https://x.com/disclosetv/status/2038641908558307722?s=20
>>62053802>let the the goyim's children deal in the real worldHe means keep kicking the can down the road.
>>62053802control resources to ensure usd's value
>P-please younger gens>wörk and pay more my ponzi payouts some polity promised me 40 years agoeh noAnti-WorkDefault or die
>>62053816You cant solve demand issues on the production side
If we grow gooder and debt remains the same then the debt to gdp goes down
>>62053828GDP is a fake number as long as it includes anything from the political sphere. A polity wage, a bureaucrats wage, a bureau agency or congress "spending" is in real terms a negative number in GDP, currently its valued as a positive number, which makes GDP a fake metric and the USA, as most other territories communist dictatorships where the polity, the bureaucracy and the "subsidized" privates as the "legal tender" monopolists need to e thrown in a hole and buried alive to suffocate
>>62053802simplified translation: we're fucked. It's actually hilarious, because there isn't that much money even circulating in the USA. Not even close.All the money sitting in your bank account, and everyone else's bank account, doesn't actually exist. Maybe like 10% of it exists in physical dollar form, but 90% of the money circulating through the US economy right now is just numbers. Numbers on a screen.The banks are terrified. The government is terrified. Why? Because if the masses ever realize that their money is just pretend imaginary numbers representing value, and if they all went to the banks today and wanted to close their accounts, they literally couldn't. You don't even technically own the money in your bank account. This happened 100 years ago during the great depression, when everyone lost faith in the banks and started trying to pull their money out, only to realize it wasn't there. The banks started locking their doors. You gave away all your wealth to the bank for safe keeping on the promise that they would only hold it for you, and you pay a monthly fee to that end, and they are instead using your money to doll out loans to shitskin jeet curry niggers to buy more gas stations.You, me, and everyone else are fucked
>>62053881FDIC $250k guarantee tho
>>62053889>guarantee
>>62053881>Monetary systems are a human construct and don't actually existWow anon. Really great stuff. I'm sure your Marxist-Leninist professor of basket weaving studies really appreciates your insight.
>>62053889>guarantee>the polity said so>the gubermint is a god>I trust the godretard BoomerX mind. The central planning committees currency is not monies, its trust and fear projection; its bankrupt in that regard
qrd: no more gibsquestion is, who will be ? the jews and the industrial militar complex or the niggas and their welfare, both are bad but one is out.
>>62053930All of them. No exceptions.I suggest to have a look into recent history, especially the end of the Ottoman empire and the Austrian-Hungarian empire
>>62053881Top 1% of the country holds about $50 trillion in wealth. We could pay it off tomorrow if we seized the property of the richest.
>>62053915that's not what I said nigger
He's saying that debt isn't an issue if the economy grows faster than the debt.However, if we get stagflation thanks to the retards with their tariffs and wars, debt will be a serious problem
>>62053958No it doesn't. It holds assets that are artificially valued through a for 70 years perpetual re-hypotecation ponzi at $50T; if the collateral get re-evalued to actual offer and demand that number goes down to likely short under $50M
>>62053802You don't actually need to reduce the number of dollars in the debt. All you need to do is ensure that the US economy grows faster than the debt. This means balancing the US government's budget such that expenditure and revenue are more even, and ensuring that the productive output of the US continues to steadily increase.Of course, the more debt you have, the more money you need to print. If you print money, you cause inflation. You cause inflation, you cause the bond markets to rise, which increase the debt. It's a positive feedback loop. A death spiral.There is a point of no return. If we hit it, we're omega giga nuclear fucked. Like, stock up on bullets and canned food fucked.
>>62053979that point of no return was overstepped in late 2025 when the majority of the most useful generation of greedy idiots that voted for it 40 years went from net positive payers into since the mid 90s bankrupt ponzi schemes to net negative redeemer
>>62053802>essentially everyone ignoresnigger that is your job your job is not to sit in a tower are be the supreme nigger king with better ideas than everyone you have to convince people
>>62053802It is all fake. Literally just made up numbers.
>>62054148>convince peoplewell for his misfortune the people he would have to convince have all rationality to ignore him. The polity, bureaucracy would essentially commit suicide, and the collateral that got designated to be the sucker 60 years ago has absolutely no rational to honor the "generational contract" and foot the bill he and his ilk created overt the past 60 years; the have all rationality to defect and if the polity and bureaucracy dares to coerce them, throw em all into a hole and bury them alive to delete their self legislated entitlement and liabilities from the ledger sustainably.Its going to be the latter, either expropriation of the entire BoomerX cohort including the entire polity and bureaucracy by legislation, non-bloody or by a perpetual genocide over a decade or two, where they become prey, in the most literal sense
Jerome’s entire job is to protect the markets. Jerome and the board of governors all work at banks, and these bankers, since the 90’s, function as commercial and investment banks simultaneously, meaning that the fed needs markets to be stable so that the bankers do alright. He will never give the real answer on the debt (“we’re fucked”) so he’ll just settle for “maybe if we just tried harder,” which is just kicking the can down the road. There’s no fixing our debt, and there’s no fixing the debt of most developed countries. The currency will be inflated, making the debt functionally payable but also severely reducing the real value of the debt (obliterating all interest in US markets of any kind), until it is pegged to something stable. My bet is gold, hence why most central banks are hoarding it en masse. When the fed was asked why central banks hold and acquire gold if it isn’t a good investment, they unironically responded with “it’s tradition.” Yeah, no. Every developed country is prepping for a new backing.
>>62053850indeed
>>62053963Yup. It's actually insane how /biz/ has no concept of this and is full of /pol/ doomers though. That's what happens though when your too low IQ to conceptualize innovation I guess though.
>>62054319(innovation meaning our entire economy being synonymous with gayniggerly.app securing 10 quadrillion in series bbc funding)
>>62054319Officially the US GDP consists of 25% unproductive "public spending" and that's not accounting for the hidden subsidies. In real term the US gdp is about 60% unproductive monetary polity inflation, compared to Germanies and France 80% thats not much, but far more than enough to make real gdp growth negative for the past 30 years; you ponzi faggots misunderstand that your currency isnt "monies" its trust in the metrics, and anybody under 50 doesnt even pretend like the last 2 useful idiot gens that the metrics are legit.The ponzis are dead
>>62054337Innovation meaning innovation. You faggots just usually have a victim complex and let it effect your entire worldview, hence thinking millions need to fry.>>62054350"Unproductive monetary inflation" isnt a thing when currency can only be created with debt in the system, further proving my point your all just doomer retards that don't understand modern economics
>>62053802fed speak for we are fucked and are going to keep rates low and have a shit ton of inflation until we are in a better spot.
