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i fondly remember 2020 as the year when number completely detached from reality
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Jan 4, 2021 00:40
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https://www.youtube.com/watch?v=GI7sBsBHdCk
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Jan 4, 2021 00:40
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Dustcat posted:i fondly remember 2020 as the year when number completely detached from reality Number has never cared about regular people or the economy. Number only reflects how good companies are doing, and the largest companies are doing better than ever.
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Jan 4, 2021 00:41
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Lazy rear end OP
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Jan 4, 2021 00:41
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post good content from the old thread and ill put it in the OP
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Jan 4, 2021 00:41
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DoomTrainPhD posted:Number has never cared about regular people or the economy. Number only reflects how good companies are doing, and the largest companies are doing better than ever. companies aren't doing good either, it's only the largest ones that are doing any good, and some of the "largest" like tesla are not even large AND are not doing good stonks are artificially inflated by made up money, making actual valuation impossible
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Jan 4, 2021 00:44
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StrugglingHoneybun posted:Number will be bad this year nah, they didn't manage to do any of the poison pills and dems are going to have the senate, number'll be fine the rest of us though, not so much
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Jan 4, 2021 00:45
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Homeless Friend posted:thread spent 4 years waiting for the crash only for the feds to do 1 neat trick 
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Jan 4, 2021 00:45
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On that note: https://twitter.com/NorthmanTrader/status/1335279637438599176 https://twitter.com/NorthmanTrader/status/1335682226823032837
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Jan 4, 2021 00:47
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anime was right posted:post good content from the old thread and ill put it in the OP put up links to michael roberts: https://thenextrecession.wordpress.com/blog/ naked capitalism: https://www.nakedcapitalism.com/
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Jan 4, 2021 00:47
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CubeTheory posted:I am going to kill number how can you kill that which is immortal
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Jan 4, 2021 00:48
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SKULL.GIF posted:On that note: pretty amazing
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Jan 4, 2021 00:49
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Yes, good, good. Work together as a community to build a solid OP for the thread. It keeps it up to date, consolidates the thread identity, and makes it easier for new people to join in the conversation.
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Jan 4, 2021 00:49
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these guys need to hook me up with some of that cash!!
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Jan 4, 2021 00:49
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I'm liking hobo sven. it's a good look
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Jan 4, 2021 00:49
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SKULL.GIF posted:On that note: lol this poo poo owns, amazing
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Jan 4, 2021 00:51
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Relevant Tangent posted:how can you kill that which is immortal I am a McCloud (Macleod, archaic). I shall remove numbers head and grow stronger through the Quickening.
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Jan 4, 2021 00:51
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https://twitter.com/NorthmanTrader/status/1335277754045042692 this is the most eye opening one lmao they really printed their way out of the recession
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Jan 4, 2021 00:54
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we're going to see the collapse of the dollar lol
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Jan 4, 2021 00:54
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Centrist Committee posted:we're going to see the collapse of the dollar lol Not if we destroy the rest of the world first! *taps head*
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Jan 4, 2021 00:55
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i don't understand what you're supposed to do after you start printing money at that rate. we picked up the pace after 2008 crash and never stopped and then threw it into overdrive in march and continue to increase
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Jan 4, 2021 00:55
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im on the net me boys posted:rip doomsday Econ long live doomsday Econ
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Jan 4, 2021 00:55
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thats not candy posted:i don't understand what you're supposed to do after you start printing money at that rate. we picked up the pace after 2008 crash and never stopped and then threw it into overdrive in march and continue to increase rich people will buy up all the assets, inflating the prices of everything rich people buy (houses, stock) and make it even less attainable for normal people to purchase.
