can someone redpill me on banks and fiat money? why can/can't they be trusted? should we be investing in crypto?
Can someone redpill me on banks and fiat money? why can/can't they be trusted? should we be investing in crypto?
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>26
No, and stop posting roasties you stupid fucking coomer
Gregory mannarinos youtube channel
i thought you'd never ask
Here is the ultimate redpill
>is coffee good for you?
OP is a fagget
>fat spic midget with tattoos and nigger hair
Yuck
awww the tranny´s jealous
Fiat currency is money without anything of value backing it, like gold. Crypto is also fiat currency, it's just anonymous.
u gay
All women are whores.
Fiat currency and the ability for central banks to print money is a hidden tax on you.
If there are 100 dollars and you have one then you own 1 percent of the money supply.
However if the bank prints 100 more dollars, for total of 200 dollars, then you only now have 0.5 percent of the money. Your wealth has been cut I half without anything being taken from you.
banks are crypto are fiat
buy things of value like land animals and gold if you want to have real things
what do you suggest we do with our money then? trade for gold?
Especially czech ones
That’s a fat ass bruh
Mandy Muse
The US government printed over 2,000,000,000,000 dollars TODAY. Of course they can't be trusted.
No ones has remembered to say built for bbc so I guess I have to do it
built for bbc
My advice is buy land. You cannot make anymore if it and it can have multiple uses.
You still need to diversify. If you understand the game then it is easier to plan. You need to buy real things, gold or silver being one.
The stock market is not bad if you have a long term horizon. Corporations will be bailed out because they are owned by the elite as well.
...
...
...i'm sorry, what?
yeah. but good luck finding any right now. Gold is a hedge.
Fiat (money backed by confidence in the issuing economy rather than a tangible resource or assets like gold) is not the problem, the problem is PRIVATE central banking. Reichmarks were fiat, greenbacks were fiat, but they weren't issued by private / corporate interests, they were the true redpill. The power to coin and regulate the value of money MUST rest in the hands of the people of a nation for that nation to be free, anything else (including gold standard) is slavery with extra steps.
Is that a pimple or a herpes sore on her ass?
Disgusting slag
Is anybody buying stocks or is better to wait?
buy high sell low
Fuck off SOCIAL ENGINEERING KIKES
GET THE HELL OUT OF Yas Forums
they all barge in together folks to KIKEBOMB the board with:
>ANTI-WHITE-WOMAN
>ANTICHRIST
>ANTI-RIGHT-WING
>ANTIWESTERN
>DEMORALISATION
>NON-THREADS
>(NEW) ANTIPROPERTY THREADS
fuck them , KICK THEM KIKE SHILLS OUT LADS
>Fuck off SOCIAL ENGINEERING KIKES
He made a thread asking about fiat and banking you memeflag retard, why are you sperging
>(NEW) ANTIPROPERTY THREADS
Anti-landlords is not anti-property faggot, go back to faceberg.
this is the only redpill you need
Money is necessarily fiat now, goldfags are too stupid to understand goldstandard fell.
It's been a long time since I've watched porn but man, Mandy's ass isn't looking too good. Looks like she's been sitting in a chair for a really long time. Kind of like my flat man ass. Not good.
I wouldn't recommended starting a thread with a picture of a tattood up whore with a cottage cheese ass.
How old are you?
When do you plan on needing that money.
The problem with stocks is that normies have not set aside enough cash to pay bills in a crisis. When the market dips, normies without cash have to sell stocks at the bottom of the market.
If you have cash then now is a great time to buy.
Warren Buffet, before he was murdered and cloned, would preach that most people are lemmings. They see which way the wind is blowing and overcompensate causing wild shifts in the market.
The way to make money in stock is to buy at a good price to establish a margin of safety and then hold the stock so you dont have to pay taxes or brokerage fees moving your money around.
The market is panicked and an index fund which lowers your risks is a smart buy I you can afford and sit on it for a while.
This is VERY interesting to me, please explain this. I think I understand what this means but would love some sort of educated basis from someone that understands economics well
how about a tattoo of a whore with a cottage cheese ass? This is Yas Forums after all
I have a 401k with 40k in it
It is in a 'market stable account"
This means its basically just a savings account because I have been too nervous to play stocks
Im thinking of converting it into the typical 401k stock playing account I guess? Sorry just dont knowshit about economics and never had patience for it 37 year old user here
y'all are gay. stick to your flat ass white women
>should we be investing in crypto?
No. You should invest in land. And you should work that land.
Everything else is sand and you don't want to build your castle on sand
Built for BBC
banks used to be able to lend out 90% of deposits, or put another way, only hold 10% of deposits on hand. now they can lend out up to 100%, and do not have to keep any on hand except to meet business needs.
As far as i can tell there is no way to verify the FED is not illegally printing pallets of cash and shipping them to Rothschild castles on black helicopters.
Out of the 10s of thousands of porn videos that I've watched, she probably has the nicest bleached asshole. Gotta give her that.
Life is supposed to weed out the weak or at least show who is smart and who is not. When money production is centralized as it is in our fiat system, this mechanism fails as whoever the money producers want to see prosper will do so. Without fiat money the state could not offer employment to people nobody would employ otherwise. Porn, sports and everything the average joe consumes would be much smaller industries. Life would be a contest of providing the best service to others, resulting in incredible wealth for smart people, instead of the money makers and the super rich screwing everyone else over and having the dumb survive and prosper.
It is the ultimate weapon.
Coal burner
I understand that much but I'm failing to understand the consequences of this huge change. Does it mean that we're accepting huge loans from international banks yet again to keep our economy intact? Does it mean the FED is now irrelevant? I'm not an economics guy really
If it was just the central bank printing money which the state could use it might not have been so bad.
BUT THE REALITY IS THAT THE CENTRAL BANK IS A TOOL GIVING THE PRIVATE BANKS THE PRIVILEGE TO PRINT INFINITE MONEY AND LEVERAGE UP ASSET PRICES TO THE DETRIMENT OF THE REAL ECONOMY LIKE A GIGANTIC PARASITE.
You best hope the system collapses now.
It doesnt mean anything. Its a silly talking point touted about as it sounds ominous. The unspoken implication is that banks will go on a lending frenzy but the exact opposite will happen, no lending as banks are oh so scared no one will pay back
Wait hang on is coffee not good for me Yas Forums?
Buy $nCoV coronacoin and profit off every death from coronavirus.
That bitch got cankles
i trust jews on this subject
yes, user, we...erm, I mean mean THEY, can be trusted.
vamp
Superior brap monster coming through
good taste, this one pic is from one of my fav videos and it never fails me
>should we be investing in crypto?
Absolutely not. Crypto is being shilled hard right now by the people who own a lot of virtual coin. Pump and dump scheme. You buy in, they whale out, now you're stuck with worthless blocks.
Let it crash, buy low.
link
based and bbcpilled
This girl is fat ... go away fat lover
nearly impossible to find a good link to that video
>mobile.bangbros.com
best I can do unfortunately :/ good luck fellow coomer
Think of interest rates like the opportunity cost of holding money. The higher they are, the less money you want to be holding. Low rates are an incentive for business to increase investing because the present value of $500 a year from now is great with lower rates (PV=FV/(1+i)^t). With greater business expenditure, aggregate demand within the economy will increase driving short run aggregate supply out thus increasing GDP.