>>62054364It's fed speak for you voted for this by voting in the same idiot that sent trillions of dollars in covid stimulus straight to the 1% instead of investing in anything useful
>>62054363so you only pretend to be stupid? Got it. To spell it out, what you need is a consistent increase of demand for debt, not by the polity, but by the economic players, which requires TRUST that taking debt is going to make a profit down the road — well that trust is gone, its gone from the central ponzi players, the monopolistic "legal tender" creators and its as well gone from the active population, "we" all see the numbers, "we" all know that the demographic pyramid is inverted, "we" all know that the demand for assets thrown on the market for the as long as BoomerX breaths is not going to be met.You cant legislate credit expansionor otherwise put, you can print monies, but you cant print demand>ib4 the state just emits more bondsnobody in his right mind buys them, we are at the point where the "state" wants to legislate and force economic agents to buy the crap sovereign ponzi bonds, which makes it irrational to form an economic agent that is legislated to buy crap bankrupt ponzis>ib4 AIyou cant solve demand issues on the production side
>>62053802Interest on the debt is now the largest single cost item in the Federal budget. And the day when interest exceeds ALL federal revenue is coming up fast. That is drop dead day, if we even make it that far.
>>62054388>Pretend to be stupidBig words for somebody repeating trash talking points>what you need is a consistent increase of demand for debt, not by the polity, but by the economic players, which requires TRUST that taking debt is going to make a profit down the roadWrong, economic players ability to fund your productive debt may fall short of your appetite for said debt. Debt doesn't exist to make a profit it exists to allocate future monetary supply.>well that trust is gone, its gone from the central ponzi players, the monopolistic "legal tender" creators and its as well gone from the active population, "we" all see the numbers, "we" all know that the demographic pyramid is invertedComplete schlock response lol. You claim this is all "non productive inflation" but meanwhile admit that you think the population hasn't grown to induce any of what you claim is productive economic activity. Again a point that underpins your cluelessness. >You cant legislate credit expansionYou totally can, given that there are better and worse ways to spend money issued by legislative bodies for the public>nobody in his right mind buys them, we are at the point where the "state" wants to legislate and force economic agents to buy the crap sovereign ponzi bonds, which makes it irrational to form an economic agent that is legislated to buy crap bankrupt ponzisAnd yet people will buy, and have bought, because you find mentally don't understand how growth happens in debt based economies as is clear, so your simply just repeating the same conclusions we've shown is retarded
>>62054417we won't. July 21. 2026 is die day; and the hope of the BoomerX ponzi fags is that they can use Trump as a scapegoat to hide behind, memory hole their role in the 70 years of fuck ups and, that's the most delusional part of it all, come out of the ashes on white horse and present digital ID, cbdcs, UBI and global commutardism as the "adults in the room" saving the dayIts going to be honored with a genocide
>>62054421>it exists to allocate future monetary supply.The credit line is tilt on a deflationary demographic pyramid with ironically at the same time the unproductive overhang that is in de-accumulation representing the major ponzi asset holders. They dont have a demand for 50 year loans, and the supposed suckers have no demand for the ponzis thrown onto the market>helicopter money is going to save the dayno. Its going to create hyper stagflation, and more than likely an increase in violence and criminality that the on average 58 year old security forces that are outnumbered 1:20,000, hopelessly on their limits courts cant contain >trust me somebody is going to buy the debtnot unless forced
>>62054442Now your just repeating points I already acknowledged and quoting things I never said. Hope you have fun trying to scare people with your half rate doomer take, luckily I'm sure anyone who actually read this exchange can understand why your arguments built on shoddy grounds.
>>62053958You can't pay off a treasury note with a house or a stock portfolio. You imagine that rich people have piles of money like Scrooge McDuck. The largest measure of total US dollars in existence is known as M2. It is currently estimated at $22.5 trillion. Even if you forced every rich fuck to liquidate ALL of their assets, it would be less than M2 because that is literally all the dollars in the world. So if you took every dollar in existence from every human being and dumped it into the debt hole, you would fill it a little over half way. And that doesn't even include gigantic unfunded programmatic debt (like Social Security, Medicare, and government pensions), or massive quantities of corporate and consumer debt. There are only two ways out of the debt hole government and banks have created: hyperinflation that destroys the dollar or a massive default that collapses the global bond market and triggers a world-wide depression that will make the bronze age collapse look like a golden era. Take your pick.
>>62054457KEKlittle less under 4 months and the music stops, the band gets shot and the horse gets beaten to dead
>>62054459One wonders how you could offset the value of a 30 year mortgage using a portfolio of 30 year debt obligations a wealthy individual holds. Oh well who knows, must be rocket science
>>62053963>>62054319Interest on debt is projected to exceed economic growth by 2031. The whole “just grow faster and spend less” narrative is less attractive than you think.
>>62054484you need to find somebody that is stupid enough accept it; well I guess the "rich" dude thinks the same as currently every boomer with a box he considered his "retirement" plan — if nobody buys it, the bank will. Well banks are not stupid, they are not in the business of taking your risk, they are in the business of socializing their risks onto you
>>62053958Retards really think money works this wya
>>62054493>ProjectedYeah I mean if you can't possibly see how taking a different action that led to this projection could theoretically change that projection I can't help you. You should probably at that point just give into your nature of being an old man rambling at children how coke was a dollar back in your day and the debt was less than a hundred trillion>>62054495I don't care what you think because your a retarded schizo who has shown an inability to think this concept over, hope this helps
>>62053802It means:>The point of having debt is not to pay it off as fast as possible, but to use the money you've been lent to grow your production in order to get a positive return on the amount you've been lent after paying off the loan.Paying off the debt would make the US poor and ultimately force the government to print more money in order to fund itself, resulting in the dollar decreasing in value at an extremely high rate. Once you realize that the US's debt is mostly to itself (inter governmental between different government agencies) and the US citizens/private corporations through government bonds, you realize paying off the debt is fucking pointless. Increasing the debt is the way to make more money. Only single digit IQ pseud Bobo mudslimes think paying off the debt is a good idea, because they want the west to collapse so they can fuck and marry 8 year olds like Muhammad promised.
>>62054507lolarithmetically its over since around November 2025. And the propagandistic lane of trying to make it out as if "you just have to trust the expert and the state" is deader than dead.
>>62054507Uh huh. 1.93 trillion dollars (27%) of the budget is currently discretionary. As shown in that graph, there hasn’t been any meaningful attempt to turn around the gdp-to-debt-ratio in decades. What do you think they should do?
