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2021-01-17 08:20 26099107 Anonymous (57E6CC98-D194-4388-8822-6785C0520D7B.jpg 750x658 381kB)
$2000 A FUCKING MONTH? HOLY FUCKING SHIT BITCOIN $100,000,000 EOY LETS GOOOOOOOOOOOO

1 min later 26099134 Anonymous
god i hope so. fuck the dollar, this is what I've been prepping for for years

1 min later 26099138 Anonymous
>>26099107 people need rent money not bitcoin dumb indian faggot, go fuck yourself. some of that might hit tesla

2 min later 26099155 Anonymous
>>26099107 Sounds good to me

4 min later 26099193 Anonymous
>>26099138 more like TSN and NKE

7 min later 26099248 Anonymous
>>26099138 Niggers and women won’t pay their rent even if you give them free money. They will spend it on frivolities as long as the government will prevent landlords from evicting them.

11 min later 26099326 Anonymous
>>26099138 Bro unemployment is like 6.5%. That's fucking nothing. That is regular recession tier. This idea that everyone is getting fucked over on their rent is a gigantic meme and straight up lie. What people are doing is milking the government for every last drop of gibs they're willing to break off.

13 min later 26099355 Anonymous
Also, the only reason DC is toying with these ideas is because they know everyone hates them now and are hoping they can buy your compliance.

13 min later 26099361 Anonymous
fuck, why whites are supporting that shit ?

14 min later 26099387 Anonymous
>>26099326 Heuheueheu 6.5% nationally. Local rates differ.

14 min later 26099390 Anonymous
>>26099355 Jews know the goys are on edge. They're can't afford any more chaos. They'll print to stem the tide

14 min later 26099397 Anonymous
>>26099361 whites have plenty of lazy, poor retards

14 min later 26099398 Anonymous (SOYJAK.png 736x1444 280kB)
>>26099361 >NOOOOO ONLY BLACKS AND MEXICANS SHOULD GET THAT MONEY!! The conservative-American mind is an enigma.

14 min later 26099399 Anonymous
>>26099387 No shit, but that stimulus check doesn't differ locally.

14 min later 26099402 Anonymous
>>26099138 Anon, you are retard and do not understand why BTC will be $100m EOY. It's not because BTC will be valued so high, it's because this printing and gibs will kill US economy and USD will crash harder that Twin Towers.

15 min later 26099422 Anonymous
if this goes through america is unironically doomed in 10 years

15 min later 26099430 Anonymous
>>26099390 >Jews know the goys are on edge. So they want to recreate Weimar with hyperinflation again? Looks like they outsmart themselves.

16 min later 26099455 Anonymous (c30.gif 181x191 164kB)
Make it 10K a month. Put the USA in infinite debt and let it sink into the ocean

17 min later 26099466 Anonymous (pepe.jpg 306x306 20kB)
stimulus checks aren't going to lead to the insane inflation you think it will. get out of your stupid lolbert echo chambers, whatever they are.

17 min later 26099476 Anonymous
>>26099107 >Just absolutely fuck my economy!! My employer cannot hire a soul because unemployment is paying off so well. Fuck it accelerate. Faster

18 min later 26099483 Anonymous
>>26099355 it's a win win to me: we get printed gibs, our assets sky rocket, big gov gets to live another year

18 min later 26099486 Anonymous
oh dear.

20 min later 26099519 Anonymous
>>26099466 the jews were right about the goyim

20 min later 26099523 Anonymous
>>26099476 that hasn't been true ever since the federal UE bonus expired like 6 months ago, retard

20 min later 26099534 Anonymous
>>26099430 They want to stop social unrest from boiling over into a state crisis. >>26099483 I am worried they have opened pandora's box on this one. Now there is precedent for politicians to essentially pay people to reelect them, and for people to demand payment whenever there is an economic downturn. I wouldn't be surprised to see a UBI actually happen before 2030.

