just buying is way smarter than anything marx ever shit out
Anonymous 2021-12-31 (Fri) 22:30:07 No. 668445
SOON
Anonymous 2021-12-31 (Fri) 23:04:02 No. 668491
>>668445 nooooo i don't want tax day to come 😭 my bill just keeps getting bigger from all these epic gains 😭😭😭 tfw suffering from succes!
Anonymous 2021-12-31 (Fri) 23:40:05 No. 668541
>>651640 Lol. I was just thinking the other day, what is their political beliefs? Everyone always says they are libertarians but I wonder if they've evolved.
Anonymous 2021-12-31 (Fri) 23:56:32 No. 668579
>>668541 They were infamously libertarian, but the idea of change is not off the table: their Amazon (Bike Parade, etc.) season finales have Josh, an employee disabled on the job, espouse entry-level Marxist phrases and arguments in a way that isn't really mocked. In the deleted scene,
Bezos is defeated by Josh (
https://www.youtube.com/watch?v=KVuw9cbz1WI , 5:06 onwards). That along with their backtracking on global warming makes it seem feasible they've come to terms with some of the horrors of economic libertarianism.
I feel like they're the kind of people who don't like the idea of a single label defining what you agree with or what you can and can't make fun of.
Anonymous 2022-01-01 (Sat) 00:36:19 No. 668674
>>668523 pshtt….. i welcome the chalenge 😃 come at me i dare you
Anonymous 2022-01-04 (Tue) 01:01:18 No. 672904
>>672899 Netflix is a subscription service isn't it?
Anonymous 2022-01-04 (Tue) 01:05:09 No. 672907
>>672904 Yeah, and it's reliable in the sense that planet fitness is reliable on the business end where you don't use it but don't rmember to unsubscribe
Anonymous 2022-01-04 (Tue) 01:16:14 No. 672917
>>668579 Yeah as far as the show goes I know they like to parody everything, but I wonder what their real political beliefs are now. I bet they're some kind of enlightened centrist or something now.
Anonymous 2022-01-06 (Thu) 15:14:05 No. 677834
Markets taking a poopy in expectation of Fed raising rates tomorrow. it will probably pump tomorrow regardless
Anonymous 2022-01-06 (Thu) 15:51:31 No. 677873
>>677834 >Markets are up 30% YoY <markets making a poopy! lmao this is barley a correction, anyways the fed won't wreck anything, just think about it, comtard:
>let inflation continue above normal, OR crash the economy come on, learn game theory
Anonymous 2022-01-06 (Thu) 16:02:29 No. 677900
>>677873 Okay just crash the economy default on the loa s and call bankruptcy then cash out from the trillions of debt to be reinversed. See game theory of capitalist piggies. My game theory is crash the fucking economy and have a reason why people revolted in the Great Depression and actually take over the government as a communist state and take no concessions from porky presidents.
Anonymous 2022-01-06 (Thu) 21:29:37 No. 678474
>>678465 You realize the central banking cartels that control fiat currencies
want bitcoin to be shut down.
Anonymous 2022-01-06 (Thu) 21:40:37 No. 678490
>>678485 Why do you hate bitcoin more than central banks?
I'm, err, doing research.
Anonymous 2022-01-06 (Thu) 21:43:00 No. 678492
>>678490 I won't shed any tears over porky infighting. Same as when Amazon destroys big box stores and big box stores destroyed small businesses.
Anonymous 2022-01-06 (Thu) 21:59:21 No. 678532
>>678492 >coz capitalism bad For some reason I thought you actually knew something about economics and monetary theory lol.
Anonymous 2022-01-06 (Thu) 22:00:18 No. 678534
>>678492 >tug of war between two capitalists >for some reason the socialists on the sidelines are excited, as if theyll win anything Lmao
Anonymous 2022-01-06 (Thu) 22:03:01 No. 678543
>>678534 >>tug of war between two capitalists This is literally how the bolshivek revolution happened
Anonymous 2022-01-06 (Thu) 22:06:26 No. 678549
>>678543 wrong, it was becaus the tsar's economy was weak from adopting free markets too slow, which made the people too poor to handle it, and even then the bolsheviks realized they needed some free markets too (but then their country fell apart anyways since socialism makes the government too bureacratic and slow to respond to a failing economy)
Anonymous 2022-01-06 (Thu) 22:08:34 No. 678552
>>678528 >It is the peak of inefficient use of the means of production in human history. I suppose you have no opinion at all about the $6.6 trillion
per day converted between various fiat currencies on forex. Or did the anti-bitcoin propaganda you consumed leave that out for some reason?