>>62054525Debt to GDP does not matter, low debt to GDP countries are third world shitholes with political chaos that nobody wants to lend money to. High debt itself is not a problem and again is people getting tricked by seeing big notional number, much like you being tricked that the fact coke used to cost a nickel matters in any way to your current economic reality. I do agree the last 20-30 years have mostly been sending money to private corporations and their shareholders and has been not great for our economy, and has been a poor use of debt yes.
>>62054548>It does not matter>the gubermint is godAHAHAHAHAHAHAHAHAHAHAnot for anyone under 50 and those above only pretended it to be their god
>>62054548I haven’t been tricked by anything nominal. The graph I just showed you is not nominal, so I don’t know why you’re rambling about nickels and coke. Big numbers don’t scare me; interest on debt relative to gdp scares me. That’s the problem. It is also a problem when very little of the budget is actually considered malleable, and it is doubly worrisome when the largest discretionary ticket item (military spending) is becoming more and more necessary. On top of all this, when the way in which interest rates are set relies on IORB so that the more you raise rates the more you need to pay banks in interest, measures that typically contract the economy (raising rates) actually serve to inflate it. This is why the federal reserve has a negative balance the last two years, and it why it has had to create money to sustain it. If alarm bells aren’t ringing in your ears yet, they should be. It isn’t doomer screaming at the clouds; it is looking at the situation honestly and realizing that it doesn’t add up.
>>62053802Positive balance = debt stops growingEconomy keeps growing = debt takes a smaller % of economyOvertime inflation wears away the debt to nothing. All Americans literally need to do is not run a deficit for once in last few decades and they are too stupid to even do that. Just literally don't blow up a country one time and you are good.
>>62054634there is a little issue70 years of legislated socialist entitlements and liabilities for an overhang of unproductive net negative leeches from elder, over Niggers to polity, bureaucracy, public employed, public subsidized privates and the rat tail of "industry" that hangs on these leeches that are fed by perpetually overrolling sovereign bond ponzis on a deflating demographic of actually active productive population. And since 2025 the point was reached where it has become economically rational for the latter to defect and under no circumstances cooperate
>>62053802He's right. Although the debt is le bad, society may actually collapse unless we fire up the money printers. Eventually (soon?) the US will try another maymay where the debt gets annihilated or inflated away somehow.
>>62053802>Buy our bagskek
>>62054666There is only the default or die option left. The deflate option is out the door. and the inflate option is sure way into the die option. You really expect security forces that gets paid in devaluing ponzi derivatives to remain loyal or wagies to not look pro-actively for criminal activity? lol
>>62054604Fair enough I did misinterpret about the nominal value quote.Debt relative to GDP though nothing you said actually deflects from the fact though that this doesn't matter when the gap is closed through generating better returns on investment. Ultimately 1000% debt to GDP even does not matter as that assumes you are creating massive increases in economic value from your investments.>The way in which interest rates are set IORB actually increases inflationShow me the proof, because simply it is just adjusting the rate of reserves at a bank to match the risk free rate more or less created by the fed. Banks have to forego investing in treasury's that yield more to get IORB.
>>62054699Yeah, it sure looks like soon they will have to do Something Big.
How about just stop issuing bonds for money printing when it's completely unnecessary and just makes inflation worse, not better, promist to pay off the outstanding bonds of foreign bondholders (because they actually have leverage) and tell the domestic ones to kick rocks and their one weird free money trick isn't a thing anymore
>>62054707QE expansion of the money supply really doesn’t go back into the economy; a lot of it goes into stock buybacks, as you’ve already said. The same is true for the debt that gets taken out. It would theoretically be true if the debt was an investment into the drivers of the economy itself, but since Raegan legalized stock buybacks, the theory that debt-for-investment will yield greater economic returns hasn’t been true in actual practice, and I personally don’t see anyone banning stock buybacks or regulating how debt is invested anytime soon. Debt the government takes on is tossed into the meat grinder of non discretionary spending anyway, which is sort of an investment if you think of human capital as an investment, but since a ton of it is used to bolster Medicare and social security, that doesn’t really hold true either. 1000% debt to GDP would immediately collapse the economy because the interest on that debt would exceed the ability to pay anything back on the principle, the debt would snowball, and the country would be ruined. As for IORB: https://www.hsgac.senate.gov/wp-content/uploads/2025.12.09_IORB-Report-VFINAL.pdfThey don’t manually adjust reserves since 2008; they manage the FFR by setting a floor with IORB. Banks invest their money at the fed more frequently than you think as this paper will show. When the rates are higher than the bonds the fed already has, they don’t make enough money to support this interest payments. Thus, they “print” the money to do so. QE, in practice, is happening constantly as a result of this 2008 change, and it will continue to happen so long as the Fed’s assets yield less than the interest they have to pay out.
>>62054759The big plan is still the hail marry from the late 80s, early 90s "plan"; behavioralize the population into "wanting" global commutardism through the internet/AI (largely failed turned out to be the exact opposite), deliberately crash the shit show and come out with panoptic communist currency reform (failed, instead of behavioralizing the population to believe crapto is hot bottom up shit and the central banks are to be trusted to do it even better turned into the exact opposite) and sing kumbaya together in a multi cultural utopia and hail the int soc institutions as gods (completely failed).Anyway, come July 21 and the auction the music stops, simple as — the auction clock hits 16:59, bid to cover 0.32
If you make $35k/yr and take out $100k in loans to get a degree or whatever that triples your income then it doesn't matter that you're now 100k in debt because you can easily afford to pay it downIf you make $35k/yr and take out $100k in loans to get a degree or whatever and it doesn't double your income then you're fuckedSame thing with the economy, just replace income with GDP
>>62054797>p-please have demand for debtin a in real terms deflationary ponziconomy? You cant force credit expansion.>GDPfakest metric ever sold to tv-addicted boomer trash
>>62054776>QE expansion of the money supply really doesn’t go back into the economyGood thing QE doesn't expand the monetary supply then since it only creates reserves to leverage deposits, not bank deposits themselves>lot of it goes into stock buybacks, as you’ve already said. The same is true for the debt that gets taken outGiven the above it sounds like none of it goes into buybacks, especially given you can put corporate bonds on your balance sheet using either Treasury's or reserves>It would theoretically be true if the debt was an investment into the drivers of the economy itselfWe probably disagree what drives an economy but we don't disagree here obstensibly>the theory that debt-for-investment will yield greater economic returns hasn’t been true in actual practiceNot true sorry>Debt the government takes on is tossed into the meat grinder of non discretionary spending anyway, which is sort of an investment if you think of human capital as an investment, but since a ton of it is used to bolster Medicare and social security, that doesn’t really hold true either.Yeah I mean again we don't disagree government spending into indirect corporate subsidy has overall not been great for our economy>1000% debt to GDP would immediately collapse the economy because the interest on that debt would exceed the ability to pay anything back on the principle, the debt would snowball, and the country would be ruined.And yet in a country not spending money such as ours, completely possible. Your argument is only against america, mine is completely hypothetical. >They don’t manually adjust reserves since 2008Then why is the fed doing reserve management purchases? What do you suppose the repo facility is if not direct open market reserve management same as 2008?https://www.newyorkfed.org/markets/reserve-management-reinvestment-purchases-faq>they manage the FFR by setting a floor with IORB.Yeah no shit and where do government bonds lay on curve. Cont
>>62054776>When the rates are higher than the bonds the fed already has, they don’t make enough money to support this interest payments. Thus, they “print” the money to do so.And again what is the opportunity cost to banks to get this yield? You're complaining about QE causing inflation and suppressing rates but then arguing that the fed is stopping people from buying government debt with IORB lol>and it will continue to happen so long as the Fed’s assets yield less than the interest they have to pay out.I'm going to pretend like you meant to make some sense here and are going to argue the fed should buy more assets, inevitably probably not
>>62054940>the fed should buy more assets>Lets repeat the same mistakes as Japan has for 30 years
>>62053979ah yes, because the greeks needed to stockpile on ammo because they defaulted on their debtwhy do you retards always extrapolate these things out to same personal fantasy end of the world type scenario, as if these things haven't happened countless times in history and everything always works out in the end.