21 min later 26099551 Anonymous
>>26099483 > we get printed gibs For half a year before these gibs are worth nothing due to inflation, while all businesses are already fucked and closed. >our assets sky rocket In US monopoly money, not in BTC, gold or oil barrels. >big gov gets to live another year This is a direct loss to you.

21 min later 26099554 Anonymous
>>26099422 >I remember when cheeseburgers cost a dollar! >That’s nice grandpa. Your total will be $1,499.99. Would you like to super size for $500 more?

22 min later 26099576 Anonymous
This is why the FR was created also. To take the reins of the economy out of congress' hands, since they were always highly inflationary and short sighted. With measures like this they've wrestled back that control. It cannot end well.

23 min later 26099587 Anonymous
>>26099107 So why didnt yang get voted in? Hed prbably have been better than biden. Ironic how his ubi seemed to be mocked and here we are where its being considered.

23 min later 26099592 Anonymous
>>26099554 Haha, it would be more like >I remember when I kept money in the wallet, not move it around on a cart.

24 min later 26099607 Anonymous
>>26099587 Yang only promised $1000 a month, the cheap fuck. If we get $2k/month I'm putting it into gold and burying it in my yard until things collapse, this is fucking nuts.

25 min later 26099633 Anonymous
>>26099107 Considering how a significant portion of the dollar usage and dollars, are outside of the US. It might be worth it to erode it. Imagine two countries of equal size having the same currency, but only one of them have the ability to issuing new ones. What would happen if the country with the printing press decided to double the amount of circulating money in it's country, doing so with helicopter money. One would assume that inflation would be 100%, you have made it possible to buy twice as many things without producing anything more. But because of the other country share the burden of a depreciating purchasing power of their currency, it might actually only be a 50% inflation. I think they may be on to something, with this retarded helicopter money.

25 min later 26099638 Anonymous
>>26099523 Got extended dumb guy

26 min later 26099650 Anonymous
>>26099551 >not in BTC, gold or oil barrels. would love to see you explain this away. commodities will skyrocket on a dead dollar. plus we'll have other countries dropping their treasury reserves and stuffing the dollars back in the US, so compound that harm by at least 2x. Where does the value flee to when the reserve currency is fucked? My bet is crypto and commodities.

26 min later 26099653 Anonymous
>>26099107 Also intend to transfer that cash into assets. Not gonna be the guy who gets left holding the zimbabwea tier us dollar if it crumbles.

26 min later 26099661 Anonymous
>>26099592 >>26099554 >brrr it's cold in here! Honey can you add more money into the fireplace? >wheel barrows in freshly printed Benjamin's into the open flame

26 min later 26099669 Anonymous
>>26099551 If you've known where to park your assets prior to hyperinflation, you're in a good place to hedge against this. If you didn't, well sucks to suck. BTC going up right now for a reason. UBI. Keep using the neetbux to buy BTC.

27 min later 26099675 Anonymous
>>26099650 >commodities will skyrocket on a dead dollar Commodities will never skyrocket in the fucking dying country.

28 min later 26099695 Anonymous (1605918935111.jpg 540x588 33kB)
>>26099107 >65% support hyperinflation Somehow I think these polls are fake.

28 min later 26099701 Anonymous (khjgfkg.jpg 750x725 165kB)
>>26099476 maybe your jew company should raise their wages, oy vey

28 min later 26099709 Anonymous
>>26099107 If this goes through the lock downs will never end. People will be content. You will sit in your pod and be happy. You will eat the bugs too.

29 min later 26099718 Anonymous
>>26099607 No kidding. 1k was pretty sweet and i was ready to vote for him solely for that. At this point im fairly sure they are trying to devalue the us dollar. Need to transfer as much cash into pther stuff. Heck a stick of ram will hold value better than the dollar would. Even a toy teddy bear in pristine condition too

29 min later 26099720 Anonymous
Could be preemptive programming for UBI. This begs the question, why even work? $2000 is plenty as it is, + unemployment if you can still get it is them some.