You can't store or transport electricity across large distances the way you can TCP/IP packets. So for remote parts of the world where electricity is cheap and underused, helping to secure and facility a hard digital money that can't be manipulated or censored by governments actually is the best use of resources.
Anonymous 2022-01-06 (Thu) 22:12:00 No. 678559
>>678528 >It is the peak of inefficient use of the means of production in human history. Yeah, banks are also good at inefficiency.
Are you by any chance angry that you can't afford your graphic card thanks to this?
Anonymous 2022-01-06 (Thu) 22:15:55 No. 678566
>>678549 >wrong Lenin was given resources and a free train ride to petrograd by the German empire of course everything else played s factor but a divided and desperate ruling class is only ever good for socialists.
Anonymous 2022-01-06 (Thu) 22:17:34 No. 678568
>>678534 >tug of war between two capitalists Except a centralized institution with a government enforced monopoly trying to plan the whole economy through manipulating interest rates is much closer to socialism than the other thing.
It's a shame you didn't admit it. Anonymous 2022-01-06 (Thu) 22:31:23 No. 678602
>>678572 >The world's fiat currency calculations can be done in real time on a lone specked out Compaq 386 from 1986 with no issues. Oddly specific are you referencing something? Anyway that's not true in principle because there are too many currencies with arbitrarily fluctuating prices with zero grounding in reality. A single centralized currency will always be more efficient than a single distributed currency. But in this case you are just ignorant of how pathetically inefficient FOREX is. As
>>678474 said the people who control the central banks also control the media which is why you (and the rest of the general public) have such a one sided view on this issue.
What's stopping you from using it?
Anonymous 2022-01-06 (Thu) 22:39:17 No. 678617
>>668579 I agree with the other anon, they are like actual centrists and not just neoliberals who call themselves centrists (As confusing as that sounds)
Anonymous 2022-01-06 (Thu) 22:42:46 No. 678621
>>678602 The 386dx with math co-processor has been used for much more complex market simulations in academia in the late 80s as that setup is overkill as they were made for real mathematics (like calculating aerodynamics) not the baby math in economics.
What you are ignoring is the massive material infrastructure that goes into crpyto just to support its dinky little market and if you scale it up you'd need a planet sized computer just to run the crypto calculations needed for Earth's daily transactions.
Anonymous 2022-01-06 (Thu) 23:03:37 No. 678652
>>678621 >you are ignoring is the massive material infrastructure that goes into crpyto just to support its dinky little market Why am I supposed to care about individuals buying hardware and electricity with money they earned themselves?
You've gone from it
is a waste of resources to
it will be a waste of resources. Which is not what the original argument was about.
I don't care about your retro computing autism. I asked you two specific questions you avoided
>The world's fiat currency calculations can be done in real time on a lone specked out Compaq 386 from 1986 with no issues. 1. Source?
>Glushkov calculated would be needed to plan a national economy scientifically free from the human errors that plague markets 2. If such an algorithm exists and works then why don't you use it?
Anonymous 2022-01-06 (Thu) 23:23:44 No. 678690
>>678652 Because you live in a society and no one is an island. Improper use of productive forces effects the quality of what is available to you on the market or even can cause you death in the case of the green house gasses that comes with that computational power that comes to run crypto algorithm.
>You've gone from it is a waste of resources to it will be a waste of resources. Which is not what the original argument was about. No I've stated Earth can't support the computational requirement of crypto if you scale it up to replace money.
>1. Source? The math behind currency price is just total transactions (who is buying/taking loans in US dollars and who is selling/repaying loans in US dollars). Far less then the math behind crypto that is artificially made harder for computer to calculate to make artificial scarcity of crypto coins.
>2. If such an algorithm exists and works then why don't you use it? The point of the algorithm is for a nation to properly plan its economy, meaning it is a tool of nation states.