>>62055051Its not the end of the world, just the end of a 70 year old ponzi scheme that relied on an ever growing amount of cooperating suckers and 150 years of banker communism and secular religion around the "party" and the "state" as replacement gods that are trusted and feared.
>>62053802It means realworlders are cooked
>>62054920QE does expand the money supply. You are simply wrong about that. When the fed conducts QE, they purchase bonds from intermediaries and credit their account at the fed. Why wouldn’t this count as increasing the money supply? More money is generated. Banks lend more as a result. It’s a bit funny to me that anyone would argue that QE does not generate money when it quite literally creates it so that it can be injected into the economy; that’s its function. Your hypothetical argument that in theory a country could have 1,000% debt to gdp is true I suppose if there is 0% or negative interest, but it isn’t true at all in practice. Doesn’t seem to matter in our conversation either. In the real world, high debt to gdp matters. We are talking about the ways in which the fed dictates rates. The tool that the fed uses to affect rates is not meaningfully done through the old methods of reserve manipulation; it is done through the setting the floor with IORB. That is the change that happened after 2008 because reserves grew so large. What I am trying to explain to you is that IORB is a tragically inept policy in that it creates money when it is trying to contract the economy. This happens when the federal reserve runs a negative balance and has to create the money to pay the banks, and I showed you that in the paper that I suppose you didn’t read or just didn’t care to comment on. All of this is to say that your assertion that doomers have no grasp on what’s happening because numbers are big is not true. It’s a strawman. Judging by the snide shitflinging you do in every single post, I imagine that you’re underage and insecure about your knowledge or position. It’s fine because most of us have been there. There are real reasons to be concerned for the reasons I have outlined, and it’s also fine if you want to pretend to know more than everyone else. Popular economists are ringing their own alarm bells, so maybe you’ll listen to them.
>>62053802It means that if you eradicate the deficit, then inflation alone will shrink the debt
>>62055095Not quite, it means they are going to have rationally change their strategy, as in instead of wage slaving and paying into ponzi schemes, reduce wage slaving and paying into ponzi schemes and just take — the court system and security forces are already at their limits they don't exactly grow on trees and as the plan is likely trying to print themselves out of 7 decades of straight fuck ups, the loyalty of the mercenaries is not going to grow, on top they are hopelessly outnumbered, paper law is just paper that congress shits in hope it has an active self regulating effect and the end game is a combination of fall of the soviet union, Yugoslavia and any random African failed state
>>62053802It means “W.A.S.P. Whore”, mang
>>62053814jerome isn't even jewish
>>62053889Look at how much that fund holds. They wouldn't be able to cover 5% of accounts if they needed to.
>>62055131>QE does expand the money supplyWrong reserve accounts are not accounted in M1 or M2https://economics.stackexchange.com/questions/6616/are-bank-reserves-part-of-m1-or-only-part-of-m2-and-why>Your hypothetical argument that in theory a country could have 1,000% debt to gdp is true I suppose if there is 0% or negative interestRates have nothing to do with credit ratings really>We are talking about the ways in which the fed dictates rates. The tool that the fed uses to affect rates is not meaningfully done through the old methods of reserve manipulationI disagree, it's my understanding we're arguing how rates tie into inflationary pressures/monetary supply expansion>That is the change that happened after 2008 because reserves grew so large.Except prior to 2008 reserves were managed on a repo basis, of which daily repo is still a tool and rates which are higher than IORB>What I am trying to explain to you is that IORB is a tragically inept policy in that it creates money when it is trying to contract the economy. Yeah and I'm trying to explain to you your wrong>All of this is to say that your assertion that doomers have no grasp on what’s happening because numbers are big is not trueAnd your arguments don't instill confidence that you do understand what's going on
>>62055228Brother if you cannot understand how having a greater balance leads to greater lending which leads to a greater money supply, I really don’t know how to move forward here. The balance itself is not the increase in money supply. The behavior that follows is what increases the money supply. It is an indirect rather than a direct consequence of QE. If you do even the most basic research into QE, you will find that it increases the money supply. https://www.investopedia.com/ask/answers/041415/when-federal-reserve-bank-engaged-quantitative-easing-did-it-add-m1.asp#:~:text=M1%20money%20supply.-,The%20Bottom%20Line,rather%20than%20the%20M1%20directly.I can’t explain IORB any longer it’s exhausting. Just ask yourself this: when the Fed wants to shift the FFR, what do they do? How has that changed over time?
>>62054459You're looking at it the wrong way. We simply make all the billionaire money disappear. Not seize it, remove it from circulation.
>>62053802>What does this mean in English?Devalue the currency until the debt doesn't look so bad.