31 min later 26099756 Anonymous
>>26099633 >you have made it possible to buy twice as many things without producing anything more. No, you have only doubled the price of everything by halving the amount of things an amount money can buy. This is what inflation is. The main benefit to inflating USD is that people are encouraged (forced) to spend it on productive activity and it reduces the value of our national debts to do it. So instead of letting sit under the mattress you buy stock or consume or start a business or whatever with your money. And when we lend gazillions to other countries and pay interest only, the real value of the debt after 20 years of inflation is much smaller.

31 min later 26099758 Anonymous
>>26099720 >$2000 is plenty as it is This. Thats enough for me not to put myself through wagecucking. Hate my current job and it pays horribly too.

31 min later 26099768 Anonymous
>>26099718 >Need to transfer as much cash into pther stuff. Ammo, canned food, fuel, medicine. These will save their value for sure.

32 min later 26099782 Anonymous
>>26099675 how? commodities actually have intrinsic value. oil, corn, wheat, etc etc. people don't stop needing it suddenly when the liquidity is worthless. why wouldn't people trade with different liquidity like gold/silver/crypto? you that worried go buy some bullets. that should definitely be worth something after a few years of hyperinflation.

32 min later 26099796 Anonymous
>>26099398 So is yours. He asked why whites would support it and you went full autistic

33 min later 26099811 Anonymous
>>26099107 Republicans will laugh in Pelosi's face.

34 min later 26099825 Anonymous
>>26099756 >No, you have only doubled the price of everything by halving the amount of things an amount money can buy. UBI has an even worse effect of discouraging labor. If you can do nothing and get half of what you would get if you work, then you are likely to drop the job.

34 min later 26099835 Anonymous
>>26099768 >Ammo, canned food, fuel, medicine. >These will save their value for sure. Definitely. Just need to make the right choices so I dont get left bagholding something that cant be traded back with ease should the devaluation not occur in the near future (5 years).

34 min later 26099839 Anonymous
>>26099695 No shit

36 min later 26099863 Anonymous
>>26099811 The new Republic*ids will obey Pelosi like dogs though

36 min later 26099865 Anonymous
i wonder what would be the result if you put it to a vote if we should receive 100000 but then we get to take 1000000 from you next year. how would the democracy work in that regard? work as intended?

36 min later 26099880 Anonymous
>>26099782 Yeah, I misread your post, and you misread mine. Commodities will have their real value saved, but land, real estate, labor, stocks, etc will devaluate. So, the price of your house in USD will x100, but the loaf of bread will x1000.

37 min later 26099889 Anonymous
>>26099326 >believing politicians... http://www.shadowstats.com/alternat e_data/unemployment-charts

38 min later 26099910 Anonymous
>>26099863 Politicians only care about one thing, and its not your welfare ... it's re-election. I they do what Democrats want then Republicans wont vote for them.

39 min later 26099945 Anonymous
>>26099107 I have some things to pay for, but if we can get $2k a month I'll have my -10k$+3k student loans paid off, plus a $2k down payment on a car, and I'll be pumping $2k a month around march-april into bitcoin

39 min later 26099947 Anonymous
Benjamin Cowen is saying the USD is at a Jan 2018 low when it bounced back. You know what happens to BTC with a strong dollar? https://youtu.be/TkqqQ2qKcEY Time to sell.

40 min later 26099964 Anonymous
>>26099107 Enjoy paying 300$ for a BigMac in the near future my fellow Amerifags.

41 min later 26099970 Anonymous
Serious question, have these checks helped at all? How many have we had? 2 or 3 already, totaling less than $5000 for each qualifying taxpayer.

41 min later 26099976 Anonymous
>>26099889 >using unemployment values that include people who are literally employed and is taken mostly from BLS where everyone else gets unemployment numbers

42 min later 26099991 Anonymous
>>26099947 The only reason the dollar appears to be strengthening is because the 10Y yield is rising. If the yield gets any higher though the stock market will crash, which Jpow won't allow. Once they announce YCC the dollar is donezo. Get a mix of gold/bitcoin to maximize safety/gains for both extremes. If we get hyperinflation but shit doesn't hit the fan, BTC might become a new reserve currency, if shit really hits the fan you'll want a physical commodity as a store of value. Exit all fiat.