Anonymous 2022-01-06 (Thu) 23:51:05 No. 678747
>>678690 >can cause you death in the case of the green house gasses that comes with that computational power that comes to run crypto algorithm. We already established that crypto uses negligible resources compared to forex. If you're really so worried about
global cooling global warming climate change whatever the fuck it's been rebranded as now, then bitcoin should be
way down on your list of priorities. It is a cheap non-argument.
Ok.
Yes except there are ~250 different currencies being traded. I understand now that you were just making a general point that doing a currency conversion is a trivial operation compared to brute forcing a hash. You just threw in the Compaq 386 from 1986 because you thought it sounded smart I guess.
That's not really correct. Bitcoins are scarce because they're scarce. The artificial difficulty is just to prevent a single actor controlling too much of the network. The difficulty scales depending on how many people take part and new coins are minted on a fixed schedule regardless.
No come on dude if you really have a magic algorithm that can effectively plan a real economy all you have to do is run it like a simulation and prove how superior central planning is. You can't because the algorithm either doesn't exist or doesn't work.
Anonymous 2022-01-07 (Fri) 00:04:21 No. 678768
>>678490 He doesn't, he's just a retard who hates crypto because it's associated with lolberts. So 80-90% of leftists as this point. Ritually shooting ourselves in the foot once again! hoorah!
Anonymous 2022-01-07 (Fri) 00:11:13 No. 678776
>>678747 Computers require electricity to run and to cool. This is why the PRC banned it because they calculated the nation of China was expending more money in lost opportunity costs in producing electricity for crypto.
>Yes except there are ~250 different currencies being trade As a nation why do you care about other currencies? All you care about is what your currency is worth to gold and silver and the flow of currencies in and out of your national economy.
>That's not really correct. Bitcoins are scarce because they're scarce. The artificial difficulty is just to prevent a single actor controlling too much of the network. The difficulty scales depending on how many people take part and new coins are minted on a fixed schedule regardless. That is artificial scarcity as that means computers can keep track of the transactions easier by definition if they didn't bother with difficulty scaling.
>No come on dude if you really have a magic algorithm that can effectively plan a real economy all you have to do is run it like a simulation and prove how superior central planning is. You can't because the algorithm either doesn't exist or doesn't work. What is the point being able to calculate how to effectively manage the productive forces of the national economy if you don't have the means to enact such plans?
Anonymous 2022-01-07 (Fri) 00:15:22 No. 678785
>>678490 >false dichotomy Your pyramid meme scheme will never threaten central banks because the government can outlaw them at anytime.
>BUT I'M SO SNEAKY EVEN IF THEY OUTLAW I WON'T GET CAUGHT! I hear there is a lot of money in money laundering, and drug dealing too. If you're so un-risk adverse to prison time you should broaden your horizons beyond crypto.
Anonymous 2022-01-07 (Fri) 00:21:03 No. 678794
>>678785 Can't governments also track what you buy on the blockchain anyways? I Mean anything about any sort of decentralization seems like a cope from the more blatant and honestly more noble desire to just not be a poorfag anymore.
Anonymous 2022-01-07 (Fri) 00:34:54 No. 678826
>>678776 >PRC banned it because they calculated the nation of China was expending more money in lost opportunity costs in producing electricity for crypto If that's true then you don't need to ban it, you just need to let the more efficient electricity users out bid them for electricity. The truth is China uses its central bank to manipulate its fiat currency same as everyone else and the existence of bitcoin fucks that up for them.
We're supposed to be talking about the inefficiency of forex converting between hundreds of different floating fiat currencies everyday and how all that wasted electricity causes many more global warmings than bitcoin (assuming you ever actually cared about that).
What century do you live in lol. Currency exchange rates are determined by supply and demand just like any other commodity. Governments can't peg it to anything real like gold because then they can't inflate. If you inflate a gold backed currency then people would rather take the gold. That's how you end up with French warships in New York harbor.
Because if you can prove it works in a simulation then a real government will adopt it and you will have the beginning of your new socialist utopia. Assuming it works of course
which is doesn't Anonymous 2022-01-07 (Fri) 00:53:07 No. 678861
>>678826 That itself causes lost opportunities as you are pricing producers of greater utility out of the market. So on one hand the PRC wants to put a ceiling on the price of electricity to encourage productivity and on the other doesn't want it to go to waste thus it tells crypto miners to take their business elsewhere.