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Jan 4, 2021 00:56
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Centrist Committee posted:we're going to see the collapse of the dollar lol it's still used for all global financial transactions, defacto petrodollar, and has wormed it's way into everyone countrie's cranial lobe feds still have a lot of printing they can do as long as the printed money goes directly into the rich people's wallet and stays there as funny speculative commodity investment money
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Jan 4, 2021 00:56
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thats not candy posted:i don't understand what you're supposed to do after you start printing money at that rate. we picked up the pace after 2008 crash and never stopped and then threw it into overdrive in march and continue to increase u keep doing it, it owns.
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Jan 4, 2021 00:56
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thats not candy posted:i don't understand what you're supposed to do after you start printing money at that rate. we picked up the pace after 2008 crash and never stopped and then threw it into overdrive in march and continue to increase I think the only realistic way "out" is to switch currencies in totally unrelated news, bitcoin is exploding in valuation after institutional money is pouring into a new tether derivative or whatever
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Jan 4, 2021 00:58
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thats not candy posted:i don't understand what you're supposed to do after you start printing money at that rate. we picked up the pace after 2008 crash and never stopped and then threw it into overdrive in march and continue to increase sounds like a problem for some other fuckin loser down the line, keep 'er running
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Jan 4, 2021 01:00
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Centrist Committee posted:we're going to see the collapse of the dollar lol not if every other country does the same, which seems to be the plan inflate every currency but make sure the rich get all of the newly created money so they can buy people's houses with it
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Jan 4, 2021 01:01
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how soon before bread starts costing $100?
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Jan 4, 2021 01:05
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Xaris posted:one would hope so but it's basically on china to destroy it at this point its not going to happen overnight, but chinese leadership is now comitted to going from an export oriented economy to being the biggest consumer market in the world and its economic center. they're letting the yuan appreciate and are pushing for it to eventually become the new world reserve currency
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Jan 4, 2021 01:05
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Radirot posted:how soon before bread starts costing $100? pete wont be president until 2029
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Jan 4, 2021 01:05
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SKULL.GIF posted:On that note: this is why I wrote "never forget that most of the money was created within the last 10 years and handed to rich people with no strings attached while you were working your rear end off and nursing your mental illnesses" on my cock in permanent marker
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Jan 4, 2021 01:12
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mila kunis posted:its not going to happen overnight, but chinese leadership is now comitted to going from an export oriented economy to being the biggest consumer market in the world and its economic center. they're letting the yuan appreciate and are pushing for it to eventually become the new world reserve currency yeah they're definitely the best positioned to replace usd and its moving forward. america can't just stop making GBS threads itself to death non-stop and printing trillions of dollars 4 jeff bezos
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Jan 4, 2021 01:14
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thing seems bad
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Jan 4, 2021 01:16
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when has any society ever “printed money” that went anywhere other than “the pockets of the rich”
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Jan 4, 2021 01:16
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https://i.imgur.com/BtgZ6Ce.mp4 mandatory marx mandate guys are we in one of those crazy spikes up uP UP? lol bagual has issued a correction as of 01:28 on Jan 4, 2021 |
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Jan 4, 2021 01:17
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Centrist Committee posted:when has any society ever “printed money” that went anywhere other than “the pockets of the rich” new deal. for the most part
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Jan 4, 2021 01:17
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The ECB has also been conducting a bunch of but the Euro still has been beating out the dollar just because of how much of a mess the US is at this point and it doesn't look like it is going to end anytime soon (look at our vaccination rates). Also, the RMB is very quickly becoming a reserve currency, and it is speculated it may be already 4-5% of global currency trading already. That said, the market will probably continue to go up because the US has no plan B and that is only going to cause more of an issue later down the line since the stakes are only going to get higher. It is good for the market in the short term though...so I guess party on. Ardennes has issued a correction as of 01:28 on Jan 4, 2021 |
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Jan 4, 2021 01:20
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Let’s compromise: Let’s have just 1 month of hyperinflation. No more debt for everybody!
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Jan 4, 2021 01:25
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Xaris posted:new deal. for the most part lol if that’s the historical precedent then best stock up on beans and yuans now
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Jan 4, 2021 01:26
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