43 min later 26100005 Anonymous
>>26099107 You know all of that saving you did while others got high and were irresponsiblewith their financial management? Well it was for nothing as your dollars become wallpaper. Oh and those assets you bought? It will all be “wealth” taxed away to oblivion.

44 min later 26100025 Anonymous
>>26099970 No and they didn't stimulate the economy either. Most people saved them. Then they switched it to debit cards so you'd spend, but people went to the banks and asked how to deposit the card balance anyways.

45 min later 26100042 Anonymous
>>26099970 It all looks very familiar. The Great Depression lasted a decade and at the end everyone hated Government intervention cause it always made things worse.

46 min later 26100059 Anonymous
>>26099825 If that's the case then the job was improperly compensated.

46 min later 26100063 Anonymous (333.jpg 748x568 65kB)
>>26100042

51 min later 26100171 Anonymous
>>26099964 /biz/lets thought the coffee/big mac standard for was a meme LINK serves as an oracle for real inflation. if the token is worth $22, that means the true cost of a big mac is $22

53 min later 26100209 Anonymous
>>26100063 What do diversity hires who aren't in charge because of their skills, but because of their persona do? >money printer goes brrrrr Really hope this is the beginning of the end of USA being important, I welcome our Asian overlords with open arms

53 min later 26100225 Anonymous
>>26099138 Implying dumb sheeple are pumping Bitcoin. Remember inflation hedge assets are there for conserving wealth, not making money.

54 min later 26100244 Anonymous
>>26100059 You meant to say the doing nothing is improperly compensated.

55 min later 26100254 Anonymous
>>26099880 it happens. hope we all get out on top of this mess. I have food, med supplies, emergency rations, guns/ammo, gold/silver, and a pile of crypto. like I said before, I've been prepping for this. hoping for the best but ready for the worst. fuck the dollar. >>26099910 cept the republicans are dead now. right wingers know they have no representation in the gov. it's a good thing tho, no more controlled opposition for the puppet show. good set up to create a REAL political party.

55 min later 26100258 Anonymous (BTC.png 200x200 7kB)
Buy more bitcoin.

56 min later 26100273 Anonymous
>>26099945 if we get $2k per month you're better off keeping that student loan as it will be virtually worthless.

58 min later 26100324 Anonymous
>>26099483 more like no more Mr. Nice guy and time to take the gloves off Canada this going to get ugly over here

59 min later 26100337 Anonymous
>>26099945 >paying off your student loans and immediately getting another loan Zoomers

1 hours later 26100417 Anonymous
Did anyone else see the thread where the California anon couldn't use his unemployment money at Coinbase?

1 hours later 26100444 Anonymous
>>26099326 increase inflation so that our debt is meaningless.

1 hours later 26100454 Anonymous
>>26099720 they will simply adapt a crypto method that wont crash and sweep the old system under the rug. Its just the transition is a bitch so everything is chaotic. The anti inflation models of crypto allows wealth to flourish easily which is why they need to impliment so many control mechanisms because once everyone is finacially independent they lose power.

1 hours later 26100455 Anonymous
>>26100417 Elaborate

1 hours later 26100476 Anonymous
>>26100337 It'd be better to get a fixed rate house loan. The dollar's going down, so if you're still paying $2300 a month in 10 years, it'll be like living in the 50s with that low of a price.

1 hours later 26100487 Anonymous
>>26100171 Based

1 hours later 26100550 Anonymous
>>26100455 Well I'm thinking we wont be allowed to spend UBI on crypto. They don't want you to save it either. It is meant to flow back into the economy. My $600 stimulus was send on a debt card instead of a check, probably to discourage saving that money.