That in reality uses the US dollar as if it was gold.
The Comeon nations based the value of its currencies on gold even as it created and destroyed digits in the bank accounts of firms.
>Because if you can prove it works in a simulation then a real government will adopt it and you will have the beginning of your new socialist utopia. Assuming it works of course which is doesn't The Comecon rebuilt without the fat checks from Washington DC proving planning works.
Anonymous 2022-01-07 (Fri) 01:08:39 No. 678887
>>678861 >That itself causes lost opportunities as you are pricing producers of greater utility out of the market. If they were greater utility then they would make money money. You
wanting them to be greater utility doesn't change reality.
Don't truncate the quote. Either answer the whole argument or don't bother.
It's not 1951 so wtf are you talking about?
Ok but east germany is still no where near west germany in economy, infrastructure, everything so what's you're point?
And what happened to your magic central planning AI that totally works you just never bothered trying it?
You've completely abandoned the discussion and just jumping around topics trying to score little points wherever you can now.
Anonymous 2022-01-07 (Fri) 01:34:59 No. 678939
>>678887 >If they were greater utility then they would make money money. You wanting them to be greater utility doesn't change reality. Even classical economists of the 19th century disagree with you. For example Fredrick List explained nations are doomed to be agrarian with the nation imposing its will on markets to industrialize and waging economic warfare on the nation's enemies.
>Don't truncate the quote. Either answer the whole argument or don't bother. You honestly think calculating the price of currencies is any near as much to that of crypto?
>Ok but east germany is still no where near west germany in economy, infrastructure, everything so what's you're point? The GDR economy for its starting point had more impressive growth then the FRG, The GDR able to build a semiconductor sector following in the footsteps of Japan from scratch with the west's only critique being like Japan half a decade prior it costed the GDR more to produce chips then get them on market but the GDR was in that sector was following the exact same trajectory as Japan just half a decade behind them.
Anonymous 2022-01-07 (Fri) 01:36:11 No. 678947
>>678939 >List explained nations are doomed to be agrarian with the nation imposing… with the nation without the nation
Anonymous 2022-01-07 (Fri) 02:27:40 No. 679031
>>678572 >The world's fiat currency calculations can be done in real time on a lone specked out Compaq 386 from 1986 with no issues Oh yeah, let me know when any random bank uses a tuna can as a server.
>>678572 So….?
>>678572 Seems good. Why any other country doesn't use Glushkov techniques?
Anonymous 2022-01-07 (Fri) 02:39:41 No. 679047
/biz/ is just fucking nightmare like imagine actually being a regular on there.
Anonymous 2022-01-07 (Fri) 02:42:32 No. 679048
>>678534 >my enemies kill each other >i'm not supposed to cheer from the sidelines bcuz nooo you can't just celebrate porkies getting shat on ;_; >>678532 Yes, capitalism bad.
Anonymous 2022-01-07 (Fri) 04:25:31 No. 679152
>>679047 /biz/ is actually a containment board for /g/. When all the crypto ponzi schemes took off they all started spamming their shit on /g/ the spam got so bad /biz/ was created.
sage 2022-01-07 (Fri) 09:45:59 No. 679481
>>679047 i lost my mind there for a few months a while ago, when the shilling was half as bad as it is now. made money though lol - stinky linkies
Anonymous 2022-01-07 (Fri) 10:26:59 No. 679518
>>678490 keep coping, cryptofag
Anonymous 2022-01-10 (Mon) 11:09:30 No. 685015
>>509745 The floor is made of dead maxis, their wallets forever inaccessible, even in death they hodl.
Now, Nao you see.
Anonymous 2022-01-10 (Mon) 14:47:13 No. 685203
>tfw stonk markets have only grown 22% in the last year
Anonymous 2022-01-10 (Mon) 15:05:23 No. 685222
>>678490 Why should I hate central banks btw?
More than any other bank, I mean.
Anonymous 2022-01-11 (Tue) 15:00:17 No. 686810
>federal reserve will slow asset purchases bc the economy is already recovering and were getting over covid >stonks have rallied this week
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