>>62055273Not at all. Nobody in the active population has any rational anymore to cooperatePolity would prefer to keep inflatingThe correct move would be defaultingThe end game is conflict, if you are over 50, a banker, a public employed, polity, publicly subsidized you better keep a cyanide capsule very close to yourself and your family
>>62054776>>62055131Your paper by Rand Paul and DHS, boy this is sure to be chock full of good finance I'm sure kek.>Starts out lambasting IORBwow that's wonderful, let's see Paul Allen's spending bill. Oh it's dogshit corporate subsidies, yeesh!>Federal reserve is secretive and powerful Yeah if you can't crack a book I guess ahahaha>Fed uses taxpayer fundsOof strike one, they note it as a deferred expense. You know what does use taxpayer funds though? This dipshit writing this lol>As a result banks had incentive to keep this cash at the fedYet the system has "abundance to loan out" just the paragraph before kek. Funny how that doublespeak works, they're making loans one second holding cash the nextOh another one!>Incrntiviea foreign banks to hold reserves instead of loaning them out>IBOR leads to tax lossesAgain they're not costing the Treasury anything lol. Someone should have looked at the payments before writing this. Opportunity cost is not a payment!>IBOR as corporate welfareA whole section devoted to not understanding the alternatives to keeping cash and their impacts, truly amazing.>IORB counted for 16% of incomeHe's right they should've put it on black instead at the casino.>Payments issued to foreign banksThat's how global capital markets work yeah. Did somebody tell him we own the reserve currency?>Without an IORB regime we could've paid out the government!Yeah we could've paid the government back reserves that it paid to its own debt so that Donald could send more of it to Israel. Hilarious how this morphed into an advertisment for big gov. Overall 10/10 meme read very glad I had to witness this abortion of a paper
>>62053889The amount of money the FDIC has is open for everyone to see. It's maybe enough to cover several regional banks defaulting, but any real collapse would be too large for the FDIC
>>62055273>Brother if you cannot understand how having a greater balance leads to greater lending which leads to a greater money supplyBrother yourself, literally spreading misinformation on how money supply works and brother me lmao. You literally proved yourself the exact type of retarded doomer I lamented kek>The balance itself is not the increase in money supply. The behavior that follows is what increases the money supply.And yet your literally arguing that the banks are holding too much fucking cash because of QE, even though QE doesn't increase the money supply, you're actually fucking retarded holy shitIf you exchange 50 billion of 5% bonds you now have 50 billion of 4% reserves, not rocket science>I can’t explain IORB any longer it’s exhausting. Just ask yourself this: when the Fed wants to shift the FFR, what do they do? How has that changed over time?Oh trust me, it's pretty fucking exhausting to have someone explain this like their saying anything worthwhile. If the Fed wants to shift FFR they shift FFR and it shifts upper and lower bounds yup, congrats that's how rates work
>>62053850>thrown in a hole and buried alive to suffocateAnd then we'll dig them back up and burn the bodies to destroy every molecule of evidence, and then destroy the furnaces and build a farm on top so the only proof will be in the minds of the (((survivors))). This makes complete rational sense, and if you didn't think so you're a bigot.
>>62055310So is all of this to say that you have no real argument against the fact that IORB increases the money supply when rates are raised? Just mockery? Are you still upset that you didn’t know that QE increases the money supply, and now you’re deflecting with all of this…nothing? You’re just setting up a strawman and deliberately misconstruing it. The overall points I’ve stated over and over you have no argument against. 1.) IORB causes money to be created when the fed runs a deficit. This happens when the rates of interest are higher than the income the fed generates. This has happened over the last two years, and will continue to happen if rates go higher. Rates go higher = reserve balance goes up for the banks at the Fed >nobody uses the Fed! The opportunity cost! They do. 2.) QE expands the money supply. This is just an embarrassing point of contention for you, so literally just google it. Feels like I’m wasting my time here, so I’m out. >>62055356LITERALLY JUST GOOGLE DOES QE INCREASE THE MONEY SUPPLY. HOLY SHIT.
Why do leftists and socialists love central banking and endless inflation so much?
>>62055385The cognitive and behavioral base layer is already laid. There won't be survivors to tell their story. The genocide is justified, morally and ethically. The "generational contract" was always a dictatorial imposition and BoomerX and its polity loaded a generational moral guilt on themselves that ethically justifies genocide
>>62055356Alright I did it for you. I went ahead and had AI explain it to you out of desperation. Question: Does QE increase the money supply? Please explain simply for my brother. He is mentally handicapped and needs things explained delicately. Sprinkle in words of encouragement.Answer: Yes — Quantitative Easing (QE) does increase the money supply. Let’s walk through it very gently and simply.Imagine This FirstThink of the economy like a garden. Money is like water.If there’s not enough water, plants (businesses, jobs) struggle.So the central bank (like the Federal Reserve) adds more water.What QE Does (in simple terms)The central bank creates new money (digitally — not printing cash like paper bills).It uses that money to buy things like government bonds from banks.The banks now have more money to lend out to people and businesses.So yes — there is more money in the system than before.Even SimplerBefore QE: Less money moving aroundAfter QE: More money available easier to borrow and spendA gentle way to think about itYou can tell your brother:“QE is like giving the economy a little boost of energy when it’s tired. It adds more money so people and businesses can keep going.” Encouragement (for him)You’re doing a great job trying to understand something that even many adults find confusing. It’s okay to take things slow — what matters is that you’re learning step by step. And every step counts If you want, I can turn this into an even simpler story or analogy (like using toys or everyday examples).Let me know if this needs to be adjusted
>>62055399>2.) QE expands the money supply. This is just an embarrassing point of contention for you, so literally just google it.Debating with a keynesian or MMTcuck is very frustrating because they're basically in a cult and have zero common sense.They will say money printing and spending doesn't cause inflation.They managed to brainwash normies that inflation is just a natural part of the economy and that it happens due to "corporate greed" or whatever.Meanwhile they support the same people causing the inflation.
>>62055399You've actually got to be trolling me, even the link you yourself posted says QE does not increase the money supply. >>62055273You do not understand reserves and you are stupid and getting mad because your stupid and posting literally retarded libertarian talking points. I'm glad you learned what IORB is anon holy kek, God bless your remaining braincells
>>62055410>>62055414And yet the link you yourself posted and the multiple links I've posted do in fact say that the money supply is not increased by QE. This is additionally compounded by the fact that banks aren't even beholden to reserves they are required to follow capital requirements now, of which reserves and bonds are equally weighted. The fact that bonds mature into reserves should clue you in. Good night and good riddance, I suggest you ask your AI to write you some slop to soothe your dunning Krugers
>>62055416Your ponzi is arithmetically at its end socialist. Its cheaper to kill you than to keep you alive. That is all that matters
>>62055414It is honestly remarkable that these people live their lives this way. What an awful waste of time that all was.