1 hours later 26100561 Anonymous
>>26100171 Kek. Actually makes sense.

1 hours later 26100563 Anonymous
I live overseas and was born a British native, how can I claim this money?

1 hours later 26100589 Anonymous
>>26100550 It will be a Debit Card that will only allow payments on necessities. As it should be.

1 hours later 26100615 Anonymous
A combination of several thousand recipients for the stimulus program would be enough to purchase a bid on the recently decommissioned aircraft carrier

1 hours later 26100632 Anonymous
>>26099976 I find the unemployment numbers sketchy at best, we lost like 700,000 jobs a day ago. Also the number of guys in 2 jobs or more plus or minus all the whiny graduate doc zoomers in plebbit forced to flip burgers for a living(should've done trades/lrn2code lol).

1 hours later 26100677 Anonymous
>>26099138 >people need rent money Sure, just like the last time right? And in a few months fags like you will say we need $3k checks for "rent"

1 hours later 26100699 Anonymous
>trump in office >trump wants to give stimulus to poor ppl >dem oppose it >dems in office >"WE WANT TO GIVE MORE STIMULUS TO POOR PPL" jeez

1 hours later 26100717 Anonymous
>>26100550 >we wont be allowed to spend UBI on crypto. Every restriction can be circumwented. But you should better invest your savings into crypto, as they will devaluate. After you did that, you would have no spare money to invest in crypto anyway.

1 hours later 26100729 Anonymous
>>26099107 100,000,000 will be worth dick if that happens

1 hours later 26100730 Anonymous
>>26100677 Well it does introduce the cost of living problem. $2000 will do more in West Virginia than California.

1 hours later 26100749 Anonymous
>>26100677 Yes, because rent price will be adjusted. Then it will be $4k. Then it will be $6k. Then it will be $10k. Then it will be $15k. All the way to Zimbabwean trillion dollar notes.

1 hours later 26100753 Anonymous
>>26100730 Which makes the UBI pretty based when you think about it, it's basically exporting wealth out of democrat shitholes into poor rural areas.

1 hours later 26100771 Anonymous
All I have in my account now is 786.96 after the 600 stimulus.

1 hours later 26100773 Anonymous
XRP. comfy hold

1 hours later 26100792 Anonymous
>>26100753 It could end up driving the poor out of the cities which seems to go against the agenda 21 urban planning theme.

1 hours later 26100799 Anonymous
>>26100209 USA is just a dying host the kikes have nearly sucked dry, Asia is next

1 hours later 26100815 Anonymous
>>26100771 For some reason, my wife and I didn’t get the second stimulus deposits. Guess we aren’t gib eligible this round.

1 hours later 26100823 Anonymous
>>26100730 I honesty wouldn't have a problem with it if not for the utterly stupid way they're giving out these checks. They should only go out to people who actually need it and/or are on unemployment. Instead they give it out to every retard who gets a tax return even if they're still employed and to people who don't even work and collect welfare, only to have those same retards spend it all on bullshit from Amazon and Walmart. >>26100749 Don't forget student loan forgiveness and $15 an hour minimum wage nationally. These morons are literally asking for their own downfall and are too stupid to realize it.

1 hours later 26100830 Anonymous
>>26100799 So are we the USSR in the late 80s or early 90s?

1 hours later 26100847 Anonymous
>>26100550 Mentioned earlier itt. The debit cards started to encourage consumption because people were not spending the checks. Then they just deposited the card balance instead. The issuer has instructions about how to do that. Metabank iirc. Anyways that anon should've saved the document that comes with the card explaining how to transfer the balance, then used his bank account to fund coinbase.

1 hours later 26100851 Anonymous
>>26100823 Do you think UBI could be sustainable if you could only spend it on domestically produced items?

1 hours later 26100945 Anonymous
>>26100851 I have no idea and don't really care. This is going to cause insane amounts of inflation when this is all said and done, and the mega corps will literally laugh to the bank.