>>62055444They bet the house and their own off spring on 20th century style behevioralist broadcast propaganda methodology and the bet was that they piss of under natural causes into the grave before the ponzi runs out of suckers and collapses. Into the grave they will go, but not by natural causes
>>62055444My favorite part is the one where you can't do basic addition and subtraction on balance sheets ahahaha
>>62055458when your balance sheet is 99% collateral that kept its virtual value because a generation of greedy useful tv propaganda behavioralized idiots paid 2000 dollar a month into ponzi schemes for 40 years and suddenly become a net negative and the demand to absorb their distribution is not present, your balance sheet is going straight to 0>b-but the central bank is going to buy my bagno
>>62053802Sounds like he’s trying to say they’re gonna focus on “full employment” (whatever that means) for now instead of inflation
>>62055805He wants to inflate the sins of his generation away. That's not going to happen, his generations guilt is going to be honored by the only accurate punishment, dead
But what does this mean for people who hold bitcoin?
>>62055173Shabbos Goys know who breads their butter
>>62053979>If we hit it, we're omega giga nuclear fucked. Like, stock up on bullets and canned food fucked.Theb we just cancel all debts. Declare bankruptcy and start over as a new company. We all get new social security numbers and it's not my problem all the way down.
>>62053802What he means is that the federal budget deficit needs to be reduced and the economy needs to grow faster. That way, the debt as % of GDP will go down over time.
>>62055051The global economy isn't inexorably tied to Greece you fucking retard. A Great Depression 2 is the best case scenario if the US can no longer service its debt. More likely we turn into Turkey or Argentina with infinite money printing, or worse.
>>62056813Yeah, BoomerX polity would love to inflate its fuck ups away, but it misses the greatest fool that like an idiot paid 40 years into ponzi schemes, be it a bank account, a 401k, a stock portfolio..., with sitting 40h a week on his ass to virtually increase fake metrics like gdp to give polity the statistics to conduct hyper inflationary policy. With greatest fool now wanting to extract from the ponzi schemes more than there is cash inflow, while a generation of non-cooperators that have no incentive, no rational to keep the cash flow going nor sit 40h on their ass to provide the necessary virtual statistics, the option of inflating the fuck ups of 70 years away doesn't exist anymore.And should the polity try it anyway it actively incentivizes more non-cooperation and active defection and opposition,like in not just cutting contribution to ponzi schemes to 0 and sitting on ones ass for only 15 h a week, but to actively kill them
>>62054484Why not just declare a jubilee? All debts are forgiven. The slate is wiped clean.
>>62057131No. That would mean repeating the mistakes after 45 and 90. After 70 years of ponzi scheming, 40 years of attempted bail out blood needs to flow. A scapegoat needs to be sacrificed
>>62053881Why do you act like paper money is more real than computer money.If you can pay taxes with it then it's real money.Money is debt and always has been, that's how it was created 5000 years ago.Now yeah there's too much debt and banks are running wild with overexposure you're right.
>>62057135and there is only ONE scapegoat that isn't partisan and is going to create retribution, generally hated enough, economically rationally to kill and morally and ethically justified to kill — everyone over 50 and the actors in the political sphere, indiscriminately of political affiliation and ethnicitythats the only lane left to generate social cohesion, everything else is from mid this year going to lead to an uncontrolled war of all against all
He means the issue is debt to gdp, not nominal debt. If the economy grew by 1000x then the debt would be irrelevant. But that's not going to happen so we're in for a bad time.
>>62057446GDP is a fake numberIf GDP is considered a fake number by economic actors and economic actors start to regard communist expanses which make 1/4 officially and nearly 2/3 unofficially of that number not as positive number but negative the story falls flat.And on the material side, a deflationary demographic with an overhang of useful idiots that have become a net negative cashflow an economy cannot grow, not even a fake one
>>62053802High IQ explanation:Two thingsJapan is gonna financially nuke the world as payback for Hiroshima.Inflation is fundamentally misunderstood by even people in high positions.Japan is the biggest US debt holder. They invented quantitative easing so their population could stay poor. Not because they're smart or have a grand plan, but genuinely because they are economically retarded. They had 30+ years to fix their stagnated economy. Instead of paying their people to have children they decided to ULTRA PRINT Japanese government bonds and buy US government bonds. Their philosophy is autistic textbook rule following they genuinely think if the RATE stays low that will automatically lead to prosperity. WRONG. What happened was yield curve control and carry trading. If the west follows Japan, 30+ years of economic stagnation follows. This is a big reason why WW3 might be favorable for the rich. Because who wants to work their entire life and not be financially stable? That's Japan right now. EVEN THE RICH.Inflation is ONLY when the supply of money is exaggerated. Austrian school of economics. When prices go up in stores, don't confuse that necessarily with inflation. Raising the rate fights INFLATION, NOT STORE PRICES. Prices are affected as a consequence, it's a symptom not the cause. Pulling the rate lever doesn't touch how many bonds have already been printed. Powell is basically saying the US can carry the same debt but needs to service it WITH QUANTITATIVE EASING only possible if the country grows, adding more exaggerated capital into an already ballooned money supply. Japan will default and rug the entire world economy before the US even gets a chance to "do something about it." It's basically taking out a loan to pay back another loan.What are JGBs and Treasuries really worth if they weren't bought with the same money they generated? That's the real question.
>>62053802Translation: "Fuck you, I'm retiring"
>>62053802It means that the US has been bled dry, and there is nobody coming to save you. The investors sent all the manufacturing abroad to exploit cheap labour and turned you into a service based economy.Now, with AI and nations building their own service sectors that aren't filled with DEI, you will be left holding the bag.That's how pyramid schemes always end, with a bunch of broke bagholders.
>>62055173crypto jew or enslaved goyim.
>>62058154>Inflation is ONLY when the supply of money is exaggerated. Austrian school of economics. When prices go up in stores, don't confuse that necessarily with inflation. Raising the rate fights INFLATION, NOT STORE PRICESI hate when people say this. Monetary inflation and price inflation are both "inflation". Yes it's a term that describes two different things. Why? To make sure the goyim are confused and keep arguing about semantics
>>62053881Man I will always be amazed at how fucking terrible this board is understanding the modern concept of a currency holy shit.
>>62059455What ultimately matters is the definition the federal reserve imposes on inflation as the goalkeeper, which is the increase in price of goods and services is how they define, so anon is wrong but again doomers not ready to hear any of this.
>>62053802>>62053814>>62055173I trust Trump and his team of degenerate jewish swindlers.
>>62059455>the jews make it confusing>>62059500>The jews define itThis is how it ends
>>62053802What hes saying is debt is transitory
>>62053817me taking on debt is a tacit admission I "owe" them somethingI dont think I owe them anything after what they did. Quite the opposite really. Anyone who made a deal with these ghouls SHOULD lose everything. I want deals with the devil to not pay out.
>>62059840You'll hold this viewpoint and also believe that fiat is fake and gay currency kek. Just can't help those with sub 100 IQ unfortunately
>>62055213then they can print it
>>62059878>fiat is fake and gay currency The only reason a fiat can be used is because of bonds. Investors expect to be honored their bond when it matures 5 10 20 years later etc. This implies value in the future. The problem is le print has ctrl v the amount a bit too much. If GPD slows and bond holders cannot be guaranteed by the state to get their money back. Then not only was their money never real, but it would mean the end.I'm not even claiming there is a solution here. btw
>>62059870Correct. The Kids don't owe the kingdom, even if the kingdom imposed a "generational contract" on them when they were not even born. The only rational play for the kids is defection; and the elder kings don't leave an other option than to kill them
>>62053802>What does this mean in English?It's over.
>>62059883At one point, printing will crash the dollar. Then we will enter the final crisis, final stage.
>>62057135>A scapegoat needs to be sacrificedA jew? Uh no, sorry, bad joke. The american people. That's how it's always been done.
>>62062314No. The jew is not a general enough scapegoat, despite the desperate attempt to use 19th century propaganda to make it that way. In the current fractured epistemic environment there is only one single scapegoat that ticks of enough boxes in enough bubbles to be considered a viable scapegoat to literally kill. Its the BoomerX and the epistemic community of the political sphere. Generally considered stupid, greedy and materially have had due to the imposed "generational contract" as a generation their dirty hands in the honey pot of the future, so its way more easy to sell the overhang of the elder and their representatives independent of ethnicity as the one to blame and the ones to kill for material profit and social cohesion to the relevant population of the next 80 years
>>62055173Don’t expect reason from chud midwits.
>>62062602Oy Vey
>>62053802Why don't they just write it off?
>>62053802numbers go up. the system continues to work as intended.
>>62062629>Everyone I don't like must be a jewLemme guess you are over 50 and realize that you are getting thrown under the bus. Don't worry, there are going to be enough jews over 50 in the same mass grave as you
>>62053802The way of Clinton, have a balanced budget and the debt gets dissolved. You don't have to buy the debt in a lump sum
>>62062649Stupid stupid stupid demrat shill
>>62062644
>>62062666>>62062706Is that cheap 20th century style propaganda supposed to convince anybody that the BoomerX did not play ponzi games on ZillenialAs credit line and pocketed the profits in the past while trying to leave the bill to the future. Is it supposed to convince anyone to forget that BoomerX rolled over uncovered sovereign bond ponzis for 70 years straight and that it was all the jew?Desperate, desperate retard. Its a democracy, the major voting block and its representatives of the past 40 years have nobody to hide behind
>>62062733jew
>>62062742No, I am not a jew, and you can screech jew jew jew as much as you like, it doesn't change the material reality of WHO profited and WHO was supposed to be the sucker. BoomerX has nobody to hide behind. They casted their votes they loaded a generational guilt on themselves. They thought they could piss off into the grave like Silent Gen, well tough luck, the house of cards collapses at the worst possible moment for their generation
>>62062759Calm down moshe.
>yfw all of that debt was just to fund immigrant scammers, bureaucratic scammers, welfare grifters, aging boomers with failing kidneys
>>62062774Your social signalling on the internet is wasted. The numbers are clear cut, there is no room for interpretation. BoomerX voted for their representatives to hyperinflate the generational debt to comical heights, to prevent a collapse during their active years, full well knowing since the mid 90s, that the moment when they want to cash out, the demographic situation wouldn't allow it, they just bet on propaganda being able to convince the designated suckers of their imposed "generational contract" to let it slide and forget their role. We did not forget their role, and the choice is easy for ZillenialA. Its cheaper for us to defect and let Rome crash and burn while we are still young, and rebuild from the Ashes and bones of the elder.
>>62062780Just plain wrong. The entire 40 years of bail outs was a wasted attempt to keep the virtual valuation of the collateral assets stable and decouple them from actual price discovery in a desperate attempt to not have the re-hypothecation ponzi scheme unwind in the most brutal way. And with each passing year the unwinding would become more brutal.Now there is no road anymore for bail outs, the political capital, the trust capital and the fear capital are exhausted. Defection is cheaper than cooperation
>>62062832You're playing the same games they do. Hyper financial jargon, smoke and mirrors. We spend too fucking much. We spend too fucking much because DC is a rat's nest and has been paying themselves (and their nigger pets) for decades now in excess. And we account for that with debt. The end.Cut the spending, cut the taxes, raze like 80% of DC
>>62062841Is "we" in the room with you now? There is no "we, in a hyper fractured epistemic environment consensus cannot exist, woman. And "you" did not pay for anything, you serviced the interests of Silent Gens fuck ups. You wanted me to fit the bill of your fuck ups, and I say no.Yes, the political sphere has to be genocided, the very least expropriated, but they won't agree to that so only genocide is left. And about your niggers and imports, you completely misunderstood why they got imported and nurtured. It was solely about virtual short term collateral and propping up the fake number of GDP through "public spending". More heads, more assumed future productivity, more unproductive spending that on paper looks like growth. Yes it completely backfired, the imports accelerated the collapse of the ponzis because they rationally did not play ball but extracted value with industrial effectiveness from the ponzis.It still doesn't change that it was the BoomerX voting behavior that made that situation possible
>>62062873Is this AI? Why are you talking like a preacher? Just speak English
>>62062883I am not an AI, I am not a jew. I am just saying what is plain obvious.BoomerX and its representatives thought they had it all figured out and could have their cake and eat it too and then disappear into the grave while leaving IOUs to their children. Their children cancel the contract when the bastards are still alive and then throw em into mass graves
>>62053802Zoomers are fucked. Simple as that.
>>62063009No. Zoomers defected. Zoomers don't need you, you need them to cooperate and they have no rational incentive to cooperate.Anti-work, minimalism and ignoring your propaganda is the worst possible outcome for you.>b-but the central bank is going to buy my bags>I don't need zoomersyeah sure
>>62055051>everything always works out in the endon what timescales?