1 hours later 26100968 Anonymous (1610446440799.jpg 1000x1000 164kB)
when is the timeline when do those checks actually get deposited ?

1 hours later 26101020 Anonymous
>>26100851 >UBI could be sustainable if you could only spend it on domestically produced items? No. It can only be sustainable if you barely can exist on it and will still actively look for a job.

1 hours later 26101059 Anonymous (0e9.jpg 200x200 8kB)
>>26099107 >mfw my country's piece of shit currency will be worth something again thanks to Biden I will invest all my gains in crypto

1 hours later 26101079 Anonymous
>>26101020 Thats what $2000 is anon, atleast in ny

1 hours later 26101083 Anonymous
>>26099248 This is unironically the correct attitude. Spending money on things that are free is a surefire way to never make it.

1 hours later 26101091 Anonymous
>>26099326 "Milking the government" is a funny way of saying "taking back some of the money the government has taken from us"

1 hours later 26101106 Anonymous
FUCK basic pay or whatever the fuck these kikes keep calling it. They push it and push it and push it and push it. I don't want that fucking bullshit, and if you can't see that jews are insinuating this garbage idea into public discourse you're an idiot.

1 hours later 26101148 Anonymous
>>26101091 Except that's not what they're doing. They're not giving the money back, they're printing more of it while raising everybody's taxes again. How are you not getting this by now?

1 hours later 26101149 Anonymous (index.jpg 617x347 37kB)
NPR's Marketplace has been shilling UBI for close to 4 years. They are basically a public relations operation for the Federal Reserve Bank so it makes sense that this was always the end goal.

1 hours later 26101211 Anonymous
>>26100851 Back when yang was relevant I did a whole analysis of his UBI to answer all manner of questions about. Even had a model. It comes out to zero net effect. Basically it will not grow or shrink the economy and would also not cause long run inflation (all short run effects are totally on the table though). That was with $12k/year, which is below the poverty level. And in his plan the money is coming out of other transfer policies such that welfare becomes UBI. As far as this goes. Assuming a $24k/year UBI starts with all else constant, no, it's probably not. No matter how it's spent. We don't have the budget for it. Now if you want to eliminate welfare and replace it with this then maybe. But that's still an inefficient way to do transfers and the amount is above the poverty level and >>26101020 . >>26101091 Government has no substantial revenue streams aside from taxation. Every dollar they give you today is a dollar plus time value they tax tomorrow. >>26101106 Honestly it really seems like a last ditch effort to bandaid an obviously broken economy. When you're at the point that you find it necessary to establish a minimum income, it's a sign.

1 hours later 26101223 Anonymous
>>26099361 the economy and government are already fucked I'm gonna put every cent of those checks into crypto like many others and bitcoin will likely hit a million by the end of the year giving me the perfect retirement fund for thailand. Lifes good.

1 hours later 26101241 Anonymous
>>26099422 like we were't gonna end by 2040 anyway

1 hours later 26101250 Anonymous (retard zone.png 393x309 132kB)
>>26099138 >people need rent money not bitcoin dumb You don't think any of that money will trickle down tho? Really? None of it to Bitcoin? Yet of course it'd go to Tesla... riight.

1 hours later 26101251 Anonymous
>>26099138 People becoming homeless because of Coco's covid is just a meme. These trendies are going straight to Robinhood

1 hours later 26101259 Anonymous
>>26101079 >$2000 is anon, atleast in ny Your standards of living is too high. You will not live in New York City, you will live on outskirts in dirty barracks with 49 other roommates. You will not order pizza, you will eat rice that you will cook yourself on the common kitchen and your only spice will be salt. That is the optimal level of UBI.

1 hours later 26101285 Anonymous
>>26100815 >Guess we aren’t gib eligible this round. Perhaps neither of you is, but be sure your wife's son is.

2 hours later 26101582 Anonymous
>>26099361 Whites should actively support something that will benefit them for once in their life. Either they get money, or they can watch a system that hates them collapse and the currency made worthless.

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