>>62063068>Anti-work, minimalism and ignoring your propaganda is the worst possible outcome for you.Fine with me zoomy. It's not that you have any other choice than collapsing the whole system either. Or you can accept to own nothing, and be happy. Which many in your generation are ready to accept. Idiots they are give them a videogame and netflix, Mcdonalds, Instagram for the girls, retarded ball game streaming for the boys, and they are happy. Not saying previous generations were any better. But Z bent the knee surprisingly easy.
it means xpr go up
>>62063276You are hard projecting Boomer>Own nuffingWell its already rational to just take it from you and leave you bleeding out in the street and have your security forces write a report and scrap your body off the floor. Thats beside the point that your 401k and ponzifolio require a greater fool to buy you out respective to have a demand and buy into your ponzi to keep its virtual valuation stable while you desperately try to distribute into an empty bid
>>62063326let the goyim deal with the real world,
>>62063382You are really stuck in that desperate 19th century attempt to scapegoat a tiny irrelevant minority away from you. No chance Joe, its clear cut for everyone with eyes to see, that if your hair is grey you have to die
>>62053802if economy don't grow as needed there will be deflation or hyper deflation as money will gather in one corner (0.1%)>economy grows>people work>money rotatesor>economy stays stagnant/shrinks>people can't work>money stops moving and only critical inffra billionares gets more money.debt is just way to tax stupid rich and reward smart rich.
>>62063396>that if your hair is grey you have to dieIt's good to know that i'm bold.
>>62063421money velocity is at its lowest in 70 yearsIts not so much about "can't work" its more a "have no incentive to work"; which is the dead knell of an economy and the dead knell especially for one whose entire foundation is a greater fool theory
>>62063479you can joke as much as you want. Come July 21. likely earlier looking at how regional, and local branches of "banks" are already going belly up since January and the private credit market ponzis are trying to desperately prevent the collapse with capping pay outs, at the same time reducing any rational to ever generate a positive cash flow into them ever again, your life ends — the probability of you leaving your shack and getting killed exponentially rises
>>62063396More seriously it's good that zoomy start to see the retardness of the jewish plot pulling the strings on all things. Boomers, X, Y, were so full of this shit.
>>62063506>jew jew jewWell bad for you, you had your hand in the same cookie jar as the jew, so its just natural for zoomers to ignore the jersey some old faggot wears and indiscriminately kill every elder
>>62063521that includes of course those of their peers that had the hand in the same jar. If your wear leather shoes, look groomed, you die
>>62063497Boy i've known that the collapse is inevitable since 15 years. And by the way, it has nothing to do with jews, but it has nothing to to with Y, X, or even boomers either. We are entering Capitalism final crisis, final stage. The organic composition of Capital is too high. The rate of profit is thus too low. Capital has to compensate with massification of sales. This oversaturate the market. Fictitious Capital can only delay the inevitable collapse. Putting productive Capital idle for a couple years is what saved the mode of production in 2020-2022. And now, we are at the end of the Juglar cycle again.
>>6206355515 years. Wow, it was known since 95, arguably 85.>tries to deflect away from personalized boogieman to "system"the word capitalism doesn't exist outside of marxist dogma. It is just a pejorative by a poor socialist used against a perceived rich socialist. Both aim for the same thing, socialization of capital risk through a central planning committee that scolds themselves the "state" to distribute their risks and costs onto somebody else (in the future) for profits in the now.It requires a growing amount of COOPERATING greater fools, no matter if you call it socialism or capitalism. It requires social cohesion of greater fools that trust the central planning committee and its priests and propagandists.It requires fear by greater fools of the costs of defection being higher than the profit of cooperation.Well its over, that credit line of fear and trust is completely in the shitter, and a repaint is not going to stabilize the moldy structure of that etatistic ponzi, no matter what you call it.And the most rational economic action by the supposed greater fools is to defect, and kill YOU, as in your epistemic community no matter what jersey you wear at the moment. It just happens that the majority that wears the jersey and had its hand in the cookie jar of the future are over 50, that doesn't exclude the under 50 that had their hand in the same jar
>>62063625>15 years. Wow, it was known since 95, arguably 85.Actually, since the 1860s.
>>62063671No. The pyramid ponzi looked from the perspective of the 1960s sustainable as in more greater fools getting born than cashing out. In the 70s it started to look not so sustainable anymore, one of the reasons why the central planning committees had the genius idea to import short term collateral in the form of "immigrants"; and arguably as long as the population was easily brainwashed and behavioralized by 20th century style broad cast propaganda that ensured an empistemic hegemony it worked; Boomer and GenX like retards kept the ponzi stable believing that at the end of their commitment and cooperation a carrot would wait for them.It just turned out that the same methodology doesn't work on digital gens and the biggest mistake was trying to give the ponzi another 20 years by repeating the playbook form the 70s and try to import short term collateral and behavioralize the population into cooperation with the same outdated methodology.though luck it didnt work, it destroyed trust, fear and social cohesion. And now that the greatest fools, BoomerX are expecting a pay out from the ponzi with the designated greater fools defecting in mass the road is over; war of all against all, and if you have shit to lose and if you are old and weak, your probability to become a victim is extremely elevated
>>62063671No boy. It wasn't a typo. The contradiction between valorization and devalorization has been known since the 1860s, and first published in the 1890s (theories of Surplus Value). >>62063713The ponzi isn't a ponzi between generations. It's a constant Capital ponzi that lower the rate of profit, making valorization harder, up to the point where self saturation happens. It's can't be a ponzi between generations since the number of people born in western europa is roughly stable since 60 years. And if zommies are poorer, it's mostly because real wages stopped increasing with productivity around 1975. Inflation is a way to create fictitious Capital, and delay the collapse, but fictitious Capital is inflation, which hurt the newcomers. Indeed, a boomer had to wage say 10 years to buy an appartment. But a zoomie, since wages do not increase, but money inflate, will have to wage 30 years to buy an apartment. In the end, it's not the boomer's fault, even if of course he benefits from the situation, relatively to the zoomer. Reminder also that only 10%-15% to americans own a second property for income or investment. And of course not all of these 10%-15% are boomers, even if they are a majority.
>>62063871You stupid socialists are something else.lemme guess, UBI and increase wages, is going to prevent the house of cards collapsing, and magically we all touch dicks and sing kumbaya while hailing the party as a god. and how would you like to increase wages and pay out your UBI? The state prints more money, right?Its a generational etatistic socialist ponzi that relies on epistemic hegemony to generate trust and fear. Those are the currencies of the political sphere, and those credit lines are tilted
>>62063932>lemme guess, UBI and increase wagesGuess you didn't understand. That is not the point and would change nothing. >Its a generational etatistic socialist ponzi that relies on epistemic hegemony to generate trust and fear. No, it's the tendency of the rate of profit to fall, due to organic composition of Capital increase, which create market saturation. It has nothing to do with any particular regime, and would happen in any possible regime, including bolshevism, fascism, direct democracy, royalism, socialism, social democracy, etc... And they are no solution except Capital abolition. That means wage labor abolition. Well, good luck i guess.
>>62064000No need for luck; I am going to stalk the neighborhood and look for a victim for the week, that gets told>empty your wallet or get beaten